Bet Entertainment Technologies Selects SafeCharge Payment Services For Regulated Sports Betting in Portugal

LONDON, February 2, 2017

Tailor-made deposit and withdrawal solution designed to fit unique requirements of newly regulated Portuguese sports betting market  

SafeCharge (LSE: SCH), a leader in advanced payment technologies, has been selected by Bet Entertainment Technologies to provide a range of advanced online payment services for its Portuguese market-leader operation (bet.pt). Powered by software provider SBTech and regulated by the SRIJ, Bet Entertainment Technologies provides online sports and casino betting for the Portuguese market. The deposit and withdrawal journey for Portuguese players is enriched with access to localisation capabilities such as language, currency and local payment methods.

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SafeCharge's Personalised Cashier, a customised deposit and withdrawal solution, is directly integrated into SBTech's Sportbook and iGaming platform. The Personalised Cashier solution provides the ability to make deposits and withdrawals seamlessly with unique localisation capabilities such as diversification of global and local alternative payment methods, specifically preferred payment method Multibanco, multiple currencies and languages. Sophisticated fraud prevention technologies improve Bet Entertainment Technologies' internal risk operations across both cards and alternative payment methods.

SafeCharge's integration into SBTech's platform accelerates time to market for Bet Entertainment Technologies as well as enhancing service functionality in terms of improved player experience.

"We needed to go to market in a very short amount of time and payments presented a big challenge. Efficiency of withdrawals and deposits, whilst adhering to stringent regulations, is critical to our business, and optimising the process was a major task. Furthermore, we needed a technology partner that is integrated with SBTech's platform to speed up time to market and reduce the operational burden," said Gabino Oliveira, Chairman, Bet Entertainment Technologies. "SafeCharge's payment services not only met but exceeded expectations in terms of implementation, delivery and ongoing payments expertise."