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Screenshot of a breaking news alert e-mail from Q2 2017
International payment services provider Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, has signed an agreement with HomeSend, joint venture between MasterCard, eServGlobal and BICS.
Through the agreement, Paysafe’s NETELLER and Skrill services will use the HomeSend global payments hub to offer more sending destinations and payment options for receiving cross-border money transfers.
This is not the first time that HomeSend and Skrill partner with each other. The companies initially collaborated with the launch of remittance services in 2014 and currently have services live in six countries in Africa, Asia and Eastern Europe.
Today’s agreement will offer users of Paysafe remittance services access to more options for receiving funds in ways that are fast, cost-effective and convenient. New countries will be added in the near future. These options include sending money to mobile wallets registered to local mobile network operators, direct to bank accounts and MasterCard cards.
Lorenzo Pellegrino, Chief Executive of Paysafe Digital Wallets, says,
“In our increasingly connected world, consumers have a growing appetite for simple, safe and secure online and mobile payment services. Helping people send and receive money wherever they are via services that are relevant to their needs is at the heart of what we do. We look forward to working with HomeSend to further extend our payment services into new markets and boost our existing remittance business.”
Stephen Doyle, CEO, HomeSend, says,
“At HomeSend, we are focussed on building the most comprehensive network of money transfer providers in the world. Paysafe offers an innovative suite of payment solutions and we are pleased to be expanding our partnership with them to enable people to send and receive funds in real-time in additional emerging markets.”
For the official announcement from Paysafe, click here.