Leading global payments provider Paysafe Group (Paysafe) has partnered with PokerStars (pokerstars.com), the world’s largest poker company and the flagship poker brand of The Stars Group, to roll-out Paysafe’s Rapid Transfer payment solution in ten European countries. Registered customers of the online poker site in these countries now have the option to use Rapid Transfer to make deposits using their online banking details.
Rapid Transfer allows consumers to make online payments instantly from their bank account, without leaving an operator or merchant’s website. Users receive instant confirmation of payment and benefit from a smooth user journey thanks to the familiarity of using their online banking credentials.
Many view PokerStars as the home of online poker. It has dealt more than 200 billion hands, hosted billions of tournaments, and runs some of the most prestigious online series in the world including the World Championship of Online Poker and the Spring Championship of Online Poker. Its services are designed to provide safe and regulated online poker games for its global community of millions of registered customers.
PokerStars’ implementation of Rapid Transfer extends its deployment of deposit methods from Paysafe, which already include its market-leading digital payment solutions Skrill, NETELLER and prepaid method, paysafecard.
The importance of having secondary payment options is backed up by industry research carried out by Paysafe last year among online businesses in the US, UK, Canada, Germany and Austria, where 26% reported that they think that a lack of available payment options on their website is a reason for abandoned transactions.
Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe - responsible for the company’s Rapid Transfer solution - commented: “PokerStars’ position as a market leader is reflected across everything they do. We are delighted to be supporting them to ensure this quality service for players spans across the deposit methods they offer, via Rapid Transfer in addition to Skrill, NETELLER and paysafecard.”
Income Access, Paysafe Group’s marketing technology and services provider, recently announced that it will power The Stars Group’s newly relaunched affiliate programme, Stars Affiliate Club.
About Paysafe Group (Paysafe)
Paysafe Group (paysafe.com) is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions.
With over 20 years of online payment experience, an annualized transactional volume of over US $85 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world.
Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.