Paysafe Joins the MyBank Ecosystem

  • Payments
  • 08.10.2024 09:05 am

MyBank, the widely used account-to-account (A2A) payment method enabling individuals, companies and public authorities to make and receive payments directly through their online banking portal/app is announcing a new partnership with leading payments platform Paysafe. 

Under this agreement, Paysafe will offer their Skrill and NETELLER digital wallets users access to MyBank’s trusted interbank network for a swift, secure, and convenient way to add money to their wallets (wallet recharge), using an immediate, irrevocable and fully pre-filled wire transfer form. 

Any Skrill and NETELLER users with an account at a MyBank participating bank in Italy, with future expansion planned for users in Belgium, Spain, and Portugal, can now top up their balance following three simple steps:

1. Log into the Skrill or NETELLER account and select MyBank for the top-up under the Deposits section.
2. Enter the desired deposit amount.
3. Authorize the transaction for the funds to be available immediately in their balance. 

Bob Legters, SVP Product, Digital Wallets, at Paysafe said: "We are excited to collaborate with MyBank to offer our digital wallet users a convenient local payment option for topping up their Skrill and NETELLER accounts. Utilizing local payment providers like MyBank enhances customer confidence in accessing a variety of payment preferences. This partnership significantly improves the customer experience, making it easier and more enjoyable for users to upload funds and make payments for their favorite activities."

Riccardo Porta, Head of Business Development at PRETA, the company that owns and manages MyBank, commented: “We are enthusiastic about the integration of MyBank into Paysafe’s Skrill and NETELLER digital wallets.

Our collaboration with the Paysafe teams established operational standards that will further consolidate the notion of trust for all stakeholders. We are confident that this new use case will appeal to the many customers who prefer to use their bank account for their online transactions.”

 

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