Payments technology software company Praxis Tech has extended its partnership with online gaming software developer SoftGamings.
The company said the deal will allow SoftGamings’ operators access to Praxis Tech’s latest features such as Merchant Initiated Transactions (MIT) which was introduced to facilitate One-Click payments and help streamline the payment process.
Additionally, the latest decline recovery features will ensure that operators can recover any lost revenue from declined transactions, the company said.
As part of the partnership, SoftGamings’ operators will also gain access to Praxis’ array of pre-integrated Payment Service Providers (PSPs) as well as new PSP integrations that can be onboarded.
According to a statement the partnership between Praxis Tech and SoftGamings is geared towards enhancing the customer experience while helping support the firms’ global expansion efforts.
Amit Klatchko, Praxis Tech’s CEO, said, “We’re thrilled to be extending our partnership with SoftGamings, a company that shares our passion for innovation and delivering the best possible payments experience to customers. We believe that our latest technological advancements will help take SoftGamings’ products to the next level and are excited to be a part of their continued growth and success.”
SoftGamings’ Chief of Banking and Payments, Anna Marinuka, added, “Praxis’ innovative solutions give our operators an even more immersive gaming experience for their customers, and we’re going to be working closely together to integrate Praxis Tech’s latest technology advancements into more of our products, offering our operators the ability to enhance their global reach and revenue.”