By Gaming FinTech Flexia Payments has debuted a way for casino customers to enroll in a cashless gambling solution that includes casino loyalty systems, a press release said Thursday (Aug. 18).
Called the InstaPlay Registration and Integrated Onboarding Module, it will let customers scan a QR code in the casino or on the casino website. The module collects customer data, performs know-your-customer (KYC) and fraud checks, and issues co-branded multi-account Mastercard cards. It will also populate the casino’s CMS and loyalty system with customer data.
The release said that Flexia shares KYC and fraud data with casinos, thus helping with registration, compliance and marketing.
“This is what will propel true cashless in the casino environment,” said Scott Walker, Flexia president. “We have successfully taken the friction out of the enrollment process and simultaneously coordinated customer enrollment across multiple platforms. The entire process takes only a few minutes.”
And Flexia CEO Craig Libson said the InstaPlay feature was made for cashless gambling, to make a better customer experience and add more efficiency for casino operators.
In other news related to casinos and gambling, DraftKings has been seeing a glut of business, with double-digit increases in monthly payers and revenue in the second quarter.
Read more: DraftKings Sees 30% Rise in Monthly Payers
PYMNTS wrote that the company’s revenue was $466 million, a 57% boost from the second quarter last year.
DraftKings co-founder, CEO and board chairman, Jason Robins, said the company had good customer engagement and not much impact from the pressures of the economy.
“Due to our ongoing investments in core online gaming technologies, we are in a strong position from a competitive perspective as we approach the beginning of the NFL season,” he said. “We remain well capitalized, ready to enter new markets as they become live, and confident in our ability to compete and win with customers.”
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