Paysafe Expands Omnichannel Payments Offering For Sportech Division Bump 50:50

Global payments provider Paysafe announced on Thursday it has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. Paysafe reported as North American in-stadium sports return, fans will be able to enter raffles safely and securely through Paysafe-processed contactless card payments at points of sale (POS) from Handpoint, a pioneer in defining integrated payments.

“The current COVID-19 pandemic has driven strong growth in contactless payments in the U.S. market. Fifty-nine percent of American consumers are happier making an in-person payment using an NFC-enabled card than they were a year ago, according to Paysafe’s April 2020 research.”

Paysafe further explained that when fans return to stadiums, Bump 50:50’s partners, which include the foundations of over 120 professional, collegiate and nonprofit organizations (including dozens of NFL, NBA, MLB, and NHL teams), may enable them to purchase raffle tickets from in-venue sales staff using card tap-and-pay at Handpoint’s lightweight mobile POS terminals. Speaking about the expansion, Carla Erlick, Senior Vice President, ISV Channel at Paysafe, stated:

“Sportech’s Bump 50:50 has become one of our flagship independent software vendor (ISV) partners, truly showcasing our omnichannel payments offering. Further complementing our card-not-present payments relationship with Bump 50:50, we’re delighted to strengthen our card-present support for Bump 50:50’s partners to better meet the new North American reality of in-person transactions.”

Founded in 1996, Paysafe claims to be a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.

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