Ecash | Jotup

Paysafe Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook

Retrieved on:

Thursday, March 7, 2024

Apps, Applications, Technology, Payments, Finance, Fintech, Electronic Commerce, Professional Services, Digital Cash Management, Digital Assets, Software, Paysafe, Growth, Movement, Ecash, Digital wallet, Depreciation, Public expenditure, Cryptocurrency

Net loss attributable to the Company for the fourth quarter was $12.1 million, compared to $33.7 million in the prior year period.

Key Points:

Net loss attributable to the Company for the fourth quarter was $12.1 million, compared to $33.7 million in the prior year period.
Adjusted EBITDA for the fourth quarter was $121.7 million, an increase of 13%, compared to $107.6 million in the prior year period.
Fourth quarter operating cash flow was $61.6 million, compared to $64.1 million in the prior year period.
As of December 31, 2023, total cash and cash equivalents were $202.3 million, total debt was $2.5 billion and net debt was $2.3 billion.

REPAY Partners with Green Dot to Expand Cash Bill Pay Innovations for Consumers and Businesses

Retrieved on:

Thursday, December 14, 2023

Green Dot Corporation (NYSE: GDOT) today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries.

Key Points:

Green Dot Corporation (NYSE: GDOT) today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries.
Powered by the expansive Green Dot Network, REPAY clients can now support their customers with eCash payment options at more than 45,000 retail locations across the United States.
“We’re proud to partner with REPAY to offer small businesses the functionality they need to expand financial access for their clients and customers.”
For more than 20 years, Green Dot has expanded access to modern banking and payment tools for consumers and businesses.
The Green Dot Network of more than 90,000 retail locations throughout the U.S. offers cash-in and cash-out capabilities in stores including Walmart, Walgreens, 7-Eleven, CVS and more.

With the Holiday Season Fast Approaching, Paysafe Research Outlines How Online Merchants Can Grow Sales

Retrieved on:

Thursday, November 16, 2023

Payments, Professional Services, Technology, Electronic Commerce, Online Retail, Mobile, Wireless, Retail, Business, Ecash, Food, Italians, Cropping system, Research, NYSE, Habit, Online shopping, Paysafe

The leading payments platform found that offering a broader range of payment options is vital today both to large and small online businesses.

Key Points:

The leading payments platform found that offering a broader range of payment options is vital today both to large and small online businesses.
For instance, 48% of consumers favour digital wallets when shopping online during the holiday season, with 41% regularly using bank transfers and 25% embracing online cash payment solutions, also known as eCash.
The study also found that the increased cost of living will markedly change shopping habits this holiday season, with 81% of consumers planning to adjust their spending.
Merchants who offer multiple payment methods and a seamless payment experience will create differentiation, cater to new audiences and increase conversion rates.”

REPAY Expands eCash Payment Acceptance Capabilities for Bill Pay and Loan Installments

Retrieved on:

Thursday, August 24, 2023

Banking, Mobile, Wireless, Other Retail, Professional Services, Online Retail, Fintech, Data Management, Payments, Electronic Commerce, Technology, Retail, Finance, Other Technology, EVP, Credit, Bank, Ecash

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations.

Key Points:

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations.
Leveraging eCash, REPAY bridges the gap between online and cash payments to simplify the payment experience and improve accessibility for the underbanked community and those who prefer to pay using cash.
eCash offers additional benefits for lenders, including increased payment volume and on-time payments, enhanced security, reduced chargebacks and improved customer satisfaction.
“REPAY is committed to improving the payment experience for our clients and their customers by delivering innovative solutions that support evolving payment preferences,” said Jake Moore, EVP, Consumer Payments, REPAY.

The Mill Adventure Extends Its Partnership with Paysafe

Retrieved on:

Thursday, August 3, 2023

Leading payments platform Paysafe (NYSE:PSFE), and German-licensed iGaming platform The Mill Adventure , announce today an extended payments partnership which will see The Mill Adventure’s partner casinos and their players in Germany have access to a greater choice of alternative payments options.

Key Points:

Leading payments platform Paysafe (NYSE:PSFE), and German-licensed iGaming platform The Mill Adventure , announce today an extended payments partnership which will see The Mill Adventure’s partner casinos and their players in Germany have access to a greater choice of alternative payments options.
paysafecard, which is available in 50 countries through a distribution network of 700,000 retail stores, enables players to use cash to pay for their online gaming purchases.
Players need to set up a myPaysafe account and upload funds into it using paysafecard vouchers bought with cash to securely complete their payment transactions.
Thirty percent of those who’d used eCash in the previous 12 months said it was their preferred way to pay online.

Paysafe Diversifies US iGaming Presence with Multi-State Betr Partnership

Retrieved on:

Monday, July 17, 2023

Paysafe (NYSE: PSFE), a leading payments platform, today announced a new partnership with Betr , the micro-betting app from American professional boxer and social media influencer Jake Paul that is disrupting the U.S. sports-betting space.

