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Stock impact report

Paysafe launches digital wallet across 18 European markets [Yahoo! Finance]

Paysafe Limited Common Shares (PSFE) 
Company Research Source: Yahoo! Finance
The new product enables customers to send, receive, spend and withdraw funds. It is supported by a dedicated IBAN-enabled personal payment account and a debit card. Paysafe said the solution represents “the evolution of PaysafeCard's Account & Card” into a full-service wallet. PaysafeWallet is now live in 18 European markets: Germany, France, Greece, Spain, Italy, Austria, the Netherlands, Slovakia, Belgium, Portugal, Ireland, Slovenia, Finland, Cyprus, Latvia, Lithuania, Luxembourg, and Malta. The rollout has been implemented across the PaysafeCard app and website, as well as customer-facing marketing in all live markets. The payment group added that existing users will not see changes to their current services. The company also plans to expand PaysafeWallet into additional countries where PaysafeCard is already used as an online payment method. Paysafe chief product officer Bob Legters said: “PaysafeWallet is a core consumer product and a brand that carries the Paysafe Show less Read more
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