With years of experience in the high-risk market in Silicon Valley, Paag offers payment solutions through technologies that guarantee security and reliability for both bookmakers and bettors.
Based on structured compliance to meet industry regulations, the company will only carry out transactions with operators licensed to operate in Brazil. Another premise of the new associate's operations is that all procedures related to sending remittances abroad will be in full compliance with the requirements of the Central Bank.
For Wesley Cardia, president of ANJL, Paag's entry reinforces the association's commitment to representing companies that are aligned with the sector's regulations, which are still ongoing.
“The rules related to payment methods will still be the subject of one of the twelve ordinances to be published by the Ministry of Finance. ANJL welcomes new members like Paag, who, in advance, are committed to working seriously in a promising market like Brazil,” said Cardia.
Launched in March 2023, the National Gaming and Lottery Association defends the interests of its members, the sector and responsible and honest gaming, always guided by encouraging sport, betting security and contributing to the country's economic development.
Members include galera.bet/PlayTech, Kaizen, Betano, Big Brasil, Hebara, F12, PagBet, BetNacional, Mr. Jack, Parimatch, BetFast, Aposta Ganha, Liderança Capitalização, ZRO Bank, Okto and, now, Paag.
Source: GMB
