Paysafe - Payment Method Definition | Akurateco


Paysafe is a company that specializes in global payments and delivers a range of payment solutions and services to legal entities and individuals. Paysafe was founded in 1996 in Canada. The company has since expanded globally and now operates in multiple countries across North America, Europe, and Asia.  Its corporate headquarters are currently located in the UK. According to some sources the company is headquartered in Montreal, Quebec. This inconsistency is evident since its group companies comply with various licenses from different regulators in accordance with jurisdiction of the office location.

The legal entity behind the platform is Paysafe Limited, which is a multinational company that specializes in online payments. Paysafe serves a wide range of industries, including e-commerce, gaming, finances, digital media, and healthcare. The company has a global presence, with offices and operations the world over.

The company provides SMEs (small and medium-sized enterprises) and large companies with the necessary instruments and support to help them scale, grow, and attract new clients. Paysafe offers a wide range of solutions for online and in-store card payments, mobile POS and secure cross-border payments. It has developed the infrastructure to streamline online checkouts with ease, so the system works flawlessly, serving a huge customer base, which embraces over 120 markets worldwide.

The platform offers over 70 payment methods. It also employs localization to strengthen trust among its consumers. Paysafe simplifies payment acceptance for businesses of all models, sizes, and sectors and ensures secure and hassle-free payment transactions for customers.

Paysafe highlights

Since the platform brings revolutionary changes to the industry, it employs cutting-edge features to  get the most of business activity without worrying about settlements. Paysafe’s payment solutions include online and in-person payment processing, eCash solutions, digital wallets, and prepaid card programs. The company also provides fraud and risk management services, as well as business analytics and reporting tools to help businesses better understand their customers and optimize their payment processing strategies. Generally, Paysafe aims to provide businesses and consumers with secure, reliable, and convenient processing solutions that help them transact in a fast-paced, digital world.

Paysafe has its own digital wallet solutions, including the Skrill and Neteller wallets. These wallets allow users to send and receive money, make online purchases, and manage their finances in one place. Paysafe offers prepaid cards that can be used for online purchases or at physical retailers. These cards can be loaded with funds from a bank account or credit card.

The target audience of the platform are direct merchants, marketplaces, independent software vendors and other platforms. The company also offers services for the gaming industry, which is a high-risk industry. Nevertheless, the platform copes with the task easily, providing services for online casinos and sport betting sites.

The system uses a unique multichannel infrastructure for international global processing and tries to attain its smooth work with the use of advanced technologies.  

How to connect to the service

Merchants and entrepreneurs should log in to the website to connect to the service. There is a form they should fill out to submit an application. It should include personal and business details to move forward to the next stage. Once your account has been verified, you can access your Paysafe dashboard and start integrating payment solutions into your business.

 If you have doubts or questions about joining the service, a payment strategy consultant can discuss unclear points with you. So you need to contact Paysafe’s sales team directly to discuss your needs and receive guidance on the best solutions for your business.


The information provided on this webpage is intended solely for informational purposes and does not constitute promotion, collaboration, cooperation, partnership, or any form of endorsement or recommendation. The content presented reflects the views and opinions of the author and should not be considered as legal, financial, or professional advice. We make no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, suitability, or availability of the information contained on this website. Users are solely responsible for their reliance on any information obtained from this website. Furthermore, this website may contain links to external websites or third-party content. We do not endorse, control, or guarantee the accuracy, relevance, or completeness of such external content. Users should exercise their own discretion when accessing and using any third-party websites or services. By accessing and using this website, you acknowledge and agree that we shall not be liable for any direct or indirect damages or losses arising from the use or reliance upon the information provided herein or any third-party content linked to from this website.

Providers from the same region that you might like:
MuchBetter is an innovative fintech company that develops various solutions for payments. The team…

Organizations, businesses, financial institutions, and others can leverage NetPay’s payment…

In an era of technological advancements, the finance and banking sector has been making huge…

Related Articles