A major step has been taken by LSports, after beginning a collaboration with fintech crypto company, Payhound, in hopes of improving payments for clients.

Crypto Company Payhound Begins Collaboration With LSports

LSports has become a well-respected organization after offering sports data to a variety of operators and have chosen Payhound to support payment solutions.

Acquiring Payhound’s services means LSports can now receive payments from clients in a new format, that should be far smoother and safer.

This deal will essentially improve all aspects of LSports’ site, focusing on the transaction of funds and everyday operations – with help from the fintech crypto company.

Payhound was created in 2018 and is an expert organization in the cyprto industry, overlooking various transactions and making them as seamless as possible – similar to the safety of fiat currency transactions.

A spokesperson from LSports spoke about the new collaboration and how Payhound can take full advantage by progressing within the industry.

The spokesperson said: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy.

“This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”

Managing Director at Payhound, Elton Dimech, also revealed the latest on this new partnership and how it can make transactions far smoother and improve user experience.

He said: “We are delighted to service LSports. Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds,

“We look forward to continuing to be their reliable crypto partner in the future.”

In the earlier stages of 2024, LSports agreed another partnership to improve everyday operations, joining with NuxGame.

This deal means that all clients of NuxGame can use the list of sports betting features on LSports and access other products within the site.