Kindred Group signs with major U.S. payment processor Mazooma

US verified bank payments in online sports betting and igaming speciialist Mazooma announced Monday that it has been selected by the Kindred online gambling group as its ACH technology partner for Kindred Group’s U.S. launch and ongoing operations.

Jamie MacKay, CEO, Mazooma said in a company statement that his company was proud to be selected by Kindred, adding; “With eCheck Select to power positive user experiences, Mazooma continues to reimagine online payments with a focus on technological innovation.”

Manuel Stan, SVP USA, Kindred Group said, “Our deal with Mazooma underlines our commitment to giving our customers excellent igaming experiences.  Its technology for verified bank payments made Mazooma our partner of choice.”

Leading the way for online sports betting payments is eCheck Select’s real-time ability to verify bank-level data–specifically consumer identification and account information. At the time of transaction, eCheck Select can confirm a consumer’s account balance and process the payment or terminate it when there are insufficient funds.

Kindred and other operators need payment solutions that deliver extensive consumer and bank acceptance. eCheck Select supports real-time verification and payments from every bank and financial institution in the U.S.. Mazooma claims.

Real-time verification provides operators with rich consumer data, reducing fraud and customer service issues that might result days later from the traditional ACH channel, and will enable Kindred to confirm payment in real time.

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