PayRetailers, the leading fintech in payment processing in Latin America, plays a significant role in transactions in the betting and gaming market. In recognition of this involvement, Daniel Moretto, country manager in Brazil, has been invited to chair the newly formed Responsible Gaming and eSports Council of MID - Digital Innovation Movement.
This committee, established in partnership between the two institutions, aims to address fundamental issues in the market, such as responsible regulations that not only allow the sector to operate continuously but also prevent harmful actions and promote operators committed to best practices.
Bringing together leaders from online gaming and eSports, the committee will form an impartial board of decision-makers tasked with analyzing and developing strategies to promote the maturity of the Brazilian market, aligned with the best international initiatives.
Daniel Moretto shares his perspective: "While betting is an established practice abroad, in Brazil we are just beginning to explore this potential. There is a long way to go, and we are committed to encouraging responsible and sustainable growth in this sector."
Among the main focuses of the new committee, under Moretto's leadership, are educational initiatives and demystifying gaming. "It is crucial to raise awareness among the Brazilian public about the growth of online betting. Although they are an exciting addition to the economic landscape, it is essential to understand that gambling is entertainment and should not be seen as a source of income. In collaboration with MID, we are committed to promoting this understanding," adds the expert.
PayRetailers is associated with MID, which is an entity focused on the sustainable use of technology, innovation, and excellence in the digital sector, representing a vital space for the exchange of ideas and cooperation between companies, empowering them to lead the digital transformation.
MID provides a conducive environment for networking and sharing values and future visions among like-minded organizations. As Carolina Valente, Director of Strategy and Data Intelligence at MID, states: "The formation of the Responsible Gaming and eSports Committee is a significant milestone for MID and the online betting market in Brazil. We see this initiative as an opportunity to lead by example, inspiring not only gaming operators but also consumers to adopt responsible practices."
"Our goal is not only to align Brazil with the best international practices but also to work collaboratively with the market and society. By educating the public about good practices in online gaming and by promoting a community of operators committed to integrity and responsibility, we are building a safer and healthier digital ecosystem," she adds.
"This committee, under the leadership of Daniel Moretto, represents a step towards a future where online gaming can be a source of positive and responsible entertainment for all," Valente concludes.
The Spanish company PayRetailers is a leader in payment processing in Latin America, offering innovative and secure payment solutions for local and international businesses. Recognized for its extensive experience in the online payment sector, PayRetailers is committed to operational excellence and customer satisfaction.
The company operates in various markets in Latin America, providing efficient payment processing and customized solutions to meet the specific needs of each business.
The Digital Innovation Movement (MID) represents one of the most relevant communities in the digital ecosystem in Brazil, with more than 170 associated companies promoting the sustainable use of new digital technologies in all sectors of the economy.
MID is committed to dialogue and collaborate on digital ecosystem issues with the Public Power, academia, and civil society to advance digital transformation, competitiveness, and sustainability in Brazil and worldwide.
Source: GMB
