November 23, 2023
Elevating the UK player experience: PokerStars selects Plaid for seamless payments
Head of Product, Europe
Open Banking payments are growing exponentially and creating better consumer experiences in many industries. Plaid is delighted to announce that PokerStars, one of the world's leading online poker platforms, has partnered with Plaid to enhance the player experience globally by making it easier for players to authenticate their bank accounts and move money in and out of their PokerStars account.
Starting today, UK users can “Pay by Bank” using Plaid’s Payment Initiation Service (PIS) technology to quickly and securely fund their account. Players can also withdraw funds instantly with Plaid’s Payouts technology. Pay by Bank will allow players to seamlessly make payments directly from their bank accounts.
“Pay by Bank not only simplifies the payment process, but also enhances security, as sensitive financial information remains confined within the bank’s secure environment. With Plaid’s payment solution, depositing funds to PokerStars accounts is safe and convenient.” Olga Gunchenkova, Associate Director Payments Strategy at PokerStars
Plaid is also delighted to partner with PokerStars on their withdrawal proposition. We know how important it is for players to withdraw their winnings as fast as possible and so it was crucial to make the journey as seamless as possible.
“With Plaid Payouts, withdrawal of winnings to a bank account takes a few clicks and the players get instant access to their money. Payouts are issued via Faster Payments, arriving in a user’s account right away.” explains Olga.
PokerStars and Plaid share a common vision - to create extraordinary experiences for our customers. Together, we’re dedicated to raising the bar in online gaming, bringing innovation and convenience together in harmony. Today’s announcement for UK players is the first step in our global partnership. Watch this space for more exciting updates in Europe.