Paysafe expands HomeSend partnership to offer more cross-border payments

Press releases

Paysafe expands HomeSend partnership to offer more cross-border payments

HomeSend to expand international money transfer capabilities for Paysafe’s NETELLER and Skrill

Feb 23, 2016

BRUSSELS, LONDON (23 February 2016) – HomeSend, the payment and money transfer hub, today announced that it has signed a global agreement with Paysafe to provide enhanced international transfer options for the payment solution provider’s NETELLER and Skrill services.

Through this agreement, Paysafe’s NETELLER and Skrill services will use the HomeSend global payments hub to offer an increased range of sending destinations and payment options for receiving international money transfers.

HomeSend and Skrill initially collaborated with the launch of remittance services in 2014 and currently have services live in six countries in Africa, Asia and Eastern Europe.

Today’s agreement will enable users of Paysafe remittance services to access more options for receiving funds in ways that are fast, cost-effective and convenient, with additional countries being added in the near future. These options include sending money to mobile wallets registered to local mobile network operators, direct to bank accounts and MasterCard cards.

Commenting on the collaboration, Lorenzo Pellegrino, Chief Executive of Paysafe Digital Wallets, said: “In our increasingly connected world, consumers have a growing appetite for simple, safe and secure online and mobile payment services. Helping people send and receive money wherever they are via services that are relevant to their needs is at the heart of what we do. We look forward to working with HomeSend to further extend our payment services into new markets and boost our existing remittance business.”

Stephen Doyle, CEO, HomeSend, said, “At HomeSend, we are focussed on building the most comprehensive network of money transfer providers in the world. Paysafe offers an innovative suite of payment solutions and we are pleased to be expanding our partnership with them to enable people to send and receive funds in real-time in additional emerging markets.”

HomeSend, a joint venture between MasterCard, eServGlobal and BICS, is changing the way money moves around the world by bridging the gap between financial institutions, non-financial entities and mobile network operators.

About Paysafe

Paysafe provides digital payments and transaction-related solutions to businesses and consumers around the world. Paysafe makes transactions easy by enabling fast, convenient and secure ways to pay-before, pay-now and pay-later through its digital wallets, prepaid card, payment processing and card issuing & acquiring products and services. We believe that every point of every payment should be relevant, simple and safe. With nearly two decades of experience, Paysafe is trusted by merchants, and by consumers in more than 200 countries and territories, to move and manage money via more than 100 payment types and 40 currencies. Paysafe’s brand portfolio includes NETELLER® and Skrill®, PaysafeCard®, payolution® and FANS Entertainment. Paysafe Group plc shares trade on the London Stock Exchange under the symbol (PAYS.L). For more information, visit: www.paysafe.com.

Paysafe

Gavin Haycock

SVP, Corporate Communications

Tel. +44 (0) 203 8269767

gavin.haycock@paysafe.com

About HomeSend

HomeSend is a joint venture created by MasterCard, eServGlobal and BICS that enables B2B cross-border and cross-network value transfers through a single connection. It builds on the successful deployment of mobile enabled person-to-person transfers in emerging markets and the digitalization of money transfer services. The HomeSend service innovatively bridges the gap between finance and telecommunication service providers and enables consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. For more information, visit: www.homesend.com

Nathalie Dekoninck

Tel: +32 2 548 51 24

nathalie.dekoninck@homesend.com