Optimal Payments Plc, a leading global online payment solutions provider, today announced that it has partnered with Pala Interactive, LLC, an emerging leader in the online, real-money gaming space, to provide them with payment processing services for the U.S. regulated online gaming market.
Earlier this month, Pala Interactive successfully obtained authorization, via its partnership with Borgata Hotel Casino & Spa, from the New Jersey's Division of Gaming Enforcement to provide real-money online gaming in the state.
Optimal Payments' complete suite of payment processing services for regulated online gaming in the U.S. including, its NETBANX payment gateway and NETELLER and Net+ stored value services, are now available through Pala Interactive's online gaming platform. Pala Interactive's customers will have access to credit/debit cards, electronic checks (ACH), NETELLER/Net+ and various alternative payment options.
"We selected Optimal Payments as our payment processing partner because the company has created and delivers the best integrated gaming and payments solution to global markets," said Jim Ryan, chief executive officer, Pala Interactive. "A key element of our strategy is to partner with best-in-breed providers, such as Optimal Payments, that bring expertise in payment processing and risk management services. Together, we will address the needs of the regulated U.S. gaming market, state-by-state."
"This partnership supports our ongoing strategy to build a complete solution for the regulated U.S. gaming market that will enable operators to bridge land-based casino infrastructure with the online world," added Joel Leonoff, president & CEO, Optimal Payments. "The Pala Group is a widely respected leader in land-based gaming in California, and through its Pala Interactive joint venture, it expects to provide the best possible online gaming experience to its casino partners. We are pleased to be working with Pala and its customers, and this agreement demonstrates our ability to provide real value to both technology providers and gaming operators alike."