Source = http://www.24-7pressrelease.com/pres...pal-109583.php



STOCKHOLM, SWEDEN, July 26, 2009 /24-7PressRelease/ -- GTECH G2 has signed a landmark deal with PayPal, a worldwide leader in the field of electronic money transfers, enabling its UK bingo partners to offer their players the ability to transfer funds quickly and cost effectively online.

The first partner to offer PayPal to its UK customers is ChitChat Bingo while other GTECH G2 UK-facing partner sites such as Littlewoods, Yahoo, Ann Summers, BingoJoy, InterBingo and MetroBingo go live next month.

"We are very excited about being able to offer our UK bingo partners the comfort, ease and security that comes with using the PayPal service," says Johan Berg, COO of GTECH G2.

"This is a great opportunity for us as our worldwide lottery and gaming industry expertise is now coupled with the world's leading e-wallet solution in PayPal. "We are always looking at ways to serve our bingo licensees better and this latest deal will further enhance our already very high level of core capabilities in this high-growth area." continues Berg.

PayPal is the best-known e-wallet solution for the UK and is used primarily to facilitate buying and selling on the online auction site eBay.

PayPal allows any business or consumer with an email address to securely, conveniently and cost-effectively send and receive payments online. The service has over 23 million user accounts in the UK, which represents two out of three online shoppers. Users can pay with PayPal on over 165,000 merchant websites across Britain and the rest of Europe.

For further information:
GTECH G2
Mery Blomqvist, Head of Marketing & PR
+46 (0) 8 509 200 02
mery.blomqvist@gtechg2.com


About GTECH G2
GTECH G2 brings together — under one brand — the combined expertise of GTECH and its extensive lottery insight with leaders in the interactive gaming world providing a complete gaming portfolio of poker, bingo, casino, sportsbetting, fully managed services and instant games. The group includes Boss Media (www.bossmedia.com), a leading innovator in software and systems for Poker, Casino and Bingo entertainment; Finsoft (www.finsoft.com), a leading provider of enterprise-wide real time trading solutions for the commercial sports betting industry - both interactive and retail; St Minver (www.stminverltd.com), a fully managed service provider of Internet games to media, lifestyle, and other brands; and Dynamite Idea (www.dynamiteidea.com), a developer of unique, innovative digital instant and side games. Consolidating combined talent and expertise into one premiere brand means that GTECH G2 can provide a flexible digital solution to all customers, large or small, wherever they may be.

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