Paysafe Group PLC, is an online payments company based in the Isle of Man and regulated in the United Kingdom. It is the provider of the NETBANX gateway, NETELLER e-money payments and free person-to-person money transfer service, and the Net+ prepaid card products used by merchants and consumers in over 200 countries.The company is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.
Payment systems provider Paysafe saw its shares tumble on Tuesday after a short-selling firm Spotlight Research claimed it was enabling illegal gambling and Chinese capital control evasion, local media reports. The short seller pointed out that Paysafe’s largest customer, Bet365, which represents around 50 percent of its earnings, is operating a business that appears to […]
Neteller and Skrill, commonly used payment options for online poker sites will be withdrawing its prepaid MasterCard services in 100 countries, according to an announcement from the parent company, Paysafe Group. While the affected customers’ Skrill accounts will remain fully functional, the decision is a blow to online poker players, as it was considered one […]
This week’s Betting on Sports Conference will offer the most comprehensive look at the betting industry ever seen, according to organizers SBC Events. From Brexit to Esports, marketing to integrity, money laundering to DFS, and US Sports to payments, the two-day conference will feature 90 speakers across 28 separate discussions. On Thursday 15th and Friday […]