Articles from Paysafe

Paysafe (NYSEPSFE) has partnered with Deutsche Bank AG, Germany’s largest retail bank, to provide private customers with easy access to cash services. Powered by Paysafe’s barcode solution, Paysafecash (marketed in Germany as “viacash”), banking customers in Germany will be able to deposit and withdraw cash seamlessly to and from their bank accounts. This service will be available for private customers first for the Postbank brand in November and is planned to be rolled out to the Deutsche Bank brand in the second half of 2025.

Over half of consumers worldwide (56%) have changed their spending habits from a year ago, not only becoming more price conscious but demanding payment choice, from debit cards and bank transfers to digital wallets and cash, according to new research from Paysafe (NYSEPSFE), a global payment processor and digital wallet provider.

After a challenging 2023, nearly half (49%) of consumers worldwide are confident that their financial situation will improve in the coming year. This is according to new research from Paysafe (NYSEPSFE), which reveals a consumer landscape characterised by a mix of optimism, caution, and a willingness to adapt spending habits.

Paysafe (NYSEPSFE), a leading payments platform, announces the extension of its collaboration with Visa, a world leader in digital payments, to integrate Visa Network Tokens, as an alternative to primary credit and debit card account numbers. The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorisation rates.

Paysafe (NYSEPSFE), a leading payments platform, today announced a new partnership with Fanatics Betting and Gaming, the subsidiary of global digital sports platform Fanatics Holdings Inc. Under the deal, Fanatics Sportsbook has integrated with Paysafe to offer its customers traditional card payments and other alternative payment methods (APMs).

Paysafe (NYSEPSFE), a leading payments platform, and Eightcap, a global retail trading provider, are excited to announce the strengthening of their partnership through the introduction of an innovative Embedded Trading Wallet solution. This strategic collaboration aims to provide a joint embedded finance solution for Eightcap and Paysafe’s shared partners and merchants.

Leading payments platform Paysafe (NYSEPSFE), and German-licensed iGaming platform The Mill Adventure, announce today an extended payments partnership which will see The Mill Adventure’s partner casinos and their players in Germany have access to a greater choice of alternative payments options. Following the successful integration of Paysafe’s digital wallets in 2020 as an alternative payment method on its platform, The Mill Adventure has now added Paysafe’s eCash solution to its choice of payments, appealing to the many players who prefer to budget and pay for their gaming experience in cash.

Paysafe (NYSEPSFE), a leading payments platform, today announced a new partnership with Betr, the micro-betting app from American professional boxer and social media influencer Jake Paul that is disrupting the U.S. sports-betting space. The first phase of a multi-state deal sees Paysafe enable Betr’s customers in Ohio and Massachusetts to seamlessly fund micro-bets and traditional wagers using their debit card.

With artificial intelligence (AI) being one of the most talked about technologies of 2023, consumers are gradually growing their understanding of its role in the payments process. Research* among over 14,000 consumers commissioned by global payments platform Paysafe (NYSEPSFE) highlights the extent of the potential for the technology in payments if the current lack of consumer awareness and comfort are addressed.

Consumer demand for travel, leisure and other experiences remains strong despite the increase in cost of living according to Paysafe (NYSEPSFE) research* released today. The leading payments platform found that 51% of consumers are still prioritising spend in these areas over other discretionary spending.

Cryptocurrency exchange CryptoOrange has partnered with leading payments platform, Paysafe (NYSEPSFE) (PSFE.WS), to offer new ways for its customers to buy and sell cryptocurrencies internationally. Paysafe, which has an extensive track record of serving merchants and consumers in the global entertainment sectors including the Digital Assets space, is also partnering with the fast-growing cryptocurrency exchange to support its geographical expansion, particularly in the Latin America region where it recently acquired two local payments companies offering an extensive payments network across Brazil, Peru, Mexico, Ecuador, Chile and Colombia.

Paysafe (NYSEPSFE) (PSFE.WS) has appointed Nicole Carroll as its first ever Chief Strategy and Innovation Officer. Carroll joins the company today and reports into Paysafe CEO, Bruce Lowthers.

Paysafe (NYSEPSFE), a leading payments platform, today announced its expansion into the new Massachusetts mobile sports-betting market. Paysafe is live and powering play and payments safely for multiple mobile sportsbooks in New England’s most populated state, ensuring that players can seamlessly fund their accounts by debit card and other online payment solutions.

Greyhound Lines, Inc., the largest provider of long-distance bus transportation in the U.S., has partnered with leading payments platform Paysafe (NYSEPSFE) to roll-out online cash services. Greyhound customers can now use Paysafe’s eCash solution Paysafecash to make safe and secure cash payments when booking a trip online.

