Paysafe launches high-stakes digital wallet upgrade

Paysafe has unveiled its new program for its Skrill USA digital wallet, catering to high-stakes online gamblers.

Paysafe has unveiled its new program for its Skrill USA digital wallet, catering to high-stakes online gamblers.

Specialised payments platform Paysafe has unveiled its new programme for its Skrill USA digital wallet, catering to high-stakes online gamblers. 

The new programme, which builds on the recent Skrill USA upgrade, provides enrolled players with the US igaming industry’s highest limits for instantly funding a deposit. 

“As part of our transformation of Skrill USA into the go-to digital wallet for American igaming, we’re delighted to launch the VIP player programme with innovative brand PlayUp USA ahead of a wider roll-out,” commented Zak Cutler, CEO of North America igaming at Paysafe. 

“With VIP players preferring digital wallets over every other payment method, we’re confident that our programme and product upgrade will make Skrill USA the preferred wallet of American operators’ VIP customer segments.”

PlayUp USA, which operates online sportsbooks in Colorado and New Jersey, was one of multiple operators to upgrade its Skrill USA integration in Q4 2021, when Paysafe rolled-out the revamped digital wallet to support instant funding of deposits and payouts. 

Now, PlayUp USA becomes the first American igaming brand to offer Skrill USA’s new VIP player programme.

Once a PlayUp USA sports bettor is onboarded into the VIP programme by the operator and Skrill USA, the single transaction limit for an instantly funded deposit is increased, depending on individual KYC verification.

Deposits are fully automated, though enrolled players are assigned their own dedicated Skrill VIP account manager. In addition, VIP players can withdraw their winnings from PlayUp USA to their Skrill USA account in real time, and they can be transferred directly to their linked bank accounts.

Kevin Smith, Chief Marketing Officer at PlayUp USA, explained: “We take great pride in taking care of our VIPs and the ability to onboard them quickly once they have cleared our due diligence protocols. 

“Having a platform like Skrill USA allows us to have very little friction in the deposit process with our VIPs but still be fully compliant with the regulatory standards that are in place.”

Author: Ava Harvey