Delasport Adds Praxis Cashier’s Services to Streamline Payments

Praxis Cashier announced on Wednesday that Delasport, a sports betting and casino platform provider, will integrate its smart cashier technology services.

This partnership, according to Praxis, will allow Delasport’s partners to increase their deposits and business transactions.

“We wanted to implement a secure and reliable product into our premium offering, and Praxis was the obvious choice for us, now our partners may take advantage of all the benefits that come with the integration of their smart cashier,” Delasport’s strategic partnerships’ VP, Eli Moscovich said on the Praxis deal.

The Growing Betting and Casino Industry

Based in Gibraltar, Delasport offers software solutions to online casinos and sports betting platforms. The company outlined that both big and small companies use its turnkey solutions.

On the other hand, Praxis offers PCI 1-compliant Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term software that has access to over 350 payment service providers (PSP) and more than 1,000 alternative payment methods (APM) connections.

It mostly targets Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term, online gaming, and e-commerce companies, meaning Delasport directly falls under its core.

“We are pleased to cooperate with an igaming industry leader like Delasport,” Praxis’ Natalie Agopian said. “We look forward to making our smart cashier accessible to operators seeking to benefit from a complete payment solution that runs seamlessly on Delasport’s enhanced platform and achieving ongoing great results for all parties involved.”

“Our efforts to bring the most innovative solutions in the market have led us to great achievements and a growing partnership network. We look forward to working with Praxis to ensure that together we’ll launch successful products,” Moscovich added.

Meanwhile, Praxis is aggressively expanding its partnerships and recently inked a deal with CurrentDesk to offer its services to brokers. The company is also approaching trading platforms directly and tied with IC Markets.