Paysafe, the prominent payments platform, commences its expansion into Ohio as it enters 2023. Ohio residents can now access Paysafe services at various sportsbooks, enabling them to make deposits using credit and debit cards.
- Ohio residents can now access Paysafe services.
- Paysafe allows sports bettors to conveniently deposit and withdraw funds.
Paysafe’s expansion in the US continues as it enters the Ohio online sports-betting market through partnerships with Betfred Sportsbook, HardRock Sportsbook, and PointsBet, just a few months after its entry into Maryland in 2022.
Paysafe, the payment provider, extends its support to iGaming operators across 25 U.S. states or jurisdictions. With Ohio having a population of 11.8 million residents, Paysafe aims to become the leading payment provider in this rapidly expanding sector. It is anticipated that sports betting, once fully established, will generate approximately $900 million in annual gross gaming revenue.
Paysafe will allow sports bettors in Ohio to deposit funds and receive payouts using their Skrill digital wallet. Additionally, if linked, customers of Betway will have the convenience of making instant online deposits and cashouts directly from their bank accounts.
Paysafe – An Overview
- Paysafe is a leading global provider of online payment solutions. With a wide range of products and services, Paysafe enables businesses and consumers to securely send and receive payments in various currencies, both online and offline.
- Paysafe offers innovative payment solutions tailored to meet specific needs. Their core products include digital wallets, prepaid cards, and online cash solutions. With these offerings, businesses can easily accept payments, while consumers can conveniently make purchases or transfer funds online.
- One of the key benefits of using Paysafe is its commitment to security. With advanced encryption technology and robust fraud prevention measures, Paysafe ensures that transactions are safe and protected from unauthorized access. This gives both businesses and consumers peace of mind when it comes to their financial transactions.
- In addition to its payment solutions, Paysafe also provides value-added services such as merchant services and risk management tools. These services help businesses optimize their payment processes, reduce costs, and manage potential risks effectively.
- With a strong global presence and partnerships with major financial institutions, Paysafe is trusted by businesses and consumers worldwide. Whether it’s for online shopping, gaming, or financial transactions, Paysafe offers reliable and convenient payment solutions that meet the evolving needs of the digital economy.
With more than twenty years of experience in the iGaming and sportsbetting industry, Paysafe is a trusted provider of alternative payment methods. In 2018, the company expanded its operations to the United States, following its successful leadership in Canada and Europe. Paysafe has established a robust presence in the U.S., supporting 75% of operators in the country. Additionally, in Canada, Paysafe partners with a majority of iLottery and gaming brands.