Key Points:

Paysafe (NYSE: PSFE), a leading payments platform, today announced a new partnership with Betr , the micro-betting app from American professional boxer and social media influencer Jake Paul that is disrupting the U.S. sports-betting space.
The first phase of a multi-state deal sees Paysafe enable Betr’s customers in Ohio and Massachusetts to seamlessly fund micro-bets and traditional wagers using their debit card.
The new partnership strengthens Paysafe’s presence in the U.S. iGaming space, with the company already supporting multiple operators in Ohio since the market’s launch in January 2023 as well as Massachusetts, which went live in March 2023, alongside 25 other American states or jurisdictions.
The partnership is expected to extend into additional U.S. states, as Betr launches in new gaming jurisdictions.

Experiences Reign Supreme During Squeeze on Consumer Finances, According to Paysafe

Retrieved on:

Thursday, June 1, 2023

Consumer demand for travel, leisure and other experiences remains strong despite the increase in cost of living according to Paysafe (NYSE: PSFE) research* released today.

Key Points:

Consumer demand for travel, leisure and other experiences remains strong despite the increase in cost of living according to Paysafe (NYSE: PSFE) research* released today.
The leading payments platform found that 51% of consumers are still prioritising spend in these areas over other discretionary spending.
Despite the prioritisation of experiences, against a challenging economic backdrop, budget consciousness appears to be top of mind for many consumers.
To request a media interview about the findings or Paysafe’s consumer research, please contact [email protected] .

Paysafe launches upgraded Skrill digital wallet for iGaming in Ontario

Retrieved on:

Wednesday, May 10, 2023

Payments, Digital Cash Management, Digital Assets, Consumer Electronics, Technology, Software, IOS, Skrill, UX, VIP, Chickasaw Nation, PSFE, Ecash, Android, Research, NYSE, Franco-Ontarians, Cryptocurrency, Paysafe

Paysafe (NYSE: PSFE), a leading payments platform, today announced the launch of its revamped Skrill digital wallet for online betting in the Canadian province of Ontario.

Key Points:

Paysafe (NYSE: PSFE), a leading payments platform, today announced the launch of its revamped Skrill digital wallet for online betting in the Canadian province of Ontario.
Developed specifically to meet the payment preferences of iGaming players, the upgraded Skrill wallet allows Ontarians to instantly fund wagers and effortlessly cash-out winnings while enjoying a streamlined and intuitive user experience (UX).
Launched in the U.S. in 2021 and available across all 26 American iGaming jurisdictions where Paysafe supports operators, the upgraded Skrill wallet is now live in Ontario, Canada’s most populated province (14.2m residents) which launched an expanded market for private operators in April 2022.
Alternatively, online bettors can load funds to their Skrill wallet balance using the Paysafecash eCash solution.

CryptoOrange Selects Paysafe as Exclusive Payments Partner

Retrieved on:

Thursday, May 4, 2023

Cryptocurrency, Payments, Professional Services, Technology, Apps, Applications, Electronic Commerce, Fintech, Digital Cash Management, Digital Assets, Transfer, Skrill, PSFE, Senior, NETELLER, Ecash, Digital asset, NYSE, Paysafe

Cryptocurrency exchange CryptoOrange has partnered with leading payments platform, Paysafe (NYSE: PSFE) (PSFE.WS), to offer new ways for its customers to buy and sell cryptocurrencies internationally.

Key Points:

Cryptocurrency exchange CryptoOrange has partnered with leading payments platform, Paysafe (NYSE: PSFE) (PSFE.WS), to offer new ways for its customers to buy and sell cryptocurrencies internationally.
Dejan Jurša, Founder of CryptoOrange, commented, “Our goal is to build a more transparent, accessible, and efficient crypto economy.
By partnering with Paysafe, through one contact and connection, we can offer the widest range of payment options to our customers, provide a smoother payment process and expand more easily into new territories.
They are a great partner and have really listened to our needs.”
Micah Kershner, Senior Vice President, Digital Assets at Paysafe, added: “Paysafe and our suite of traditional and alternative payment solutions, including digital wallets and eCash, are a great fit for the dynamic Digital Assets industry and a rapidly growing player like CryptoOrange.

Greyhound Partners With Paysafe to Offer Customers Cash Payments for Online Bookings

Retrieved on:

Tuesday, March 28, 2023

Greyhound Lines, Inc., the largest provider of long-distance bus transportation in the U.S., has partnered with leading payments platform Paysafe (NYSE: PSFE) to roll-out online cash services.

Key Points:

Greyhound Lines, Inc., the largest provider of long-distance bus transportation in the U.S., has partnered with leading payments platform Paysafe (NYSE: PSFE) to roll-out online cash services.
Greyhound customers can now use Paysafe’s eCash solution Paysafecash to make safe and secure cash payments when booking a trip online.
To purchase an online ticket with cash, Greyhound customers select ‘cash’ as the payment method at the checkout.
Dennis Köhler, Global Head of Payment & Fraud of FlixBus, which acquired Greyhound Lines, Inc., in 2021, commented: “Being able to pay cash for tickets for both our brands – Greyhound and FlixBus – is vital for our customers and we are committed to providing this solution for online bookings as well.