Paysafe, an Isle of Man-based provider of digital payments solutions, has launched its multi-currency cross-border acquiring capabilities in Europe.
As a principal member of MasterCard Europe and Visa Europe, Paysafe directly acquires merchant accounts and processes transactions.
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The company said that through its newly broadened acquiring capabilities it will now be able to offer its full-service, multi-territory European payment processing solutions to merchants based in all European Economic Area (EEA) countries, as well as UK merchant customers with an international presence in the EEA.
Among the products offered by Paysafe, its PCI-compliant payments platform enables processing in over 100 currencies and provides industry-certified fraud and risk management tools, helping businesses around the globe accept payments securely online and through mobile devices.
Andrea Dunlop, CEO of card solutions and acquiring at Paysafe, said: "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."
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