It will run on the Funanga platform.
Paylado, a cash top-up service, was created by Funanga, a European e-payment company known for its focus on security and partnerships in point-of-sale payments.
The Paylado app works with unique barcodes that customers generate in their digital wallets. These codes are scanned at the point of sale, allowing users to top up their Paylado wallets.
Funanga CEO, Jens Bader, said that the Paylado team has created an innovative payment solution that should be reliable, user-satisfying, easy to use, and very secure, especially in the iGaming industry.Rupert Kainzbauer, CEO of Paylado/EPG Financial Services, expressed confidence in Funanga, noting their security, regulatory compliance, and technical quality. He also emphasized the importance of having a wide network of outlets to provide access to a variety of payment methods.
These developments are an extension of the Gauselmann Group's efforts in the gaming and entertainment industry. For example, their subsidiary Edict eGaming has partnered with mybet to provide Merkur games through their Edict aggregator solution.