Remove Account Validation Remove On-Demand Remove Treasury Management
article thumbnail

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

Fintech Finance

Pix, Brazil’s instant payment system developed and managed by the Central Bank, has changed how transactions are made in the country. The enhanced solution provides real-time account validation, ensuring that each transaction meets regulatory requirements without manual intervention.

article thumbnail

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

Fintech Finance

Pix, Brazils instant payment system managed by the Central Bank, has transformed digital transactions, with over 170 million users and 90% of Brazils adult population relying on the system. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

article thumbnail

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. .

article thumbnail

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. These tools look to streamline onboarding and prevent incorrect or fraudulent payments.

article thumbnail

Treasury And Risk Management, Clearly, In The Clouds

PYMNTS

A: We focus on innovating business value that meets business demand. We review these demands for new solutions with our in-house subject matter experts and solve the challenge. Since then, we’ve pushed the entire market to demand TMS delivered via SaaS. Q: How would you define your company’s approach to innovation?