Paysafe Teams Up With Skrill

Paysafe Teams Up With Skrill

Lillie Mcguire
Posted on July 12, 2019 at 3:07am

eCommerce sites in the United States still sees some unexpected restrictions. A research project recently revealed that only 22% of small US online merchants allow direct bank transfers. This means that online purchases can still be frustratingly slow, if the venue is one of the other 78%.

Taking this information to heart, Paysafe Group has come up with an elegant solution. The company reached out to Skrill USA, and a partnership was formed. The result is a payment network that allows US residents with a Skrill digital wallet a Rapid Transfer option. This means fast, easy payments, even if a website does not allow for a direct bank transfer. This service has already been available in 18 European countries, and is now also in the US market.

Fast & Easy Payments

Using the Rapid Transfer option is quick and easy. No additional ID verification methods are required, meaning that a simple click and pay system is utilised. The transfer of funds will be instant, eliminating the days, or even weeks, that were previously required for certain payments to clear. The Rapid Transfer system is compatible with online shopping on a global scale, and with online casinos.

Needless to say; the structure is also guaranteed safe and reliable. The same research project revealed that 30% of digital shoppers in the US are concerned about security, a concern that Paysafe and Skrill aimed to address. Both organisations have a spotless record, prioritising impenetrable 64bit encryption software.

Going Global

Rapid Transfer went live in Europe in 2016. It was originally made available in Austria, France, Germany, the United Kingdom, Italy, and Spain. After seeing success in these countries, the service was expanded to Belgium, Netherlands, and the Baltic states. Adding the US has now finally linked the two markets, allowing for broader freedom of payment options than ever before.

Skrill was officially launched in 2001. The company has evolved dramatically over the years, and is now recognised as a leader in payment processing technology. New innovations keep the company on the cutting edge, with their advancements in eWallets and other payment expertise being considered the industry standard. This latest initiative is just another example of why they are so trusted.

US residents who prefer online banking to the traditional alternatives will be eager to adopt the new Rapid Transfer system. Digital casino enthusiasts are also in for a treat, with delays in receiving payouts into bank accounts now a thing of the past.


More News

Canadian Clothing Brand Supports Autism Month

Lillie Mcguire
Posted on April 09, 2021 at 3:04am
Canadian Clothing Brand Supports Autism Month

Local Laundry, a Calgary-based brand, has renewed its partnership with Kodette LaBarbera, the former reality television star of Hockey Wives of Canada

New Casino Money Laundering Testimonies

Lillie Mcguire
Posted on April 09, 2021 at 3:04am
New Casino Money Laundering Testimonies

The search for answers and accountability remains ongoing as the Cullen Commission continues its inquisition and enquiry into British Columbia’s

PLAYSTUDIOS Commission Huge Bingo Artwork

Lillie Mcguire
Posted on April 09, 2021 at 3:04am
PLAYSTUDIOS Commission Huge Bingo Artwork

Popular casino game developer PLAYSTUDIOS has collaborated with some of the most talented artists that Las Vegas has to offer. The one-of-a-kind artwo

Foot Injury Puts Andreescu Out Of Billie Jean Cup

Lillie Mcguire
Posted on April 08, 2021 at 11:04am
Foot Injury Puts Andreescu Out Of Billie Jean Cup

One of Canada’s brightest and youngest tennis stars, Bianca Andreescu, has announced that the foot injury she sustained during the final of the

Hellmuth Defeats Negreanu In Epic Comeback

Lillie Mcguire
Posted on April 07, 2021 at 1:04am
Hellmuth Defeats Negreanu In Epic Comeback

Few head-to-head matches in the Poker world have been as hotly anticipated as Hellmuth versus Negreanu. For weeks prior to the event, the pair took sh

Casino’s Smart Fish Tank Causes Issues

Lillie Mcguire
Posted on April 07, 2021 at 1:04am
Casino’s Smart Fish Tank Causes Issues

An unconventional casino hack is once again placing new emphasis on the many dangers connected to a world in which devices are capable of communicatin

GCGC Online Gambling Briefing

Lillie Mcguire
Posted on April 07, 2021 at 1:04am
GCGC Online Gambling Briefing

On 5 April 2021, the Great Canadian Gaming Corporation provided a briefing on its previously agreed upon online gambling deal with Raptor Acquisition

Study Shows That Dr Google Isn’t All Bad

Lillie Mcguire
Posted on April 01, 2021 at 2:04am
Study Shows That Dr Google Isn’t All Bad

We use Google for everything, from finding the best casino games to diagnosing why we’re feeling under the weather. And while the former is a gr

Alberta Welcomes Evolution

Lillie Mcguire
Posted on April 01, 2021 at 2:04am
Alberta Welcomes Evolution

The Alberta Gaming, Liquor & Cannabis Corporation has revealed that it plans to expand its online casino offerings throughout the province. Made p

Online Gambling Canada Predicted To Hit $8Bn

Lillie Mcguire
Posted on March 18, 2021 at 12:03pm
Online Gambling Canada Predicted To Hit $8Bn

Boston based iGaming mega-corporation DraftKings has made a bold claim. Namely that the sports betting and online gambling Canada industry will genera