Paysafe

What is Paysafe and what do they do?

Paysafe is a global payments platform with nearly three decades of experience in digital commerce. Headquartered in London, it operates in over 100 markets, supports 48 currencies, and enables more than 260 payment types worldwide. The company processes over $150 billion annually (2024) and employs around 3,000 people across 12+ countries.

Paysafe provides a fully integrated digital payments ecosystem that connects merchants and consumers through a variety of payment channels — from online to in-person. Its platform combines card acquiring, eCash, and alternative payment methods with advanced risk management and analytics. Core products include:

• Card processing: Global acquiring for Visa, Mastercard, and local schemes.
• Digital wallets: Skrill and Neteller support international transfers and online purchases.
• Prepaid and online cash: Paysafecard and Paysafecash allow payments without bank or card details, enhancing privacy and accessibility.
• Alternative payment methods (APMs): Open banking and eCash platforms such as SafetyPay and PagoEfectivo provide local options across Europe and LATAM.
• Fraud prevention and compliance: Tools for KYC, transaction monitoring, and tailored onboarding for high-risk industries.
• Business intelligence: Through Income Access, Paysafe offers affiliate marketing and performance analytics.

Together, these capabilities create a versatile and secure environment for both online and brick-and-mortar payments.

Who is it for?

Paysafe serves businesses that need scalable, secure, and globally compliant payment solutions. It’s widely used by:

• iGaming and betting operators, where high-risk, high-volume transactions demand strong fraud control and payout management.
• E-commerce and subscription businesses, requiring recurring billing, multi-currency settlements, and a broad range of local payment methods.
• Forex, crypto, and financial service platforms, which rely on rigorous compliance and transaction monitoring.
• Large or fast-growing merchants expanding internationally or operating across multiple markets.

Its infrastructure is designed for regulated, digital-first businesses that prioritise reach, reliability, and flexibility in payments. Smaller or purely local merchants may find its pricing and scale best suited to higher volumes.

Why do businesses choose Paysafe?

Paysafe is chosen for its proven ability to combine global coverage, compliance strength, and specialised industry expertise. Verified advantages include:

• Global reach: Presence in 100+ markets and support for 48 currencies, enabling cross-border growth.
• Payment diversity: More than 260 payment types across cards, wallets, bank transfers, and eCash, reducing checkout abandonment.
• Scalability: A unified platform adaptable to both SMBs and enterprises, with real-time analytics, recurring billing, and mobile-first design.
• Security and compliance: PCI DSS certification, PSD2 alignment, and advanced anti-fraud measures tailored for regulated sectors.
• Industry-specific support: Dedicated account management for iGaming, fintech, and high-risk merchants.
• Speed and reliability: Fast onboarding, near-real-time settlements, and consistent uptime backed by global infrastructure.

Businesses using Corefy can connect their Paysafe MID directly through the platform’s dashboard in just a few clicks, without additional integration work.

Is Paysafe trustworthy?

Paysafe is a publicly traded and licensed payments institution regulated under the Payment Services Directive (PSD2) in Europe and equivalent frameworks globally. It complies with PCI DSS and implements strong encryption and monitoring systems to safeguard sensitive data.

With a 29-year track record and an annual processing volume exceeding $150 billion, Paysafe is recognised as a reliable and secure partner for complex, high-volume payment operations. While some small merchants report that pricing can be less transparent compared to lightweight PSPs, Paysafe remains a trusted choice for enterprises needing sophisticated payment infrastructure, risk management, and international reach.

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Summary facts

| Feature | Details | |----------|----------| | Founded | 1996 | | Headquarters | London, United Kingdom | | Markets served | 100+ | | Currencies supported | 48 | | Payment types | 260+ | | Annual volume (2024) | $152 billion | | Employees | ~3,000 | | Key products | Card processing, Skrill, Neteller, Paysafecard, APMs, Income Access | | Best for | iGaming, e-commerce, fintech, cross-border enterprises | | Compliance | PSD2, PCI DSS | | Trust factors | Licensed, long-standing, multi-regional, secure |

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Paysafe stands out as a trusted global payments leader combining scale, innovation, and compliance depth. Its diversified ecosystem of cards, wallets, and alternative payments makes it a preferred partner for businesses managing complex, cross-border transactions.