Paysafe Introduces ‘Pay by Bank’ to Optimize iGaming Payments in the US
Paysafe has introduced a new payment solution tailored for the US iGaming market called ‘Pay by Bank’. This system allows players to make deposits and withdrawals directly from their bank accounts, facilitating a smoother and faster gaming experience.
Enhancing User Experience in iGaming
Recognizing the varied preferences of online bettors, Paysafe developed ‘Pay by Bank’ to cater to the 27% of players who prefer direct bank transactions.
This offering is designed to integrate seamlessly with players’ bank accounts, enabling quick transfers and immediate access to winnings, which enhances the overall user experience.
A Focus on Security and Efficiency
Zak Cutler, President of Global Gaming at Paysafe, highlighted the dual benefits of speed and security brought by ‘Pay by Bank’. “We’re delighted to unveil our new Pay by Bank product for our iGaming solution, which will almost certainly prove very effective in both converting and retaining players for U.S. operators, with the product’s impressive transactional speed and robust security. Through Pay by Bank, we continue to grow the Paysafe Gateway by providing American operators and their customers with unparalleled payment choices, all through a single integration,” said Cutler.
The launch of ‘Pay by Bank’ is another addition to Paysafe’s portfolio of iGaming payment solutions. With over 25 years of industry expertise, Paysafe continues to support the evolving needs of US iGaming operators and their customers.
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