12 Oct 20222 min. read

Aspire Global to Implement TrueLayer Payment System

Aspire Global to Implement TrueLayer Payment System
Sam Smith
written and last updated by Sam Smith at 12 Oct 2022 Journalist, Editorial Department
TrueLayer has announced a new partnership with Aspire Global, under which the latter will implement TrueLayer's innovative payment system. This collaboration will enable operators to significantly accelerate transactions and enhance their control over them.
The contract was signed as Aspire aims to launch a payment system based on open banking. TrueLayer will now provide its services to 50 British brands under the Aspire umbrella, with plans to expand into other European markets over time.
Gil Tal, Head of E-commerce and Payments at Aspire Global, stated, "Open banking offers the industry the opportunity to implement any innovations. By entering into this agreement, we acknowledge that this technology can play a significant role in building brand trust and retaining players."
Tal also emphasized that the current partnership with TrueLayer is another step in Aspire Global's strategy to provide customers with a diverse range of the best payment options available.
Meanwhile, Roberto Villani, Head of iGaming at TrueLayer, added, "Gaming operators are constantly looking to reduce friction, lower fees, and minimize chargebacks and refunds. TrueLayer offers a more efficient and cost-effective way to facilitate account-to-account transactions through open banking."
Villani also noted that operators utilizing the innovative payment system can offer players features such as instant deposits and immediate payouts. He believes that the collaboration with Aspire Global will provide customers across all of the group's brands with an exceptional gaming experience.
Earlier this year, NeoGames completed its acquisition of Aspire Global for 111.00 Swedish kronor ($12.29) per share, with 99% of the total shares put up for sale.
In related news, game developer Pragmatic Play has signed a partnership agreement with Atlantis Games.

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