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Press releases
Paysafe and Playtech form global payments partnership
May 09, 2022
Playtech and Paysafe extend collaboration in the UK and Europe following success across multiple US states
London, UK. – Paysafe (NYSE: PSFE), a leading specialised payments platform, today announces a new global partnership with Playtech (LSE: PTEC), the world’s leading gambling technology company. The new agreement represents the extension of an existing partnership between the two companies into the UK and Europe from the US, where Playtech offers Paysafe’s leading payment solutions to iGaming operator customers through its technology platform.
Through a single, global streamlined integration with Paysafe’s API, operators in the UK and Europe will now also be able to leverage Playtech’s iGaming PAM, Information Management Solution (IMS) platform to access a range of Paysafe’s payment solutions, starting with payment acquiring and card processing, with Paysafe’s digital wallet services set to follow. The integration helps to maximise consumer choice by providing players with all the ways they want to pay when betting online.
The partnership extension follows Paysafe and Playtech’s successful US integration with betPARX®. Paysafe has powered the gaming operator’s traditional and alternative payment solutions for its iGaming brand Play Gun Lake in Michigan since Q2 2021 and, from Q1 2022, for its betPARX iGaming and sportsbook app for both Pennsylvania and New Jersey.
Both founded in the late 1990s, Paysafe and Playtech bring together a combined 40+ years of industry experience and a deep understanding of iGaming regulation across audiences and markets. With a technology-focused heritage, the two companies are focused on driving new innovations which offer the ultimate player experience and are designed to support the growth of partner businesses.
Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe, said: “Playtech is an exciting global gaming brand committed to offering its operators a frictionless payments experience. We’ve seen great success in the roll-out of our collaboration across multiple US state markets and are delighted to be extending this into the UK and Europe via the same, single technology integration. Bringing together our respective capabilities and deep expertise and understanding of the international iGaming, technology and payments industries represents an incredibly powerful combination, and I am looking forward to helping the Playtech team grow their business further in new European markets.”
Shimon Akad, Chief Operating Officer at Playtech, added: “Offering our iGaming partners market-leading technologies that deliver the most seamless and engaging experience to their customers is absolutely central to our strategy at Playtech. Payments plays an important role in delivering the ultimate player journey and requires an experienced team with expert knowledge, which is where Paysafe comes in as the ideal partner for us. We are extremely happy with the progress of our relationship in the US and are truly excited about what we can achieve together in the UK and Europe.”
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of US $120 billion in 2021, and approximately 3,500 employees located in 10+ countries, Paysafe connects businesses and consumers across 100 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.
About Paysafe iGaming
Paysafe brings over two decades of specialized payments experience supporting the global iGaming and sports-betting sectors and provides operators with a comprehensive suite of traditional and alternative payment methods through a single, streamlined API integration. Paysafe is also a leader in digital and affiliate marketing technology and services for iGaming operators through its Income Access business unit.
Since the opening-up of the U.S. iGaming market in May 2018, Paysafe has consistently stated its ambitions to be the payments leader in the fast-growing sector, building on its leadership in Canada and Europe. As of May 9, 2022, the company supports 75% of operators in the country with payments or marketing solutions across 21 jurisdictions. In Canada, Paysafe also has a leading position and partners with the majority of regulated iLottery and gaming brands.
About Playtech
Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries with over 7,000 employees across 24 countries.
Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry’s most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.
Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry’s leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snaitech, the leading sports betting and gaming company in online and retail in Italy.
Playtech also owns Finalto, a technology leader in the CFD and financial trading industry that operates both on a B2B and B2C basis. Finalto has been classified as a discontinued operation since 31 December 2020.
www.playtech.com
For further information please contact:
Anna Birdsall-Strong, VP of Communications, Europe, Paysafe
Anna.Strong@paysafe.com
Nick Say, Senior Manager of Communications, North America, Paysafe
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Verifone Announces Paysafe as First to Deliver Verifone Connect with Both Carbon and Engage to QSRs and Small and Medium Retailers in the U.S.
