Specialized payments platform Paysafe on Monday (Aug. 16) signed a definitive agreement to acquire Latin American digital payment platform SafetyPay for $441 million in cash. Founded in 2007, SafetyPay enables eCommerce transactions at over 180,000 cash collection points through open banking and eCash offerings primarily...
Cross-border payments were in the spotlight this week for payment rails innovators, who expanded their infrastructure and partnered with other firms. This week’s look at payment rail innovation is all about digitization and international payments. dLocal is growing its payment network to include three countries...
In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. Razer...
Alternative digital payment platform SafetyPay has joined forces with Latin American eCommerce firm Rappi for cash solutions and immediate reconciliation, according to a Tuesday (Oct. 6) announcement. The technology of SafetyPay lets those who don’t have cards and consumers who are worried about fraud take...
September 30, 2021
SafetyPay, Latin America’s largest payment network, has joined forces with Betcris, the region’s biggest sport betting and iGaming company. The two companies announced the partnership Thursday (Sept. 30), saying SafetyPay’s alternative payment methods will let players make online deposits and cash payments using banks or cash collection points. “More regions legalizing sports betting, combined with […]
August 16, 2021
Specialized payments platform Paysafe on Monday (Aug. 16) signed a definitive agreement to acquire Latin American digital payment platform SafetyPay for $441 million in cash. Founded in 2007, SafetyPay enables...
