The vendor is authorized by FCA to issue e-money and is used by consumers and businesses in over 200 countries to manage billions of dollars every year. Paysafe also offers card solutions that enable businesses to set up prepaid card programmes. Paysafe risk solutions help merchants with chargebacks and automates the chargeback dispute process. The software has a customizable risk rules engine, CVV matching, tokenization and BIN number validation features to ensure secure payment environments. Paysafe is capable of supporting multiple pricing options and payment schedules as well as sending customized emails to the clients. The solution helps in deciding currency options and payment modes depending upon the client’s region. The software also generates automated reports on payments received in multiple currencies, currency conversion rates, products dispatched and cash flow statements. Paysafe is capable of processing credit/debit cards, online direct debit, ACH and other alternative and local payment types. Paysafe allows merchants to accept sales orders via phone or by mail and to route the payments through the website or mobile apps.
The software provides merchants a platform for accepting and processing payments globally and is PCI DDS compliant. Paysafe is a web and mobile-based payment solution for merchants and is used by over 500,000 sales outlets in 41 countries.
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