New online casino payments solution launched by Paysafe

Paysafe is diversifying its offerings for online casino operators.

The payments platform announced on Monday the launch of Pay by Bank, a new product that allows iGaming players in America to fund their gaming accounts directly from their online bank accounts. Pay by Bank, which is part of Paysafe’s Gateway payments solution, also allows online bettors to cash out their winnings seamlessly to their banking accounts.

“We’re delighted to unveil our new Pay by Bank product for our iGaming solution, which will almost certainly prove very effective in both converting and retaining players for U.S. operators, with the product’s impressive transactional speed and robust security,” said Paysafe President of Global Gaming Zak Cutler. “Through Pay by Bank, we continue to grow the Paysafe Gateway by providing American operators and their customers with unparalleled payment choices, all through a single integration.”

Paysafe has launched its new iGaming solution amid demand from U.S. players fo..

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