😆 The Paysafe🇬🇧 payment platform launches "Pay by Bank" for online casinos

Morgan Ellis

😆 The Paysafe🇬🇧 payment platform launches "Pay by Bank" for online casinos

The new solution allows players who bet online in the U.S.🇺🇸 to instantly and securely top up deposits at the operators' cashiers.

➡️ Advantage for the player: A first-time bettor can instantly top up their deposit by synchronizing their current or savings account. For regular players, Pay by Bank allows one-click payments from linked accounts. Additionally, winnings can be easily withdrawn. According to the company's observations, 27% of players prefer to make transactions through direct bank transfers, and now have that possibility.

➡️ Advantage for the operator: With a single integration, operators can access the widest spectrum of traditional and alternative payment methods in the market, encompassing 260 payment instruments in 40 currencies. The "Pay by Bank" gateway connects operators with card payments processed by Paysafe, the digital wallet Skrill, the online solution for cash Paysafecash, and other options. Furthermore, all transactions made through Pay by Bank are reimbursed, thereby reducing the operator's liability in the event that a player makes a deposit from a bank account that is not their own.

➡️ The key to success is the convergence of traditional and online payments.

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