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Paysafe Bolsters International Processing Capabilities with European Cross-border Acquiring Services
LONDON, May 18, 2016 /PRNewswire/ --
Paysafe (PAYS.L), a leading global provider of payment solutions, today announces the
launch of its multi-currency cross-border acquiring capabilities in Europe. The new
capabilities allow Paysafe to offer full-service processing solutions to more businesses
across the European Economic Area (EEA). Â
(Logo:
http://photos.prnewswire.com/prnh/20160517/368797LOGO )
Among the products it offers, Paysafe's PCI-compliant payments platform enables
processing in over 100 currencies and provides industry-certified fraud and risk
management tools, helping businesses around the world accept payments securely online and
through mobile devices.
As a principal member of MasterCard(R) Europe and Visa(R) Europe, Paysafe directly
acquires merchant accounts and processes transactions. Through its newly broadened
acquiring capabilities, the company is now able to offer its full-service, multi-territory
European payment processing solutions to merchants based in all EEA countries, as well as
UK merchant customers with an international presence in the EEA. According to industry
research, global cross-border ecommerce is set to grow to GBP 28 billion by 2020 with the
UK expected to have a 60% share of that market*.
Andrea Dunlop, CEO of Card Solutions and Acquiring at Paysafe, comments: "Our expanded
cross-border acquiring service is part of our ongoing strategy to provide holistic and
efficient payment processing solutions to businesses worldwide. Our growing set of
acquiring capabilities enable us to support more of the payments value chain for
businesses, helping merchants accept both traditional and alternative payment methods
securely and efficiently, through a single global operator."
*According to The Paypers' Cross-border Ecommerce Report UK
[http://www.thepaypers.com/cross-border-ecommerce/cross-border-ecommerce-report-UnitedKingdom/6 ]
About PaysafeÂ
Paysafe provides digital payments and transaction-related solutions to businesses and
consumers around the world. Paysafe makes transactions easy by enabling fast, convenient
and secure ways to pay-before, pay-now and pay-later through its digital wallets, prepaid
card, payment processing and card issuing & acquiring products and services. We believe
that every point of every payment should be relevant, simple and safe. With nearly two
decades of experience, Paysafe is trusted by merchants, and by consumers in more than 200
countries and territories, to move and manage money via more than 100 payment types and 40
currencies. Paysafe offers multi-platform products with an emphasis on emerging payment
technologies including mobile. Paysafe's brand portfolio includes NETELLER(R) and Skrill(R)
, paysafecard(R), payolution(R) and FANS Entertainment. Paysafe Group plc shares trade on
the London Stock Exchange under the symbol (PAYS.L). For more information, visit:
http://www.paysafe.com .
Photo:
http://photos.prnewswire.com/prnh/20160517/368797LOGO
Photo:http://photos.prnewswire.com/prnh/20160517/368797LOGO
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20160517/368797LOGO
http://photoarchive.ap.org/
Paysafe
CONTACT: For further information, contact: Paysafe Group plc, Gavin Haycock, SVP Corporate, Communications +44 (0) 20 3826 9767 / Anna Howard, Head of Corporate Communications +44 (0) 203 8269822, pr@paysafe.com. Tavistock (Financial PR), Simon Hudson / Mike Bartlett / Andrew Dunn, +44 (0) 20 7920 3150 / paysafe@tavistock.co.uk
Paysafe Bolsters International Processing Capabilities with European Cross-border Acquiring Services
LONDON, May 18, 2016 /PRNewswire/ --
Paysafe (PAYS.L), a leading global provider of payment solutions, today announces the
launch of its multi-currency cross-border acquiring capabilities in Europe. The new
capabilities allow Paysafe to offer full-service processing solutions to more businesses
across the European Economic Area (EEA). Â
(Logo:
http://photos.prnewswire.com/prnh/20160517/368797LOGO )
Among the products it offers, Paysafe's PCI-compliant payments platform enables
processing in over 100 currencies and provides industry-certified fraud and risk
management tools, helping businesses around the world accept payments securely online and
through mobile devices.
As a principal member of MasterCard(R) Europe and Visa(R) Europe, Paysafe directly
acquires merchant accounts and processes transactions. Through its newly broadened
acquiring capabilities, the company is now able to offer its full-service, multi-territory
European payment processing solutions to merchants based in all EEA countries, as well as
UK merchant customers with an international presence in the EEA. According to industry
research, global cross-border ecommerce is set to grow to GBP 28 billion by 2020 with the
UK expected to have a 60% share of that market*.
Andrea Dunlop, CEO of Card Solutions and Acquiring at Paysafe, comments: "Our expanded
cross-border acquiring service is part of our ongoing strategy to provide holistic and
efficient payment processing solutions to businesses worldwide. Our growing set of
acquiring capabilities enable us to support more of the payments value chain for
businesses, helping merchants accept both traditional and alternative payment methods
securely and efficiently, through a single global operator."
*According to The Paypers' Cross-border Ecommerce Report UK
[http://www.thepaypers.com/cross-border-ecommerce/cross-border-ecommerce-report-UnitedKingdom/6 ]
About PaysafeÂ
Paysafe provides digital payments and transaction-related solutions to businesses and
consumers around the world. Paysafe makes transactions easy by enabling fast, convenient
and secure ways to pay-before, pay-now and pay-later through its digital wallets, prepaid
card, payment processing and card issuing & acquiring products and services. We believe
that every point of every payment should be relevant, simple and safe. With nearly two
decades of experience, Paysafe is trusted by merchants, and by consumers in more than 200
countries and territories, to move and manage money via more than 100 payment types and 40
currencies. Paysafe offers multi-platform products with an emphasis on emerging payment
technologies including mobile. Paysafe's brand portfolio includes NETELLER(R) and Skrill(R)
, paysafecard(R), payolution(R) and FANS Entertainment. Paysafe Group plc shares trade on
the London Stock Exchange under the symbol (PAYS.L). For more information, visit:
http://www.paysafe.com .
Photo:
http://photos.prnewswire.com/prnh/20160517/368797LOGO
Photo:http://photos.prnewswire.com/prnh/20160517/368797LOGO
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20160517/368797LOGO
http://photoarchive.ap.org/
Paysafe
CONTACT: For further information, contact: Paysafe Group plc, Gavin Haycock, SVP Corporate, Communications +44 (0) 20 3826 9767 / Anna Howard, Head of Corporate Communications +44 (0) 203 8269822, pr@paysafe.com. Tavistock (Financial PR), Simon Hudson / Mike Bartlett / Andrew Dunn, +44 (0) 20 7920 3150 / paysafe@tavistock.co.uk