SaharaBets has chosen MoneyLine from PayNearMe as its new deposit and withdrawal method.
PayNearMe’s integrated solution, which will be available in Arizona, will provide players with updated deposit and withdrawal options.
“SaharaBets strives to deliver a superior player experience,” said Andrew Patterson, President of SaharaBets. We provide our players with convenient and quick deposit options and are working to reduce long withdrawal wait times.
“With MoneyLine, our players can instantly access their funds, significantly improving their player experience.”
According to PayNearMe, its MoneyLine solution will improve customer satisfaction rates for withdrawals and deposits. According to PayNearMe’s iGaming study, 29% of US players thought deposit times were too long, while 39% thought withdrawal times were too slow. More information about PayNearMe’s study, Understanding the iGaming Payment Experience, can be found here.
“We’ve learned from consumers that payments impact the player experience, and players want faster payouts,” PayNearMe VP and General Manager Leighton Webb said.
“With PayNearMe, operators can meet players’ expectations by increasing payout speed, so funds are available in minutes rather than days.”
SaharaBets will be able to process cards, ACH (Automated Clearing House), cash, and PayPal through MoneyLine, while also offering payout options such as push payments and debit card withdrawals.
In the future, SaharaBets intends to integrate additional payment methods, such as Apple Pay, Google Pay, and Venmo.
PayNearMe operates and processes payments in 19 US states for licensed online sports betting and iGaming operators. As more states legalize online sports betting and iGaming, the payment provider intends to expand its services.