Euronet Worldwide, FinTech’s global solution, and payment provider, will license its REN payment platform to Marker Trax to provide the company with a transactional analysis of its digital casino brand management system, according to a media advertisement.
REN will increase its use in the sports market, according to the release. Expenditure includes tags, or casino credit, that provide convenience to enthusiasts and increase the value of “coins” in electronic gaming machines and total casino revenue, the release said.
Marker Trax is a legal, non-monetary method without standard marking, according to the release. It provides more convenience and comes with tools to manage markings and refunds. That way, the money stays with the casino in the form of tracking the marker in the digital management account and collects the money at the end of the play session.
The Marker Trax solution also comes with a mobile app and website where users can apply for a mark and get a credit decision in minutes, the release said. This eliminates the process of issuing custom tags that are commonly performed by casinos, which are time-consuming and highly efficient.
REN will enable a number of key features in Marker Trax, including ownership verification, transcription, payment processing, payment, reporting, and facilitating communication between Marker Trax and various credit bureaus, payment gateways, and banking systems, according to the release.
In some cases, there may be other online casino services coming soon. The President of Payments Coordinator Omar had told the PYMNTS that digital and cashless casinos could soon be available.
Sattar said that next year, there could be up to 100 casinos nationwide for some form of free money, with 50% to 75% casinos likely to be accepted within three years.
About Market Trax
Marker Trax is a money-free, one-of-a-kind digital casino brand. The product is the first of its kind to provide compliant casino machines that take advantage of the inefficiencies in outsourcing and provide casinos with tools to manage casino credit registration and repayment. Marker Trax has played a major role in the non-profit movement between the operations of North American casinos. Developed and patented by the company’s founder, Gary Ellis, in 2018, Marker Trax offers a very effective gaming experience for players and casino users.
About Euronet
Euronet Worldwide, Inc. is an industry leader in the continuation of secure financial transactions. The company provides payment and transaction solutions to financial institutions, retailers, service providers, and individual clients. These services include full ATM, POS, and card issuance services, card issuance and merchant acquisition services, software solutions, online and consumer transaction transactions, and electronic distribution of digital media and prepaid mobile phones.
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