CreditPilot Enters the eSports market

USA - English

• USA - English

COLOGNE, Germany, Aug. 23, 2019 /PRNewswire-PRWeb/ -- CreditPilot, a financial technology company specializing in digital and mobile financial services, and transaction and payment infrastructure will provide payment processing and acquiring services to DeStream, a financial platform for eSports and live game streaming. This implementation represents the first deployment of CreditPilot's payment processing technology into the eSports market. The solution went live on August 20, 2019, the first day of the Gamescom'2019 trade show in Cologne (Germany).

CreditPilot's A2A technology will power the DeStream platform with a number of payment methods, including payment cards and e-wallets, both for acquiring and payouts. Later in 2019, cash payments in retail outlets, prepaid airtime, and direct carrier billing will also become available in selected countries.

Commenting on the announcement, Mr. Felix Poliansky, CreditPilot's vice president for mobile and digital financial services, said: "We are thrilled to become a part of the emerging eSports market that is expected to exceed $1B revenue volume in 2019, with about 450 million eSports viewers worldwide. We expect that over the coming years, more markets will require the versatility and integration capabilities of CreditPilot's platforms."

Mr. Tachat Igityan, DeStream's CFO and co-founder, added: "It's our pleasure to be working jointly with such a reputable partner as CreditPilot to produce a disruptive service that never existed before, and deliver this new opportunity to the streaming and gaming market. DeStream's intention to create a new financial backbone for this rapidly growing industry and to revolutionize both content creators' and viewers' experience is becoming a reality today."

About CreditPilot:

CreditPilot is a European financial technology company specializing in digital and mobile financial services, transactional and payment infrastructure. The company champions financial inclusion and equal access to financial services for all people, regardless of location and income. In 2018, CreditPilot's various platforms, developed, owned or operated by the company and/or its affiliates or licensees, have processed approximately €2.7 billion worth of transactions. CreditPilot is a full member of ITU, United Nations' telecommunications regulatory body, and active participant of ITU's Financial Inclusion Global Initiative (FIGI).

CreditPilot's flagship product for non-financial consumer-facing businesses is A2A (Any2Any), a digital payment ecosystem, that enables mobile network operators and retail businesses to provide mobile financial services and digital financial services to their customers. A2A is available through various mobile operators to almost 100 million people across the world as of June 2019. To know more about CreditPilot, visit us on http://www.creditpilot.com, and follow us on Twitter at @CreditPilot.

About DeStream:
DeStream is a blockchain-based financial ecosystem for the streaming industry which aims to disrupt the sector by significantly improving its donation mechanics, allowing for much lower commissions (0.77% per transaction) empowering IoT solutions. The company supports its own eSports tournament in multiplayer and solo disciplines like Fortnite, DotA 2 and CS:GO.

DeStream uses its internal currency, DST, to fuel operations within the ecosystem, namely, to facilitate purchases at the DeStream marketplace where goods and services from the company's partners are to be offered. DST token is listed with Midex cryptocurrency exchange. The company was founded in 2017, its headquarters is located in Tallinn, Estonia.

For further information, contact:
Credit Pilot PLC:
Lilian Waceke Tel.: +357 25 080000 | Email: [email protected]

DeStreamWorld OÜ:
Sophia Pascual Tel.: +372 634 6478 | Email: [email protected]

SOURCE Credit Pilot PLC