"Powers diverse online payment solutions worldwide, securely."
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Updated 3 Days Ago
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3 Advocates
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2 Verified Clients
Nutshell
Paysafe helps marketers by providing secure, adaptable online payment options. With a range of payment methods, it simplifies transactions and increases market reach. Its platform integrates easily into existing systems, catering to varied consumer preferences, and ensures safe, seamless interactions between merchants and customers in multiple markets.
In Detail
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Paysafe's Website Claims...
A summary of the claims made on Paysafe's website as noticed by our bot, Vinny.
25 years' payment experience
Paysafe claims that its 25+ years of payment experience make it an industry leader in secure online payment solutions.
260 payment methods available
Paysafe claims that offering over 260 alternative payment methods helps businesses grow their global customer base.
Seamless payment processing
Paysafe claims their seamless payment processing connects consumers and merchants worldwide effectively.
Case Studies
Customized iGaming payment solutions enhance security and growth.
45%
Reduction in fraud risk through EFT implementation
10000
Player accounts created within two months
Situation
Enhancing iGaming Payment Systems
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Loto-Québec introduced espacejeux.com in December 2010.
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The platform serves as a secure gaming alternative.
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Needed payment solutions promoting responsible gaming.
Loto-Québec, a Canadian government agency, launched espacejeux.com in December 2010 as a responsible online alternative to unregulated gambling sites. This platform, being the second of its kind in North America, aimed to provide a secure and user-friendly gaming experience. To achieve this, Loto-Québec needed a reliable payment partner capable of offering a robust solution that aligns with its commitment to responsible gaming. They required a system that ensured users were of legal age, residents of Québec, and could keep track of their spending habits, all while maintaining high security in payment transactions.
Task
Securing Reliable Payment Mechanisms
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Develop end-to-end secure payment solutions.
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Integrate multiple payment and verification options.
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Ensure PCI-DSS compliance for security.
The primary task for Loto-Québec and its partner, Paysafe, was to build an end-to-end payment solution for espacejeux.com that seamlessly integrated various security and convenience features. This involved validating user credentials—like age and residency—through secure payment tools. Additionally, the payment system had to offer multiple funding options including card payments and direct debits, and ensure winnings disbursements minimized fraud. Furthermore, all transactions required PCI-DSS compliance for processing through a secure mobile-ready gateway, using advanced technologies like tokenization to protect sensitive cardholder data.
Action
Implementing Advanced Payment Solutions
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Integrated third-party identity verification services.
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Implemented diverse payment and EFT disbursement options.
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Used tokenization to secure user data.
Paysafe successfully implemented a comprehensive payment solution tailored to the needs of espacejeux.com. This involved integrating a third-party identity service to authenticate users' credit card information, ensuring age and residency requirements were met during registration. For funding, Paysafe provided options like credit card payments and Direct Debit, along with EFT for disbursements, adhering to anti-fraud measures. To bolster security, a tokenization solution was employed to handle credit card data securely, reducing PCI DSS requirements. This suite of actions was designed to optimize Loto-Québec’s capability to offer a responsible and seamless user experience.
Result
Achieving Secure Growth and Responsiveness
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Achieved 10,000 player accounts in two months.
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Secured platform position in responsible gaming.
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Enabled long-term growth and success.
As a result of the collaboration between Loto-Québec and Paysafe, espacejeux.com witnessed significant success, with over 10,000 player accounts created in the initial two months. The secure and efficient payment processing capabilities not only contributed to an enjoyable player experience but also established spacejeux.com as a leader in responsible gaming. The customized solutions provided by Paysafe ensured long-term growth prospects for the platform by merging innovative technology with the stringent requirements of the gaming industry.
Keywords
LOTO-QUéBEC
PAYSAFE
RESPONSIBLE GAMING
PAYMENT SOLUTIONS
SECURE TRANSACTIONS
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