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Paysafe Limited - PSFE STOCK NEWS

Welcome to our dedicated page for Paysafe news (Ticker: PSFE), a resource for investors and traders seeking the latest updates and insights on Paysafe stock.

Paysafe Limited (PSFE) is a leading global provider of payment solutions, serving businesses and consumers in over 200 countries and territories. Headquartered in Canary Wharf, London, Paysafe employs more than 1,550 staff from over 40 nationalities, with offices throughout Europe and North America.

Founded on the mission to simplify and secure financial transactions, Paysafe operates through three primary business segments: Integrated Processing, Digital Wallet, and eCash Solutions. These segments enable the company to offer a comprehensive suite of services, including payment processing, digital wallets, and online cash solutions.

Through its Integrated Processing division, Paysafe provides merchants with a variety of services to accept credit and debit cards, direct-from-bank payments, and alternative payment methods. This segment is particularly strong in the USA, Germany, and the UK.

The company's Digital Wallet segment includes well-known brands like Neteller and Skrill. These platforms offer multilingual and multicurrency services, enabling consumers to make secure payments and manage funds conveniently. Additionally, the Net+ card provides a stored-value option for secure transactions.

Paysafe's eCash Solutions, such as paysafecard, offer prepaid vouchers that enable consumers to make online transactions without the need for a bank account or credit card. This service is especially popular in markets with lower banking penetration.

Recent achievements include the expansion of its partnership with Xsolla, a leading video game commerce company, to offer more payment solutions to gamers globally. Paysafe continues to innovate with new projects aimed at enhancing customer experience and expanding its market reach.

Financially, Paysafe is robust, with a significant portion of its revenue coming from the USA, followed by Germany and the UK. The company's ongoing partnerships and product innovations position it well for sustained growth.

News

Paysafe to Release Fourth Quarter 2023 Earnings Results on March 7

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Paysafe Limited (PSFE) will announce its fourth-quarter 2023 financial results on March 7, 2024, with a live webcast to discuss the outcomes. Shareholders can submit questions through Say Technologies for the earnings call.
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Paysafe to Participate in the Evercore ISI Payments & Fintech Innovators Forum on February 28

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Paysafe Limited (NYSE: PSFE) disclosed that Chief Revenue Officer, Rob Gatto, will partake in a fireside chat at the 8th Annual Evercore ISI Payments & Fintech Innovators Forum on February 28, 2024. The event will be live webcasted and archived on Paysafe's Investor Relations website.
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Paysafe Research: Stronger Online Betting Experience Starts With Payments

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Paysafe (NYSE: PSFE) released a report revealing the essential role of payments in global sportsbooks' customer acquisition and retention. The research surveyed 3,000 sports bettors in several countries, highlighting the importance of rapid payouts and payment choice. The report also emphasized the rising preference for digital wallets and crypto payments among players. The study found that streamlined payouts are the top factor for choosing a sportsbook, with 78% of bettors considering the payment experience important for brand loyalty. The preferences for payment methods are diversifying, with digital wallets challenging debit cards' dominance. The report also indicated a growing interest in alternative payment methods and crypto payments among players.
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Consumers Optimistic About 2024 Financial Outlook, as Paysafe Research Reveals Shifts in Spending and Saving Habits

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Paysafe (PSFE) research reveals 42% of consumers prioritize experiences over possessions, with optimism for improved financial situations. Millennials and Gen Z express confidence, but intend to change spending habits. Consumers shift to in-home entertainment, plan to save more, and seek budgeting tools. 42% plan to spend less on physical goods, prioritizing experiences even as costs rise. Security concerns persist in online shopping experiences.
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Paysafe Offers Network Tokenisation Service for Merchants with Visa

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Paysafe (NYSE: PSFE) extends collaboration with Visa to integrate Visa Network Tokens in Europe, enhancing online payment security. The Network Tokenisation Service adds an extra layer of protection for cardholders, resulting in a seamless payments experience and higher authorization rates. Merchants can access the service through Paysafe's Single Payments API, providing enhanced security for conducting various types of payments within Europe.
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With the Holiday Season Fast Approaching, Paysafe Research Outlines How Online Merchants Can Grow Sales

