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Stock impact report

Paysafe strengthens US iGaming solution with Pay by Bank launch [Yahoo! Finance]

Paysafe Limited Common Shares (PSFE) 
Company Research Source: Yahoo! Finance
LONDON, April 29, 2024 BUSINESS WIRE Paysafe (NYSE: PSFE), a leading payments platform, today launched Pay by Bank for iGaming, a new solution allowing U.S. online bettors to instantly and securely fund deposits at operators' cashiers directly from their online bank account as well as cash-out winnings seamlessly. This product expands the capabilities of Paysafe's Gateway, the iGaming payments solution that connects U.S. operators to the market's most comprehensive range of traditional and alternative payment methods via a single integration. Building on Paysafe's 25+ years' history streamlining iGaming payments , the company added Pay by Bank to respond to the growing demand from U.S. players for payment choice. The Gateway already connects operators' cashiers to Paysafe-processed card payments, the Skrill digital wallet, the Paysafecash online cash solution, and third-party payment products. Strengthening operators' player acquisition, Pay by Bank provides their customers with ye Show less Read more
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