Paysafe facilitates instant deposits & rapid payouts in Ontario via new Skrill wallet

The igaming-tailored wallet also features an enhanced UX for players in the province

Paysafe has gone live in Ontario with its upgraded Skrill digital wallet for igaming, an offering designed to securely support instant deposits directly from players’ Canadian bank accounts.

The revamped digital wallet also serves to speed up the payout process while adding a streamlined and intuitive user experience (UX) for players.

Wednesday’s development was an expected one, after Greg Kirstein, Paysafe’s VP of Business Development for the North American gaming space, told this site earlier this year that the switch was in the works.

Kirstein’s declaration came as part of a discussion on the payment tech provider’s ‘All the way players play’ research report, which outlined that 73% of Ontarian online sports bettors have deposited at sportsbooks using a digital wallet.

Commenting on the company’s upgraded offering in Ontario, Zak Cutler, President of Global Gaming at Paysafe, said: “Since we first rolled-out the new Skrill in the US two years ago, we feel it’s been a game changer for the payments experience of American players.

“We expect the upgraded wallet to be just as well received north of the border, with Skrill giving Ontarian operators a competitive edge when it comes to acquiring and retaining their customers.”

Online bettors in the province can also transfer funds to their Skrill wallet balance using the Paysafecash eCash solution, with returning users benefiting from an even quicker redeposit process, skipping log-in (when ‘remember me’ is activated) to deposit with a single click.

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