Sightline Payments announced Thursday it selected J.P. Morgan Payments as the primary merchant acquirer and payments processor for Sightline's Play+ ecosystem, which enables consumers to spend their funds with more than 80 partners in over 40 states across the sports betting, lottery, racing, and online and brick-and-mortar casino markets.
Sightline plans to work with J.P. Morgan Payments as it develops products and services that solve payments challenges for casino operators and consumers. Routing Play+ transactions through J.P. Morgan Payments will benefit both merchants and Play+ accountholders, providing consumers with faster cash outs.
NEW: @jpmorgan Payments will serve as the primary payments processor for Sightline’s Play+ ecosystem, enabling consumers to wager with more than 80 partners in over 40 states across the online and brick-and-mortar gaming industry. https://t.co/yucZDM2Rzs pic.twitter.com/dm786eRxrd— Sightline Payments (@Sightline777) March 24, 2022
In an official press release, Omer Sattar, Sightline Co-CEO, spoke about this decision and said: "We are thrilled to select J.P. Morgan Payments to help us enhance the regulated North American gaming industry's payments experience. We're at a critical point in the gaming industry's payments ecosystem. J.P. Morgan Payments will help us solve some of the biggest payments challenges our industry faces and provide real solutions to the millions of consumers who enjoy the modern, omnichannel gaming experience."
Drew Soinski, Managing Director and Senior Payments Executive, J.P. Morgan Payments, added: "At J.P. Morgan Payments, we've seen tremendous growth of digital payments in the gaming industry and we're excited that Sightline has selected our best in class products and services for Play+ payments processing".
Sightline's Play+ solution has enabled consumers to interact with gaming operators since 2012. Play+ has more than 1.5 million accountholders nationally, providing them with a wide variety of funding options and a fast access to their funds. In 2021, Sightline's Play+ transformed the cash-based gaming industry by launching cashless gaming offerings at casinos in Nevada, Indiana, Ohio, and Pennsylvania. Visitors to these casinos can use their Play+ accounts to fund their activities on and off the casino floor without ever having to get cash.