Skrill Partners With Cybits For Online Payments Security

Online payment solutions provider Skrill has announced it will be partnering with Cybits, following a share in the company at the end of 2012. Through its subsidiary, Cybits AG, the company’s core product is [verify-U], which offers electronic age and ID verification. [verify-U] is the only online age verification solution currently on the German market, offering 85% coverage and successfully identifying 1.8 million people to date. The combined offering will focus on the German gambling market, where additional regulatory requirements are being introduced.