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DAOWallet strikes partnership with MoneyMatrix

September 29, 2020

iGaming cryptocurrency solutions specialists to deliverpremium wallet solution to global network of operators

Thursday 03rd August 2020: DAOWallet, a DAOGroup partner, has signed a partnership agreement with MoneyMatrix to supply its premium cryptocurrency-fiat gateway, also called DAOWallet, as an integrated payment solution for MoneyMatrix’s network of operators.

Delivering multiple unique features and benefits tailored to iGaming operators around the globe, DAOWallet’s innovative design supports a wide range of currencies, including Bitcoin and Ether for crypto, Tether and TrueUSD for stable coin, and Euro via SEPA and USD via Swift for fiat.

DAOWallet also interacts with Ether Scan to provide efficient gas pricing, as well as all major exchanges such as Binance, Kraken and Bitfinex, ensuring the very best rates for MoneyMatrix’s operators.

For peace of mind, DAOWallet’s pioneering AML and compliance tools scour the history of all incoming cryptocurrency transactions, eliminating any potential concerns regarding both the history of the user and of the specific coins.

DAOWallet operators further benefit from its crypto processing licence, which ensures all transactions on the operator side are fiat only – another key element ensuring every transaction is fully compliant on all sides.

With usability for both partners and players as a priority, DAOGroup CCO, Glen Bullen, sees DAOWallet as a game-changer when it comes to offering a new era of seamless crypto gaming transactions:

DAOWallet brings something entirely new to the table compared to other wallets out there. Specifically designed for gaming, we give our partners peace of mind that they’re in full control of their funds and not at the mercy of gas prices, exchange volatility and commissions, or shifting regulatory requirements.

We’ve seen a huge surge in interest and activity in crypto use across the iGaming sector this year and we’re confident our solution will prove a real asset when it comes to both re-engaging our partners’ players along with supporting their expansion into new markets after this year’s downturn.

DAOWallet is scheduled to go live on MoneyMatrix at the end of September. Commenting on the deal, Sean Spiteri, Head of Vendor Management at MoneyMatrix, added:

Offering our customers the best gaming experience requires catering to their every need and utilising the best products available.

DAOWallet has real potential to be a true industry game-changer and we’re delighted to be one of the first major groups to be adopting their solution – we’re sure it will prove to be of significant benefit to both our partners and their players.

For more information about this press release please contact Square in the Air via [email protected]

About DAOWallet

DAOWallet is the pioneering B2B cryptocurrency-fiat gateway solution for iGaming operators and platforms worldwide.

Offering a collection of user-centric tools and benefits, including crypto provenance tracking, low-cost exchange rates and integrated KYC and AML, DAOWallet is capable of seamlessly delivering a new, global audience of cryptocurrency users to partner brands.

Currently supporting Bitcoin, Ether, Tether and TrueUSD, as well as fiat payment options including Euro via SEPA and USD via Swift, DAOWallet offers complete payment flexibility to partners and their end users.

Registered in early 2020, DAOWallet, a partner brand of the DAOGroup, is a product of DWlab Crytech OÜ, a private limited company registered in Estonia.

For further information please visit: http://www.daowallet.com.

About MoneyMatrix

MoneyMatrix is an EU licensed Financial Institution and PCI DSS Level 1 Certified PSP and Payment Gateway for online real-money gaming and digital industries. We process payments in over 100 countries. The MoneyMatrix platform aggregates payment, risk management and ‘Know Your Customer’ solutions allowing online businesses to safely process internationally through a single integration.

Why Choose MoneyMatrix?

MoneyMatrix is adaptable to any online sector and has an experienced risk management team in mitigating high risk within real-money gaming payment processing. Merchants using MoneyMatrix benefit from:

  • High-end payments, risk and KYC technology partners
  • Swift onboarding and instant payment portfolio access
  • Full chargeback management service
  • Real-time monitoring applications
  • Real-time simulator and rules engine
  • Latest encryption and tokenization service
  • Customizable and highly intuitive back office application
  • Experienced team and 24/7 operational support