LA VEGAS, March 24, 2022 /PRNewswire/ — Today, Sightline Payments announced that it has selected JP Morgan Payments as the lead merchant acquirer and payments processor for Sightline’s Play+ ecosystem, which allows consumers to spend their funds with more than 80 partners in more than 40 states through sports betting, lottery, racing, and online and brick-and-mortar casino markets. Sightline plans to work with JP Morgan Payments to develop products and services that solve payment challenges for casino operators and consumers.
Routing Play+ transactions through JP Morgan Payments will benefit both merchants and Play+ account holders, providing consumers with faster withdrawals.
“We are delighted to choose JP Morgan Payments to help us improve the payment experience for the regulated gaming industry in North America,” noted Omer Sattarco-CEO of Sightline. “We are at a critical point in the gaming industry’s payments ecosystem. JP Morgan Payments will help us solve some of the biggest payment challenges facing our industry and provide real solutions for the millions of consumers who value the modern, omnichannel gaming experience.”
“At JP Morgan Payments, we have seen phenomenal growth in digital payments in the gaming industry and are delighted that Sightline has selected our top products and services for Play+ payment processing,” noted Drew SoinskyManaging Director and Chief Payments Officer, JP Morgan Payments.
Sightline’s Play+ solution has been enabling consumers to interact with gaming operators since 2012. Today, Play+ has over 1.5 million account holders nationwide, giving them a wide variety of gaming options. financing and the industry’s fastest access to their funds. In 2021, Sightline’s Play+ transformed the cash-based gaming industry by launching cashless gaming offerings at casinos across Nevada, Indiana, Ohioand Pennsylvania. Visitors to these casinos can use their Play+ accounts to fund their activities inside and outside the casino without ever having to withdraw any money.
About Sightline Payments
Sightline Payments is the leading digital payments provider and mobile application developer for the US sports betting and casino gaming market. Sightline leverages cutting-edge technology to apply modern solutions to a traditionally cash-based industry that is expected to reach more than $150 billion In the coming years. Sightline’s suite of mobile solutions provides consumers with a safe, secure and responsible way to fund their online and in-person gambling activities and enables casinos to offer cashless wagering and personalized loyalty options across the property. With more than 1.5 million Play+ accounts, 3 million downloads on the mobile loyalty platform and more than 80 partners in the sports betting, lotteries, races and online and physical casino markets, Sightline is particularly well positioned to transform the landscape of traditional gaming. Learn more about SightlinePayments.com.
SOURCE Sightline Payments