Digital payment platform maven Paysafe has unveiled a new program that will serve its Skrill USA digital wallet. The program, designed for high stakes online gamblers, is the American iGaming industry’s highest capacity one in terms of instant funding of deposits.
The move follows a more general recent upgrade for Skrill USA, which recently saw Paysafe integrate its new digital wallet on the platform, allowing for instant deposits and payouts.
This program will first be available on the PlayUp USA digital sportsbook, which is currently available in New Jersey and Colorado. In going live, PlayUp USA has become the first iGaming platform in the US market to have Skrill USA’s VIP player program.
This move marks an effort by Skrill USA and PlayUp USA to offer better service to high-volume bettors. According to research done by PaySafe, a high-volume bettor places a minimum of seven bets a week.
A bettor who has attained VIP status in the eyes of PlayUp USA has its transaction limit increased by, in some cases, hundreds of times the normal limit. Additionally, once the player’s bank account is connected, an instant deposit (up to the pre-agreed limit) can be made 24/7, unlike conventional bank transfers which can only happen during the business day. Additionally, winnings can be withdrawn at any time.
The program is due to be expanded to more markets across the nation in the coming months.
Paysafe CEO of North America iGaming Zak Cutler had the following comments on the deal: “As part of our transformation of Skrill USA into the go-to digital wallet for America iGaming, we’re delighted to launch the VIP player program with innovative brand PlayUp USA ahead of a wider roll-out.
“With VIP players preferring digital wallets over every other payment method, we’re confident that our program and product upgrade will make Skrill USA the preferred wallet of American operators’ VIP customer segments.”
From his end, PlayUp USA CMO Kevin Smith offered the following: “We take great pride in taking care of our VIPs and the ability to onboard them quickly once they have cleared our due diligence protocols. Having a platform like Skrill USA allows us to have very little friction in the deposit process with our VIPs but still be fully compliant with the regulatory standards that are in place.”
