The Cyprus-based paytech Praxis Tech announced a partnership with the igaming software giant, Softswiss, which provides its clients a full-service infrastructure, including payment processing. As an omnichannel gateway provider, Praxis Tech offers Softswiss and its more than 300 clients a vast portfolio of PSPs and cashier opportunities. The partnership enables Softswiss to expand globally as the Praxis payment solutions allow it to address the requirements of different jurisdictions.
Founded by Ivan Montik and Dmitry Yaikau in 2008, Softswiss offers iGaming software products that comply with the requirements of multiple national regulators. Holding several gambling licenses themselves, they also offer ‘one-stop’ White Label solutions for starting online casino or sports betting businesses. The Softswiss client network counts over 600 iGaming brands working on its Casino Platform alone.
To streamline the user experience while increasing payment transaction approval rates and revenue generation, SoftSwiss partnered with Praxis Tech.
After the initial onboarding procedure, taking a mere 3 hours, Softswiss was able to roll out Praxis Tech‘s solution to its clients, thereby giving access to a network of 510+ PSPs and over 1000 APMs.
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.
Amit Klatchko, PraXis Tech Founder and CEO
Praxis’ CSO, Natalie Agopian, explained that “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, explained that “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.“