Sportwetten.de and Aircash - Payment Solution for cash deposit first approved by GGL
State-of-the-Art Cash Deposit Solution
Sportwetten.de, a growing Gaming provider in the German market implemented the innovative payment solution supplied by payment partner Aircash, which received approval from GGL (Gemeinsame Glücksspielbehörde der Länder), the new regulatory authority responsible for licensing and regulating the gaming market in Germany.
Sportwetten.de is actively working to increase the number of locations where the Aircash payment solution is available, providing users with a new safe, and secure payment method.
Aircash is a regulated and licensed EU e-money institution and Payments partner, providing services like Instant cash deposits, and withdrawals and an innovative promotions platform to attract, retain, reactivate, and engage players on Gaming platforms, and also providing multiple benefits to them, including services like money transfers, transport services payments (vignettes, parking, bus tickets, etc.) and Telecom prepaid voucher purchase.
The Partner With Intelligent Technological Solutions and an Innovative Process
As the first payment provider in Germany to receive GGL approval, Aircash enabled advanced solutions to Sportwetten.de for depositing cash at points of sale, making it the ideal choice for sportwetten.de’s existing player base and opening new opportunities for further player acquisition by providing them with a safe and innovative payment method.
This innovative payment method is known as “Depositing cash in store to play online”, and guarantees a swift and secure transaction without the risk of fraud or theft. Aircash’s high-quality procedures include identity checks for all players to verify that every transaction toward player accounts is legitimate and genuine.
What sets Aircash apart from the competition is its state-of-the-art KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. These include an in-house AI system that uses a machine learning model and a liveness detection system to detect any fraudulent transactions, ensuring that every transaction is monitored for any suspicious activity. With Aircash, both sportwetten.de and players can be confident that their transactions are secure, reliable, and meet the highest safety standards.
˝An important recognition for Aircash and validation of our work˝
This approach is a key factor in creating a safe and reliable environment and a prerequisite for long-term market success.
“Partnership with sportwetten.de and the subsequent approval of Aircash by GGL represents an important recognition for Aircash and validation of our work and expertise in providing superior service in the payment industry. This will allow us to intensify our efforts aimed at supporting gaming platforms and to continue being a reliable partner.” Mentioned Hrvoje Ćosić, CEO of Aircash.
Sportwetten.de CEO, Sebastian Funke also said: “With Aircash’s state-of-the-art technology and commitment to safety and security, we are confident that our players will enjoy a seamless and convenient gaming experience on sportwetten.de. as we continue to expand our services to more locations.”
Both statements emphasize the significance made by the approval and a new partnership – the continuous contribution to reducing the influence of the black market in the gaming industry and innovative payment products in cooperation with gaming providers that attract new players, retain existing ones, and give everyone an innovative solution with multiple usage opportunities.