Paysafe Launches Enhanced Skrill Digital Wallet for iGaming in Ontario

Paysafe, a payments platform, has unveiled its upgraded Skrill digital wallet tailored to the needs of iGaming players in the Canadian province of Ontario. This revamped wallet, designed with a focus on user preferences, enables Ontarians to easily fund their wagers and seamlessly withdraw their winnings while enjoying an intuitive and streamlined user experience (UX).

Following its successful launch in the United States in 2021, where it is available in all 26 American iGaming jurisdictions supported by Paysafe, the upgraded Skrill wallet has now been introduced in Ontario. As Canada’s most populous province with approximately 14.6 million residents, Ontario expanded its market for private operators in April 2022. Paysafe’s 2023 “All the ways players pay” research indicates that 73% of online sports bettors in Ontario have used a digital wallet to deposit funds at sportsbooks. With the latest enhancements to Skrill, operators will be better equipped to cater to these customers, who value digital wallets for their secure and fast transactions.

The registration process with Skrill has been streamlined, allowing Ontarians to link their bank accounts to the wallet within seconds. Using Skrill, players can make instant and secure deposits to their sportsbook accounts through online bank transfers. Alternatively, bettors can load funds into their Skrill wallet balance using the Paysafecash eCash solution. Returning Skrill users benefit from an even quicker redeposit process, as they can skip the login step (when ‘remember me’ is activated) and make deposits with a single click.

Furthermore, Ontarians will appreciate the state-of-the-art look and feel of the Skrill wallet, offering a seamless UX across desktop, iOS, and Android apps. The interface caters to the transactional expectations of both casual players and high-stakes VIP sports bettors who navigate multiple sportsbooks. Through a tiled display, all the necessary information is centralized, ensuring a smooth depositing process.

Cashing out is equally straightforward, with funds available in players’ Skrill accounts in real time. Users can either utilize their Skrill balance for online purchases at supporting merchants or transfer the funds to their linked bank accounts.

By launching the enhanced Skrill digital wallet, Paysafe is providing a robust payment solution that addresses the specific requirements of Ontario’s iGaming players, facilitating secure and convenient transactions throughout their gaming experience.

Zak Cutler, President of Global Gaming at Paysafe, said: “Since we first rolled-out the new Skrill in the U.S. two years ago, we feel it’s been a game changer for the payments experience of American players. We expect the upgraded wallet to be just as well received north of the border, with Skrill giving Ontarian operators a competitive edge when it comes to acquiring and retaining their customers.”