#USA #iGaming #Limassol #Praxis Tech #Stake

Joining Forces to Revolutionize the iGaming Payment Landscape

In a significant development for the iGaming industry, Praxis Tech, a prominent player in payment orchestration, has announced its partnership with Stake, a global leader in online entertainment and iGaming. This strategic alliance aims to enhance payment experiences for players worldwide by leveraging the strengths of both companies.

The Synergy of Praxis Tech and Stake

Praxis Tech serves as a leading payment orchestration platform specifically designed for the iGaming sector, providing operators with flexible and efficient payment solutions. By partnering with Stake, a brand known for its rapid expansion and commitment to user satisfaction, Praxis is set to improve the speed and reliability of payment processing.

Stake, since its inception in 2017, has made significant strides in the online gaming sphere, offering a diverse range of casino and sports betting experiences to millions. With its innovative technology and high-profile partnerships, Stake seeks to redefine gaming and betting for its players while adhering to regulatory requirements.

Enhancing International Operations

The collaboration between the two companies is timely, as Stake looks to accelerate its market penetration in key regions. This expansion mandates efficient payment infrastructure that is not only adaptable but also compliant with local regulations. Praxis Tech's capabilities in integrating various Payment Service Providers (PSPs) will empower Stake to meet these needs effectively.

Fast and Compliant Transactions

One of the key advantages of this partnership is the promise of swift and localized transactions, which are crucial in enhancing the player experience. As stated by Amit Klatchko, co-founder of Praxis Tech, “We take pride in supporting leading iGaming brands like Stake to achieve excellence in payments at a global scale.” This dedication to innovation and agility ensures that all payment interactions are handled with the utmost professionalism.

A Win-Win Innovation

According to Brais Pena, Strategy Director at Stake, the partnership will bolster their payment operations, allowing them to deliver faster, flexible, and secure transactions across various regions. This is critical for maintaining the trust and reliability that players have come to expect from Stake’s offerings.

Motivated by Growth

As the need for seamless payment options grows, both companies are committed to enhancing the overall operational efficiency. The integration of Praxis Tech's technology into Stake's platform will ensure higher transaction approval rates, directly benefiting the player experience and satisfaction. This partnership underlines Praxis Tech's leadership in payment orchestration within the iGaming narrative, ensuring that top-tier brands can confidently scale their operations.

About Praxis Tech

Founded in 2014, Praxis Tech has established itself as a foremost payment orchestration platform for the iGaming sector. The platform enables merchants to connect to local and global payment solutions effortlessly. It not only maximizes approval rates but also streamlines operations, allowing for smooth scaling in all markets.

For more information, visit praxis.tech.

About Stake

Stake has quickly risen to prominence as a leading online entertainment brand, providing gaming options to a global audience. With a visionary approach and robust technology, Stake is committed to transforming online gaming experiences while fostering transparency and trust amongst its player community.

To learn more, visit stake.com.

In a fast-evolving industry, the combination of Praxis Tech’s innovative payment solutions and Stake’s dynamic outreach creates a formidable partnership, poised to deliver enhanced payment experiences for players around the world.