Skrill USA enhances digital wallet for iGaming with major product revamp
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.