Paysafe, a leading specialised payments platform, has announced a new partnership for its Skrill digital wallet with Betfred USA Sports, the wholly-owned US subsidiary of UK-based bookmaker Betfred Group.
Building on Skrill’s long-standing payments support for Betfred internationally, the digital wallet has been added as a payment method to Betfred USA Sports’ recently launched mobile and online sportsbook for the Iowa market.
The Betfred USA Sports deal is the latest Skrill move in its ongoing expansion in the US this year, following the launches of the Skrill Visa Prepaid Card In January, the Skrill Money Transfer solution and the Skrill Knect loyalty programme, both in June.
Skrill’s recent US growth responds to increasing consumer demand for digital wallets, used by over a third of Americans (36 per cent) at least monthly in Q2, according to Paysafe’s research.
Against this backdrop, Betfred USA Sports' customers in Iowa can now benefit from the speed, security and reliability of a mobile-responsive digital wallet. Skrill’s two-decade history serving sportsbooks, including Betfred Group’s European brands since 2006, also ensures a strong wagering experience.
After uploading funds to their Skrill account via multiple options (bank and card transfer, iACH and eCash solutions), players can use the digital wallet to seamlessly make a deposit on betfredsports.com’s Iowa-facing online platform, which launched in July with the land-based Grand Falls Casino and Golf Resort.
Players can then wager on a comprehensive range of sports, spanning pro and college football, basketball, American and overseas baseball leagues, hockey, soccer and mixed martial arts, among others. Winnings can be withdrawn directly into players’ Skrill accounts.
Once safely deposited, funds can be transferred in real time to customers’ bank accounts or withdrawn directly as cash at an ATM via the Skrill Visa Prepaid Card, which syncs directly with their wallet balance. Funds can also be sent to family and friends overseas using Skrill Money Transfer.
