Paysafe, a leading specialized payments platform, won in the ‘Payments Provider’ category at the EGR North America Awards (egr.global), held last night at the Midtown Loft & Terrace in New York City. After winning the ‘Payments Provider’ award last year, Paysafe has again been recognized following the growth of its payment solutions across the U.S. and Canada alongside product innovation for its Skrill USA digital wallet for iGaming.
The eGaming Review (EGR) Global media group’s 2022 EGR North America Awards celebrated the gaming operators and service providers like Paysafe that have excelled in their business areas over the last 12 months. During this period, Paysafe extended the reach of its platform, which seamlessly connects operators to a full suite of traditional and alternative payment methods (Skrill, paysafecard, Paysafecash), into nine new U.S. states. Expanding into Arizona, Connecticut, Louisiana, Michigan, New York, Oregon, Montana, Virginia, and Wyoming, Paysafe is now supporting American online sportsbooks and iGaming brands with payments across 21 jurisdictions.
Over the last year Paysafe also consolidated its status as the go-to payments provider for Canadian gaming operators. Additional partnerships have resulted in Paysafe now processing payments for all the major provincial lotteries’ online gaming brands. Then, following Ontario’s launch of its expanded iGaming market for private operators earlier this month, Paysafe strengthened its position in the province with multiple payments partnerships with new online sportsbook brands.
The company has also strongly focused on product innovation, with the launch of the upgraded Skrill USA digital wallet in Q4 2021. The revamped wallet, which features a state-of-the-art ‘look and feel’ and intuitive user experience (UX), supports instant funding of player deposits and payouts.
Zak Cutler, CEO of North America iGaming at Paysafe, said: “We’re delighted to retain our ‘Payments Provider’ of the year title at the 2022 EGR North America Awards. This latest industry recognition reflects the hard work and dedication of our entire team, as we strived and succeeded to deliver the best payment solutions to our partners. Going forward, we’ll look to continue to evolve our products to better support operators’ customer acquisition and retention through payments.”
About Paysafe Limited
Paysafe Limited (“Paysafe”) (paysafe.com) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of over U.S. $120 billion in 2021, and approximately 3,500 employees located in 10+ countries, Paysafe connects businesses and consumers across 100 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.
About Paysafe iGaming
Paysafe brings over two decades of specialized payments experience supporting the global iGaming and sports-betting sectors and provides operators with a comprehensive suite of traditional and alternative payment methods through a single, streamlined API integration. Paysafe is also a leader in digital and affiliate marketing technology and services for iGaming operators through its Income Access business unit.
Since the opening-up of the U.S. iGaming market in May 2018, Paysafe has consistently stated its ambitions to be the payments leader in the fast-growing sector, building on its leadership in Canada and Europe. As of April 27th, 2022, the company supports 75% of operators in the country with payments or marketing solutions across 21 jurisdictions. In Canada, Paysafe also has a leading position and partners with the majority of regulated iLottery and gaming brands.