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Paysafe Further Strengthens its Payment Processing Management Team
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Paysafe signals major expansion into North America with new 2018 Verizon IndyCar Series partnership
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Paysafe wins Payment Solution of the Year at Global Gaming Awards
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Money transfers made easy with Skrill Send Direct
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paysafecard is named 2nd best international company in Austria
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Skrill sponsors F5WC, the world’s largest 5-a-side football tournament
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Skrill sponsors leading esports team QLASH
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paysafecard doubles down on esports, becomes Global ESL Payment Platform Partner and one of ESL’s main sponsors worldwide
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Paysafe wins record number of awards in 2017
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Paysafe scoops Best Customer Policy accolade from Forbes Bulgaria Business Awards 2017
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Paysafe rated as one of Canada's top two employers in the Glassdoor Employees' Choice Award
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Paysafe takes flight with Ethiopian Airlines
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Paysafe picks up two high profile awards at the UK Payments Awards
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paysafecard is one of 2017’s ‘Austria's Leading Companies’ for fourth year running
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Paysafe Bulgaria Donates Computers to Local Schools
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New research reveals that Americans want digital services and online payments from their Parks & Recreation departments
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More than half of consumers think fraud is inevitable when shopping online and want business to heighten security measures
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Paysafe to partner inaugural Barbarians women’s team
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Paysafe partner with world-famous touring rugby team Barbarian FC in aid of Help for Heroes
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Consumers to abandon cash by 2020
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Paysafe partners with top-ranked Canadian open-wheel rookie, Zachary Claman DeMelo in his Verizon IndyCar Series debut
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Paysafe provides new payment options for DraftKings in Europe
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paysafecard launches in Brazil, providing a free online prepaid payment method to the region’s largest market
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Paysafe completes acquisition of Merchants’ Choice Payment Solutions
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Paysafe scoops a Stevie® Award at the 2017 International Business Awards
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Paysafe Group plc: Unaudited Interim Results for the 6 months ended 30 June 2017
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Paysafe launches cross-border payments strategies to drive business growth
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Paysafe offers Android Pay in Canada
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Paysafe’s Brian McArthur-Muscroft named Inspirational Finance Director of the Year at 2017 FDs’ Excellence Awards
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Paysafe Group plc: Annual General Meeting
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Paysafe wins top prize at the 2017 Employer Brand Management Awards
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Spain’s Correos selects Paysafe to drive e-commerce payments
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Paysafe Group plc: Final results for year ended 31 December 2016
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Paysafe appoints Tim Thurman as Chief Digital Officer
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Paysafe launches GOLO mobile ordering platform
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Paysafe appoints Oscar Nieboer as Chief Marketing Officer
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Paysafe to exhibit at ICE Totally Gaming & London Affiliate Conference
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Paysafe supports swimmers in Commonwealth Youth Games quest
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Paysafe donates 10,000 hot meals for Syrian citizens
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Paysafe Bulgaria office named one of the ‘25 most popular offices in the world’
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Paysafe Group plc: Trading update for year ended 31 December 2016
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Paysafe Group plc: Share Buyback Programme
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Response to share price movement
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Paysafe Group opens new Isle of Man office
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Hey big Christmas spenders: Brits spend up to twice as much on presents as other Europeans
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Paysafe Group plc Trading Update
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Paysafe partners with ServiceMax to provide integrated payment solutions for the field service industry
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Crowd for Angels partners with Paysafe
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Paysafe launches EMV-enabled global omni-channel services through expanded partnership with Handpoint
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Paysafe named Best Merchant Acquirer/Processor at 2016 Payments Awards
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payolution launches in the UK
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Paysafe to attend Money 2020 in Las Vegas
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IOU Financial and Paysafe Partner to Fuel Small Business Growth
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Rapid Transfer: Skrill boosts its instant banking option
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Paysafe acquires affiliate technology provider Income Access
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Global-e appoints Paysafe as merchant acquirer
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Unaudited Interim Results for the 6 months ended 30 June 2016
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Payolution launches e-commerce payments service in Netherlands
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Paysafe Group plc Annual General Meeting - Trading Update
