Articles from Paysafe Limited

A positive payment experience makes 82% of global online sports-bettors stay to continue wagering with sportsbooks, according to new research released today by leading payments platform Paysafe (NYSEPSFE). Beyond player retention, the latest ‘All the Ways Players Pay’ annual report underscores the critical role payments play in customer acquisition and the importance of sportsbooks offering localized cashiers with alternative payment methods (APMs) to ensure payment choice plus fast and secure transactions.

Paysafe (NYSEPSFE), a global payments platform, today announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) license for the country’s launch of its regulated online sports-betting and gambling market. The license allows Paysafe to expand its payment partnerships with iGaming operators into Latin America’s most populated country as well as support Brazilian merchants in a range of other industries with eCommerce payments.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the third quarter of 2024.

Paysafe Limited (NYSEPSFE), a global payments platform, will announce third quarter 2024 financial results on Wednesday, November 13, 2024, before market open.

Paysafe (NYSEPSFE), a global payments platform, today announced a strategic partnership with Gaming Innovation Group or “GiG” (First North: GIG SDB), a leading B2B iGaming technology company. Under the agreement, Paysafe becomes the GiG-endorsed payments platform for all UK, continental European, North American and Latin American operators integrating its market-leading CoreX solution.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced that it has appointed Marianne Heiss as a new independent non-executive board director and member of the Audit Committee effective today. Heiss joins as an additional member of the board, which is led by chairman Dan Henson.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced that Alex Gersh is moving into an advisory role to the Chief Executive Officer, effective September 4th, and will step down as Chief Financial Officer. Alex will remain with Paysafe in his new role for an undefined period, but at least through the end of the year. John Crawford joins Paysafe as Alex’s successor, effective immediately, and will be based in the company’s North American headquarters located in Jacksonville, Florida.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the second quarter of 2024.

Paysafe (NYSEPSFE), a global payments platform, today announced a new partnership with Alchemy Pay, a leading fiat-crypto payment solution provider. In the deal’s first phase, Alchemy Pay has integrated with Paysafe to strengthen its solution for crypto exchanges, Web3 companies and other crypto business partners, by providing their customers with a broad range of payment methods, including Paysafe’s Skrill and NETELLER digital wallets.

Paysafe Limited (NYSEPSFE), a leading payments platform, will announce second quarter 2024 financial results on Tuesday, August 13, 2024, before market open.

Paysafe Limited (NYSEPSFE), a leading payments platform, today announced that members of the Company’s management team will be participating in the following investor conferences:

With final preparations underway ahead of The Blues’ pre-season tour to the US this summer, the club is delighted to welcome Skrill, the digital wallet powered by global payments platform Paysafe (NYSEPSFE), as an official tour partner.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the first quarter of 2024.

Paysafe Limited (NYSEPSFE), a leading payments platform, today announced that Chief Financial Officer, Alex Gersh, will participate in a fireside chat at the Barclays 14th Annual Emerging Payments and FinTech Forum on Wednesday, May 15, 2024 at 11:30 AM ET.

Paysafe (NYSEPSFE), a leading payments platform, today launched Pay by Bank for iGaming, a new solution allowing U.S. online bettors to instantly and securely fund deposits at operators’ cashiers directly from their online bank account as well as cash-out winnings seamlessly. This product expands the capabilities of Paysafe’s Gateway, the iGaming payments solution that connects U.S. operators to the market’s most comprehensive range of traditional and alternative payment methods via a single integration.

Paysafe Limited (NYSEPSFE), a leading payments platform, will announce first quarter 2024 financial results on Monday, May 13, 2024, after market close.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the fourth quarter and full year of 2023.

Paysafe Limited (NYSEPSFE), a leading payments platform, today announced that Chief Executive Officer, Bruce Lowthers, will participate in a fireside chat at the Wolfe Research FinTech Forum on Wednesday, March 13, 2024 at 11:00 AM ET.

Paysafe Limited (NYSEPSFE), a leading payments platform, will announce fourth quarter 2023 financial results on Thursday, March 7, 2024, prior to market open.

