MoneyMatrix to provide payment portfolio and hosted cashier to Esports Entertainment Group

MoneyMatrix has announced the signing of Esports Entertainment, the company behind VIE and esports wagering platform. The deal will see VIE become the first esports merchant to use the MoneyMatrix NexGen payment processing platform.

VIE offers exchange style wagering on esports events, it operates via a licence in Curacao and is aiming to cater to the ‘global esports audience’. The VIE exchange model offers a “PVP” betting experience on a wide range of international events that are broadcast on streaming platforms such as Twitch.TV, YouTube, HitBox.TV and a host of other platforms.

Grant Johnson, CEO of Esports Entertainment said of the deal: “We are excited to launch with MoneyMatrix’s processing platform as we can now offer our users access to a myriad of international payment options in a very secure environment.”

MoneyMatrix, part of the EveryMatrix group, is a licenced and regulated financial institution based in Malta which has partnered with 60+ solution vendors to create a ‘multi-solution, multi-currency portfolio, giving all merchants access to over 150 Payment, Risk, AML and KYC solutions via one single API.’

Sandra Barton, CEO of  MoneyMatrix said: “MoneyMatrix is the next generation of processing platform – we are not a solution, we are the solution. We have created an all-encompassing platform that allows you to do your business your way. Irrespective of your size, where you want to operate or how you want to operate, MoneyMatrix is the partner to help you achieve global success.”

Esports Insider says: Security to a consumer is an important factor, especially within the current climate. VIE signing on with MoneyMatrix, who have history doing just that will give users confidence when decided if VIE is the platform for them. It also gives MoneyMatrix their first partner in esports which could open the door for MoneyMatrix to make more moves in future.