EML launches payments card with PointsBet in New Jersey

Company News

by Anna Napoli

Payment Solutions Company EML Payments (ASX:EML) has launched a branded payments card program with PointsBet USA in the state of New Jersey.

The payments card will provide PointsBet players the opportunity to remit funds into theor gaming account, as well as fast access to their winnings.

EML and PointsBet will also partner together throughout the US as PointsBet obtains licenses in states that elect to legalise and regulate sports betting.

The company says it is now managing 11 branded reloadable prepaid programs in the gaming industry across Australia, Europe the UK and US.

Shares in EML Payments (ASX:EML) are trading 1.03 per cent lower at $1.44.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.