Paysafe agrees expanded partnership with FOX Bet to offer Skrill ecash payment solution

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Specialized payments platform Paysafe has agreed an expanded partnership with online and mobile sports betting platform FOX Bet, operated by Flutter Entertainment plc. Building on Paysafe integrations across multiple states, FOX Bet has now strengthened its Michigan sportsbook’s payments offering with the Skrill digital wallet and paysafecard ecash solution.

Paysafe has streamlined payments for Flutter Entertainment’s Betfair and PokerStars brands for well over a decade, and its Skrill solution is already integrated with FOX Bet’s Colorado, New Jersey, and Pennsylvania offering.

Players in Michigan wanting to wager on FOX Bet’s range of sports markets – from NFL football, NBA basketball, MLB baseball, and NHL hockey, to Mixed Martial Arts (MMA) and local and international soccer games – can use Skrill to make rapid and secure deposits into their sportsbook accounts.

Paysafecard is also now available to make deposits with FOX Bet in Michigan and becomes the brand’s very first integrated ecash solution for players whose payment preference is cash. Available at thousands of US retailers, the solution can be purchased in denominations of $10, $25, $50, and $100, providing consumers with a 16-digit code to make online or mobile deposits into their FOX Bet account. 

As well as deposits, the expanded Paysafe partnership supports payouts. Winnings can be withdrawn directly into Michigan players’ Skrill accounts and then transferred in real time to their bank accounts. Customers can also use the Skrill Visa Prepaid Card to withdraw winnings as cash from an ATM.

Philip McHugh, CEO of Paysafe, said: “We’re delighted to strengthen our partnership with FOX Bet. Americans are keenly embracing alternative payment methods, so integrating our best-in-class Skrill and paysafecard solutions, both specifically tailored to sports betting, will ensure that FOX Bet offers all the different ways that players want to pay when they play.”