COVID-19 spurs growth in digital money transfers
Aug06

COVID-19 spurs growth in digital money transfers

COVID-19 forced many of people to make major adjustments to the way they live, work, and communicate. This inevitably has also affected the way people pay – not only for goods and services, but also how they send money to friends and family – according to specialised payments platform Paysafe’s ‘Lost in Transaction’ research. Almost a third (30%) of consumers globally said they had given money to friends or family once or twice...

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Paysafe enhances Sportech’s Bump 50:50 software with contactless payments
Jul31

Paysafe enhances Sportech’s Bump 50:50 software with contactless payments

Paysafe, a leading specialized payments platform, has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. As North American in-stadium sports return, fans will be able to enter raffles safely and securely through Paysafe-processed contactless card payments at points of sale (POS) from Handpoint, a pioneer in defining...

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Paysafe to acquire Openbucks
Jul27

Paysafe to acquire Openbucks

Paysafe, a leading specialized payments platform, today announces its acquisition of US-based payment technology company, Openbucks, for an undisclosed sum. Openbucks is a payment gateway that allows online merchants to accept retail gift cards as an alternative form of payment to credit cards, something that is particularly popular amongst online gaming and eSports operators.  For Paysafe, this latest investment forms part of its...

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Heidelpay to acquire Paysafe’s ‘Pay Later’ business
Jul09

Heidelpay to acquire Paysafe’s ‘Pay Later’ business

The heidelpay Group (“heidelpay”), one of Germany’s fastest growing tech companies for international payments, today announces that it has agreed to acquire Paysafe Pay Later, the deferred payments arm of the Paysafe Group (“Paysafe”), for an undisclosed sum. This latest investment from heidelpay is part of its ongoing strategy to grow its European presence and deferred payments offering for merchants. Paysafe Pay Later, which...

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Paysafe and NeoPollard Interactive Expand Partnership into North Carolina Lottery Market
Jul07

Paysafe and NeoPollard Interactive Expand Partnership into North Carolina Lottery Market

Paysafe, a leading specialised payments platform, has expanded its partnership with NeoPollard Interactive (“NPi”), the leading provider of the most profitable iLottery programs in North America. Through this partnership, NPi’s technology leverages Paysafe’s proprietary payment gateway to power the iLottery services offered by the North Carolina Education Lottery. Paysafe and NeoPollard Interactive first partnered in the U.S. market...

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Vivaticket forms global partnership with Skrill
Jun30

Vivaticket forms global partnership with Skrill

Vivaticket, a major international operator in the creation, production, marketing and management of integrated electronic ticketing and access control systems, announces a global partnership with Skrill, a digital payments leader which is part of Paysafe, a leading specialised payments platform. Vivaticket sells more than 3.9 million tickets per year in 50 countries through responsive portals and mobile apps. Following the new...

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Paysafe’s Skrill extends Knect loyalty program to U.S. customers
Jun15

Paysafe’s Skrill extends Knect loyalty program to U.S. customers

Paysafe, a leading specialized payments platform, today announced the U.S. expansion of the global Knect loyalty program for its Skrill digital wallet. U.S. Skrill customers can now earn free points redeemable for cash rewards when they make transactions using the digital wallet or the associated Skrill Visa® Prepaid Card.  Following the launch of the Skrill Visa® Prepaid Card in January and Skrill Money Transfer this month, the...

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Eldermark Integrates with Paysafe to Provide Swift and Profitable Business Transactions
Jun10

Eldermark Integrates with Paysafe to Provide Swift and Profitable Business Transactions

Eldermark, an acclaimed healthcare technology provider for the senior care industry, announced today its integration with Paysafe, a leading specialized payments platform, to bring customers greater convenience with simplified payments. Eldermark’s senior living customers can now easily make payments via ACH and credit card. Many senior living communities and their business office managers currently handle billing procedures through a...

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Paysafe appoints Noah Sharp as Chief Banking Officer
May07

Paysafe appoints Noah Sharp as Chief Banking Officer

Paysafe, a leading specialized payments platform, has appointed Noah Sharp as Chief Banking Officer with global responsibility for leading and developing the company’s banking, payment partner and card network relationships. Sharp, an experienced international corporate banker and specialist in Fintech banking and payments, is based in London and reports into Danny Chazonoff, Paysafe’s Chief Operating Officer. According to Chazonoff,...

