A OneKey Payments, a payment institution licensed by the Central Bank, was selected by Bell Ventures Digital as the official partner to process the financial transactions of BandBet, Brazil's new online sports betting and gaming platform. The project is the result of a licensing agreement with Grupo Bandeirantes de Comunicação and marks the entry of OpenBet into the Brazilian market.
BandBet, together with Bell Ventures Digital, is among the entities authorized by the Ministry of Finance to operate in the national territory during the transition period at the end of the year, according to ordinance 1475/24.
César Garcia, CEO of OneKey Payments, celebrated the partnership and highlighted that the company's selection to integrate the soft-launch of BandBet is an important milestone.
“Our experience with payment solutions aimed at the digital market and the ability to offer a robust and secure infrastructure positions us as a strategic partner for companies looking to grow responsibly in Brazil. We are ready to support BandBet in providing a reliable and efficient payment experience to users, meeting the demands of a highly competitive and regulated sector".
Ricardo Bianco Rosada, member of the Board of Directors of Bell Ventures, commented on the choice of OneKey Payments for the initial phase of the operation.
"BandBet was looking for a payment partner that combined security, innovation, and deep knowledge of the Brazilian market. OneKey Payments proved to be the ideal choice due to its track record in meeting the needs of regulated sectors and its ability to ensure fast and secure transactions. We trust that, with them, we will have a smooth and efficient operation from the start, crucial for consolidating the trust of our users and partners".
The soft-launch of BandBet marks the beginning of a new chapter for the sports betting market in Brazil, at a time when the sector has faced debates about regulation and transparency. The partnership reinforces the commitment to compliance with the rules established by Brazilian authorities and the promotion of a safe and reliable environment for consumers.
OneKey Payments is an IP expert in payment technology licensed by the Central Bank, offering a complete BaaS (‘banking as a service’) that allows companies to scale their inbound and outbound transactions simply and securely, with total performance optimization.
The company presents a complete international gateway solution with easy plug and play integration and payment solutions in Brazil and around the world using Pix and bank slips, among other methods.
Source: GMB
