Paysafe expanded into Ontario with its world-class payment solutions

As competition in Ontario reaches an all-time high, many iGaming and online sports betting companies in the region will prioritize adopting Paysafe’s payment solutions. This marks another milestone expansion for the payment provider, as it maintains its significant momentum in North America and gains access to a lucrative new market.

Many operators consider the company a valuable partner

Paysafe’s latest expansion aims to cater to the payment needs of iGaming and online sportsbook operators. The company’s proprietary payment processing technology allows for a secure and seamless payment experience, enabling merchants to accept various payment methods, including credit and debit cards, digital wallets, and bank transfers.

Paysafe’s Skrill digital wallet, in particular, has gained popularity among North American operators, with the company’s recent entry into Ohio and Ontario building on its successful 2022 expansions and partnerships.

The company’s offerings also include seamless cash outs, allowing players to access funds in their Skrill accounts in real-time, and easily spend or withdraw them to their linked bank accounts. Paysafe’s flexible solutions have proven capable of meeting the evolving needs of merchants and consumers alike.

The implementation of Paysafe’s solutions will bring significant advantages to the Ontario market

Paysafe’s payment solutions will allow Ontarians to easily connect their bank accounts with the Skrill digital wallet, enabling effortless deposits via online bank transfer. The company’s Paysafecash eCash solution provides an additional funding option that will suit most iGaming and online sports betting users. Zak Cutler, the President of global gaming at Paysafe, expressed confidence in the success of the Ontario expansion, calling it a natural next step for the company. He also expects that Skrill will be well-received in the region, giving Ontario operators a competitive advantage.

The President of Global Gaming at Paysafe is Zak Cutler

The abundance of 44 operators and 75 gaming websites in Ontario presents Paysafe with a unique opportunity to leverage its existing partnerships and create new collaborative ventures. This number far exceeds that of most US states, providing the payment provider with a significant edge in the highly competitive region.

Paysafe’s expansion in Ontario represents a favorable development for the payments industry in Canada, with the company’s commitment to refining its products instrumental in enhancing businesses in the province, boosting growth, and enhancing customer experiences. Paysafe’s global reach continues to rise, paving the way for another successful year.