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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Leisure, gaming and gambling

Real Luck Group partners with Bambora to add PaymentIQ to the Luckbox platform

The agreement is designed to drive revenue by delivering Luckbox players frictionless deposit options

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF), and its subsidiary companies doing business as Luckbox, said it has partnered with Bambora to add its PaymentIQ gateway to the Luckbox platform.

Real Luck noted the agreement is designed to drive revenue by delivering Luckbox players frictionless deposit options.

“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,” Luckbox head of payments Boris Kostadinov said in a statement.

READ: Real Luck Group unveils partnership with Funanga to leverage its CashtoCode payment solutions

“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,” Kostadinov added.

The company said 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.

It added the PaymentIQ solution is also designed to increase payment exception rates and improve fraud detection as Luckbox aims to become a leading operator.

Real Luck Group (TSX-V:LUCK, OTCQB:LUKEF) offers legal, real-money betting, live streams and statistics on 13 esports on desktop and mobile and is one of the first movers in the esports betting market and one of the few pure-play names.

Contact Sean at sean@proactiveinvestors.com

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The Markets
by Proactive
Proactive UK has moved.
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