Online gaming software supplier Tain AB has partnered with payment processor SafeCharge to launch a network of alternative payment methods for its white label licensees.
Having recently launched its solutions in a number of new international markets, Tain will look to give licensees a wide range of local and alternative payment methods in a bid to significantly expand its reach, optimise conversion rates and boost revenue.
The supplier said that it selected SafeCharge based on its expertise in fraud prevention, payment processing and rapid integration.
SafeCharge has designed a tailored fraud screening profile for Tain, as part of its risk management strategy. These controls are processed in real-time to allow Tain’s risk team to instantly handle transactions that are flagged for manual review or rejected, allowing the supplier to reduce chargeback rates and eliminate fraud attacks.
“Our partnership with Tain to improve the player’s deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel,” SafeCharge chief executive David Avgi said. “Tain is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies.”
Tain chief executive Christer Fahlstedt added: “SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market.
“This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players.”
Tain was acquired by Betting Promotion in 2013, with the deal helping the parent company return to profit after several quarters of declining revenue.