UK-based Optimal Payments has inked a five-year agreement to provide its NETBANX payment service for the online gaming service PlayOLG from Ontario Lottery and Gaming (OLG).
According to Optimal Payments, PlayOLG will offer regulated online interactive lottery, casino and video poker games to residents of Ontario.
Go deeper with GlobalData
Under the deal, the NETBANX service will be embedded in the PlayOLG website to provide payment options, as well as deliver real-time fraud and risk prevention and mitigation services.
OLG senior vice president of Charitable and iGaming George Sweny, said: "PlayOLG will be the only regulated internet gaming option in Ontario. PlayOLG will return profits to the government of Ontario to help fund provincial priorities.
Optimal Payments’ suite of services for online operators includes: regulatory-compliant account funding and disbursements; risk and fraud management; and comprehensive data management and reporting.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
