Paysafe: US In-store SMBs Embrace Payments Technology Alongside Cash Acceptance
Paysafe Limited Common Shares (PSFE)
Company Research
Source: Business Wire
Paysafe-commissioned research reveals cash’s comeback in-store even as retailers and merchants adopt eCommerce checkouts, contactless payments and explore crypto HOUSTON--(BUSINESS WIRE)--Close to three quarters (71%) of U.S. small and mid-sized businesses (SMBs) that primarily sell through physical stores now have eCommerce checkouts, with 19% of these merchants diversifying online during the pandemic, according to research commissioned by leading specialized payments platform Paysafe (NYSE: PSFE). The report released today also indicates the inexorable rise of contactless payments, even as SMBs protect the cash consumer while exploring new payment methods like cryptocurrency.The latest edition of Paysafe’s annual ‘Lost in Transaction’ SMB research, which surveyed American in-store retailers as well as restaurants and other service providers in October 2021, reveals that more than half (53%) of SMBs think that the future of retail will be mostly online. However, merchants appear t
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News
- Paysafe Limited (NYSE: PSFE) had its price target raised by analysts at Bank of America Co. from $13.40 to $14.60. They now have an "underperform" rating on the stock.MarketBeat
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- Paysafe: Operating Momentum Meets Improving Financial Conditions [Seeking Alpha]Seeking Alpha
- Paysafe Limited (NYSE:PSFE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Paysafe stock drops after soft 2024 adjusted EBITDA guidance; Q4 earnings beat [Seeking Alpha]Seeking Alpha
PSFE
Earnings
- 3/7/24 - Miss
PSFE
Sec Filings
- 4/12/24 - Form 6-K
- 3/20/24 - Form IRANNOTICE
- 3/20/24 - Form 20-F
- PSFE's page on the SEC website