Skrill USA Enhances Digital Wallet for iGaming
October 21 2021 - 4:00AM
Business Wire
Major upgrade with instant deposits and payouts plus optimized
UX is a game-changer for sports betting with Paysafe’s Skrill USA
for the 2021 NFL season
Skrill USA, the digital wallet from leading specialized payments
platform Paysafe (NYSE: PSFE), today unveiled a major product
revamp to make it easier and faster than ever to wager online with
iGaming brands. The first of several planned upgrades equips the
Skrill wallet, which is specifically tailored for iGaming, with all
the features that players want – from instantly funding deposits
and receiving payouts to an effortless and intuitive user
experience (UX).
With Paysafe's Q4 2020 research revealing that U.S. sports
bettors consider fast and frictionless payments the top factor when
choosing an online sportsbook (and more important than brand
reputation, odds, sports markets, and bonuses), Skrill USA has
responded to better support operators and their customers. For the
NFL football season, it now takes seconds for new and existing
Skrill customers to register or log-in, fund their player account
and start wagering. Through Skrill, players can fund a wager direct
from their bank account via instant online bank transfer, and also
load funds to the wallet balance using a credit or debit card, and
paysafecard or Paysafecash eCash solutions.
The iOS, Android, and desktop Skrill applications have been
enhanced with a state-of-the-art ‘look and feel’ and streamlined UX
developed to meet the needs of the casual or VIP player on-the-go
in 2021. The all-new ‘tiled’ display centralizes the vital info a
player needs to deposit, ensuring the payments experience is
quicker and uninterrupted.
Following a frictionless registration process for first-time
Skrill users, their bank accounts are rapidly yet securely linked
to their Skrill accounts to allow instant deposits, and with funds
fully guaranteed to gaming operators by Skrill. Alternatively,
Skrill customers can simply enter their credit or debit card info
or use either paysafecard or Paysafecash, which are both available
at thousands of U.S. in-store retailers, to seamlessly fund their
Skrill accounts, and then deposit to wager with iGaming brands.
For returning players, the depositing process is even simpler.
The log-in page’s ‘remember me’ functionality allows customers to
skip straight to funding their deposit, now taking a single click,
streamlining the ability of customers to rapidly repeat a
deposit.
Receiving payouts is just as simple, with winnings accessible to
players in their Skrill account in real time. Payouts can be spent
online and offline using the Skrill Visa® Prepaid Card1,
withdrawn directly as cash at an ATM or transferred into players’
linked bank accounts. Customers can even decide to invest their
winnings directly into cryptocurrency through Skrill’s integrated
crypto exchange feature.
Paul Jardon, CEO and CFO of Skrill USA, Inc., said: “We’re
excited to roll-out a major product upgrade for our digital wallet.
Players using Skrill USA to wager with U.S. iGaming brands will
enjoy the wallet’s sophisticated user experience and find it’s
faster than ever before to make a deposit and to receive payouts of
their winnings.”
Zak Cutler, CEO of North America iGaming at Paysafe, commented:
“Payments are one of the main pillars of customer conversion for
U.S. iGaming brands. With an unparalleled payments experience, the
new Skrill USA digital wallet will give operators an edge when it
comes to customer acquisition and retention – we feel it’s a game
changer for the increasingly competitive U.S. market.”
Note to editors
1 The Skrill Visa® Prepaid Card is issued by Community
Federal Savings Bank, member FDIC, pursuant to a license from Visa
USA Inc.
About Skrill USA, Inc.
Skrill USA has been making digital payments simple, secure and
quick since 2001. We’re an acknowledged world-leader in developing
global payment solutions for people’s business and pleasure,
whether they’re depositing funds on a gaming site, buying online or
sending money to family and friends. We also meet the needs of
businesses worldwide, helping them build a global customer base and
drive growth.
The assets, liabilities, and results of operations of Skrill USA
are consolidated in Paysafe Limited’s consolidated financial
statements; however, Paysafe Limited has no direct equity ownership
in Skrill USA.
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading
specialized payments platform. Its core purpose is to enable
businesses and consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With over 20 years of online
payment experience, an annualized transactional volume of U.S. $100
billion in 2020, and approximately 3,400 employees located in 12+
global locations, Paysafe connects businesses and consumers across
70 payment types in over 40 currencies around the world. Delivered
through an integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments. Further
information is available at www.paysafe.com.
About Paysafe iGaming
Paysafe brings over two decades of specialized payments
experience supporting the global iGaming and sports-betting sectors
and provides operators with a comprehensive suite of traditional
and alternative payment methods through a single, streamlined API
integration. Paysafe is also a leader in digital and affiliate
marketing technology and services for iGaming operators through its
Income Access business unit.
Since the opening-up of the U.S. iGaming market in May 2018,
Paysafe has consistently stated its ambitions to be the payments
leader in the fast-growing sector, building on its leadership in
Canada and Europe. The company now supports 75% of operators in the
country with payments or marketing solutions across 18 different
jurisdictions. In Canada, Paysafe also has a leading position and
partners with the majority of regulated iLottery and gaming
brands.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211021005335/en/
For further information: Nick Say, Manager, Corporate
Communications, North America, Paysafe T: +1-514 452-8747 /
Nick.Say@Paysafe.com
Paysafe (NYSE:PSFE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Paysafe (NYSE:PSFE)
Historical Stock Chart
From Apr 2023 to Apr 2024