PlayLive! among first operators to use PayNearMe's new payment management platform

PayNearMe announced on Monday MoneyLine, the company’s new platform designed to manage all the aspects of iGaming money movement. PlayLive!, the online casino affiliated with Live! Casinos & Hotels in Philadelphia and Pittsburgh, is among the first to use MoneyLine to simplify deposit and payout experiences for its online players in Pennsylvania.

The MoneyLine platform leverages PayNearMe’s technology, innovation, and expertise in the gaming industry. It streamlines deposit flows, accelerates payouts, and delivers insights that enable operators to optimize workflows for improved customer acquisition, conversion, and retention.

Joe Billhimer, Executive VP of Cordish Gaming Group, said: “Managing deposits and payouts is a complex process, and it requires technology designed specifically for our industry, so we’re pleased to partner with a fintech company that specializes in both payments and iGaming. We were looking for an all-in-one solution and found that PayNearMe’s MoneyLine gives us the flexibility and agility we need, along with the widest range of payment types, all on a single platform.”

Michael Kaplan, Chief Revenue Officer and General Manager of PayNearMe, commented: “Deposits and payouts are the most crucial touchpoints operators have with their players. When there is friction at these touchpoints, players drop off and operators lose revenue. MoneyLine removes the friction, enabling operators to give players what they want — easy, fast deposit and payout experiences.”

MoneyLine delivers an iGaming payment experience to increase player satisfaction, reduce costs and increase revenue by offering:

• Cashiering: It consolidates multiple deposit types and supports data-driven player workflows, including rescue flows, to increase conversion and player satisfaction while reducing operating costs.
• Frictionless Deposits: It provides players with a wide range of deposit choices, including cards, cash, ACH, and mobile deposit options, enabling operators to give players the ability to make one-tap deposits from text, email, or push notifications utilizing PayNearMe’s Smart Link technology. The new solution offers native integration options that allow for the operator’s desired level of control, configuration, and personalization.
• Faster Payouts: MoneyLine gives players near real-time access to funds across the payment types and channels they want most. Its push-to-debit technology allows players to receive payout funds on their debit card within minutes.
• Cash at Cage: MoneyLine allows players to deposit and withdraw cash from their online accounts while onsite at brick-and-mortar facilities.

PayNearMe is approved to operate iGaming transactions in 15 states. Most recently, Michigan, Arizona, Mississippi, and Wyoming have approved PayNearMe to process iGaming payments.