27 July 2016
Find out more

Secure Trading launches transaction platform for US gambling operators

17 July 2014  |  1002 views  |  0 Source: Secure Trading

Global leader in online payments, Secure Trading, has launched ST-1, the first end-to-end compliant transaction platform for US online gambling operators.

ST-1 manages every step of the transaction process, from player registration and player deposits, through to withdrawals. It helps operators meet the demands of such a challenging industry by carrying out thorough identification, location and responsible gambling checks. It enables operators to securely process deposits, manage the back office and deal with withdrawals through one fully integrated compliant platform.

The end-to-end solution integrates into an operator's existing platform and the transparent audit trail helps satisfy all stakeholders, from state legislators to banks - which has previously been notoriously difficult due to the fragmented state of the US market.

Kobus Paulsen, CEO at Secure Trading Group said: "This is the culmination of years of hard work. We've managed to create the ideal platform for gambling operators, allowing them to seamlessly operate in the new US gambling landscape.

"As it's a single integration, operators can verify and process transactions in complete confidence. It provides access to a sophisticated value chain without the complexity of having to manage and integrate with multiple suppliers.

"We've brought together industry leading partners to develop one coherent solution, allowing us to deliver best-of-breed technology to make licensed operators compliant."

For US online gambling operators, adhering to both state and federal laws is incredibly difficult, due to the patchwork nature of online gambling legalisation. ST-1 ensures this is no longer an issue, enabling operators to achieve legislative compliance as well as providing a number of value-add features.

The full audit trail, real time player checking and verification and sophisticated anti-fraud measures allow online gambling firms to concentrate on delivering an outstanding experience to their users, rather than navigating the legislative minefield.

Mr Paulsen continued: "The US online gaming sector is potentially lucrative, but many operators have been put off due to the difficulties surrounding compliance. We believe our solution can cause a step-change and enable operators to easily set up and succeed in what will soon be a burgeoning market." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comFind out moreVisit capgemini.com

Top topics

Most viewed Most shared
satelliteContactless Bitcoin startup Plutus Tap &am...
9442 views comments | 9 tweets | 4 linkedin
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
9321 views 14 comments | 32 tweets | 38 linkedin
Apps crush internet for UK banking loginsApps crush internet for UK banking logins
8092 views comments | 19 tweets | 25 linkedin
Telefonica Germany launches Fidor-backed mobile banking serviceTelefonica Germany launches Fidor-backed m...
6022 views comments | 14 tweets | 19 linkedin
hands typing furiouslyHow machine learning can cut costs on tran...
6011 views 0 | 9 tweets | 3 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job