Paysafe Limited (NYSEPSFE), a leading payments platform, today announced that Chief Revenue Officer, Rob Gatto, will participate in a fireside chat at the 8th Annual Evercore ISI Payments & Fintech Innovators Forum on Wednesday, February 28, 2024 at 1:00 PM ET.

Global online sports-bettors prioritize rapid payouts and payment choice when starting their customer experience with sportsbooks, according to the 2024 All the ways players pay research from Paysafe (NYSEPSFE), a leading payments platform. Released today, the report also reveals that payments are just as valuable in strengthening the customer experience for players, whose appetite for digital wallets and even crypto payments is rising.

With the holiday season around the corner, and consumers indicating they are changing their shopping habits, this is a critical time for merchants to reevaluate their checkout, as 62% of consumers would abandon a purchase if faced with checkout complications, according to new research from Paysafe (NYSEPSFE).

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the third quarter of 2023.

Paysafe Limited (NYSEPSFE), a leading payments platform, today announced that the Company will participate in the following investor conferences:

Paysafe Limited (NYSEPSFE), a leading payments platform, will announce third quarter 2023 financial results on Tuesday, November 14, 2023, prior to market open.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the second quarter of 2023.

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, today announced that the Company will participate in the following investor conferences:

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, will announce second quarter 2023 financial results on Tuesday, August 15, 2023, prior to market open.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the first quarter of 2023.

Paysafe (NYSEPSFE), a leading payments platform, today announced the launch of its revamped Skrill digital wallet for online betting in the Canadian province of Ontario. Developed specifically to meet the payment preferences of iGaming players, the upgraded Skrill wallet allows Ontarians to instantly fund wagers and effortlessly cash-out winnings while enjoying a streamlined and intuitive user experience (UX).

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, today announced that the Company will participate in the following investor conferences:

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, will announce first quarter 2023 financial results on Tuesday, May 16, 2023, prior to market open.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading payments platform, today announced its financial results for the fourth quarter and full year 2022.

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, today announced that Chief Executive Officer, Bruce Lowthers, and Chief Financial Officer, Alex Gersh, will participate in a fireside chat at the Wolfe Research FinTech Forum on Tuesday, March 14, 2023 at 1:10 p.m. ET.

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading payments platform, will announce fourth quarter 2022 financial results on Thursday, March 9, 2023, prior to market open.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE), a leading global payments platform, today announced that it will be hosting its 2023 Analyst & Investor Day on Monday, March 13, 2023 at the New York Stock Exchange.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading global payments platform, announced today that its Board of Directors has approved a consolidation and redesignation of the issued and unissued common shares of par value $0.001, and the unissued undesignated shares, of par value $0.001, at a ratio of 1-for-12 (the “reverse stock split”), such that after giving effect to the reverse stock split, the authorized share capital of the Company shall be comprised of $22,000,000 divided into 1,600,000,000 common shares of par value $0.012 each (the “Common Shares”) and 233,333,333.3 undesignated shares of par value $0.012 each. The reverse stock split will be effective at 4:01 p.m. (ET) on December 12, 2022, and the Common Shares will begin trading on a split-adjusted basis when the New York Stock Exchange (the “NYSE”) opens for trading on Tuesday, December 13, 2022. The Common Shares will continue to trade on the NYSE under the trading symbol “PSFE”, but will trade under the following new CUSIP number starting December 13, 2022: G6964L 206. The reverse stock split was approved by Paysafe’s shareholders at the special general meeting of shareholders held on December 8, 2022 with over 95% approval for all proposals.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the third quarter of 2022.

Paysafe Limited (the “Company” or “Paysafe”) (NYSEPSFE), a leading specialized payments platform, will announce third quarter 2022 financial results on Thursday, November 10, 2022, prior to market open.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a new integrated payments partnership with HotelKey, a cloud-based software solution provider for the hospitality industry. Paysafe will seamlessly integrate with HotelKey’s software solutions to streamline payments for U.S. hotels across their front-desk, hospitality, retail, food and beverage, and other back-of-house operations.