Quick and easy payouts trump all other factors for North American and U.K. online sports bettors when selecting a sportsbook, according to the latest All the ways players pay research from leading payments platform Paysafe (NYSEPSFE). Released today, the report also reveals the crucial role of the payments experience in player retention as well as sports bettors’ rising interest in digital wallets and eCash.

Paysafe (NYSEPSFE), a leading payments platform, today announced its expansion into the new Ohio online sports-betting market after entering the Maryland iGaming space in Q4 2022. Paysafe is now powering play safely for a range of sportsbooks in the Midwestern state by providing their players with a comprehensive suite of payment options, including credit card and debit card deposits, Paysafe’s Skrill digital wallet for both deposits and payouts, and other solutions.

Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience as critical to growth. New research among 200 U.S. brick-and-mortar SMBs commissioned by leading payments platform, Paysafe (NYSEPSFE), revealed that 69% of merchants want to reduce the time their customers spend at the checkout. 70% of them also want to prioritize integrating new payments technology in-store to enhance customer experience.

Paysafe’s (NYSEPSFE) cash arm – viafintech – has started a new partnership with Germany’s third-largest bank by number of customers, ING Germany. From today, more than nine million ING customers can make cash deposits or withdrawals from their current account at participating retailers across the country. The new cash feature, known as ‘ING Cash’ (locally known as ING Bargeld), is available within ING’s ‘Banking to Go’ app.

Paysafe (NYSEPSFE), a leading payments platform, today announced a partnership with Virgin Voyages, Richard Branson’s lifestyle travel brand focused on delivering irresistible cruise vacations for adult travelers. Paysafe will ensure travelers can quickly and securely pay online for their next cruise with Virgin Voyages, whose payments risk will also be mitigated by Paysafe’s bespoke travel solution.

The majority of online SMBs (small to medium size businesses) rely on seasonal business to keep them afloat, but around half (52%) say they have experienced checkout issues during these vital surge shopping periods, up from 43% in 2021. That’s according to new research with over 1,100 merchants in 12 countries* commissioned by leading specialised payments platform Paysafe (NYSEPSFE).

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer Bruce Lowthers will participate in a fireside chat at the Credit Suisse 26th Annual Technology Conference on Wednesday, November 30, in Scottsdale, Arizona. The discussion will begin at 10:15 a.m. MT / 12:15 p.m. ET. Management will also be available for meetings during the conference.

Leading specialised payments platform Paysafe (NYSEPSFE) has further strengthened its relationship with Microsoft, launching paysafecard as a new alternative payment option on Microsoft.com and Xbox.com in the United States and eight additional European countries.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its entry into the new Kansas online sports-betting market. The move sees Paysafe supporting multiple online sportsbooks in the state with players’ credit and debit card deposits plus ACH payments, while its marketing technology and services provider Income Access is powering the affiliate marketing programs of several Kansas iGaming brands.

Paysafe (NYSEPSFE), a leading specialised payments platform, announces a new partnership with Spreedly, a leading global payments orchestration platform provider, to offer Paysafe’s payment gateway to Spreedly’s international merchant base.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a partnership with ClutchBet, the new Denver-headquartered U.S. mobile sportsbook from Australia’s BlueBet Holdings Ltd. (ASX: BBT). The first stage of a multi-state partnership sees Paysafe’s revamped Skrill USA digital wallet and its Paysafecash eCash solution facilitate online payments for ClutchBet’s Iowa sportsbook and its players.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that members of the management team will participate in the following upcoming investor conferences in September:

Paysafe, a leading specialized payments platform, today announced the appointment of Rob Gatto as Chief Revenue Officer (CRO). As the company’s first CRO, Gatto is charged with spearheading Paysafe’s international sales function across a range of high growth sectors including gaming, travel and entertainment, and the crypto and fintech industries. Effective immediately, Gatto reports into Paysafe’s CEO, Bruce Lowthers, who joined the company in May.

Paysafe (NYSEPSFE), a leading specialized payments platform, has won in the ‘Payment Innovation of the Year’ award category at the 2022 SBC Awards North America, held Thursday, July 14th, at Pier Sixty in New York City. The award recognizes the product revamp of Paysafe’s Skrill USA digital wallet to enable players to instantly fund iGaming deposits and receive payouts, while also tailoring the wallet for high-stakes bettors with a VIP player program.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its entry into the Arkansas mobile sports-betting market through a partnership with BetSaracen, the sportsbook app from Saracen Casino Resort in Pine Bluff, Arkansas, which is owned by the Quapaw Tribe, based in Oklahoma. The partnership’s first phase sees BetSaracen integrate Paysafe’s Skrill USA digital wallet to enable players to make frictionless deposits and payouts.

