Available in nearly 30 countries, Paysafecash makes online transactions possible for customers, who do not have a debit or credit card, or who do not want to use them online. Paysafecash, from leading integrated payments platform Paysafe, is an eCash payment method for customers who want to pay online easily and safely using cash. Further information is available at About Paysafecash TM Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. With over 20 years of online payment experience, an annualized transactional volume of US $100 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. Paysafe Limited ("Paysafe") (NYSE: PSFE) (PSFE.WS) is a leading specialized payments platform. We are excited to add Paysafecash as a payment option for our clients and help broaden their reach to more customers." Steve Karp, Chief Product Officer at OSG, said: "Paying a bill is a critical moment of engagement for our clients, and allowing our clients to engage with their customers when, where, and how they choose is a key element of our omnichannel payment strategy. consumers to pay their bills online using cash." We're delighted to collaborate with OSG to provide greater flexibility for U.S.
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Udo Müller, CEO of Paysafe's eCash division, said: "Smarter billing solutions that empower people to pay based on their payment preferences is a significant driver of financial inclusion. The barcode can then be presented to make a cash transaction for a bill payment at one of 70,000 participating retail locations such as a convenience store, pharmacy, or dollar store. Consumers can easily initiate the online cash payment by selecting Paysafecash, generating a unique barcode that can be stored digitally or printed. The addition of Paysafecash to OSG's B2C transactional suite will help businesses provide a payment option that is safe, convenient, and has no potential for chargebacks. Addressing this need, the integration of Paysafecash will allow federal, state and municipal governments, utility providers, and businesses to provide those with lower incomes and limited access to credit with greater payments flexibility. adults are either underbanked or unbanked. The importance of solutions that bridge the gap between technological innovation and financial inclusion is reflected in a 2020 report from the Federal Reserve, which shows that 22% of U.S. consumers, will now offer the Paysafecash ™ online cash solution as an alternative payment method to their platform, further promoting financial inclusion for unbanked and cash-focused consumers to pay their bills online.Īs an accelerator of digital transformation, OSG facilitates transactions across several industries, including property management, utilities, municipalities, and financial services as well as bills.
OSG, which provides online billing and payment solutions to many industries serving U.S. Houston, Texas - Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a partnership with Output Services Group (OSG), a global provider of customer engagement and payment solutions. Paysafecash TM integration with OSG platform allows unbanked and underbanked Americans to make online cash payments of government, utility, and medical bills