Luckbox adds PaymentIQ with Bambora partnership

The team at award-winning esports betting site Luckbox is pleased to announce a partnership with Bambora, which sees the PaymentIQ gateway go live on the platform today.

The PaymentIQ solution is designed to bring a direct benefit to Luckbox as it immediately expands deposit options for players by providing access to every common payment method, including:

• Major credit cards

• E-wallets

• Automated online bank transfers

• Mobile payments

• Invoicing

The PaymentIQ solution is also designed to increase payment exception rates and improve fraud detection as Luckbox aims to become a leading operator in the estimated $CAD18.1bn esports betting market.

Luckbox Head of Payments Boris Kostadinov said: “This is an important addition to the Luckbox platform as it enables us to provide players with more comprehensive and frictionless payment options, which in turn supports the Company’s plans for robust revenue generation. In short, it is designed to help us increase players’ ability to bet.

“This integration with PaymentIQ is another important step in the improvement of our platform as we strive to exceed the expectations of players ahead of scaling up our marketing spend.”

Per Sundell, Senior Business Development Manager at Bambora, said: “We are delighted and proud to have the opportunity to assist Luckbox with their payments through our platform, PaymentIQ, and we look very much forward to streamlining Luckbox’s payment flows and growing together.”