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Paysafe bolsters international processing capabilities with European cross-border acquiring services
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DraftKings expands payment options in the UK
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Paysafe and Emerchants to deliver card solutions for gaming operators
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Paysafe begins trading in FTSE 250 Index
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Paysafe delivers strong FY 2015, positive outlook for 2016
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Inclusion in FTSE 250 Index from 21 March 2016
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Paysafe expands HomeSend partnership to offer more cross-border payments
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Paysafe joins Vendorcom
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Paysafe provides suite of payment services for Payfriendz P2P app
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Pay for PlayStation® games with paysafecard
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Deal of the Year – Quoted Company Awards 2016
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Strong trading in Q4 completes transformational year
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Full Year Trading Update
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TJC Selects Paysafe to Manage its Entire Payments System
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Update on 2009-2010 Data Breaches
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Proposed move to Main Market
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Paysafe Wins Deal of the Year at UK Tech Awards 2015
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Q3 Trading Update and Capital Markets Day
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Optimal Payments Becomes Paysafe in Game-Changing Global Rebrand
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Result of EGM
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Optimal Payments Announces IDC/Games As First Online Games Merchant To Go Live On NETELLERGO!
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Optimal Payments Partners with Emergent Payments to Support International Growth of Digital Businesses
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Notice of EGM
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Half Year Results for the six months ended 30 June 2015
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Completion of Acquisition of Skrill
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Receipt of FCA Approval
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Directorate Change
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Optimal Payments Partners with Revolut for the Launch of an Innovative Currency Exchange Solution
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Adjustment to Terms of Meritus Acquisition
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Trading update
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Optimal Payments Partners with RentMoola to Digitize the Rental Market
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Optimal Payments Honoured at Prepaid365 Awards For Net+ Prepaid MasterCard
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Update on acquisition of Skrill
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Optimal Payments Adds Strategic Mobile Capabilities with Acquisition of FANS Entertainment Inc.
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Optimal Payments Wins Two Honours at CNP Awards 2015
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Trading Statement
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Optimal Payments Awarded Best Payments Company at Inaugural EGR North America Awards
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Posting of Annual Report and Notice of AGM
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Optimal Payments Leads the Way with Global Bitcoin Payment Acceptance
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Proposed Acquisition by Optimal Payments of Skrill to Create Leading Global Player in Online Payment and Digital Wallet Services
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2014 Full Year Results
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Shane Hibbeler Joins Optimal Payments as Vice President of Sales
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Optimal Payments’ Elliott Wiseman Wins at European Counsel Awards 2015
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Optimal Payments Wins at Top Industry Awards in London
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Optimal Payments is Top Sponsor at Annual Fantasy Sports Trade Association Winter Conference
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NETELLER Selected as gamigo’s Alternative Payment Method For Online Gaming
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Share Price Movement
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Directorate Changes
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Optimal Payments Launches Developer Centre and Suite of REST-based APIs
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Optimal Payments Processes a Record Amount of #IceBucketChallenge Donations for ALS Canada and Contributes $10,000 to the Cause
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Optimal Payments Launches New Payment Processing and Fraud Management System for eBay-owned Magento E-commerce Platform
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Optimal Payments and 888 announce partnership to provide payment processing services to licensed U.S. online gaming operators
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Optimal Payments announces that Chairman Dale Johnson intends to step down
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ShoeMe.ca selects Optimal Payments’ NETBANX to enhance fraud protection
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Optimal Payments and Channel 1 Media partner to deliver seamless ecommerce services for professional sports franchises
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The Canadian Red Cross Selects Optimal Payments’ NETBANX Online Payment Services
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Optimal Payments supports Britain’s leading snow sports athlete, Zoë Gillings, in her 2014 Olympic Qualification campaign
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Optimal Payments and Vantiv Announce Processing Agreement
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MasterCard and Optimal Payments sign five year strategic partnership agreement
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Optimal Payments and Wahanda celebrate the success of Wahanda Connect
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Optimal and Caesars Interactive sign agreement for US market