Esports Entertainment Adds Payment Processing

eSports betting firm Esports Entertainment Group has announced that they've signed a payment deal with EveryMatrix subsidiary MoneyMatrix, and will integrate the payment processing service into their platform as a result.

The agreement will see Esports Entertainment working to implement the NexGen Payment Processing Platform into their eSportsbetting service. The NexGen service has 150 different payment options that are custom tailored to specific countries that customers are based in. The gaming betting platform allows players to place wagers on various eSports events. The vertical is gaining in popularity, as younger bettors are flocking to video game wagers in lieu of standard sports events.

Commenting on the agreement Esports Entertainment CEO Grant Johnson said, "Esports customers transact in many currencies and forms from major credit card processors to e-wallets and local payment solutions, so providing them with flexibility and security is paramount to their satisfaction."

"In addition, MoneyMatrix provides anti-money laundering tools, transactional and risk management data that is consistent with our philosophy of providing the safest, most secure, transparent and regulated esports wagering platform in the world."

MoneyMatrix CEO Sandra Barton added: "MoneyMatrix is the next generation of processing platform - we are not a solution, we are the solution. We have created an all-encompassing platform that allows clients such as VIE.gg to run their business as they best see fit."

"We are very excited to have VIE.gg as our first esports merchant and look forward to helping it become a global success."