EveryMatrix has teamed up with international end-to-end payment platform provider PXP Financial Inc. as the online casino and sportsbook software provider gears up preparations for its US iGaming market debut.
PXP Financial’s platform offers access to more than 200 alternative online payment methods and financial services globally.
Thanks to this recent strategic partnership, EveryMatrix will be able to leverage PXP Financial’s portfolio once it goes live in the US and thus provide its sports betting and online casino operator partners in that market with a wide selection of local payment methods.
At present, PXP Financial is licensed to process payments in 11 US states. It expects to obtain licenses in five more states in the near future. The company’s gateway services connect its clients to all relevant local payment options, giving full coverage of a given market.
EveryMatrix is the latest Europe-based company that is looking to expand into the fast-growing US digital gambling space. It kicked off its US expansion effort in the fall of 2020 when it applied for a license with the New Jersey Division of Gaming Enforcement to be able to supply locally licensed operators with its iGaming integration platform and gaming aggregator CasinoEngine.
In April, EveryMatrix announced that it has obtained Completed Application status issued by the Garden State’s gambling regulator.
Providing the Most Stable, Comprehensive Technology and Features
Of their recent US-focused partnership, Erik Nyman, President Americas at EveryMatrix, said that their approach entring the US market is about “providing the most stable, comprehensive technology and features.”
He went on to add that he is very excited to be working with PXP Financial as it has an “excellent track record of success in the complex payments landscape in the US” and is “truly an ideal partner” for the online gambling software company.
PXP Financial CEO Kamran Hedjri said EveryMatrix is a company that “really shares our mindset” and is “very dynamic and innovative, run by people eager to conquer the US market, just like all of us here at PXP.”
He went on to note that thanks to this strategic alliance, they will be processing payments for EveryMatrix’s customers and will be ensuring they can make the payments needed to play seamlessly.
PXP Financial expects to complete its full integration into the EveryMatrix platform later this year. Mr. Hedjri pointed out that their partnership with EveryMatrix will help them “grow and improve our solution by receiving access to EveryMatrix’s selection of gaming operators.”
News about EveryMatrix’s US-focused collaboration with PXP Financial emerge shortly after the company announced that it has partnered with Kindred Group to provide the operator with online casino content in states where it is licensed to offer iGaming services.
Source: EveryMatrix integrates PXP Financial to target the U.S., EveryMatrix Newsroom, August 20, 2021