Kindred Group Signs U.S. Partnering Agreement with Mazooma

"We're proud to be selected as the ACH technology partner for Kindred Group's U.S. launch and ongoing operations," said Jamie MacKay, CEO, Mazooma. "With eCheck Select to power positive user experiences, Mazooma continues to reimagine online payments with a focus on technological innovation."

Manuel Stan, SVP USA, Kindred Group said, "Our deal with Mazooma underlines our commitment to giving our customers excellent igaming experiences.  Its best-in-breed technology for verified bank payments made Mazooma our partner of choice."

Leading the way for online sports betting payments is eCheck Select's real-time ability to verify bank-level data–specifically consumer identification and account information. At the time of transaction, eCheck Select can confirm a consumer's account balance and process the payment or terminate it when there are insufficient funds. 

Payment interruptions hurt the entire experience of online betting, and with the limited acceptance of credit cards in the space, Kindred and other operators need payment solutions that deliver extensive consumer and bank acceptance. eCheck Select supports real-time verification and payments from every bank and financial institution in the U.S.

Real-time verification provides operators with rich consumer data, reducing fraud and customer service issues that might result days later from the traditional ACH channel, and will enable Kindred to confirm payment in real time. As a payment provider for Kindred, Mazooma's eCheck Select optimizes the online sports betting experience from start to finish. 

A Supreme Court decision on May 14, 2018 cleared the way for states to legalize sports betting, driving the momentum for this new segment of online igaming to emerge and Mazooma's eCheck Select is a first mover.