Tag: Paysafe Group Plc (LON:PAYS)

October 19, 2017 BY Valentina Kirilova

55% of consumers think fraud is inevitable when shopping online, want business to heighten security measures

Payments services company Paysafe Group Plc (LON:PAYS) report reveals merchant focus on convenience at the expense of security is a false economy More than half (55%) of consumers think fraud is an inevitable part of shopping online, according to new research conducted by Paysafe. In a wake-up call for online business, the Lost in Transaction…

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September 13, 2017 BY Valentina Kirilova

Paysafe: 54% of consumers to abandon cash within 2 years

Consumers to abandon cash by 2020 More than half (54 per cent) of consumers expect to abandon using cash for shopping in the next two years, according to new research conducted by payments services company Paysafe Group Plc (LON:PAYS). The report, called Lost in Transaction, uncovered the rapid move towards a cash-free economy with nearly…

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September 01, 2017 BY Valentina Kirilova

Paysafe provides new payment options for DraftKings in Europe

Payments services company Paysafe Group Plc (LON:PAYS) announced that has furthered its partnership with DraftKings, a global daily fantasy sports (DFS) platform, by providing them the ability to expand their payment methods in Europe through Skrill Quick Checkout. Paysafe’s Skrill Quick Checkout platform provides customers with access to a range of payment methods in a…

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August 31, 2017 BY Valentina Kirilova

paysafecard launches in Brazil

The free, safe and convenient payment option is now available to 122 million Brazilian internet users in the highly dynamic eGaming Community paysafecard, an online prepaid payment methods company and part of Paysafe Group plc (LON:PAYS), announced that enters Brazil, offering a free of charge online prepaid payment solution for over 122 million internet users…

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August 24, 2017 BY Valentina Kirilova

Paysafe completes acquisition of Merchants’ Choice Payment Solutions

Payments services company Paysafe Group Plc (LON:PAYS) announced today that it has completed the previously announced acquisition of substantially all the assets of Delta Card Services Inc., the holding company for Merchants’ Choice Payment Solutions (MCPS), a payment processor based in the Houston suburb of Shenandoah, Texas. Todd Linden, MCPS CEO, will join Paysafe as…

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August 08, 2017 BY Valentina Kirilova

Paysafe reports 11% increase in Revenue in 1H 2017

Payments services company Paysafe Group Plc (LON:PAYS) announced its unaudited interim results for the six months ended 30 June 2017. Financial highlights $m H1 2017 H1 2016 Revenue 538.7 486.7 Year-on-year revenue growth 11% 118% Organic constant currency year‐on‐year revenue growth 12% 20% Adjusted EBITDA 169.2 144.2 Adjusted EBITDA margin 31.4% 29.6% Statutory operating profit…

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paysafe skrill neteller buyout
August 05, 2017 BY LeapRate Staff

Skrill and NETELLER go private: Paysafe agrees to $3.9 billion buyout offer from Blackstone and CVC

Continuing the rapid consolidation and M&A activity sweeping the online payments business, the board of Paysafe Group Plc (LON:PAYS) has decided to recommend a £2.96 billion (USD $3.9 billion) buyout of the company by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. The Paysafe Board was initially approached by the consortium in early…

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July 31, 2017 BY Valentina Kirilova

paysafecard launches cash based online payment solution to the UAE

paysafecard, an online prepaid payment methods company and part of Paysafe Group plc (LON:PAYS), announced that enters the United Arab Emirates, offering a secure and fast prepaid payment solution that will not require bank or credit card details. The UAE continues to embrace technology innovation in line with its government's 'Smart Dubai' initiative to transform…

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