Over half (59%) of consumers are more concerned about becoming a victim of fraud now than they were in 2021. That’s according to research* released by leading specialised payments platform, Paysafe (NYSEPSFE) which indicates that consumers across North America, Latin America and Europe are prioritising security over convenience when making online purchases, as the impact of rising inflation and energy prices continues to fuel financial worries.

Paysafe Ltd (NYSEPSFE) (PSFE.WS) has appointed Alex Gersh as its new Chief Financial Officer. Gersh joins the company on October 3, 2022, and will report into Paysafe CEO, Bruce Lowthers.

New research released today by leading specialised payments platform Paysafe (NYSEPSFE) reveals how retailers may be missing out by not accepting payments in crypto. A staggering 80% of crypto owners want to pay for goods with their crypto balances but are held back by a lack of cryptocurrency acceptance at the point of sale.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2022.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, will announce second quarter 2022 financial results on Wednesday, August 10, 2022, prior to market open.

Paysafe (NYSEPSFE), a leading specialised payments platform, has partnered with APEXX Global, the multi-award-winning global payments orchestration platform, to offer Paysafe’s payment processing services to APEXX Global’s merchant base.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Financial Officer Izzy Dawood will participate in a fireside chat at the RBC Capital Markets Financial Technology Conference on Tuesday, June 14, in New York, NY. The discussion will begin at 12:35 p.m. Eastern Time.

Embedded finance is one of the hottest trends in fintech, but despite the buzz about this transaction revolution across the industry, 49% of consumers have never heard of the term ‘embedded payments’ and while a further 23% have, they do not understand what it means. That’s according to new research** commissioned by leading specialised payments platform, Paysafe (NYSEPSFE), in which 11,000 consumers across Europe, North America and Latin America were surveyed for the company’s latest Lost in Transaction research series.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a new partnership with Strive Gaming, an advanced player account management (PAM) platform designed for the multi-state requirements of online operators in the North American market.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the first quarter of 2022.

Paysafe (NYSEPSFE), a leading specialised payments platform, announces the extension of its collaboration with Visa to integrate Visa Direct, Visa’s real-time2 push payments platform. Especially suited to industries where speed of settlement is key, such as cryptocurrency or FX trading and iGaming among many others, Paysafe will offer Visa Direct to merchants, exchanges, operators and other online businesses in the UK and Europe.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, will announce first quarter 2022 financial results on Wednesday, May 11, 2022, prior to market open.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced that fintech industry leader, Bruce Lowthers, has been appointed as Chief Executive Officer and Executive Director of Paysafe. Lowthers, who will join the company by May 1, 2022, succeeds Philip McHugh, who is stepping down as CEO and as a member of the Company’s Board of Directors. The CEO transition builds on the recent appointment of Daniel Henson as Non-Executive Chairman in March.

Paysafe (NYSEPSFE), a leading specialized payments platform, has expanded its partnership with betPARX®, a Pennsylvania-based gaming company owned by Greenwood Gaming and Entertainment, Inc. Building on Paysafe’s payments support for the Play Gun Lake brand in Michigan that is powered by betPARX, Paysafe will now also provide payments for the betPARX mobile apps for Pennsylvania and New Jersey.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a partnership with Resorts WorldBET, the new mobile sports-betting app for Resorts World New York, with brick-and-mortar casinos Resorts World Catskills (RWC) and Resorts World New York City (RWNYC). Already facilitating payments for multiple New York mobile sportsbooks since the market’s launch in January, Paysafe now enables players to make deposits with Resorts WorldBET by debit card and ACH, plus receive payouts.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced a new partnership with Bally’s Corporation NYSE: BALYNYSEBALY)

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its expanded partnership with BetWildwood, the official online sportsbook of Wildwood Casino in Colorado. BetWildwood has integrated Paysafe’s new Skrill USA digital wallet, upgrading its existing Skrill wallet to streamline depositing and payouts for its players as well as support broader customer acquisition and retention.

