Paysafe updates Skrill for Crypto use
20 new cryptocurrencies will be available in 11 US states and territories.
Paysafe has today announced an expansion of their cashless payment Skrill service that will see 20 new cryptocurrencies made available to customer digital wallets. This brings the total tradable cryptocurrencies available in Skrill to 35.
Following the company’s expansion into the US market in March 2021, these new currencies will be available to buy and sell in 11 US states and territories, including Florida, Massachusetts, California, North Carolina and Pennsylvania, among others.
The Skrill service itself is available across 48 states and territories.
The choice to update crypto offerings comes after research published by Skrill and Paysafe indicated that out of 8,000 consumers, 28% believe that cryptocurrencies are a good investment for the future. A further 38% have already either invested in or bought a cryptocurrency.
Some of the new currencies added to the Skrill service include Aave (AAVE), Celo (CGLD), Numeraire (NMR), Maker (MKR), Polygon (MATIC) and Dogecoin (DOGE).
“After a surge in overall activity in the industry, we’re seeing more interest in cryptocurrency than ever from our digital wallet customers, both current and new,” said Rupinder Singh, Paysafe’s SVP, consumer, digital wallets. “The potential for this service is growing all the time, and we want to continue to expand responsibly what we offer at the same rate by adding new functionality, enabling new currencies and launching in new territories. Our aim is to make it ever easier for consumers to get started in crypto using Skrill or Neteller.”
Skrill now offers cryptocurrency services in almost 100 countries.
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