Global Payments Platform Launches New E-Wallet

Global Payments Platform Launches New E-Wallet Solution
for the Gaming Industry
Digital Wallet Leverages Existing Platform and Product Portfolio to Enable Seamless, Secure, and
Flexible Payment Options for Gaming Operators and Players
London, February 1, 2016 – MiFinity Payments (formerly NXSystems), a global payments provider
that serves the travel, hospitality and gaming industries, as well as large multinational companies
that need to serve many different payment needs in one place, announced today that it has launched
a digital wallet solution for the gaming industry. With the MiFinity E-Wallet solution, companies can
electronically send money from anywhere in the world – to any location in the world, with the push
of a button – or swipe of a screen.
The gaming industry, particularly online and mobile gaming, has a myriad of challenges, including
the high-risk “tag” due to potential for fraud and money laundering, varying legal issues for different
geographies, and the overall need to provide a seamless and flexible way for gamers to deposit and
withdraw funds with speed and ease.
The wallet platform is powered by MiFinity’s comprehensive payment and settlement options
available on its existing platform. Wallet-holders can load funds or disburse withdrawals using any
Visa®, MasterCard® or China UnionPay credit, debit, prepaid, or virtual card using MiFinity’s existing
PayAnyCardTM and PayMyCardTM products, settle to bank accounts across the globe with lower, local
rates using the Global Bank Settlements product offering and MiFinity’s vast network of banking
relationships, and protect their transactions with the company’s secure Tokenisation Solution. The
E-Wallet product also includes many authentication and fraud monitoring controls, including KYC and
real-time monitoring, as well as comprehensive reporting capabilities at both the detailed
transaction level and from a holistic business viewpoint.
“Although all gaming sites generally have a means of moving money throughout their site, often the
experience is clunky and inefficient for the user, and causes high fees for the provider due to the
need to use multiple payment vendors,” said Gay Hamilton, Chief Operations Officer at MiFinity
Payments. “MiFinity is the only company to offer a wallet solution specifically for the gaming
industry. With MiFinity’s E-Wallet, there is only one source of service, enabling gaming operators to
offer a seamless and flexible experience to their end users, while streamlining their own costs and
processes.”
The company will be debuting the product at the ICE Totally Gaming Conference in London, February
2-4, 2016.
About MiFinity Payments
MiFinity Payments (formerly NXSystems) is a global payment solutions provider with offices in the US,
UK, Ireland and Malta. The company provides secure, cost-effective payment products for global
companies including those in the gaming and travel industries. MiFinity Payments is regulated by the
UK Financial Conduct Authority and currently holds a full European E-Money licene. The company is
an approved issuer of plastic cards for Visa®, MasterCard® and China UnionPay. MiFinity Payments is
PCI DSS regulated so gaming operators, travel companies and multi-national entities can ensure their
payments operate in a safe, controlled and regulated environment. Visit www.mifinitypayments.com
for more information.