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Welcome to the third edition of our 2021 quarterly newsletter

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Skrill appoints new CEO

We are pleased to announce our new CEO for Skrill and NETELLER, Chirag Patel who replaces former Digital Wallets CEO, Lorenzo Pellegrino, who is stepping into a strategic advisory role for Skrill Limited.

Chirag brings over 20 years’ experience of working in payments for high profile, global organisations and joins Paysafe from Santander Group where he was the Global Head of Payments. Prior to this, Chirag was Amazon’s Head of Payments, Europe and International Expansion and has also held other senior executive roles in payments and financial services for other well-known financial institutions including Softcard (acquired by Google), American Express Services Europe Limited and Merchant Services Group Int.

Commenting on his appointment recently, Chirag said, “I am really excited to join the Paysafe team and be given the opportunity to lead its exciting Digital Wallets business. I believe there is enormous potential to extend the offering to more and more customers given Skrill and NETELLER’s worldwide presence, combined with Paysafe’s great technology and talented team.” Read the full press release here.

Get back a profit share with Boomerang

Following the launch of our exclusive Boomerang programme last quarter, join the rapidly growing list of merchants who have already signed up. They are currently earning revenue share and commissions on new customers referred to Skrill, and benefitting from other advantages such as better conversion rates, increased customer loyalty and more.

Interested? It’s quick and easy to sign up:

  • Speak to your Account Manager or email Skrill Merchant Services
  • Sign the Agreement and fill in the registration form
  • Get your unique tracking link
  • Promote Skrill sign-ups to your customers
  • Earn commission on your referrals

It’s that simple! Don’t miss out on the opportunity and sign up now. To find out more, click here or watch our YouTube video here to learn about the benefits.

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Merchant 'Frequently asked questions' section launch

We have launched a new FAQ section on our Merchant Help Centre, for both existing and new Skrill merchants. In this section, you can find a wealth of knowledge and expertise on Q&A’s relating to our products, account set-up and more. You can visit our help centre here or access it from your merchant portal login.

New cryptocurrencies added to the Skrill portfolio

We’ve expanded our cryptocurrency portfolio and added 22 new cryptocurrencies which are now available for trading within the Skrill wallet. Customers in all jurisdictions where crypto trading is available can now buy and sell a total of 37 of the top digital assets.

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Rapid Transfer – Instant, Secure, Convenient

Rapid Transfer is becoming a hugely popular payment method amongst many businesses today. It is an instant bank transfer solution that supports 3000+ banks worldwide and is available in 18 markets leveraging the power of Open Banking. In addition, customers benefit from instant and secure payments without leaving your website. Watch our video to see how you can benefit by adding Rapid Transfer to your checkout.

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Skrill Sports Corner is now live in the wallet

We’re always looking at new, innovative ways of how we can interact and keep our customers engaged.

The Skrill Sports Corner houses all the exciting information that sports gaming customers could ever want to know, right within their wallet. Highlights of the new features include winning tips, advanced games, team and player stats, interactive live game tracking – and much more. Customers can enjoy all this completely free with their Skrill wallet.

Skrill gains popularity in the UK through the Leeds United partnership

We’re proud to be an Official Partner of Leeds United – a club that shares our determination to keep moving ahead and improving how things are done.

Recently, Leeds United made the decision to move their historic Elland Road stadium towards being completely cashless – making it quicker, easier and safer for fans to order their food and drink during games in a post-COVID-19 world. As the club’s Digital Payments Partner, it was only right for Skrill to be a part of the occasion and show fans how we make cashless payments easy.

The Skrill Prepaid Mastercard® lets fans make contactless payments with a touch of their card. From buying a programme to purchasing LUFC merchandise, the Skrill card makes it simple.

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Grow your business with Skrill

Whether you’re looking for acquisition, retention or conversion strategies, we’re here to help with our extensive range of marketing opportunities. Drive awareness and increase revenue via targeted advertising on our platforms:

  • Skrill app for exclusive dashboard advertising to all merchants
  • Exclusive offer page
  • Skrill Wallet – In-Account Placement Banners
  • Social Media Channels
  • Partner of the Month Packages
  • Knect co-marketing opportunities

Acquire new customers and reach new markets by displaying your special offers to our audience. Speak to your Account Manager now or contact partnerships@paysafe.com to take advantage of these marketing initiatives.

Paysafe acquire PagoEfectivo, SafetyPay and viafintech

Paysafe’s latest acquisitions announced in August 2021 enable the company to further scale in the high-growth Latin American region and accelerates Paysafe’s growth in Germany.

PagoEfectivo

 Paysafe signed a definitive agreement on 2nd August 2021 to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating an increased appetite for alternative payment methods and online banking solutions. The acquisition was completed on 1st September 2021. Read the full press release here

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SafetyPay

Paysafe signed a definitive agreement on 16th August 2021 to acquire SafetyPay, a leading payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. Together, the two acquisitions of SafetyPay and PagoEfectivo strengthen the strategic foothold in Latin America and set Paysafe up to be the leading open banking and eCash solutions provider in Latin America, one of the world’s fastest-growing online markets. Read the full press release here

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viafintech

Paysafe signed a definitive agreement on 22nd August 2021 to acquire viafintech, a market-leading German fintech company. viafintech, known under the brands of Barzahlen/viacash and viacash, offers the largest, bank independent, payments infrastructure in the DACH region, allowing a popular alternative to the traditional banking structure.  For Paysafe, this latest acquisition not only boosts its growth opportunities in Germany, a critical market for its international merchants, it also creates revenue-generating opportunities to cross-sell viafintech’s alternative banking and payments solutions to its merchants around the world. Read the full press release here.

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