One of the most popular online betting payment solutions has joined up with Pin4, which is a cardless cash product, to improve the withdrawal process. The goal is to give operators the ability to let players have instant access to their winnings in a matter of speed that would put smiles on the faces of many bettors.
With this partnership, starting in 2022, any users of PayNearMe will have the ability to withdraw from their favorite PA online casinos & sports betting apps and get their funds in real, hard cash in the dame day at more than 18,000 different ATM’s in the United States.
Here’s the full scoop:
What Is PayNearMe?
PayNearMe is one of the most popular ways to deposit from a sportsbook because it gives you a retail option. While many PA sportsbooks offer credit card deposits, PayNearMe offers a retail option. That means you can head into a convenience store and deposit the funds there using this service. Typically, you get a QR code and just pay there, and then the money is linked to and deposited into your account.
For many online players in Pennsylvania, digital wallets are the way to go but for others, having the ability to get the job done while you’re at a convenience store or retail location is quite attractive.
What Does Pin4 Partnership Offer?
While PayNearMe is a great way to deposit, now the partnership with Pin4 will allow for new seamless banking options. The short of it is that when players withdraw, they’ll be guided to a nearby ATM where they can get their money.
How it works is when a player requests a withdrawal, they’ll get a four-digit order number texted to them. That will include some details such as the payout amount and the amount of time they have to withdraw the funds.
From there, they’ll receive a second text that links them to a locator map where they will see the ATMs that they can withdraw from. They can head on over to that ATM and get their cash in hand.
Solving Pain Points
One of the biggest pain points for customers has been getting their money from sportsbooks. With this partnership, now players will be able to have cash in their hands by the end of the day when they withdraw. No-fuss, no muss.
PayNearMe is offered by sportsbooks in more than 17 different states, so now Pin4 will be integrated into that as well. For those customers who are wondering when this will all take effect, the early estimate is that it will start in early 2022.
Keep an eye out as it will be coming to a sportsbook and online casino near you.