Paysafe boosts Skrill USA offering with an industry-first for US iGaming

Paysafe has upgraded its Skrill USA digital wallet with the highest deposit limit offering in North America’s iGaming industry.

Tailored to the wagering preferences of high-stakes American online gamblers, the newest option adds to the Skrill USA wallet revamp that Paysafe rolled out last year.

The new VIP player program is currently available only in Colorado and New Jersey, having been adopted by Paysafe’s partner PlayUp USA, which enrols its own sportsbook in those two states. PlayUp USA is now the first American iGaming brand to offer the new program.

According to a 2021 Paysafe US iGaming research, high-volume online bettors with seven or more wagers a week prefer to use digital wallets as their payment method, which both Paysafe and PlayUp are looking to capitalise on.

Zak Cutler, CEO of North America iGaming at Paysafe, said: “As part of our transformation of Skrill USA into the go-to digital wallet for American 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.”  

Depending on individual KYC verifications, once PlayUp USA and Skrill USA onboard a sports bettor to the new VIP program, the single transaction limit for an instantly funded deposit goes up by several hundred times the standard limit.

Such instant deposits can be made as soon as a player joins the program and links their bank account to their Skrill USA account. The option is available 24/7, including on weekends, as opposed to bank wire transfers. And while deposits are automated, each player is assigned a dedicated Skrill VIP account manager.

Kevin Smith, Chief Marketing Officer at PlayUp USA, commented: “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.”

Winnings can be withdrawn from PlayUp USA to a Skrill USA account in real-time, which can be then directly transferred to a linked bank account. Skrill USA is currently in the process of branching out its VIP program to the rest of its US operator customers.