As inflation rates rise across the globe, the resulting ‘cost-of-living crisis’ is forcing changes in consumer payment habits – with a particular focus on methods that help track spending. That’s according to new research* commissioned by leading specialised payments platform, Paysafe (NYSEPSFE), surveying 11,000 consumers across Europe, North America and Latin America for the company’s ‘Lost in Transaction’ report, Consumer payment trends 2022: Navigating online payments in the age of uncertainty.

Mastercard and Paysafe (NYSEPSFE) today announce the integration of Mastercard Send into Paysafe’s payments platform, enhancing the payout capabilities offered to Paysafe’s merchant customers in the UK and EU. The addition of Mastercard Send is the latest extension of the ongoing global relationship between the two companies which supports multiple Paysafe products and services.

Over a third (39%) of American consumers have permanently changed how they pay since early 2020, when the COVID-19 pandemic began, reveals research by leading specialized payments platform Paysafe (NYSEPSFE). The study, which is released today, also shows that contactless payments have gone mainstream.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced that Income Access, its marketing technology and services provider, won in the ‘Affiliate Tracking Software of the Year’ category at the 2022 SiGMA Americas Awards, held Wednesday, June 8th, at the Rebel Club, in Toronto, Canada.

Paysafe (NYSEPSFE), a leading specialized payments platform, today launched a new program for its Skrill USA digital wallet that caters to the wagering preferences of high-stakes American online gamblers. Building on the recent Skrill USA product upgrade, the new program, which has been first rolled-out with the PlayUp USA sportsbook, provides enrolled players with the U.S. iGaming industry’s highest limits for instantly funding a deposit.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its expanded partnership with the Ontario Lottery and Gaming Corporation (OLG), the Ontario government agency that conducts and manages gaming facilities, the sale of province-wide lottery games, and OLG.ca internet gaming, including its digital sports platform PROLINE+. The new OLG.ca affiliate program is powered by the affiliate software of Income Access, Paysafe’s marketing technology and services provider, which is also managing the program.

Paysafe (NYSEPSFE), a leading specialised payments platform, today announces a new global partnership with Playtech (LSE: PTEC), the world’s leading gambling technology company. The new agreement represents the extension of an existing partnership between the two companies into the UK and Europe from the US, where Playtech offers Paysafe’s leading payment solutions to iGaming operator customers through its technology platform.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a new partnership with Exeter Finance LLC, a leading indirect auto finance company headquartered in Irving, Texas. Paysafe is expanding its presence in the payments space for U.S. auto finance by offering its Paysafecash online cash, or eCash, solution as a payment method for Exeter customers.

Paysafe (NYSEPSFE), a leading specialized payments platform, won in the ‘Payments Provider’ category at the EGR North America Awards, held last night at the Midtown Loft & Terrace in New York City. After winning the ‘Payments Provider’ award last year, Paysafe has again been recognized following the growth of its payment solutions across the U.S. and Canada alongside product innovation for its Skrill USA digital wallet for iGaming.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its expanded partnership with Betsson Group (STO: BETS-B), the international iGaming operator with multiple online sportsbook and casino brands, including Betsafe. Building on Paysafe’s longstanding payments support for Betsson globally, the company is now providing a range of traditional and alternative payment solutions to the new Betsafe online sportsbook for Colorado.

Paysafe (NYSEPSFE), a leading specialized payments platform, has announced that it is live and supporting private iGaming operators with payments in the Canadian province of Ontario’s expanded market, which launched today. Building on longstanding payments partnerships with the Canadian provincial government-operated lotteries, Paysafe is now powering payments for leading operators in Ontario’s new private market.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a partnership to provide online credit and debit card payment processing for the Hard Rock Online Casino New Jersey mobile app.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced the completion of its SafetyPay acquisition. SafetyPay is a leading payments platform operating primarily in Latin America that enables eCommerce transactions via a wide choice of open banking and eCash solutions. For Paysafe, this latest deal further strengthens its strategic foothold in Latin America, building on its recently announced acquisition of Peruvian payments platform, PagoEfectivo. Together the two acquisitions set Paysafe up to be the leading open banking and eCash solutions provider in Latin America, one of the world’s fastest-growing online markets.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its expansion into the regulated New York sports-betting market to strengthen its position as the leader in North American iGaming payments and affiliate marketing. Steered by Zak Cutler, Paysafe’s new CEO of North America iGaming, the move builds on the company’s strong 2021 growth across the U.S. and Canada, where its established presence benefited from federal sports-betting regulation, and a major Skrill USA digital wallet upgrade for iGaming.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announces the latest milestone in its strategy to become a fully cloud-based payments provider with the migration of its digital wallets, Skrill and NETELLER, and all associated business services to Amazon Web Services (AWS). The completion of the Digital Wallets cloud migration is part of a global multi-year agreement with AWS that supports Paysafe’s cloud strategy.

