Paysafe Strengthens Us Igaming Solution With Pay By Bank Launch

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Paysafe, a prominent payments platform, has introduced Pay by Bank for iGaming, a fresh solution that enables U.S. online bettors to deposit funds and withdraw winnings directly from their online bank account. This offering enhances Paysafe's Gateway, the iGaming payments solution that links U.S. operators to various payment methods through a single integration.

In response to the demand for payment flexibility, Pay by Bank complements Paysafe's extensive experience of over 25 years in simplifying iGaming payments. It presents players with an attractive payment alternative, particularly catering to the 27% of bettors who favor direct bank transfers.

Through Paysafe's Gateway, U.S. online gaming operators can integrate Pay by Bank, allowing users to link their checking or savings account swiftly and securely fund their player account in real-time. Returning bettors can benefit from one-click payments from their linked accounts. Additionally, Pay by Bank facilitates swift withdrawals directly to linked bank accounts with a simple click.

For operators, Pay by Bank transactions are protected, reducing liability in case a player's bank account deposit fails. This feature aids in boosting player acquisition by offering more payment options and enhances customer retention by enhancing the overall payment experience, emphasizing transaction speed and financial security.

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