Tag: Paysafe

August 17, 2022 BY Steffy Bogdanova

Paysafe gains registration as a VASP in Italy

The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…

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August 03, 2022 BY Steffy Bogdanova

Paysafe names Rob Gatto its first CRO

Gatto is a seasoned technology executive who brings decades of experience of delivering growth and ‘go to market’ functions for private, as well as public businesses of all sizes. Most recently, he was co-founder and President of Ureeka Inc., a community to help small businesses go to market and grow quickly Prior to that, Gatto…

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June 28, 2022 BY Steffy Bogdanova

Paysafe integrates Mastercard Send into its payments platform

Paysafe’s platform latest updated will allow access to Mastercard Send via the existing payment connection, alongside the full suite of Paysafe’s payment products and services. The integration will also provide merchants  with automatic reconciliations plus transaction data along with customisable reports. Scott Abrahams, Senior Vice President Business Development, United Kingdom and Ireland SIP at Mastercard…

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April 08, 2022 BY Steffy Bogdanova

Paysafe appoints Bruce Lowthers as new CEO

Philip McHugh, who Lowthers succeeds, led Paysafe through the pandemic and took the company public, positioning it for its next phase of growth. Daniel Henson added: On behalf of the Board, I want to thank Philip for his leadership over the past three years.  He has taken Paysafe public, expanded its footprint and established value-added…

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February 01, 2022 BY Steffy Bogdanova

Paysafe finalises acquisition of SafetyPay

With its acquisition, Paysafe gains further access in the fast-growing Latin American eCommerce market, where merchants and consumers have growing interest in using use eCash solutions to transact online. With SafetyPay’s network of bank relationships in Latin America, Paysafe is positioned to take part in the open banking market through integrating further its services and…

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Acquisition
November 02, 2021 BY Steffy Bogdanova

Paysafe completes acquisition of German company viafintech

Viafintech’s customers use their solutions for bill payments and credit pay-outs, as well as for online shopping in general. Millions of consumers in the region who don’t have bank accounts, or who simply prefer the heightened security, use eCash to pay online. Udo Müller, CEO of Paysafe’s eCash division, commented: This is a very exciting…

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digital wallet
October 15, 2021 BY Steffy Bogdanova

Paysafe’s NETELLER announces new fiat-to-crypto withdrawal service

The service is already available in ten countries including UK, Chile, Canada and Australia. The company noted it plans to make it available for more countries and to add more cyrptocurrencies for withdrawal in the future. The new feature follows the fiat-to-crypto withdrawal service for Skrill, Paysafe’s other digital wallet, launched in February of this…

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Acquisition
August 16, 2021 BY Steffy Bogdanova

Paysafe signs a $441 deal to acquire SafetyPay

Philip McHugh, CEO of Paysafe, commented: We are very excited to welcome SafetyPay into the Paysafe family. The team has successfully built a market-leading payment platform that has become the de facto open banking solution for Latin America. We look forward to partnering with Gustavo and the team to continue to build eCash and online…

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Paysafe names Chirag Patel CEO of Digital Wallets division
August 10, 2021 BY Steffy Bogdanova

Paysafe names Chirag Patel CEO of Digital Wallets division

Philip McHugh, Paysafe’s CEO, said: Chirag has an awesome track record as a high-performing payments’ executive and has successfully launched and grown multiple consumer-facing and B2B payments products and services around the world.  I’m thrilled to have someone of his caliber and energy-level to take our Digital Wallets business to the next level of growth.…

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