Jumbo’s Netverify Incorporated into Optimal Payments’ Neteller

Posted: April 10, 2015

Updated: October 6, 2017

NetVerify can serve to authenticate online and mobile ID documents of online casino gamblers.

Online payment provider for casinos, Optimal Payments, has decided to make use of Netverify. The latter, a service from Jumio, certifies payment from punters who pay on online gambling sites in EU and elsewhere. Hours of manual review time by Optimal Payment staff are saved thanks to Netverify’s automatic checking system. NetVerify transforms customers’ mobile device cameras or webcams into an ID terminal that scan credentials.

In addition, Optimal, who operates in accordance with EU gambling laws, said it has been able to decrease the number of accounts where manual reviews or additional checks are needed. Lorenzo Pellegrino, Neteller’s executive vice-president said “Our account verification process is now 80% quicker, making it faster and easier for customers to pay online”. The company also supported the claim that NetVerify solution has played its part in diminishing Neteller’s account verification process to 2 hours, down from 12 hours, on average.

Netverify allows for online gaming market payment to be safe and convenient

Director of marketing EMEA at Jumio David Pope, stated that “Credentials management technology like Jumio’s Netverify doesn’t just tick regulatory boxes but is also a differentiator to improve the customer journey. Security should not be synonymous with inconvenience and I am delighted that Neteller is using Jumio to balance the twin challenges of security and convenience.” The system may go on to serve many online gaming operators, including gambling companies in Gibraltar.

Optimal confirmed to EU gambling news s sources that by integrating NetVerify into its platform, customers will be able to make secure online payments in a jiffy. This then could be especially beneficial for the online gaming industry as Neteller can now verify ID and other references that might be necessary for mobile betting clients to be able to make payments easier.

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