Paysafe Introduces Crypto Payment Option
Paysafe has launched 'Pay with Crypto,' a new payment option for US iGaming and fantasy sports platforms that allows users to fund accounts with cryptocurrency, which is then converted to US dollars. Research indicates a strong preference among US players for crypto funding, with 83% favoring it. The integration, utilizing MoonPay's technology, simplifies transactions through QR codes and wallet connections while offering operators flexibility in settlement options and mitigating market volatility.
- Entities
- Topic: Fantasy Sports
- Topic: Cryptocurrency
- Company: Paysafe
- Company: MoonPay
- Topic: iGaming
- Topic: Payment Processing
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