Paysafe unites with Fubo Gaming to strengthen payment journey

Paysafe has announced a partnership with Fubo Gaming, the Chicago-based subsidiary of sports-first live TV streaming platform fuboTV Inc.

Expected to launch later in Q4 2021, subject to obtaining requisite regulatory approvals, Fubo Gaming’s mobile sportsbook, Fubo Sportsbook, will plug into Paysafe for credit and debit card payments, the Skrill USA digital wallet, and paysafecard and Paysafecash eCash solutions.

Scott Butera, President of Fubo Gaming, commented: “We are building our Fubo Sportsbook to deliver a truly integrated and interactive betting experience, where sports fans can be active and engaged participants of the games they are watching and wagering on.

“To bring that vision to life, we needed a payment partner who was going to provide secure, fast, and easy-to-use solutions for our sportsbook users. Paysafe checks all of those boxes, and we look forward to our continued partnership.”

Through Paysafe’s payment gateway, Fubo Sportsbook users will be able to seamlessly fund a deposit via credit card, debit card or ACH bank transfer from a checking or savings account.

Bettors will also be able to use Skrill USA to make rapid and secure deposits from their digital wallet account into their Fubo Sportsbook account. Those who prefer cash can choose to deposit using either paysafecard or Paysafecash, with both eCash solutions available at thousands of U.S. retailers.

Zak Cutler, CEO of the North America iGaming division at Paysafe, added on the collaboration: “We’re delighted to partner with Fubo Gaming’s forthcoming Fubo Sportsbook. Our comprehensive range of payment solutions, with a strong emphasis on fast and frictionless deposits and payouts, will be key for Fubo Sportsbook’s interactive wagering model, and we look forward to providing strong support to the brand’s launch in Q4 and its future growth.”