SecurityPay, the largest payment network in Latin America, has partnered with Betcris, the largest sports betting and iGaming company in the region.

The two companies announced the partnership on Thursday, September 30, claiming that SafetyPay’s alternative payment methods will allow players to make online deposits and cash payments using banks or cash pick-up points.

“More regions legalizing sports betting, combined with the COVID-19 pandemic forcing casinos to close and many people to stay at home, have triggered a surge in online gaming and betting in all its forms,” ​​said the companies said in a statement. “The global online gaming market is predicted to be valued at over $ 92.9 billion in 2023, almost double the current market size of $ 59 billion. “

SafetyPay says it offers online casino operators a fast and convenient payment method for non-cardholders and customers who choose not to share their credit card details online for fear of fraud.

The partnership will give Betcris players the ability to pay for games or bets by wire transfer or cash instead of using a debit or credit card, without having to share any personal information or details.

“By accepting alternative payment methods powered by SafetyPay, Betcris is expanding its customer base by providing access to people around the world who do not have a credit card or have one but do not wish to use them online”, Gustavo Ruiz Moya, CEO of SafetyPay, said in the press release.

“Setting up secure payments is at the heart of SafetyPay’s concerns,” Moya said. “By using the latest technology, we are able to better protect our customers – both consumers and merchants – and provide the best experience when transacting online. “

SafetyPay operates in 18 countries and manages the largest payment network in Latin America, integrated with over 90% of the region’s banks.

Read more: Digital payment company SafetyPay teams up with Rappi from LatAm

Last year, the company announced a partnership with Rappi, an e-commerce company that provides Latin American customers with a market for a wide range of products, including meals, beverages, tech products, consumer goods, and more. supermarket and medicines.