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Tipico has entered into a partnership with Funaga AG. The new payment method Tipico Pay was jointly developed via the financial service provider’s “Cash to Code” system. The payment method is currently only available in Austria. The market launch in Germany is not planned until next year.

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What advantages does the customer have?

The advantage for the customer is obvious. Each player can make his betting provider deposit in cash or by credit or EC card at over 3,500 points of sale in our neighboring country. The prerequisite for this is that the new payment app is loaded onto the mobile phone. Once this has been done, the desired amount is entered. The payment generator creates a code which is shown at the stationary checkout. The payment is made and the amount is already available for use on the Tipico betting account. There are no fees for this process.

With the “Cash to Code” system, countless goods can be paid for on the Internet in land-based trading. Tipico is the first bookmaker to use this module.

Why Austria?

On the one hand, Austrians are much more advanced than Germany when it comes to innovative payment systems – we are only thinking here of the mobile phone system of the Paybox – on the other hand, Tipico attaches great importance to the market in our neighbouring country. This is underpinned, for example, by numerous marketing measures. Tipico is a name partner of the Austrian Football Bundesliga and supports the top team of Red Bull Salzburg. The former national goalkeeper Michael Konsel is the testimonial in the Alpine country. Whether the bettor is at home in Austria or in Germany, the first deposit at the bookmaker is rewarded with a 100% mach bonus of up to 100 euros.

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