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Paysafe (NYSE: PSFE) reveals from their new study that 81% of consumers are adjusting their shopping habits and spending this holiday season. The research surveyed 14,500 consumers across Europe, North America, and Latin America, highlighting the shift towards alternative payment methods such as digital wallets, bank transfers, and online cash payment solutions. The study also found that 62% of consumers would abandon a purchase if faced with checkout complications, emphasizing the importance of offering a broader range of payment options for both large and small online businesses.
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Paysafe Reports Third Quarter 2023 Results; Reaffirms Full Year Outlook

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Paysafe Limited (PSFE) Announces Strong Q3 2023 Financial Results with Revenue Growth, Share Repurchase Program, and Strategic Partnerships. Revenue increased 8% to $396.4 million; net loss of $2.5 million; adjusted EBITDA grew 22% to $116.1 million. The company also authorized a $50 million share repurchase program, received industry awards, and recognized by CNBC's list of the World's Top FinTech Companies.
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Paysafe Provides Fanatics Sportsbook With All-Inclusive Payment Solution

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Paysafe (NYSE: PSFE) partners with Fanatics Betting and Gaming to integrate traditional card payments and alternative payment methods (APMs) for Fanatics Sportsbook customers in the U.S. The partnership aims to meet the diversifying payment preferences of online sports bettors and offers a seamless payment experience through Paysafe's API-based solution.
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Paysafe to Participate in Upcoming Investor Conferences

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Paysafe Limited (NYSE: PSFE) to participate in investor conferences, featuring CFO Alex Gersh and CEO Bruce Lowthers, with fireside chats at RBC Global TIMT Conference and UBS Global Technology Conference. The chats will be available on the Paysafe Investor Relations website.
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Paysafe to Release Third Quarter 2023 Earnings Results on November 14

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Paysafe Limited will announce its third quarter 2023 financial results on November 14, 2023. A live webcast will be held to discuss the results. Shareholders can submit questions through a Q&A platform.
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FAQ

What is the current stock price of Paysafe (PSFE)?

The current stock price of Paysafe (PSFE) is $17.28 as of December 20, 2024.

What is the market cap of Paysafe (PSFE)?

The market cap of Paysafe (PSFE) is approximately 1.1B.

What services does Paysafe Limited provide?

Paysafe offers payment processing, digital wallet services, and eCash solutions through its Integrated Processing, Digital Wallet, and eCash Solutions segments.

Where is Paysafe Limited headquartered?

Paysafe Limited is headquartered in Canary Wharf, London.

How many countries does Paysafe operate in?

Paysafe operates in over 200 countries and territories worldwide.

What are some of Paysafe's well-known brands?

Some well-known brands under Paysafe include Neteller, Skrill, and paysafecard.

What recent partnerships has Paysafe announced?

Recently, Paysafe expanded its partnership with Xsolla to provide more payment solutions for gamers globally.

What is the primary revenue source for Paysafe?

Paysafe derives a majority of its revenue from the USA, followed by Germany and the UK.

How many employees does Paysafe have?

Paysafe employs more than 1,550 staff members, representing over 40 nationalities.

What is Paysafe's mission?

Paysafe's mission is to simplify and secure financial transactions for businesses and consumers.

What is the Net+ card?

The Net+ card is a stored-value card offered by Paysafe, providing a secure and convenient way to manage funds.

In which regions does Paysafe have offices?

Paysafe has offices throughout Europe and North America.

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Paysafe Limited

NYSE:PSFE

PSFE Rankings

#2487 Ranked by Market Cap
N/A Ranked by Dividends

PSFE Stock Data

1.05B
44.41M
24.09%
53.77%
2.23%
Software - Infrastructure
Technology
Link
United States of America
London