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Playtech-powered Casinos Offer New Prepaid Mastercard Transactions

September 1, 2010 (CAP PR Wire) — Prepaid MasterCard® cards from Intercash, are now making deposits and withdrawals quicker and easier at prominent online casinos at Playtech. Integration of the Intercash card in the Playtech software means that operators require no special integration or setup to begin offering players prepaid MasterCard cards as a convenient, reliable payment option.

Using the Intercash prepaid platform, players’ winnings are deposited directly onto their card, which can then be used at any of the 29 million ATMs or points-of-sale (POS) on the MasterCard network, or to deposit them back to any of their online casino accounts.

Initially, 18 Playtech powered casinos of the Fastengine group will offer the new Intercash prepaid MasterCard® card as a deposit/withdrawal option. These casinos include Titan, Europa, Tropez and Vegas Red. Affiliates of these casinos and poker rooms will also have the option of receiving their commission payments on an Intercash card.

“We’re very proud to be launching our new MasterCard® card program on the Playtech software through Fastengine, one of Playtech’s largest groups of sites,” said Intercash CEO Patrick Seguev. “The venture between our companies marks a significant step into what is becoming an industry standard, with many online gaming software providers and operators integrating our safe, efficient, and smart payment solutions as a standard part of their software package.”

The PrepaidGate™, Intercash’s web-based reporting and management system, enables online casino operators to easily perform transactions, enquiries and monitor results in real-time.

Intercash’s “Pays 2 Ways™” feature enables instant authorization on deposits and withdrawals to and from casino sites.  Like an e-wallet, with the “Pays More Ways™” feature, cardholders can withdraw funds to their Intercash card from any participating Intercash site.

“By giving their players and affiliates instant access to their winnings and earnings on a secure chip-and-PIN MasterCard® card, gaming companies will not only reduce their costs in terms of cheque payouts and bank transfer fees,” continued  Patrick Seguev of Intercash. “They’ll also increase customer satisfaction, comfort and loyalty.”

Media contacts:
Jodie Thind, Lyceum Media
jodie@lyceummedia.com +44 (0) 208 123 7184

Tamara Tenenbaum, Intercash
prepaid@intercash.com +44 (0) 203 051 6274

About Intercash
The Intercash prepaid card has the benefits of a debit card, enhanced by the secure and flexible utilities that the MasterCard® network enables- access to funds at any of MasterCard’s 29 million worldwide locations to withdraw cash at ATMs, shop on the high street, and make online purchases and reservations. For more information about Intercash Cards, please visit www.intercash.com

About Playtech
Playtech, the world’s largest publicly traded online gaming software supplier, offers cutting edge, value-added solutions to the online gaming industry’s top operators. Playtech has established its presence in growing markets both geographically and in terms of product development by delivering comprehensive best of breed solutions to its market and developing a dynamic and diversified business model.