Leading specialised payments platform, Paysafe (NYSEPSFE), has today announced two leadership appointments to its Digital Wallets team as it continues to transform the business line under new Digital Wallets CEO, Chirag Patel. Rachel McShane is appointed as the division’s Chief Financial Officer, and Megan Oxman takes on a newly created role as Senior Vice President of New Product Development.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced its expansion into the Louisiana and Oregon mobile sports-betting markets. The company is now processing sports-bettor deposits with major mobile sportsbooks in the Louisiana market, which went live recently, as well as powering multiple iGaming affiliate programs in the state through Income Access, its marketing technology and services provider. In tandem, Paysafe has also entered the Oregon sports-betting market to streamline player deposits.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, will announce fourth quarter and full year 2021 financial results on Wednesday, March 2, 2022, prior to market open.

Paysafe (NYSEPSFE), a leading specialized payments platform, has today released new research which reveals that 55% of crypto owners – rising to 60% of 18-24 year olds – would rather get paid their salary in cryptocurrency. The top reasons for this include people seeing cryptocurrencies as a smart investment, believing that they’ll likely get paid in it soon anyway, and greater financial flexibility. The research ‘Inside the crypto community: Plotting the journey to mass adoption’ surveyed a cross section of 2,000 crypto owners living in the U.S. and U.K., including their attitudes towards the future of decentralized finance.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Cannae Holdings, Inc. (“Cannae”) NYSE: CNNENYSECNNE)

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer Philip McHugh has purchased approximately 290,000 shares of Paysafe’s common stock for a total purchase price of approximately $1.0 million. The shares were purchased on the open market on December 3rd, 2021.

Close to three quarters (71%) of U.S. small and mid-sized businesses (SMBs) that primarily sell through physical stores now have eCommerce checkouts, with 19% of these merchants diversifying online during the pandemic, according to research commissioned by leading specialized payments platform Paysafe (NYSEPSFE). The report released today also indicates the inexorable rise of contactless payments, even as SMBs protect the cash consumer while exploring new payment methods like cryptocurrency.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer, Philip McHugh, and Chief Financial Officer, Izzy Dawood, will participate in the Cannae Portfolio Conference being held December 8-9 in Las Vegas.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the third quarter of 2021.

Paysafe (NYSEPSFE), a leading specialized payments platform, today announced that its platform is live in Colorado and New Jersey with SuperBook™ Sports, the iconic sports-betting brand operated by the SBOpco LLC operating company. Players wagering with SuperBook Sports’ online and mobile sportsbook can now select from a full range of traditional and alternative payment methods.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced that due to a scheduling conflict, the Company has changed the date of its third quarter 2021 financial results press release to Thursday, November 11, 2021, prior to market open.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, will announce third quarter 2021 financial results on Wednesday, November 10, 2021, prior to market open.

Paysafe (NYSEPSFE), a leading specialized payments platform, today partnered with PlayUp, an online betting entertainment and technology group. PlayUp has plugged into Paysafe’s unified payments technology, providing players in New Jersey and Colorado with all the ways they prefer to pay, while further strengthening acquisition with a planned affiliate program powered by Income Access, Paysafe’s marketing technology and services provider.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer, Philip McHugh, and Chief Financial Officer, Izzy Dawood, will participate in a virtual fireside chat at the BMO Digital Banking Summit on Wednesday, September 22 at 1:00 p.m. Eastern Time.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer, Philip McHugh, and Chief Financial Officer, Izzy Dawood, will participate in a virtual fireside chat at the Deutsche Bank Technology Conference on Friday, September 10, at 12:05 p.m. Eastern Time.

Paysafe Limited (NYSEPSFE), a leading specialized payments platform, today announced that Chief Executive Officer, Philip McHugh, and Chief Financial Officer, Izzy Dawood, will participate in a virtual fireside chat at the BMO 2021 Technology Summit on Tuesday, August 24 at 10:00 a.m. Eastern Time.

Paysafe Limited (“Paysafe” or the “Company”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2021.

Paysafe Limited (“Paysafe”) (NYSEPSFE) (PSFE.WS), a leading specialized payments platform, will announce second quarter 2021 financial results on Monday, August 16, 2021, prior to market open.