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Paysafe appoints Noah Sharp as Chief Banking Officer
May07

Paysafe appoints Noah Sharp as Chief Banking Officer

Paysafe, a leading specialized payments platform, has appointed Noah Sharp as Chief Banking Officer with global responsibility for leading and developing the company’s banking, payment partner and card network relationships.  Sharp, an experienced international corporate banker and specialist in Fintech banking and payments, is based in London and reports into Danny Chazonoff, Paysafe’s Chief Operating Officer. According to Chazonoff,...

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paysafecard continues expansion in South America with launch in Paraguay
Apr28

paysafecard continues expansion in South America with launch in Paraguay

paysafecard, a market leader in online prepaid payment solutions and part of specialized payments platform, Paysafe, continues to strengthen its presence in South America by launching in Paraguay. paysafecard enables consumers to shop for goods and services online, simply and securely, using a 16-digit PIN to complete the payment transaction. It opens up significant possibilities for online shopping for millions of consumers who were...

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Skrill offers free services to SMBs supporting COVID-19 initiatives
Apr02

Skrill offers free services to SMBs supporting COVID-19 initiatives

 Skrill, the online payments company, is offering its wallet and Quick Checkout solution free of charge to the many small to medium-sized businesses (SMBs) around the world which are providing products or services supporting communities during the COVID-19 outbreak. The move, which takes effect from today until at least September 30, 2020, will particularly support the small businesses which have had to digitise their companies for...

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Paysafecash launches in Latvia to enable online cash purchases
Apr01

Paysafecash launches in Latvia to enable online cash purchases

Leading specialised payments platform, Paysafe, launches Paysafecash in Latvia today as a new secure and easy way to pay for online purchases in virtually any area of the retail space. Now available in 26 countries, Paysafecash is designed for consumers who do not have a bank account or credit card ─ or who do not want to disclose sensitive financial data on the internet. It is easy for consumers to use: The customer selects...

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Paysafe and Mastercard extend strategic partnership
Mar12

Paysafe and Mastercard extend strategic partnership

Paysafe, a leading specialised payments platform, has today announced an expanded strategic partnership with Mastercard. The new agreement is designed to support Paysafe’s growth and card acceptance in the European Economic Area (EEA) with a particular focus on Paysafe’s card issuing solutions, including its Skrill Prepaid Mastercard® and NETELLER Net+ Prepaid Mastercard®. Paysafe has been a Principal Member of the card scheme since...

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Paysafe joins Banking Circle
Feb13

Paysafe joins Banking Circle

Paysafe Group Limited, a leading global payments provider, has joined Saxo Payments Banking Circle for fast, cost-effective local and cross border settlement. Through membership of Banking Circle, Paysafe has the added ability to offer its clients settlement accounts from Saxo Payments for their card scheme flow. Paysafe provides end-to-end payment solutions for both merchants and consumers around the world. In this partnership,...

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Paysafe signals major expansion into North America with new 2018 Verizon IndyCar Series Partnership
Feb08

Paysafe signals major expansion into North America with new 2018 Verizon IndyCar Series Partnership

Paysafe announced a significantly heightened focus in both the US and motor sport markets, as part of its ongoing global brand strategy aimed at exploiting the substantial growth opportunities it has identified in North America. Following a successful partnership with Canadian rookie driver, Zach Claman De Melo (19), in a single Verizon IndyCar Series race last year, Paysafe will become the primary and naming sponsor to two of the...

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Paysafe wins Payment Solution of the Year at Global Gaming Awards
Feb07

Paysafe wins Payment Solution of the Year at Global Gaming Awards

Paysafe has been awarded with the accolade of Payment Solution of the Year at the Global Gaming Awards London 2018 during a VIP, invite-only ceremony in the heart of the capital last night. Presented by BetConstruct CEO and Co-Founder, Vigen Badalyan, this prestigious award recognises the important role payment companies play in delivering a seamless customer experience, be it in the land-based arena or online in the last year....

