Paysafe Boosts Processing Capabilities with Cross-Border Acquiring Services

UK listed payment solutions provider, Paysafe Group plc (LSE: PAYS), today announced the launch of its multi-currency cross-border acquiring capabilities in Europe. Paysafe will now be able to offer full-service processing solutions to more businesses across the European Economic Area (EEA).

Our expanded cross-border acquiring service enables efficient payment processing solutions for businesses worldwide.

As reported by Finance Magnates, Paysafe released solid 2015 year-end financial results in March and the positive momentum has continued into 2016 in line with company plans to increase the range of products and services it provides around the world which is reflected in today’s launch.

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Among the products the company offers, Paysafe's PCI-compliant Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term platform allows for processing in over 100 currencies and provides industry-certified fraud and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools which help businesses worldwide accept payments securely online and via a mobile device.

Through its newly expanded acquiring capabilities, Paysafe is now able to offer its full-service, multi-territory European payment processing solutions to merchants based in all EEA countries, including UK merchant customers with an international presence in the EEA.

Andrea Dunlop, CEO of Card Solutions and Acquiring at Paysafe, commented: "Our expanded cross-border acquiring service is part of our ongoing strategy to provide holistic and efficient payment processing solutions to businesses worldwide. Our growing set of acquiring capabilities enable us to support more of the payments value chain for businesses, helping merchants accept both traditional and alternative payment methods securely and efficiently, through a single global operator."