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Aspire Global partners with TrueLayer to deliver player payment innovation
Wednesday, 12 October 2022
With TrueLayer, Aspire Global can provide instant deposits and instant withdrawals in any app or website, delivering the most comprehensive payments experience.
Payments with TrueLayer are lower cost and lower fraud than traditional payment options including cards, manual bank transfer and digital wallets.
12 October, 2022, London (UK). TrueLayer, Europe’s leading open banking platform, today announced its collaboration with Aspire Global, a B2B provider of iGaming solutions. Aspire Global has now implemented TrueLayer Payments, initially focused on its 50 UK brands. The partnership will also extend to cover Aspire Global’s key European markets over time.
For more than 15 years, Aspire Global has been delivering comprehensive and robust solutions for iGaming operators. With a reputation for embracing innovation and technological excellence, and recognising the opportunity to further enhance the players experience, it wanted to evolve its offering to include instant payments powered by open banking. Beyond secure, instant deposits, Aspire was also determined to offer its customers faster withdrawals.
TrueLayer is addressing these points delivering a more cost-effective, frictionless and secure Payments platform for Aspire, built on open banking and the fastest available bank payment rails. With payments powered by TrueLayer players can top up their accounts in seconds, removing the need to manually enter card details or share their bank credentials.
Verified account details are associated with each player, enabling Aspire to provide instant withdrawals back into the same account used for the deposit with a simple API call. As a result, Aspire Global will spend less time managing failed payment queries that can lead to player churn.
Unlike other providers, TrueLayer’s integration is white labelled using the operator brand and the player’s chosen bank, rather than a third party brand, increasing player trust in the method as the operator owns the end-to-end payment process.
“Open banking is creating an opportunity for the industry to embrace innovation and we have recognised the role it can play in increasing brand trust and player retention. The partnership with TrueLayer is another step in Aspire Global’s strategy to deliver the best payment experiences to our players” commented Gil Tal, Head of Ecommerce & Payments at Aspire Global.
Roberto Villani, Head of iGaming at TrueLayer, added: “iGaming operators are looking to reduce friction and high fees, as well as failure rates and chargebacks. TrueLayer offers a more efficient and cost-effective option through account to account payments delivered by open banking. We have gone further to offer operators instant account funding and instant payouts for players. We’re delighted to be working with the Aspire Global team to create a better player experience for its customers.”