Paysafe’s Skrill extends partnership to Coinbase to release a new white-label solution. This allows users from parts of the world’s biggest economy to effectively trade with different currencies. This partnership will boost the presence of the British-based platform, Skrill as users will have access to faster transactions for cheaper rates.
Skrill’s digital wallet will help to promote effective services at the world’s largest cryptocurrency market. The digital wallet of the organization will be teaming up with Coinbase, a crypto exchange platform. This development of Skrill’s extension into the US cryptocurrency markets helps America to access the digital wallet. This support should extend to other states soon. The digital wallet allows you to buy and sell cryptocurrencies like Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Increased Global Customer Rate
Crypto acceptance in the United States is increasing at a quick rate, this allows an opportunity for Paysafe to add the US to its worldwide consumer base. Residents of Alaska, Colorado, Kansas, Kentucky, Maryland, New Hampshire, South Dakota, Tennessee, Virginia, Vermont, and Wyoming will now have access to the Skrill crypto wallet. It launched in 2018 and serves consumers in close to 30 countries.
Lorenzo Pellegrino, CEO of Skrill, NETELLER, and Income Access at Paysafe, said:
“U.S. consumer interest in cryptocurrencies and cryptocurrency trading is stronger than ever, so we’re delighted to better serve our customers’ needs by launching our Skrill crypto offering in the country in partnership with Coinbase. Powered by Coinbase’s sophisticated platform, our crypto offering is just Skrill’s latest U.S. move to provide consumers with a best-in-class digital wallet.”
Brett Tejpaul, Head of Institutional Trading at Coinbase, commented:
“As we focus on building the crypto-economy, we look to partner with leaders like Skrill who can white-label our turnkey solution to provide and support digital assets to their clients without having to learn the nuances of building a crypto exchange.”
Skrill is in the business of making digital payments easy, secure and quick since 2001. The British organization is a renowned world leader in developing worldwide payment solutions for user’s business and pleasure. This applies to buying or sending money to people. Skrill also satisfies the needs of businesses globally, helping to build a worldwide customer base.