Betcris adds alternative payment methods via new alliance with SafetyPay

Alternative payment platform providing solutions across Latin America and Europe, SafetyPay, announced on Thursday a new partnership with Betcris, Latin America’s sports betting and iGaming brand.

Under the terms of this agreement, SafetyPay’s solution for providing alternative payment methods will allow players to make online deposits and cash payments through banks or cash collection points. 

Betcris’ players will have the option to pay for online games and sports betting through bank transfer or cash instead of using a credit or debit card. SafetyPay’s solution offers customers a risk-free option as they are never asked to share any personal information or details.

SafetyPay partners with LATAM’s leading sports betting and iGaming brand, @Betcris, to let players make online deposits and cash payments in local currency through banks or cash collection points – no credit card information required. https://t.co/7cb7b5pvOJ#payments #Fintech

— SafetyPay Global (@safetypayglobal) September 30, 2021

The platform supports the connection to banking institutions, where customers can enter their banking credentials to make transactions in a secure way. Payments are automatically made in the local currency of the player.

Due to the pandemic and the new consumer behavior not only in the United States but in the world, it is projected that the global online gambling market will be valued at more than $92.9 billion in 2023, almost doubling the current market size, which accounts for $59 billion.

In an official press release, SafetyPay’s CEO, Gustavo Ruiz Moya, spoke about this new partnership and said: “By accepting alternative forms of payment powered by SafteyPay, Betcris expands its customer base by providing access to people around the world that either do not have credit cards or have them but do not want to use them online”

“Powering secure payments is a core focus for SafetyPay. Using the latest technology we're able to better protect our customers – both consumers and merchants – and provide the best experience when they transact online."

SafetyPay operates in 18 countries across Latin America, Europe and North America, and has the largest payment network in Latin America, integrated with over 90% of the banks in the region.