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Money Transfers made easy with Skrill Send Direct
Feb06

Money Transfers made easy with Skrill Send Direct

Paysafe’s peer to peer payment service supports the underserved Paysafe has launched Skrill Send Direct, a new money transfer service offered by Skrill, a Paysafe digital wallet that provides consumers with online stored value accounts. Available to millions of Skrill users, Skrill Send Direct provides consumers with enhanced money transfer options, over and above wallet-to-wallet and wallet to e-mail address transactions, by enabling...

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Skrill sponsors leading esports team QLASH
Jan26

Skrill sponsors leading esports team QLASH

Skrill has signed a sponsorship deal with leading international esports team QLASH. QLASH was founded in 2017 by professional poker players and entrepreneurs Luca Pagano and Eugene Katchalov. In its first year, Treviso-based QLASH has become one of the fastest-growing esport teams in Europe and the leading esports team in Italy. The sponsorship will include Skrill branding and advertising on the QLASH team channel and across all...

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PSD2 – a Challenge or an Opportunity?
Jan15

PSD2 – a Challenge or an Opportunity?

PSD2, which comes into effect this weekend, is an evolution and extension of existing regulation for the payments industry. It aims to increase competition in the payments industry, bring into scope new services and enhance customer protection and security. There are businesses which have chosen to overcome it by introducing a service fee model to their transactions ahead of the January 13 drop date, though this may not work for all...

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Paysafe scoops Best Customer Policy accolade from Forbes Bulgaria Business Awards 2017
Dec22

Paysafe scoops Best Customer Policy accolade from Forbes Bulgaria Business Awards 2017

Accolade follows a spate of recent award wins for Paysafe in employee engagement, product innovation and leadership Paysafe Group Limited has completed the year by winning another high profile industry award, this time winning in the Best Customer Policy category at the Forbes Bulgaria Business Awards 2017. The annual event, which recognises best business practices and entrepreneurial spirit showcased the companies and people...

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Payments Transforming Black Friday / Cyber Monday for Consumers
Nov23

Payments Transforming Black Friday / Cyber Monday for Consumers

Oscar Nieboer, Chief Marketing Officer, Paysafe: “While Black Friday was traditionally an in-store event, technology has changed the way we shop and more and more retailers are now using e-commerce to launch their sales campaigns before they feature in their physical stores. This has the benefit of attracting a far wider audience. The expansion of e-commerce coupled with ever-growing smartphone usage has enabled the rise of...

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Paysafe Bulgaria Donates Computers to Local Schools
Nov16

Paysafe Bulgaria Donates Computers to Local Schools

Ongoing Commitment to Digital Inclusion & Talent Development in Bulgaria Paysafe Bulgaria will donate over 200 laptops to 11 schools by the end of 2017 providing students from the districts of Vratsa, Kardzhali, Haskovo, Stara Zagora and Montana with the opportunity to learn and work on education-orientated Acer laptops. The schools were selected based on the need of better equipped technical bases. Paysafe Bulgaria, recently...

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Paysafe: How can Companies Profit by Jumping on the Singles Day Bandwagon
Nov10

Paysafe: How can Companies Profit by Jumping on the Singles Day Bandwagon

Oscar Nieboer, Chief Marketing Officer, Paysafe Group plc Originating in China back in the ‘90s and celebrated on November 11th every year, Singles Day, what was once upon a time a day to commemorate singledom, is rapidly growing as a global retail event. The e-commerce platform that established the annual shopping event, Alibaba, generated $17.8 billion in sales last year, earning $5 billion within the first hour alone, and is set...

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More than Half of UK public think Fraud is Inevitable when Shopping Online
Oct19

More than Half of UK public think Fraud is Inevitable when Shopping Online

Report reveals merchant focus on convenience at the expense of security is a false economy More than half (52 percent) of UK consumers think fraud is an inevitable part of shopping online, according to new research conducted by Paysafe, a leading global payments provider. In a wake-up call for online business, the Lost in Transaction report contradicts the widely-held belief that consumers value convenience and experience over...

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