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.
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.