Specialised payments network Paysafe has announced a Betfred USA Sports agreement under which its Skrill digital wallet will be added to the payment methods of the sportsbook.
The digital wallet was incorporated into the newly launched smartphone and online sportsbook for the Iowa market by Betfred USA Sports.
Customers in the state will look to benefit from the ‘speed, protection and reliability of a mobile-responsive digital wallet’ as a result of the Betfred USA Sports partnership. In addition, Skrill’s experience with sportsbooks, including the European brands of Betfred Group since 2006, also sees the company anticipating a ‘strong wagering experience’.
Bryan Bennett, Betfred USA Sports’ Chief Operating Officer, commented: “Funding accounts with multiple deposit methods sets us apart from other competitors. Skrill gives our players more flexibility by supporting popular international and local payment providers.”
Following the launch of the Skrill Visa Prepaid Card in January, Skrill ‘s alliance with Betfred USA Sports is the latest deal in the US expansion of the company. This year, with over a third of Americans (36 percent) using the method at least monthly in Q2, according to Paysafe ‘s study, digital wallets have also come into prominence.
Players will be able to use the digital wallet to make a deposit on the Iowa-facing online portal of betfredsports.com after transferring funds into their Skrill account. In addition, they can then bet on a wide range of sports, covering professional and college football , basketball, American, and a number of leagues and sports abroad.
Winnings can also be withdrawn directly into the Skrill accounts of players and, once deposited, funds can be transferred to the bank accounts of consumers in real time or withdrawn directly from the Skrill Visa Prepaid Card as cash at an ATM.
Lorenzo Pellegrino, CEO of Skrill, NETELLER, and Income Access at Paysafe, commented: “As part of our broader American expansion this year, we’re delighted to extend Skrill’s global partnership with Betfred to support Betfred USA Sports’ growth in Iowa and beyond.
“We’re confident that our digital wallet, which has been developed specifically for online gaming, will provide Betfred USA Sports and its players with a payment method that streamlines, simplifies and ultimately improves the wagering experience.”