Paysafe expands its services in the online betting market in New York

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Payments provider Paysafe has expanded into the regulated New York sports betting market.

Through its payment gateway, Paysafe is now able to process online deposits and payments for New York players with mobile sports betting brands.

The platform’s Income Access software also powers the affiliate programs of many New York-focused brands.

In 2021, Paysafe established a payment footprint in many US states including Arizona, Connecticut, Louisiana, Michigan, Montana, Virginia and Wyoming.

Zak Cutler, Paysafe’s new CEO for North America iGaming, said, “Payments and Affiliate Marketing play a critical role in converting customers and growing iGaming brands and the broader market.

“We are proud to have supported the continued expansion of the North American online gambling space from 2021 to 2022, with our recent entry into New York – a pivotal market that will hopefully galvanize broader regulation. American states and Canadian provinces.”

Brands like Fox Bet, Golden Nugget Online Gaming and PointsBet have already extended their existing payment partnerships with Paysafe into a new state in 2021.

Other partners such as Fubo Sportsbook, PlayUp, SuperBook Sports and WynnBet have also announced agreements with Paysafe for traditional credit and debit card payments.

In Canada, Paysafe has announced a payment agreement with PlayAlberta.ca. Other Canadian deals with the platform include Atlantic Lottery Corporation, BLCL, Loto-Quebec, and Ontario Lottery and Gaming.

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