LIMASSOL, Cyprus, April 24, 2023 /PRNewswire/ — Praxis Tech Ltd, a leading provider of cutting-edge payment technology software, is pleased to announce the expansion of its partnership with SoftGamings, a renowned developer of gaming software in line.

The collaboration between the two companies will see Praxis Tech offer some of its latest product features and enhancements; including Merchant Initiated Transactions (MIT), which transform and facilitate the customer experience by facilitating one-click payments for customers. Employing this feature significantly increases conversions and improves the customer experience for SoftGamings operators. Simultaneously, Praxis will also provide access to its latest crash recovery features, ensuring that SoftGamings operators can significantly increase their revenue.

The expanded partnership will allow SoftGamings operators to take advantage of Praxis’ extensive arsenal of 525 pre-integrated PSPs or even get into the realm of exploring new PSP integrations that Praxis can quickly add. Overall, the partnership will allow SoftGamings operators to advance their global expansion efforts and enter new markets with ease.

Praxis Tech CEO Amit Klatchko explained: “We are delighted to expand our partnership with SoftGamings, a company that shares our passion for innovation and delivering the best possible payment experience to customers. We recently made leaps and bounds with respect to to the development and improvement of our product. We believe our latest technological advances will help take SoftGamings products to the next level and we are excited to be a part of their continued growth and success.”

SoftGamings Head of Banking and Payments Anna Marinuka added: “We are delighted to extend the scope of our relationship with Praxis Tech, a company at the forefront of payments technology orchestration. We can now offer our operators access to Praxis 24/7 support team and even if any of our operators require assistance, Praxis’ innovative solutions provide our operators with an even more immersive gaming experience for their customers.”

He went on to explain that “we will work closely together to integrate the latest technological advances from Praxis Tech into more of our products, giving our operators the ability to improve their global reach and revenue.”

The partnership is expected to have a significant impact on the online gaming industry, and both companies are excited about the opportunities it presents.

Visit the Praxis Tech website for more information.

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