Paysafe wins ‘Payment Innovation’ Award at 2022 SBC Awards North America
July 18 2022 - 4:00AM
Business Wire
Company recognized for tech upgrade of Skrill USA digital wallet
to support instant funding of deposits and payouts plus VIP player
program
Paysafe (NYSE: PSFE), a leading specialized payments platform,
has won in the ‘Payment Innovation of the Year’ award category at
the 2022 SBC Awards North America, held Thursday, July 14th, at
Pier Sixty in New York City. The award recognizes the product
revamp of Paysafe’s Skrill USA digital wallet to enable players to
instantly fund iGaming deposits and receive payouts, while also
tailoring the wallet for high-stakes bettors with a VIP player
program.
Held on the final evening of this year’s SBC Summit North
America gaming industry conference in New Jersey, the 2022 SBC
Awards North America honored the U.S. and Canadian iGaming
operators and service providers like Paysafe that have excelled and
innovated in their business areas over the last 12 months. Last
October for the NFL season, Paysafe unveiled the revamped Skrill
USA wallet, which now allows players to log-in and fund their
player accounts within seconds through instant online bank
transfer.
Boasting a state-of-the-art ‘look and feel’ and all-new user
experience (UX), the upgraded Skrill USA wallet enables players to
access their winnings in their Skrill account in real-time. Payouts
can then be transferred into players’ linked bank accounts.
Paysafe continued to bolster the Skrill USA wallet into 2022
with the launch of a VIP player program in May. The program caters
to high-stakes U.S. sports bettors and iGaming players, a customer
segment that prefers digital wallets over all other payment
methods, according to Paysafe’s 2021 iGaming research. Through the
program, operators can set single transaction limits for players
that are as much as several hundred times the Skrill USA wallet’s
standard limit, depending on individual KYC verification.
Zak Cutler, EVP and President of Global Gaming at Paysafe, said:
“We’re honored to receive the ‘Payment Innovation’ Award at this
year’s SBC Awards North America for our all-new Skrill USA digital
wallet. The award recognizes Skrill USA as a game-changer for U.S.
iGaming brands and their players, especially their VIP customers,
and it reflects the incredible dedication and passion of our entire
team, who continue to knock it out the park.”
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 over U.S. $120 billion in 2021, and
approximately 3,500 employees located in 10+ countries, Paysafe
connects businesses and consumers across 100 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. As of July 18th, 2022, the company supports 75%
of operators in the country with payments or marketing solutions
across 22 jurisdictions. In Canada, Paysafe also has a leading
position and partners with the majority of regulated iLottery and
gaming brands.
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version on businesswire.com: https://www.businesswire.com/news/home/20220718005274/en/
For further information, please contact: Nick Say, Senior
Manager, Corporate Communications, North America, Paysafe E:
Nick.Say@Paysafe.com
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