Fandom Sports
Teams With Paysafe for Payment Services
Vancouver, British
Columbia –November 22, 2021 -- InvestorsHub NewsWire -- Fandom
Sports Media Corp. (CSE: FDM) (OTCQB: FDMSF) (FRANKFURT: TQ43) ("Fandom Sports" or
the "Company"), is pleased to announce that it has teamed with
Paysafe to provide the Skrill and Neteller payment
services.
David Vinokurov, Fandom Sports CEO and
President comments: "We're very excited to be working with Paysafe
and providing our customers with flexible and easy ways to on-board
to our wagering platform www.fandomesports.gg. After completing our banking and payments
integrations, we will be expanding our peer-to-peer wagering market
from Esports to sports, and then ultimately, to having a full odds
line wagering platform."
A recent report from Market Insight
Reports estimated that Esports betting would reach a global value
of over $13 billion by 2025, a significant increase from its
estimated value of $800 million in 20191.
Having a payments partner with global
coverage will help Fandom Sports to operate in different global
markets.
Skrill and Neteller
Skrill and Neteller are part of the
Paysafe Group, a leading integrated payments platform. The core
purpose of Paysafe is to enable businesses and consumers to connect
and transact seamlessly through industry leading capabilities in
payment processing, digital wallet and on-line cash solutions. With
over twenty years of on-line payment experience, an annualized
transactional volume of over $98-billion (U.S.) in 2019, and
approximately 3,000 employees located in 12-plus global locations,
Paysafe connects businesses and consumers across 70 payment types
in over forty currencies around the world. Delivered through an
integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics, and the
convergence between brick-and-mortar and on-line
payments.
Neteller is a digital wallet, which
offers people the ability to send and spend money on-line from a
simple account. It allows customers to upload finances from credit
and debit cards, bank accounts, and a variety of alternative
payment methods, and use those finances to send money to friends
and family or spend on-line wherever they see Neteller at the
checkout. Customers can also use a prepaid Net+ card wherever
Mastercard is accepted. For businesses, Neteller connects them to
millions of wallet holders around the world.
Since 2001, Skrill has been an
acknowledged world-leader in developing global payment solutions
for business and pleasure, meeting the needs of businesses
worldwide, helping them build a global customer base and drive
growth.
-
Source:
https://digiday.com/marketing/as-the-almost-billion-dollar-esports-betting-industry-expands-companies-are-seeing-green-beyond-early-stage-challenges/
About Fandom Sports
Media:
Fandom Sports Media operates an
Esports/Sports wagering platform at www.fandomesports.gg
The platform is the ultimate mobile
friendly application for unfiltered raw Esports and
Sports predictions and data interactions. Fandom allows
passionate fans to unleash their primal passions, make predictions
and/or wagers and earn rewards. Fandom Sports is a web application which instantly
operates on an Android and iOS mobile device targeting "Superfans,"
who aspire to show the world they know their stuff better than the
experts and their friends - giving them a chance to Play, Predict,
and Get Rewarded. Fandom Sports is revolutionizing the way that
consumers interact with streamed and broadcast content through the
creation of www.fandomart.com
the Company's own NFT
marketplace. Fans will be able to tune in, watch, predict, wager
and create NFTs all on-platform.
"PLAY. PREDICT. GET
REWARDED."
For additional Information:
Investor Relations
Email:
info@fandomesports.com
Phone +1 (604) 256 6990
DISCLAIMER:
The CSE has not reviewed and does not
accept responsibility for the adequacy and accuracy of this
information. This news release may contain forward-looking
statements. These forward-looking statements do not guarantee
future events or performance and should not be relied upon. Actual
outcomes may differ materially due to any number of factors and
uncertainties, many of which are beyond the Company's control. Some
of these risks and uncertainties may be described in the Company's
corporate filings (posted at www.sedar.com).
The Company has no intention or
obligation to update or revise any forward-looking statements due
to new information or events. This press release contains
forward-looking statements about FANDOM SPORTS. Forward-looking
statements may be identified by the use of words like "believe,"
"expect," "anticipate," "estimate," "plan," "consider," "project,"
and similar references to the future. Forward-looking statements
reflect FANDOM SPORTS' good-faith evaluation of information
available at the time the forward-looking statements were made.
These forward-looking statements are subject to a number of risks
and uncertainties, and our actual results may differ materially
from those projected. Please refer to FANDOM SPORTS' annual and
quarterly reports filed on SEDAR for a full discussion of those
risks and uncertainties we view as most important. Forward-looking
statements are not, and should not be relied upon as, a guarantee
of future performance or results, nor will they necessarily prove
to be accurate indications of the times at or by which any such
performance or results will be achieved. As a result, actual
outcomes and results may differ materially from those expressed in
forward-looking statements. We undertake no obligation to update or
revise forward-looking statements.
SOURCE FANDOM SPORTS
