The payment expert’s continued expansion into the US gaming market will be supported by major sportsbook and casino operator.
New York, NY, 11 November 2020 - PXP Financial Inc., the US subsidiary of PXP Financial Ltd., the expert in global acquiring, payment, fraud and data analysis services, has today announced its partnership with US online gaming operator Penn Interactive, a subsidiary of Penn National Gaming, Inc. (“Penn National”).
Penn Interactive is the latest innovative operator to join PXP Financial Inc’s growing US portfolio. With this partnership, PXP Financial Inc. has deployed a full-service gateway, offering multiple connections to several payment service providers, and a fully managed service to include reconciliations and risk monitoring for Penn Interactive.
Having entered the US region in 2013, PXP Financial Inc. now has gaming licenses in more than nine US states and its solution is approved in several more. The company’s knowledge of the region and its experience with multiple payment solutions, all under one service, will enable Penn Interactive to best support its merchants across the country. In return, PXP Financial Inc. will continue its brand expansion in the US gaming market.
Jake Francis, Director of Operations at Penn Interactive, commented: “Our Player Account Management partner, White Hat Gaming, introduced us to PXP Financial. We were impressed with the team’s proactivity and how knowledgeable they were about the markets to which we are interested in entering. It was easy to unify our roadmap with PXP Financial Inc’s, so the partnership felt natural.”
Kamran Hedjri, CEO at PXP Financial Inc., says: “Penn Interactive is an innovative US brand and it is a great honour to become a service provider for them. They will be instrumental for us to push our brand recognition in the United States, and the experience we gain from working closely with them will help us to improve our services worldwide.
The partnership has already gone live in Penn Interactive’s home state of Pennsylvania and is on its way to continue expanding both companies’ offerings, within Pennsylvania and additional states in the future.
To find out more about the PXP Financial family of companies please visit: pxpfinancial.com.
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About PXP Financial Inc.
The end-to-end payment platform: PXP Financial Inc. provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse global acquiring, 200+ alternative payment methods & financial services, PXP Financial family of companies processes globally over EUR 21.5 billion annually through our unified gateway. Whatever your business needs today or tomorrow, PXP Financials’ innovative payment platform will support your business growth with all the payment services you will ever need from one source, wherever your business takes you. To find out more about PXP Financial family of companies , visit: www.pxpfinancial.com.
About Penn Interactive
With the nation's largest and most diversified regional gaming footprint, including 41 properties across 19 states, Penn National continues to evolve into a highly innovative omni-channel provider of retail and online gaming, live racing and sports betting entertainment. The Company's properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms, and operate under various well-known brands, including Hollywood, Ameristar, and L'Auberge. Our wholly-owned interactive division, Penn Interactive, operates retail sports betting across the Company's portfolio, as well online social casino, bingo, and iCasino products. In February 2020, Penn National entered into a strategic partnership with Barstool Sports, whereby Barstool is exclusively promoting the Company's land-based and online casinos and sports betting products, including the Barstool Sportsbook mobile app, to its national audience. The Company's omni-channel approach is bolstered by the myChoice loyalty program, which rewards and recognizes its over 20 million members for their loyalty to both retail and online gaming and sports betting products with the most dynamic set of offers, experiences, and service levels in the industry.