Authorization from the Central Bank of Brazil
Recently, Pay – a fintech from the Eightroom Vpag Group – obtained authorization from the Central Bank of Brazil to operate as a Payment Institution. This achievement is a milestone for the company, which has been operating in the affiliation market in the betting industry for over 18 years and is now expanding its scope of operations with a focus on the Brazilian market, regulated by Law 14,790/2023 and the rules of the Secretariat of Prizes and Bets (SPA) of the Ministry of Finance.
Affiliate marketing in accordance with best practices
Eightroom's affiliate marketing division also stands out for its alignment with the new regulations in the sector. In line with the guidelines established by Annex X of the Brazilian Advertising Self-Regulation Code (CONAR) and Ordinance 1231 of the Secretariat of Prizes and Bets, the company reinforces its commitment to ethical practices and the promotion of responsible gaming.
The Eightroom Vpag marketing team, which has always followed international best practices, has intensified its training activities, promoting workshops and guidance for the affiliate market.
This proactive stance aims to ensure that betting advertising in Brazil is conducted in a transparent, safe manner and in compliance with the new regulations, benefiting both operators and consumers.
Invitation to meet at SBC Summit Lisbon
SBC Summit Lisbon will be the ideal venue for the Eightroom Vpag Group to connect with partners and showcase its innovative solutions for the global iGaming market. During the three-day event, Eightroom’s team of experts will be available for meetings and insights.
Those interested in scheduling a meeting with the Eightroom Vpag team can request an appointment using the form available at https://eightroom.com/#contact.
Source: GMB