TAIN Adds PugglePay to Platform

25 October 2014

Online sportsbetting software group TAIN has announced that it has signed an agreement with PugglePay which will add the financial service to its software.

Launched in 2012 PugglePay is a Swedish e-Wallet group that aims to “bring a socially responsible invoice solution to the iGaming market.” The group currently is supported by the payment providers Arvato Finance Services and Entercash.

Commenting on the deal TAIN CEO Christer Fahlstedt said, “This is a great new addition to the Tain payments portfolio; PugglePay has a proven track record in driving deposits through their mobile solution where players will be able to deposit within seconds.”

PugglePay CEO Kristofer Ekman Sinclair added, “With the addition of PugglePay we are confident that iGaming companies who use the TAIN platform will significantly boost their revenue and will be able to meet the strong player demand for mobile payments. PugglePay users deposit 14% more often and are 21% more loyal compared with other payment providers. Our users also have significantly lower churn rates.”