Optimal Payments extends partnership with 888 for US gaming operators

World-leading payment service provider, Optimal Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term has announced it will be extending its existing partnership with 888 Holdings, a leading provider of online gaming services to offer payment solutions to US operators.

The partnership will pre-integrate Optimal Payments’ solutions and offer them to all licensed operators who use 888’s platform, as well as offering its solutions to the 888.com brand.

"We have worked in partnership with Optimal Payments for more than 12-years, delivering deep and robust joint solutions for our own brand and our platform operators around the world. We are very pleased to extend this partnership for the licensed U.S. online gaming market," Itai Frieberger, COO of 888, added on the partnership’s new offering.

Optimal Payments will be offering its payment gateway and Digital Wallet Digital Wallet A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi Read this Term as they have been designed to meet the strict regulations imposed by the legal sates of Delaware, Nevada and New Jersey. Optimal Payments has been approved by the New Jersey Department of Gambling Enforcement to provide its services to Atlantic City operators. 888 currently has agreements to provide its services to operators located in all 3 legal states.

"888 are a long-time, strategic partner for Optimal Payments. We are very excited to extend our relationship with 888 as we deliver on our own strategy to provide a complete solution for the licensed U.S. online gaming market," President and CEO of Optimal Payments, Joel Leonoff added on the US venture.

Online gambling in the United States, most notably in the state of New Jersey, has become well accepted with over 32,000 registered users placing online bets in Atlantic City’s casinos only a week after becoming legal.