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Immediate settlement with the customer thanks to the automation of financial transactions - Solwit | Software Development | Tests | Cloud Services

Immediate settlement with the customer thanks to the automation of financial transactions

0 x

less work

0 x

faster transactions

lower transaction costs

0 x

less work

0 x

faster transactions

lower transaction costs

Important information

Client:

STS Gaming Group

Sector:

Betting company

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STS is the biggest betting company in Poland. With a rise in sports betting entertainment popularity it had to face the challenge of expanding its existing STSPay system to facilitate the payout process.

Challenge

Betting and collecting the bets was done automatically, although, payouts had to be performed manually.

STS cares much for analyzing behavior of their clients. The company has designed and implemented its own STSPay software including a stable application which serves users throughout the peak usage moments, during sporting events, utilizing cloud technologies.

The information about winning a bet was being displayed in the application with no delay, yet the client had to wait for several days until the prize was transferred to the right account.

Solution

Expanding the STSPay system and automating the payout process by means of cloud solutions.

As betting on sports had been gaining in popularity it was necessary to expand the STSPay service and adjust it to the current business needs. To do that STS needed a reliable partner with experience in transaction systems, as well as cloud technologies.

To reinforce its leadership in the field of sports betting STS wanted to give its clients the ability to enjoy their prizes without any delay. This innovation required expanding its cloud service to new functionalities ensuring the clients with reliable service even in the peak activity moments.

Result

STSPay payouts finished 3 times faster

The time required to finalize a payout has been reduced three times thanks to automating business processes with the PaaS and IaaS services integrating cloud-based banking.

Thanks to many years of experience in developing a wide array of software a team of Solwit’s specialists provided STS with a top-of-the-line software solution expanding the STSPay system and automating the payout process.

To achieve the goal STS needed a reliable partner with experience in transaction systems, as well as cloud technologies.

Our experience in introducing BigData solutiona and the BigQuery product allowed us to improve the speed of processing transactions without compromising security in any way. That is why the new data warehouse is effectively facilitating adjusting the offer to the clients’ needs.

Immediate availability of the prize money has increased overall client satisfaction, while automation of the payout process has reduced the total cost of the service. 

About company

STS is the biggest betting company in Poland. It also operates abroad, with its branches all over the world, in countries such as: The Great Britain, Germany, Iceland, Luxemburg, Slovenia, Slovakia, Andorra, San Marino, Gibraltar, Malta, and Latvia.

Due to a rapid growth of the company in recent years, STS has dominated the legal betting sector in Poland – it has expanded its share in the market to more than 47%. STS provides the 24/7 availability of its services and offers bets regarding all leagues, cups, and tournaments all over the world. The company covers over 30 000 matches a month before, as well as during every serviced event.

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