what is paysafe

Paysafe is a multinational online payments company that offers payment processing, digital wallet, and online cash solutions to businesses and consumers. Paysafe has particular experience serving the global entertainment sectors. The company offers services both under the Paysafe brand and subsidiary brands that have become part of the group through several mergers and acquisitions, most notably Neteller, Skrill, SafetyPay, PagoEfectivo, Paysafecash, and paysafecard. Paysafecard is a prepaid card that allows users to pay online in cash without the need for a bank account or credit card. Paysafe operates in 120 global markets and offers 70 payment methods for localized payment processing solutions, including online, in-store, cross-border, and mobile point-of-sale systems. Paysafe stands out among competitors as a credit card payment processor that accepts high-risk merchants. Paysafes SDK and API are fully customizable and easily integrated into existing systems.