SPORTS BETTING

Isle of Man – Real Luck partners with Bambora to further enhance Luckbox with PaymentIQ solution

Real Luck Group and its subsidiary companies doing business as Luckbox is pleased to announce a partnership with Bambora, which will see their PaymentIQ gateway added to the Luckbox platform.

The PaymentIQ solution is designed to bring a direct benefit to Luckbox as it immediately expands deposit options for players by providing access to every common payment method, including major credit cards, E-wallets, automated online bank transfers, mobile payments and invoicing.

The PaymentIQ solution is also designed to increase payment exception rates and improve fraud detection as Luckbox aims to become a leading operator in the estimated $18.1bn esports betting market.

Luckbox Head of Payments Boris Kostadinov said: “This is an important addition to the Luckbox platform as it enables us to provide players with more comprehensive and frictionless payment options, which in turn supports the Company’s plans for robust revenue generation. In short, it is designed to help us increase players’ ability to bet. This integration with PaymentIQ is another important step in the improvement of our platform as we strive to exceed the expectations of players ahead of scaling up our marketing spend.”

Per Sundell, Senior Business Development Manager at Bambora, said: “We are delighted and proud to have the opportunity to assist Luckbox with their payments through our platform, PaymentIQ, and we look very much forward to streamlining Luckbox’s payment flows and growing together.”