PayNearMe, the mobile cash payments company has launched a new platform that will be a help in the management of the complexities with the movement of iGaming money. The new platform that is named MoneyLine was launched on Monday, October 4, 2021 in Las Vegas at the Global Gaming Expo. PlayLive!  Already uses the new platforming order to offer simpler experiences with regard to deposits and payouts for online players in the state of Pennsylvania.

MoneyLine platform

Executive Vice President of Cordish Gaming Group, Joe Bilihimer has commented that the management of payouts and deposits is a complex process and specifically designed technology that caters to the industry in particular. He has therefore announced a partnership with the MoneyLine fintech platform that specializes in both, iGaming as well as payments. He has stated that the platform offers a very wide range of payment options. The Cordish Group is the owner of the Live! Casinos and Hotels.

More about PayNearMe

The company was launched in 2009 in Silicon Valley. The company processes payments of all types. Cards as well as cash are accepted. Cards can include those such as ApplePay, GooglePay as well as ACH. A partnership with Walmart was also announced in early 2021. To help facilitate payments by customers in cash for their bills through the Green Dot Network.

MoneyLine technology

PayNearMe has stated that the payment platform uses the organization’s expertise and technology to increase player satisfaction and reduce operator cost. Deposit flows are sought to be streamlined and payouts are sought to be accelerated. Th platform also offers insights to operators that will help optimize workflows that will help in customer retention. The platform also offers intelligent and faster cashiering, smooth deposits as well as the ability for users to pay or deposit cash into online accounts while they are at brick and mortar facilities. Operators have a crucial touchpoint with users in terms of deposits and payments. Friction at these points makes players drop off and causes loss of revenue to the operators. MoneyLine removes this friction.