Paysafe named 2023 Payment Provider of the Year

(PRESS RELEASE) -- The American Gambling Awards is pleased to announce Paysafe is the 2023 “Payment Provider of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited, a leading provider of player acquisition services for the regulated global online gambling industry.

During the judging period for the Awards, Paysafe continued to enhance its credit and debit card payment processing as well as strengthening its suite of alternative payment methods (APMs). This included the ongoing roll-out of Paysafe’s upgraded Skrill digital wallet, supporting instant deposits and fast payout speeds across North America, while unveiling a U.S. VIP player program for the upgraded Skrill wallet. The program enables higher payment volumes for qualified VIP players, strengthening operators’ engagement with the coveted VIP segment.

Paysafe enables operators to offer their players traditional card payments (processed via the Paysafe payment gateway) to APMs like Skrill and the Paysafecash online cash solution through a single integration. Across the 29 U.S. iGaming markets in which it operates, Paysafe supports approximately 75% of regulated operators with payments.

Charles Gillespie, Chief Executive Officer of Gambling.com Group, said, “Paysafe established itself years ago as a leader in digital payment solutions for the online gaming industry. With its continued success in the U.S., Paysafe is very deserving of receiving the Payment Provider of the Year award. Paysafe continues to set the standard by providing a wealth of market-leading solutions for all manner of payments.”

Zak Cutler, President of Global Gaming at Paysafe, commented, “We’re delighted to be recognized as the payments leader in the U.S. iGaming space at the prestigious American Gambling Awards from Gambling.com Group. Our latest award win reflects the dedication and hard work of our entire iGaming team in delivering an unparalleled payment experience to our operator partners and their customers.”