Italian iGaming Firm Lottomatica Revamps with Nuvei for Digital Payments

Italian iGaming operator Lottomatica is re-platforming its digital services and partnering with payments technology firm Nuvei to deliver faster payouts to users.

Using Nuvei’s integrated cashier technology and local acquiring solutions, Lottomatica is now offering its players a new payment experience that includes expanded deposits and withdrawals, according to a press release on Thursday (Oct. 13).

See also: Nuvei Launches Payments Interface for Merchants, Platforms of All Sizes

Nuvei uses smart transaction routing to help lower costs and increase card acceptance rates. The solution also offers to complete transactions to Lottomatica players using the most popular alternative payment methods, all integrated through a single platform.

Alessandro Fiumara, Lottomatica Managing Director Betting and Digital Italy, said the company’s players are seeking a payments experience like offered by Nuvei.

“Payments are fundamental to delivering a superior product in iGaming, which is why they are key to winning and retaining players and maximizing revenue,” Fiumara said.

Headquartered in Montreal and founded in 2003, Nuvei is a global payments technology company providing card issuing, banking, risk and fraud management services, offering acceptance in more than 570 alternative payment methods.

Read more: Payments Platform Nuvei Debuts Real-Time Deposits for Online Sports Betting, Gaming

“Lottomatica is one of the premier iGaming brands in the regulated Italian gaming market. We’re pleased to be offering a complete payments solution to support the growth of another leading European iGaming operator,” said Nuvei Chair and CEO Philip Fayer.

Related: Nuvei Launches Payments Interface for Merchants, Platforms of All Sizes

“We continue to demonstrate why Nuvei is the leading payments provider for the iGaming industry in Italy, Europe, and the globe. Our fully customizable technology, dedication to superior customer service, and deep knowledge of regulated markets set us apart from the rest of the industry,” Fayer added.