Pinnacle signs payments deal with MuchBetter
Pinnacle has entered into a global partnership with online gaming payments company MuchBetter.
Under the deal, MuchBetter services will now be available to all Pinnacle sports betting and esports customers around the world.
MuchBetter said that its offering will help Pinnacle to “significantly” reduce its transaction fees, as well as prevent fraud and provide the best deposit and withdrawal experience possible to customers.
The MuchBetter Value Based Pricing model charges operators based on each player’s net balance over a month, which means processing fees are lower and relative to the true financial value of each player.
In terms of customer protection, the MuchBetter Gaming Wallet features a range of anti-fraud features, while MuchBetter’s transparent use of data and open APIs will help Pinnacle to meet data protection, KYC and AMLD regulations.
“Given the steady rise of transaction fees in recent years and squeezed margins, it’s rare to find a payment partner that is genuinely on your side,” Pinnacle’s head of group payments, Isabelle Delisle, said.
“In MuchBetter, we are working with a trustworthy account team, and have tremendous faith in the extensive experience of the leadership team of course.
“We are confident that our players will love the MuchBetter App, which offers an intuitive experience for our customers to quickly and easily fund their Pinnacle accounts.
“On our side, we’re excited by the way that MuchBetter will help us proactively reduce transfer fees, while also cutting down on the most common and most damaging forms of igaming fraud.”
Jens Bader, co-founder of MuchBetter, added: “Pinnacle needed a solution that offered the functionality that mobile players have come to expect as standard from their mobile apps, and in MuchBetter they have a service that is simplicity itself. MuchBetter seamlessly integrates mobile into the igaming experience, making payments as quick and easy as ordering an Uber or streaming a film on Netflix.
“There are no passwords, no security questions. Players can make their payments and withdraw their winnings with just their fingerprint and phone.”
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