Paysafe launches new Skrill wallet for Ontario iGaming

    The giant of payment solutions, Paysafe, has just unveiled a new and improved digital Skrill wallet for online casino and sportsbook players in Ontario. The company developed this new wallet with the local player in mind, offering instant deposits and withdrawals and a top-notch user experience. Skrill continues its expansion in the North American market, as it entered the US in 2021, and now operates in 26 states where igaming is allowed.

    Paysafe launches new skrill wallet for ontario igaming

    Almost a year after the AGCO regulated the market, it's now set to launch in Canada. Recent surveys show that around 73% of Ontarians have used a wallet as a payment method to sports betting websites. The introduction of Skrill payments is about to give players another first-class banking option.

    What's new for Ontarians

    The latest wallet version has been tailored for Ontario players, and has several improvements over the standard version. Firstly, it has shortened the signup process, allowing players to link their bank accounts to the wallet in seconds. Deposits are instant via bank transfer or Paysafecash eCash feature. If you want to skip the login process, a "Remember me" option can save you time.

    The interface has also been through a complete revamp, and been updated for both desktop computers and iOS/Android mobile devices. The "tiled" display will give you all your options only a few clicks or taps away.

    And when you are ready to cash out, with Skrill you can do it in seconds, since your account has real-time accessibility to funds. Moreover, you can spend your newly created balance in Skrill supporting merchants or transfer it to your bank account.

    Paysafe confident that it will benefit the market

    The introduction of another payment method, and a very popular one, is expected to give another boost to the Ontario igaming market, which has been experiencing booming growth.

    Zak Cutler, President of Global Gaming at Paysafe, said: "Our research revealed that whether players are in the US, Canada’s Ontario or the UK, there’s strong interest in a digital wallet like the new Skrill that can support instant deposits and provide robust financial security."

    "Against this backdrop, we’ve already seen significant adoption of the revamped Skrill wallet by US players since we launched the solution there in 2021, and we expect similar uptake in Ontario, as we roll-out the solution in Europe and other global iGaming markets."

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