Author: EuropeanGaming.eu

Leveraging Paysafe’s eCash solution Paysafecash, Rewire is set to provide financial services to cash-reliant migrant communities across 17 European countries

Rewire, a cross-border financial services platform tailored to the unique needs of migrant workers from developing countries in Asia and Africa, has partnered with leading specialised payments platform, Paysafe to enable access to financial services for cash-reliant consumers across the UK and Europe.

Rewire promotes financial inclusion by providing access to the financial services migrants need in their country of origin and in their new home such as remittance services, local payment accounts (IBAN), debit cards, cross-border family accounts, insurances, bill payments and more. The integration of Paysafe’s eCash solution, Paysafecash, enables Rewire customers to deposit cash into their online accounts, which can in turn be used to fund their financial activities. The service is now available in the UK and will soon be rolled out across another 16 European countries*.

Global migration trends indicate that the migrant population is growing at a faster pace than the general population, meaning that each year, the number of people who migrate is higher than the number of births¹. As the world population shuffles and people from developing countries manage to work hard in wealthier countries in order to gain financial security for themselves and their families, industry figures still indicate that approximately two billion people worldwide remain unbanked and cannot access traditional financial services². This is exactly where the joint vision of Rewire and Paysafe, to include migrants in the financial systems, comes in.

There are more than 200,000 Paysafecash payment locations across nearly 30 countries worldwide, and close to 90,000 payment locations in the 17 European countries where the Paysafecash deposit option will be available for Rewire customers. To deposit cash into their accounts, Rewire customers simply select Paysafecash as the top-up method online or via their mobile app and choose the exact amount to be deposited. This generates a unique barcode for the transaction, which is then scanned at the point-of-sale terminal at a nearby Paysafecash payment location. They can make the payment in cash to complete the transaction and the amount immediately gets credited to their Rewire accounts.

Guy Kashtan, Co-Founder and CEO at Rewire, commented, “Partnering with Paysafe to incorporate Paysafecash as part of Rewire’s solution makes perfect sense as our customers are generally an underbanked population that need to digitise their cash in order to manage it on Rewire’s platform. Paysafecash allows our customers to fund their accounts using cash, which is an essential aspect in extending the reach of our services and making them more accessible for these financially underserved communities. Paysafecash’s extensive global network of payment locations makes it the ideal partner for us to support financial inclusion of migrant workers with easily accessible online services and fair fees, particularly for their cross-border needs.”

Udo Müller, CEO of Paysafe’s eCash division, added: “We are extremely pleased that our partnership with Rewire allows us to leverage the unique advantages of our Paysafecash payment solution to support migrant communities in Europe and make much needed financial services more accessible. When you complement our extensive network of payment locations with strong partners that provide essential services, you end up with a really impactful solution that answers the pain points of a significant portion of society.”

Evolution today announced the launch of Super Andar Bahar, a unique online version of the traditional Indian card game that includes optional, super-engaging side bets for the chance of multiplied payouts of up to 4,000x.

In the main game, players simply predict on which side of the table – the Bahar side or the Andar side – a card will be dealt that matches the first-dealt card, referred to as the ‘Joker’ or sometimes the ‘house card’. Evolution’s new online version is faithful to the traditional game but adds ten entirely optional, easy-to-understand side bets. The aim in the side bets is to predict when the matching card will be dealt and offer the potential for greatly multiplied wins with between one and five random multipliers being randomly applied to the side bet odds in every game round.

Todd Haushalter, Chief Product Officer at Evolution, said: “Central to our product strategy is giving players everything they want and even some things they don’t know they want. We are delighted to have done just that by bringing a super-special version of the Indian classic Andar Bahar to Evolution’s live casino. Andar Bahar is well known throughout India and it’s a great game how it is. However, we could not resist the temptation to spice it up a little with a series of side bets that allow players to win astronomically high multipliers, which is something we felt was missing from this superb game.”

Haushalter continued: “I think players are going to appreciate how we kept the base game traditional in every way but added this fun twist as an optional side bet. And there’s more to come! To further support this market, we will be launching another popular Indian card game, Teen Patti, later this year.”