Processors Double Down on U.S. Sports Betting as Market Takes Shape

As a growing number of U.S. states move to legalize sports betting after the Supreme Court's landmark PASPA ruling, payment processors are not waiting any longer to get into the game.

Last week, industry leaders Worldpay and Paysafe Group formalized a partnership to capitalize on the U.S. digital sports-betting market, with an eye on expanding electronic payments acceptance and security. 

As an expansion of the companies’ existing relationship, the pact will combine Worldpay's card processing platform with Paysafe's digital payment options, including the Neteller digital wallet and paysafecard digital prepaid product, to enable online and mobile sports betting in markets where the practice has been legalized.

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