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Businesswire | June 02, 2023
Pavilion Payments, the leading omnichannel payments provider exclusively serving the gaming industry, has announced its innovative iGaming Software Development Kit (SDK). This toolkit aims to offer operators a seamless and efficient solution to simplify the integration of Pavilion Payments' VIP Preferred® program.
The iGaming SDK builds upon the functionality of the industry leading iGaming XML standard format for storing data, delivering a superior experience for both operators and players. With this powerful toolkit, operators no longer need to invest time and resources in designing and coding the front end or back end of their platforms. This new development is scheduled to be rolled out in multiple states including Pennsylvania, Indiana, Virginia, Arizona and New Jersey, in late summer of 2023 with one operator and another in 16 markets as a fast follower.
In addition to these core functionalities, the iGaming SDK equips players with the tools to manage their funding sources effectively. With Pavilion Payments’ ACH/Bank feature, the iGaming SDK ensures a streamlined experience for players. The iGaming SDK offers a range of customization options, such as the use of online bank credentials for enhanced security and efficiency while also providing control over their deposit limits. SDK offers a platform that allows operators to quickly enable new features, including SameDay ACH, Credit/Debit acceptance, Real Time Payments (RTP) and risk enhancements without additional development by the operator.
The American Gaming Association’s (AGA) State of the States Report shows iGaming grossed $1.48 billion in Q1 2023, marking a 22.7 percent year-over-year revenue increase. iGaming is an important sector of the gaming industry and as it evolves, technology and solutions need to adapt to the needs of patrons.
“The launch of the iGaming SDK reinforces Pavilion Payments' commitment to providing innovative and user-centric solutions for the iGaming industry,” said Christopher Justice, CEO of Pavilion Payments. “Our goal is to empower operators by offering a toolkit that simplifies the implementation of our VIP Preferred payment option, ultimately enhancing player satisfaction and streamlining transactions. With its seamless integration capabilities and user-friendly interface, the iGaming SDK is set to redefine the online gaming experience for both operators and players alike.”
About Pavilion Payments
Pavilion Payments enables the world’s gaming entertainment leaders to create amazing consumer experiences and maximize spend across all their physical and digital properties. Pavilion Payments is the gaming industry's leading omnichannel payment solutions provider, providing integrated omnichannel and software solutions that enable flexible funding, play, and cash out.
Businesswire | June 01, 2023
Radial, Inc., the leader in eCommerce solutions, today announced its newly rebranded Radial Payment Solutions, designed to transform payment processing, tax compliance and fraud prevention for businesses. With Radial's fully managed solutions, eCommerce retailers can optimize payment and fraud management operations, eliminate false declines, handle tax compliance, and protect against chargeback fraud.
The escalating growth of eCommerce highlights the criticality of implementing robust payment and fraud detection processes and prevention measures, considering the projected $48 billion loss to eCommerce fraud in 2023. eCommerce brands and retailers must now take proactive steps to safeguard themselves and ensure a secure customer experience. With over 25 years of expertise in the payments and fraud domain, Radial possesses a deep understanding of the multifaceted challenges faced by eCommerce brands and retailers, encompassing issues such as chargebacks, declined payment methods, fraud, complex taxes, fees, and oversight costs. Through Radial Payment Solutions, eCommerce brands and retailers can address these obstacles and provide an unparalleled experience for their valued customers.
“Radial is an excellent partner in their payment, tax and fraud offerings. Using their solutions, we have substantially grown revenue. Also, we have avoided a large amount of cost through their best-in-class fraud protection,” said Bill Quinn, Senior Vice President Marketing and Digital of Hibbett.
Radial Payment Solutions offers a comprehensive range of features and benefits designed to meet the diverse needs of eCommerce brands and retailers. By accepting payments across the eCommerce ecosystem, reducing operating costs, increasing conversions, and providing preferred payment options, Radial enables brands and retailers to enhance their customer experience while accurately collecting taxes and preventing fraud.
