EveryMatrix has signed a new agreement with end-to-end payment platform PXP Financial to target the U.S. market, announced the company on August 19.
On a press release, EveryMatrix described PXP Financial as a “strategic partner” for its operations in the market. Once live in the U.S., the deal will see the B2B iGaming technology provider leveraging the platform’s payments portfolio, which includes over 200 alternative payment methods.
By having entered this agreement, EveryMatrix expects to provide “the best selection of U.S. local payment methods” to its sports and casino operators. PXP Financial is currently licensed to process payments in 11 states, with five more to come “in the near future.”
On the importance of the deal, Erik Nyman, President Americas at EveryMatrix, said: “EveryMatrix’s approach entering the U.S. market is about providing the most stable, comprehensive technology and features.”
Nyman believes the agreement will strengthen the company’s platform, as PXP have an “excellent track record of success in the complex payments landscape in the U.S.”
🤩More fantastic news coming from the U.S! We're excited to announce a new agreement with PXP Financial.
— EveryMatrix (@EveryMatrix) August 19, 2021
Bringing over 19 years of experience, PXP Financial will offer its local payments portfolio to our sports and casino operators.https://t.co/OsxaYA1NGQ
The company provides a single unified payments platform to accept payments online, on mobile and at the point of sale. PXP Financial family of companies processes globally over €21.5 billion ($25.1 billion) annually through its unified gateway.
“Through this partnership, we’ll grow and improve our solution by receiving access to EveryMatrix’s selection of gaming operators. We are looking forward to when our full integration into the EveryMatrix platform is completed later this year,” added Kamran Hedjri, CEO of PXP Financial Inc.
After opening its first U.S. commercial hub in Miami, Florida, EveryMatrix has received a Completed Application status from the New Jersey Division of Gaming Enforcement (DGE) and is pursuing licensing in several other states.
The company expects U.S. to become “the largest regulated online gaming market in the world” over the upcoming years and plans to invest heavily in licensing efforts to gain access.
Earlier this week, the company signed a games distribution agreement for the U.S. with Kindred, which allows the global gambling operator to expand its current casino offering by integrating EveryMatrix’s own proprietary games from Spearhead Studio and Armadillo.