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Slow Growth for ATMs; Paysafe Eyes iGaming High Rollers; Wirex Lists a New Stablecoin
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Paysafe Targets High Rollers by Raising Its iGaming Wager Limits
To expand its iGaming business and revitalize its digital-wallet business, Paysafe Ltd. on Monday announced it is increasing the wagering limit for high-stakes online gamblers using its Skrill USA wallet to fund their iGaming accounts. The feature is expected to appeal to high rollers who make five- and six-figures wagers. …
Read More »Is Stability Acquiring’s Keyword Now? Paysafe’s iGaming Move; Toast Renews US Foods Deal
Paysafe Extends Its North American iGaming Reach Through a Deal With Strive Gaming
Paysafe Ltd. continues to immerse itself in the online-gaming industry, announcing Monday a partnership with Strive Gaming, a player-account management platform designed to meet multi-state iGaming requirements in North America. With an integration of Paysafe’s payments technology into Strive Gaming’s PAM platform, Strive’s clients will enable gamers to deposit funds into …
Read More »Prepping for BNPL 2.0; Paysafe Expands iGaming Footprint; Fiserv Adds Loyalty Option
Paysafe Expands Its iGaming Footprint in The U.K. And Europe in a Deal With Playtech
Focused on iGaming as a growth strategy, Paysafe Ltd. announced Monday it is expanding its relationship with Playtech plc, a provider of gambling software, to the United Kingdom and Europe. The deal builds off the two companies’ existing relationship in United States. The deal will allow iGaming operators in the U.K. …
Read More »How Paysafe Sees Crypto And Gaming As Keys to Turning Around Its Digital Wallets
Paysafe Ltd. early Wednesday reported progress in turning around its beleaguered digital-wallet business, noting a crucial deal with the world’s largest cryptocurrency exchange and progress in its key iGaming market. As part of an effort to reinvigorate its wallets, “We’re starting to work with crypto exchanges” more actively, Philip McHugh, …
Read More »Wallet Weakness Hammers Paysafe As It Reports Progress in North American Online Gaming
Regulatory changes in its European market have hammered Paysafe Ltd.’s digital wallets, chopping the company’s quarter-to-quarter payments volume and revenue and forcing its top executives to spend a good deal of time Thursday morning explaining the impact to stock analysts. “We are facing challenges in our digital-wallet business. It’s performing …
Read More »26% Have Missed a BNPL Payment; Eye on iGaming; Google Drops Bank Account Ambitions
Eye On iGaming: PayNearMe Launches MoneyLine, And Paysafe Teams With Intralot
The opportunity in online wagering, sometimes called iGaming, is attracting a wide array of payments providers as they adapt their online payments-processing capabilities for this emerging market. On Monday, PayNearMe Inc. launched MoneyLine, a service intended to make it easier for players to receive payouts and make deposits into their …
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