Praxis Tech has partnered with Stake to handle payment processing for the gaming company’s international markets. The collaboration will help Stake manage its payment operations across several continents, ensuring that transactions meet local regulations and run smoothly in each region.

Through this deal, Praxis will offer Stake its payment orchestration services, which connect different local payment providers under one system. This setup helps companies like Stake process payments faster and more efficiently while adhering to the laws of each country where they operate.

Improving Payment Performance and Reliability

Stake is a global company that offers casino and sports betting services in many countries. With this partnership, it wants to make its payment systems more reliable and efficient. Praxis will use its wide network of payment partners to help Stake get more successful transactions and manage payments more easily.

Amit Klatchko, Co-Founder and Director of Praxis Tech, said he was pleased about the collaboration. He noted that Stake operates on a massive scale and that Praxis is proud to support the company’s ongoing growth with its advanced payment orchestration tools.

Brais Peña, Chief Strategy Officer at Easygo, the company behind the Stake brand, said the partnership shows Stake’s commitment to maintaining reliable and efficient payment systems. He added that as Stake expands into more regulated markets, having a trusted partner like Praxis will help ensure smooth financial operations.

Praxis Tech: Simplifying Payments for Global Operators

Praxis Tech, founded in 2014, focuses on payment orchestration technology for iGaming operators and other online businesses. Its system allows clients to connect many global and local payment options in one platform, making things simpler and more efficient. This helps companies like Stake manage all their payment methods, including credit cards, bank transfers and local systems, from one place.

Praxis’s technology is particularly valuable for companies that operate in several countries, as it helps them meet different regulatory requirements while ensuring their customers enjoy smooth and secure payment experiences.

Driving Growth in Regulated Markets

Stake, which began operations in 2017, has become one of the leading names in the global online gaming industry. The brand offers casino and sports betting services and has built strong partnerships with well-known sports and entertainment organizations, including the UFC, Formula 1 and several football clubs.

The partnership with Praxis will help Stake expand into more regulated markets. It also shows that payment orchestration is now an important part of running global online gaming businesses. With Praxis, Stake hopes to offer quicker, safer and more reliable payment services to its growing number of players worldwide.

Overall, this collaboration marks another important step for both companies as they continue to enhance their technology, meet regulatory standards and offer seamless financial experiences for users around the world.