Paysafe (NYSEPSFE), a leading specialised payments platform, today announced that it has completed its acquisition of market-leading German fintech company, viafintech. viafintech, known under the brand viacash, offers one of the largest bank-independent alternative payments infrastructures in Europe, allowing a popular alternative to the traditional banking system. For Paysafe, the investment allows it to expand in critical markets and position itself as the essential payments partner to challenger banks around the world.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a new partnership with INTRALOT, a leading global gaming solutions supplier. INTRALOT’s sports-betting platform has integrated with Paysafe to enable the Montana government-operated lottery to provide its online sportsbook patrons with a comprehensive suite of traditional and alternative payment methods via a single API.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a partnership with Fubo Gaming, the Chicago-based subsidiary of leading sports-first live TV streaming platform fuboTV Inc. NYSE: FUBONYSEFUBO)

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced it has appointed seasoned iGaming executive, Zak Cutler, as CEO, North America iGaming. The newly created executive role, which reports directly into Group CEO, Philip McHugh, forms part of Paysafe’s ongoing strategic focus in the North American iGaming vertical which continues to show explosive growth as more and more states in the U.S. regulate online gambling, sports betting and iLottery.

bunq, the app-based Dutch challenger bank, has partnered with leading specialised payments platform, Paysafe (NYSEPSFE), to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe’s eCash solutions, to conveniently add cash into their bunq accounts.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced an expanded partnership with Betfred USA Sports, the wholly-owned U.S. subsidiary of U.K.-based bookmaker Betfred Group. Building on an existing payments relationship, the deal sees Betfred USA Sports plug into the affiliate marketing software of Income Access, Paysafe’s marketing technology and services provider, for the upcoming launch of a multi-state affiliate program.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced that it has completed its acquisition of PagoEfectivo, a market-leading, Peruvian-based alternative payments (APM) platform. For Paysafe, the investment gives it a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating an increased appetite for alternative payment methods and open banking solutions. Together with its recently announced plans to acquire SafetyPay, the two Latin American investments position Paysafe as a prominent payments partner in the region.

Paysafe (NYSEPSFE) (“the company”), a leading specialized payments platform, today announced that it has signed a definitive agreement to acquire SafetyPay for USD 441 million in an all-cash transaction. SafetyPay is a leading payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. For Paysafe, this latest deal strengthens its strategic foothold in Latin America, building on its recently announced acquisition agreement with Peruvian payments platform, PagoEfectivo. Together the two acquisitions set Paysafe up to be the leading open banking and eCash solutions provider in Latin America, one of the world’s fastest-growing online markets.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced it has appointed international payments executive, Chirag Patel, as CEO of its global Digital Wallets business. Patel will report directly into Group CEO, Philip McHugh, when he joins the company in early September.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating an increased appetite for alternative payment methods and online banking solutions.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced it has appointed seasoned executive, Mark Brooker, as an independent non-executive board director effective July 22. Brooker joins as an additional member of the board, which is led by chairman Bill Foley, and also includes executive director and Paysafe CEO, Philip McHugh.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced an expanded partnership with FOX Bet, a U.S. online and mobile sports-betting platform operated by Flutter Entertainment plc (LSE: FLTR; EURONEXT: FLTR). Building on Paysafe integrations across multiple states, FOX Bet has now strengthened its Michigan sportsbook’s payments offering with the Skrill digital wallet and paysafecard eCash solution.

Leading specialized payments platform, Paysafe (NYSEPSFE), announces it has signed a global multi-year agreement with Amazon Web Services (AWS) as part of its strategy to become a fully cloud-based payments provider. Through this collaboration, Paysafe is migrating its broad portfolio of mission critical workloads, including eCash solutions, paysafecard and Paysafecash, and its digital wallets, Skrill and NETELLER, to AWS to develop new cloud-native merchant payment and consumer wallet products for its business and consumer customers. The first milestone of the collaboration has already been completed with the transition of Paysafe’s eCash solutions to the cloud.

Paysafe (NYSEPSFE), a leading specialised payments platform, today announces its carbon neutral company status for 2021 and 2022. The milestone forms part of the company’s ongoing commitment to offsetting its unavoidable carbon emissions as part of its environmental programme.