News

First Data betting on PayLucky Solutions

July 7, 2014

Payment technology and services provider First Data has introduced PayLucky Solutions for legalized online and offline gambling and gaming. The offering provides comprehensive payment services from a single source.

PayLucky Solutions offers:

• instant funding access, removing the typically long wait for payment verification and giving financially qualified players the ability to immediately play;
• risk-free payment acceptance, helping operators to decrease payment risk and guarantee player funding with TeleCheck Warranty ACH service, which uses third-party validation and provides proprietary analysis on individual spending habits; and
• fast access to winnings, allowing players to claim their funds through several options, including an open loop or closed loop prepaid card, ACH deposit to a checking account or paper check.

Jonathon O'Connor, First Data general manager for online gambling and alternative markets said:

First Data exists to help our clients grow their businesses, and what the gaming industry needs to grow — and serve their customers better — is a dynamic one-stop-shop for the widest variety of payment options that include debit, credit, check, mobile, loyalty and prepaid processing. PayLucky takes the complexity out of managing multiple providers and creates a streamlined experience for the U.S. gambling market with built-in risk management protections for all parties.