Hungary Regulator Announces New Gambling Act Amendments

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Sportwetten.de is a rapidly growing German Gaming provider. They implemented an innovative payment solution from Aircash payment partner. This payment solution was approved by GGL (Gemeinsame Glucksspielbehorde der Lander), which is the new regulatory authority that licenses and regulates the German gaming market.

Sportwetten.de is working hard to expand the availability of the Aircash payment option in all locations, providing users with a safe and secure method of payment.

Aircash, an EU licensed e-money institution, is a Payments partner and regulated by the EU. It offers services such as Instant cash deposits and withdrawals, and innovative promotions platforms to attract, retain and reactivate players on Gaming platforms. They also provide multiple benefits, including money transfers, transport payments (vignettes and parking tickets), and money transfers. Purchase prepaid vouchers from Telecom.

Intelligent Technological Solutions Partner and Innovative Process

Aircash was the first German payment provider to be approved by GGL. It enabled Sportwetten.de to offer advanced solutions for cash deposits at point of sale. This makes it an ideal choice for existing players and opens up new possibilities for player acquisition.

This new payment method, known as “Depositing Cash in Store to Play Online”, guarantees a fast and secure transaction. There is no risk of theft or fraud. Aircash uses high-quality processes to ensure that all transactions towards player accounts are legitimate and authentic.

Aircash’s state-of the-art KYC and AML procedures are what sets it apart from its competitors. Aircash has an AI system in-house that detects fraudulent transactions and uses a liveness detection method to monitor for suspicious activity. Aircash allows both players and sportwetten.de to feel confident that their transactions will be safe, reliable, and adhere to the highest safety standards.

“An important recognition and validation of Aircash’s work”

This is key to creating a stable and reliable environment that will lead to long-term market success.

“Partnership with Sportwetten.de, and subsequent approval by Aircash at GGL is an important recognition of Aircash’s work in providing outstanding service in the payment sector. This will enable us to increase our efforts aimed to support gaming platforms and continue to be a reliable partner.” Mentioned Hrvoje Kosic, CEO Aircash.

Sebastian Funke, CEO of Sportwetten.de, said that Aircash’s technology and commitment towards safety and security will ensure that players have a seamless, convenient gaming experience at sportwetten.de. We will continue to expand our services in more places.

Both statements highlight the importance of the approval and the new partnership – the continuous contributions to reducing influence of the black marketplace in the gaming industry, innovative payment products in collaboration with gaming providers, that attract new players, keep existing ones, provide everyone with an innovative solution with multiple uses opportunities, and that help them retain those they already have.

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