Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe

Paysafe, provider of full suite payments solutions for businesses has partnered with PokerStars, to roll-out Paysafe’s Rapid Transfer payment solution in ten European countries. Registered customers of the online poker site in these countries will now have the option to use Rapid Transfer to make deposits using their online banking details.

According to Paysafe’s report the importance of having secondary payment options among online businesses in the US, UK, Canada, Germany and Austria is an important aspect as 26% reported that a lack of available payment options on their website is a reason for abandoned transactions. To mitigate this issue Paysafe has been chosen as a fintech payments solutions by Poker stars for a safer and secure method for online banking transactions. Paysafe’s Rapid Transfer will allow 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.

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.”

PokerStars’ implementation of Rapid Transfer extends its deployment of deposit methods from Paysafe, which already include its digital payment solutions Skrill, NETELLER and prepaid method, paysafecard.

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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