Paysafe pays $30M to acquire Montreal based affiliate technology provider Income Access LeapRate

September 01, 2016 BY LeapRate Staff

Paysafe pays $30M to acquire Montreal based affiliate technology provider Income Access

Digital payment solutions provider Paysafe Group Plc (LSE:PAYS), which operates the NETELLER and Skrill online payment brands, has announced that it is acquiring Montreal, Canada based affiliate technology provider Income Access Group. Paysafe will be paying cash consideration of CAD $40 million (approximately USD $30 million), part of which is deferred over an 18 month period.…

August 11, 2016 BY LeapRate Staff

Paysafe reports Affiliate data display problems

Digital payment solutions provider Paysafe Group Plc (LSE:PAYS) has reported that it is currently experiencing a data display issue within its Affiliate reporting feature. As a result, incorrect data is being displayed or in some cases, no data at all for Paysafe partners looking at their accounts. Paysafe did note that actual affiliate tracking is not affected…

February 27, 2016 BY Mike Fox

IFC Markets adds Skrill payment system

IFC Markets, a British Virgin Islands regulated international Forex and CFD broker - part of the IFCM Group has just announced they are glad to inform clients that automatic deposit and withdrawal through Skrill has become available for the company. Deposit and withdrawal through Skrill is realized in your trader back office. To note, automatic deposit though Skrill is…

February 23, 2016 BY Maria Nikolova

Paysafe enhances HomeSend partnership to offer more international transfer options

International payment services provider Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, has signed an agreement with HomeSend, joint venture between MasterCard, eServGlobal and BICS. Through the agreement, Paysafe’s NETELLER and Skrill services will use the HomeSend global payments hub to offer more sending destinations and payment options for receiving cross-border money transfers. This is…

December 14, 2015 BY LeapRate Staff

Paysafe shares drop 9% as CVC and Investcorp sell their stake in the company

Paysafe Group Plc (LON:PAYS) saw its shares plummet 9% on Friday, as two of its major shareholders exited their investment in the payment services company. Private investment firms CVC Capital Partners and Investcorp Technology Partners announced late Thursday their intention to sell their entire 7.3% stake in Paysafe, comprising 35.1 million Paysafe shares. The shares were to be…

November 30, 2015 BY Maria Nikolova

Paysafe: Data breaches affected 3.6 million NETELLER accounts, 4.2 million Skrill accounts

Paysafe Group Plc (LON:PAYS), formerly Optimal Payments, today provided an update regarding its investigation into alleged breaches of customers' data. The company said that third-parties have illegally obtained data related to limited account details from 3.6 million NETELLER accounts and basic personal details relating to 4.2 million Skrill accounts. Paysafe notes that less than 2%…

October 29, 2015 BY Maria Nikolova

Optimal Payments investigates alleged breaches of customers' data

Cybersecurity issues keep affecting the work of financial services companies... Online payment services provider Optimal Payments Plc (LON:OPAY) has just announced that it is investigating possible breaches of customers' personal data. The investigation relates to media reports of a small amount of customers' personal data being in the public domain. It has been alleged that…

August 05, 2015 BY Maria Nikolova

Tag: Skrill