As online casino gambling continues to grow, the race for e-commerce and online banking transfers becomes the new competition for businesses. Many banking companies are having to jump on board with online transfers for gambling purposes just stand up of the competitors.
Neteller is one parent company that is in direct competition with such companies as PayPal to acquire more businesses in the online casino industry. Its subsidiary, Neovia Financial has recently signed a deal with SBOBet as the main financial institution that will process for sports betting purposes.
SBOBet is one of the top online sports books operating out of Europe and Asia. This company features 500 events weekly encompassing all the major soccer leagues. This contract was an easy decision for SBOBet in that the Neovia Payment Suite allows online players to use direct payments through one supplier throughout the world. These secure transactions were a top seller to provide online players
According to William Mummery, Executive Director for SBOBet, “We’re working with Neovia as its solutions strengthen the offering to our customers while providing us with security and a business edge.”
“We see tremendous scope for developing our business-to-consumer offering from our Isle Of Man presence to a global audience.”
As a sponsor for professional soccer team West ham United, SBOBet is in the process of launching five live dealer casinos that will all incorporate the Neovia Payment Suite. The live dealer casinos will be featured at Casino.SBOBet.com and will make use of the Neovia Payment Suite, the Neteller e-wallet and the NetBanx payment for processing the transactions in Europe and Asia.
“SBOBet is a great example of a global business that’s using our Neteller e-wallet combined with the unique Unified PayPage checkout technology of our NetBanx gateway,” said Dan Starr, Executive Vice-President for Neovia.
“This allows SBOBet to provide a secure and easy-to-use experience for its customers in Asia and Europe.”
