Paysafe announces new partnership with Spreedly
Specialised payments platform Paysafe Limited (NYSE:PSFE) announces a new partnership with Spreedly, a global payments orchestration platform provider, to offer Paysafe’s payment gateway to Spreedly’s international merchant base.
Paysafe joins Spreedly’s Partnership Program to become part of its diversified and inclusive ecosystem which offers multiple payments services globally, with 120+ available integrations from a single point of connection. The program helps drive faster customer acquisition and stronger revenue growth for businesses, and increased value to merchants, platforms, and other customers.
Through Paysafe’s payment gateway, merchants are able to process card transactions seamlessly across multiple countries and currencies. Using Paysafe’s services, merchants can accept payments in over 40 currencies and support a large range of local payment methods, underpinned by the deep regulatory expertise and compliance required to process cross-border payments effectively and expand into new regions.
The partnership between Paysafe and Spreedly initially launched in the UK and Europe, with a particular focus on eCommerce, retail, travel, crypto, and financial services where both companies have a strong existing footprint. The two companies plan to extend the partnership into North America and Latin America.
Rob Gatto, Chief Revenue Officer at Paysafe, said:
“Spreedly’s Partnership Program has an exciting vision to offer businesses the opportunity to easily test and add new payment services through its ecosystem, which in turn can bolster all-important customer acquisition and retention efforts. We are delighted to bring Paysafe’s powerful payments solutions to this ecosystem and are looking forward to a successful collaboration.”
Bill Ryan, vice president of global sales with Spreedly, said:
“Our partners join our program to signal to the market their commitment to building an inclusive payments ecosystem, full of potential for payment services providers as well as the merchants, merchant aggregators, and marketplaces. We welcome the addition of Paysafe’s innovative and robust payment solutions as we continue to see incredible growth in transaction volume throughout the EU driven by merchants and merchant aggregators interested in the benefits of Payments Orchestration.”