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Paysafe Debuts Crypto Payments for US iGaming Operations

Paysafe Debuts Crypto Payments for US iGaming Operations

Global payments platform Paysafe now enables iGaming operators and daily fantasy sports brands in the U.S. market to accept crypto payments.

The company’s new Pay with Crypto payment method lets iGaming brands’ customers fund their player accounts with stablecoins or cryptocurrency, where permitted, and then converts that crypto deposit to U.S. dollars to allow play, Paysafe said in a Tuesday (April 7) press release.

The solution is powered by global crypto payments and stablecoin infrastructure firm MoonPay, according to the release.

For operators, Pay with Crypto offers a choice of settling payment almost instantly in stablecoins in their business’s crypto wallet or settling in U.S. dollars or any major fiat currency, per…

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