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One Month to Go: PayRetailers Launches Enhanced Solution to Help Betting Operators Comply With Brazil’s New Sports Betting Regulations

Fintech Finance

PayRetailers , a leading payment processor in Latin America and Africa, has launched an enhanced Pix payment solution to assist betting operators in Brazil as they prepare for the new sports betting regulations set to take effect on 1 January 2025.

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Transfeera, a Company From PayRetailers Group, Enhances Pix Solution to Help Betting Operators Comply With Brazil’s New Regulations

Fintech Finance

Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025. These tools streamline onboarding and prevent incorrect or fraudulent payments.

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PayRetailers Enhances Pix Solution to Aid Brazilian Betting Operators Amidst Incoming Regulations

The Fintech Times

Through the updated PayRetailers Pix solution, the firm is aiming to help Brazil’s betting operators comply with new regulations that require payments to be processed through bank accounts registered to individual players.

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Transfeera Enhances Pix Payment Capabilities by Automating Compliance With New Sports Betting Rules

The Fintech Times

The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors. It also enables deposit verification, ensuring player accounts are active and valid for transactions. .”