Agreement designed to drive revenue by delivering Luckbox players frictionless deposit options
The PaymentIQ solution is designed to bring a direct benefit to Luckbox as it immediately expands deposit options for players by providing access to every common payment method, including:
- Major credit cards
- E-wallets
- Automated online bank transfers
- Mobile payments
- Invoicing
The PaymentIQ solution is also designed to increase payment exception rates and improve fraud detection as Luckbox aims to become a leading operator in the estimated
Luckbox Head of Payments
"This integration with PaymentIQ is another important step in the improvement of our platform as we strive to exceed the expectations of players ahead of scaling up our marketing spend."
Per Sundell, Senior Business Development Manager at Bambora, said: "We are delighted and proud to have the opportunity to assist Luckbox with their payments through our platform, PaymentIQ, and we look very much forward to streamlining Luckbox's payment flows and growing together."
About Luckbox
The Company is an award-winning betting company that offers legal, real-money betting, live streams, and statistics on all major esports and sports on desktop and mobile devices. The Company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the Company can offer an extensive range of betting options for esports tournaments. The Company's in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the Company to deliver deep esports betting coverage. The Company has been built by a team combining experience in the igaming industry and a passion for esports to offer players a unique, broad, engaging, and legal CS:GO betting, Dota 2 and
About Bambora/PaymentIQ
Bambora helps businesses grow with products designed to simplify the payment experience. With Bambora online companies now have a payment partner that they can rely on. The PaymentIQ platform is one out of several Bambora platforms and it's tailor made for the online gambling industry and as of today +200 online gambling companies are using the PaymentIQ platform across approximately 1.200 brands. Founded in 2015, Bambora is a collection of companies with decades of experience in the payment industry. Now a global presence with over 700 employees in 65 markets, Bambora processes
Since
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CAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTS
The
This news release may contain certain "forward-looking statements" and "forward-looking information" within the meaning of applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and other similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
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