SECURE TRADING AND CATALYST GAMING CORPORATION ANNOUNCE STRATEGIC PARTNERSHIP
Catalyst Gaming Corporation "Catalyst" has chosen to leverage Secure Trading's ST-1 transaction platform, as part of a strategic partnership to optimise acceptance rates in North America and other regulated markets.
Catalyst actively manages a group of gaming companies and has an impressive portfolio of investments in a range of gaming technologies and infrastructures.
Secure Trading's end-to-end compliant payment solution, manages each step of the transaction process, from customer identification, registration and deposits to withdrawal and back office management. It also offers a variety of different payment options and a network of acquiring banks to choose from.
The integrated payment platform, which is licensed in Nevada and New Jersey, is now available to Catalyst's group companies. Major benefits of ST-1, for both Catalyst and its gaming partners, include improved access to the North American market and the ability to fully verify new players, helping them dramatically increase deposit acceptance rates.
Graham Martin, CEO at Catalyst Gaming Corporation said: "Secure Trading's platform is simple to use and offers a fully scalable solution. It not only helps us verify and process transactions, but it also satisfies different state legislation, giving us peace of mind that we are fully compliant despite the fragmented nature of US gaming market."
Kobus Paulsen, CEO at Secure Trading said: "Despite the US gaming market's complexities, it is our aim to facilitate day-to-day operations and increase transaction rates for companies in the sector. We're confident that the ST-1 platform will help Catalyst to achieve its ambitious expansion plans in North America and other regulated markets. We are looking forward to working with them closely and supporting them along the way."