Optimal Payments to Buy Out Skrill Payment Processing

Skrill Payment ProcessingIn the online casino world, one of the most important things is to have access to easy and consistent payment processing companies. This allows players to feel confident in their ability to make deposits and withdrawals at will without having to worry about any kind of shady business going on. The Skrill payment processing option has made a ton of progressive over the past few years, and they’ve even gotten to the point of rivaling industry juggernaut Neteller. Now they are going to be purchased by Optimal Payments for an incredible $1.2 billion.

Rise of the Skrill Payment Processing Method

Back years ago, MoneyBookers was known as a somewhat obscure payment processing option, and in all reality, during the early days it was only really used by players who couldn’t use Neteller for some reason. After they rebranded themselves to the Skrill name and logo, they were able to make a lot of big advances forward and make themselves a higher profile option. Now they are often considered on par with Neteller at most online casinos, and many sites have special bonus offers just for using this payment option.

Details on the Deal

On this deal, Skrill is going to be given to Optimal Payments from CVC Funds for a total of about $1.2 billion. This valuation comes after Skrill had taken in a number of smaller payment solutions including the paysafecard brand which it purchased several months ago. While this deal still has to undergo shareholder approval and certain regulatory approvals, it’s pretty much a foregone conclusion at this point.

What Can Players Expect?

As far as what players can expect in terms of changes, chances are that the service won’t change very much at all. On a business-oriented level, Skrill employs thousands of people, and it’s not like they’re going to just wipe everyone out and start over clean. There may be a few small changes for the sake of optimization, but this isn’t likely to be anything that players will really notice.

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