iGaming solutions provider, EveryMatrix has unveiled its 5th product, a Malta Financial Services Authority (MFSA) licensed and Payment Card Industry (PCI) certified payment and risk management platform, aptly known as MoneyMatrix.
What is MoneyMatrix?
The product is an all-in-one tool for processing payments, fraud monitoring and carrying out Know Your Customer (KYC) verification procedures. It joins the provider’s OddsMatrix sports betting solution, CasinoEngine platform, GamMatrix gaming management platform and its affiliate system, PartnerMatrix. Risk analysis and management are conveniently combined with payment processing in a single reliable system. PCI compliance means the company’s product is certified to securely capture and store card data eliminating the need for separate payment processors and risk modules. From the player perspective, the fewer 3rd parties involved, the better.
Over 40 payment vendors have been integrated into the system bringing more than 100 payment methods to the table including major credit card brands, which may be used across regions such as Asia and Europe.
A Word from the CEO’s
EveryMatrix CEO, Ebbe Groes, said, "Our brand-new payment processing company encompasses new technologies and security protocols to keep customer financial details safe, and we are proud to offer this product to our clients. MoneyMatrix is probably one of our company's biggest investments, a bet we expect to win.
"MoneyMatrix is a holistic solution built upon a combination of our own experience and that of the highly competent people we brought on board for this project. MoneyMatrix makes payments possible for everyone, from players and operators to banking and financial institutions.”
MoneyMatrix CEO, Sandra Barton, added, "Our objective was simple. We wanted to make payments simple and accessible, irrespective of merchant size or experience, and to remove the burden of having to support multiple integrations, multiple contracts, operational overhead and all the complexities that go with payment processing. We are and continue to work with innovators within the Fintech industry in order to provide our clients best of breed technologies that allow them to do business internationally. Coming from the industry ourselves, we understand the challenges operators face, and we believe we have created something that will help them take their business to the next level."
Source:
‘EveryMatrix introduces MoneyMatrix, our new MFSA Licensed PCI Certified payment and risk management platform for iGaming’, everymatrix.com, March 2, 2017