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Paysafe Expands Payment Options Business to Brazil

Fintech Finance

Paysafe (NYSE: PSFE), a global payments platform, today announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) license for the countrys launch of its regulated online sports-betting and gambling market.

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Paysafe Set to Flourish in Brazilian iGaming Market Following New Payment Institution Licence

The Fintech Times

Global payments platform, Paysafe will now be able to expand its payment partnerships in Latin America (LatAm) to iGaming operators following approval from the Central Bank of Brazil (BCB) for a payment institution licence.

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The Top Payment Methods For Small Businesses

Stax

Your payment processing company will also charge processing fees on each transaction which can negatively impact your earnings unless the expense is passed onto customers. In a similar vein, you will need to embed or integrate a payment gateway with your website, online app, or SaaS platform to process online credit card payments.

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Finovate Global Ireland: Innovations in Payments, Regtech, and Debt Consolidation

Finovate

.” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. The company’s uP Platform offers high-penetration alternative payment methods; real-time payout disbursements; and compliant, end-to-end marketplace funds management.

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Payment Processing and Market Statistics for USA 2024

Clearly Payments

Consumer Preferences Credit cards maintain their dominance as the preferred online payment method, accounting for approximately 40% of all e-commerce transactions. Alternative payment methods, including digital wallets (25%), buy now, pay later (BNPL) options (10%), and debit cards (15%), are rapidly gaining traction.

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The Challenges And Rewards Of Having Hundreds Of Local Payment Options

PYMNTS

For instance, 50 percent of online shoppers have abandoned a transaction because the eCommerce operator failed to offer a preferred payment option. Customer support is also key. “We PayPal offers another example of the possible path forward.