With a track record of processing over $4.9 billion in payments and boasting a 98.9% fraud approval rate, Radial’s optimized payments system instills confidence in eCommerce brands and retailers. The industry-leading Radial Fraud Zero service, a fully outsourced fraud management solution, collaborates with existing payment providers to seamlessly eliminate fraud risks. Brands and retailers can stay one step ahead of fraudsters and protect their operations and customers with Radial Fraud Insights, which provides risk-level ratings for every order. Additionally, Radial serves as a trusted partner for enhanced tax compliance, simplifying regulatory requirements through tailored rules, worldwide tax rate management, and customized tax reports.
“Our Radial Payment Solutions are designed to empower eCommerce brands and retailers to capture the full value of consumer transactions with seamless, secure, and efficient payment processing, fraud prevention and tax compliance solutions,” said Yvan Gilliard, Senior Vice President of Payment Solutions & Omnichannel at Radial.
“From an end-consumer perspective, payments are a critical and integral step in the online experience with the brand. Working with the biggest consumer brands in North America and globally, we understand the critical role payments and fraud prevention play in eCommerce brands and retailers’ success and we're committed to helping our clients unlock opportunities, optimize operations and deliver an exceptional customer experience.”
Whether it is turning payments into a strategic advantage, achieving tax compliance, or safeguarding against fraud, Radial Payment Solutions are poised to empower eCommerce retailers to thrive in the digital marketplace. To learn more about Radial Payment Solutions, please visit our website: here.
Radial, Inc., a bpost group company, is the leader in eCommerce solutions. Premier brands around the world confidently partner with Radial to deliver their brand promises, anticipate and respond to industry disruption, and compete in a rapidly evolving market. Our expansive network of fulfillment centers, flexible transportation services and advanced omnichannel technologies, help clients meet increasing consumer expectations and maintain market competitiveness. With our personal customer care services and intelligent payment and fraud solutions, brands confidently deliver high-value customer experiences required today.
Businesswire | June 01, 2023
Onbe,a leading business to consumer disbursements financial technology company, today announces the addition of PayPal and Venmo* functionalities to its product offerings. With PayPal and Venmo, Onbe’s clients now have more options to provide fast, seamless and secure digital choices to their recipients within Onbe’s existing product suite.
Onbe’s 2023 Future of Payments report shows overwhelming preferences for digital payments, with 73% of respondents choosing digital payments and 60% of respondents choosing PayPal as their preferred digital wallet. PayPal and Venmo join nine other payment options including Apple Pay, Samsung Pay, physical cards, domestic and international ACH transfers, among others – all within Onbe’s single, unified payouts gateway.
Clients can work with Onbe to offer PayPal and Venmo to their recipients quickly and begin delivering payments to nearly 400 million active consumer accounts globally, with funds available for use within minutes. The addition of the two popular digital wallets also offers industries that have historically used checks, such as medical patient refunds and ReCommerce, the ability to continue to modernize their payment stack and meet recipient expectations. For example, 74% of patient refunds are still paid by check, even though most consumers prefer digital payments, according to research from Aite-Novarica Group. With this new integration, PayPal is extending its ubiquity in the market.
“We’re proud to incorporate PayPal and Venmo into Onbe’s unified payouts gateway, providing a single point of integration to access new modalities for our clients' software platforms, further expanding on our promise to deliver convenience, speed and security,” said Bala Janakiraman, Onbe CEO. “Onbe's ability to deliver funds via a seamless experience for payees on behalf of our clients is fundamental to the modern, streamlined client and recipient experience.”
With growing demand and expectations for digital payments, Onbe’s collaboration with PayPal and Venmo further enhances business’ ability to meet the needs of recipients through a single payouts gateway, empowering payee choice, delivering modern payments and reaching new audiences with fast, secure and seamless payments.
With more than 25 years of industry experience and offices in Chicago, Philadelphia and London, Onbe is a fintech that manages and modernizes customer and workforce disbursements for corporate clients ranging from mid-market to the Fortune 500. Onbe’s team of experts and technology platform offers clients a turnkey solution to offload their entire B2C payment operations, relieving them of the cost, complexity and risk that come with orchestrating these payments in-house. Backed by top-tier investors, Onbe delivers on today’s consumer expectations for instant, digital and seamless payments.