Paysafe's Rapid Transfer enabled for PokerStars' customers across Europe

(PRESS RELEASE) -- Leading global payments provider Paysafe Group has partnered with PokerStars, the world’s largest poker company and the flagship poker brand of The Stars Group, to roll-out Paysafe’s Rapid Transfer payment solution in ten European countries. Registered customers of the online poker site in these countries now have the option to use Rapid Transfer to make deposits using their online banking details.

Rapid Transfer allows consumers to make online payments instantly from their bank account, without leaving an operator or merchant’s website. Users receive instant confirmation of payment and benefit from a smooth user journey thanks to the familiarity of using their online banking credentials.

Many view PokerStars as the home of online poker. It has dealt more than 200 billion hands, hosted billions of tournaments, and runs some of the most prestigious online series in the world including the World Championship of Online Poker and the Spring Championship of Online Poker. Its services are designed to provide safe and regulated online poker games for its global community of millions of registered customers.

PokerStars’ implementation of Rapid Transfer extends its deployment of deposit methods from Paysafe, which already include its market-leading digital payment solutions Skrill, NETELLER and prepaid method, paysafe card.

The importance of having secondary payment options is backed up by industry research carried out by Paysafe last year among online businesses in the U.S., U.K., Canada, Germany and Austria, where 26% reported that they think that a lack of available payment options on their website is a reason for abandoned transactions.

Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe - responsible for the company’s Rapid Transfer solution - commented, “PokerStars’ position as a market leader is reflected across everything they do. We are delighted to be supporting them to ensure this quality service for players spans across the deposit methods they offer, via Rapid Transfer in addition to Skrill, NETELLER and paysafe card.”

Income Access, Paysafe Group’s marketing technology and services provider, recently announced that it will power The Stars Group’s newly relaunched affiliate program, Stars Affiliate Club.