"Obtaining a license from the Central Bank is a necessary milestone in the process of qualifying to provide services in the post-regulation betting market," explains Andre Gelfi, president of the Brazilian Institute of Responsible Gaming (IBJR), an entity of which the company is part.
"OneKey Payments' license to operate as a payment institution in Brazil reinforces our commitment to working towards a safe, transparent and sustainable betting market for companies and society."
César Garcia, CEO of OneKey Payments, continues: “Being licensed by the Central Bank is great recognition for the hard work our team has done to make us the safest, most efficient and compliant payment solutions provider in Brazil.”
“Not only does this further consolidate our position in the fast-growing sports betting market, but it also gives our current and potential customers peace of mind that they are doing business with a company that operates in strict compliance with the law in every step of the process,” he adds.
Active in the market since 2019, the company has acquired extensive experience in providing payment solutions for the main sports betting operating companies. In 2023, it launched QuickPay, a KYC solution that has been used by large betting operators since May last year.
Using the latest advances in machine learning and data analytics, QuickPay simplifies the payment process while ensuring secure and authentic transactions. It also offers betting operators the ability to discover and prevent fraud, money laundering and other suspicious activity through aggregated insights.
With the license from the Central Bank, the company is already thinking about the possibility of offering new products and services to its customers through open finance, aiming to ensure a strong bias in corporate governance.
"This latest achievement is another way for us to present our vision of the future of the Brazilian sports betting market, where technology, transparency, user experience and security are interconnected," concludes César.
OneKey Payments is an IP specialist in global payments technology, offering a complete BaaS (‘banking as a service’) that allows companies to scale their inbound and outbound transactions simply and securely, with full performance optimization. The company presents a complete international gateway solution with easy plug and play integration and payment solutions in Brazil and around the world using PIX, bank slip or credit card.
Source: GMB
