Praxis Partners With SoftSwiss
On August 18, 2022, the Cyprus-based paytech Praxis Tech announced its partnership with SoftSwiss, a leading igaming software provider. SoftSwiss, known for its comprehensive infrastructure solutions, including payment processing, now integrates Praxis’ omnichannel gateway services. This collaboration brings SoftSwiss and its 300+ clients access to Praxis’ extensive portfolio of PSPs and cashier systems. The partnership aims to enhance SoftSwiss’ global reach by addressing diverse jurisdictional requirements through Praxis’ innovative payment solutions.
About SoftSwiss
SoftSwiss, founded by Ivan Montik and Dzmitry Yaikau in 2008, provides cutting-edge igaming software solutions compliant with various national regulations. The company holds multiple gambling licenses and offers comprehensive White Label solutions for launching online casino and sports betting platforms.
Key Achievements:
- Casino Platform: Supports over 600 igaming brands.
- Licenses: Operates under several regulatory frameworks.
- White Label Solutions: Provides turnkey options for new operators.
Partnership Highlights
SoftSwiss partnered with Praxis Tech to streamline payment processing and improve transaction approval rates, ultimately boosting revenue generation. The integration process was completed efficiently, with onboarding taking just three hours.
Benefits of the Partnership:
- Extensive Payment Network:
- 510+ PSPs available.
- Over 1,000 APMs integrated.
- Improved User Experience:
- Simplified payment processes.
- Increased approval rates for transactions.
- Global Expansion:
- Addresses jurisdictional needs with tailored payment solutions.
Statements From Key Stakeholders
Amit Klatchko, Praxis Tech Founder and CEO:
“Praxis’ focus on integrations, new features, security, and stability has made us a go-to solution for more than 65 platform providers. We are happy to provide our technology as a component to serious partners such as SoftSwiss.”
Natalie Agopian, Praxis Tech CSO:
“We make every effort to ensure we’re a reliable partner in every way. We’re able to cater to SoftSwiss’ need for a fast turnaround time – especially when it comes to enabling PSPs at short notice and during off-peak hours.”
Vadim Drozd, Chief PSP Officer at SoftSwiss:
“Praxis’ 24/7 support team assisted us at every stage of the setup and was open to our requests and needs. The whole process was transparent and convenient.”
Technical Capabilities
| Feature | Details |
| Onboarding Time | 3 hours |
| PSPs Integrated | 510+ |
| Alternative Payment Methods (APMs) | 1,000+ |
| Support Availability | 24/7 |
Conclusion
This partnership between Praxis Tech and SoftSwiss demonstrates a commitment to innovation and global reach within the igaming industry. By combining Praxis’ payment expertise with SoftSwiss’ regulatory-compliant software, the two companies are set to deliver exceptional value to their clients. For more information, visit their respective websites: