Operators using Ukash payments are about to see the brand change to paysafecard, following the acquisition of Ukash by paysafecard earlier this year. paysafecard, part of the Skrill Group, will have its vouchers replace Ukash vouchers at retails from 31st August 2015 onwards. paysafecard has already been available in the UK for many years and offers a wide range of …
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Optimal Payments eyes FTSE 250 entry
Optimal Payments a key transactions/payment processor for the online gambling industry is eyeing entry into the FTSE 250 index. The payments operator is set to move from the London AIM market to the FTSE index, once it has finalised its £800 million reverse takeover of main competitor Skrill. Optimal governance is confident that the payments operator has met all regulatory …
Read More »666Bet customers given 24 May deadline for withdrawals
Customers of the beleaguered Metro Play Ltd, owner of the 666Bet brand, have been given until 24 May to make withdrawal requests from their account or risk losing their money altogether. A statement from the firm said: “We have made arrangements to enable our customers to withdraw outstanding balances from their accounts with www.metroplay.com and www.666bet.com. All withdrawal requests made …
Read More »666Bet back up as Gambling Commission issues update
The Gambling Commission has issued a statement containing information is for consumers and businesses who have transacted with Metro Play Limited trading as www.metroplay.com and www.666bet.com. What is the current situation on customer withdrawals from Metroplay and 666Bet? The Commission understands the current position to be: Metroplay casino customers: Website is live. Facility available for customers to request withdrawals. Customer …
Read More »666Bet notifies customers to open Skrill accounts for withdrawal payments
Following more than a month without being able to process its player withdrawals following its temporary license suspension by the UK Gambling Commission. Embattled sports betting operator 666Bet has issued a statement on its website instructing customers to open third party payment provider accounts with online wallet Skrill in order for the company to begin processing its payments The statement …
Read More »Skrill completes acquisition of Ukash
Online payment provider Skrill Group today announces that it has completed its acquisition of competitor Ukash. The acquisition deal was first announced in November 2014 and will aim to extend the scale and reach of Skrill Group’s paysafecard, further enhancing its position in the European online payments market. The completion of it acquisition of Ukash operations comes after last month’s …
Read More »Optimal Payments aims for FTSE 250 with €1.1 billion buyout of Skrill
UK business news sources have reported that London listed payments provider Optimal Payments is preparing a bid to buy competitor Skrill for reported €1.1 billion (estimated £810 million). Optimal Payments, which operates igaming payment services specialist Neteller, is looking to acquire Skrill in order to expand its digital services offering and certify its leading position within the high transaction online …
Read More »RaceBets integrates Skrill 1-Tap ahead of Cheltenham 2015
Skrill, today announces that online bookmaker RaceBets.com has added Skrill 1-Tap to its mobile and desktop offerings. With the 2015 Cheltenham Festival around the corner, RaceBets customers can now benefit from a convenient and secure payment process when placing bets at the jewel in jump racing’s crown and at race meets across the world. Skrill 1-Tap connects with Skrill’s Digital …
Read More »Skrill adds 1-Tap to SBOBET verticals
Online payment processor Skrill, today announces that it has integrated its 1-Tap payment system with SBOBET desktop and mobile verticals. Skrill 1-Tap connects with Skrill’s Digital Wallet to offer quick and easy mobile payments to merchants and customers. By using Skrill 1-Tap, SBOBET customers can make payments in ‘one tap’ on any device, rather than having to repeatedly enter their …
Read More »Skrill acquires Ukash for undisclosed fee
Online payment processing operator, has reached a final agreement to acquire pre-paid voucher provider Ukash. The sum of the acquisition was undisclosed by both parties. Skrill Group stated that the acquisition of Ukash will add scale and reach to its pre-paid unit Paysafecard, which it acquired in 2013 for €140 million. The deal comes just weeks after CVC Capital Partners-backed …
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