back Back

Paysafe partners Eightcap to launch Embedded Trading Wallet in EU

By Gloria Methri

September 07, 2023

  • Cross Border Payments
  • Digital Wallet
  • Eightcap
Share

Paysafe, Digital Wallet, Cross Border Payments, Financial Services, Payments Orchestration, Eightcap, Embedded Trading Wallet, Embedded Finance Solution, EuropePaysafe and Eightcap, a global retail trading provider, have joined forces to launch an innovative Embedded Trading Wallet solution. This strategic collaboration aims to provide a joint embedded finance solution for Eightcap and Paysafe’s shared partners and merchants.

The two firms first established a successful payments partnership in 2016, with Paysafe providing a wide range of payment options for Eightcap global traders including digital wallets like Skrill and NETELLER, as well as various local payment methods.

Expanding on this collaboration, the newly introduced Embedded Trading Wallet utilizes Paysafe’s digital wallet infrastructure and Eightcap’s trading technology. This innovative solution allows partners to offer white-label, plug-and-play trading, and payment wallets for their retail traders, making it easier and more convenient for them to engage in trading activities from every corner of the globe.

The Embedded Trading Wallet brings together compliance expertise, and payments and trading capabilities to offer partners a secure trading wallet, empowering them to offer their customers a convenient and reliable trading and digital wallet solution.

Eightcap, a specialist in retail derivatives trading, is known for its unique B2B embedded trading API, which allows partners to offer over 1,000 tradable instruments in Stocks, Indices, Crypto, FX, and Commodities.

“We are delighted to be embarking on this strategic partnership with Eightcap and facilitating its embedded trading wallet solution through white labelling our products and services,” said Micah Kershner, SVP of Crypto and Digital Assets at Paysafe. “Embedded finance is the future, and we believe this solution will revolutionise the trader’s experience.”

Patrick Murphy, Director of UK at Eightcap, added, “We are extremely excited to be entering into this new phase of our partnership. This solution will enable unparalleled payment capabilities for our global partners and traders.”

Previous Article

September 07, 2023

Boost and Esker team to automate B2B virtual card processing

Read More
Next Article

September 07, 2023

Ant Group brings Alipay+ to tourists in Philippines with 3 new Mobile Wallets

Read More






IBSi Daily News Analysis

June 13, 2024

Cross Border Payments

Are payroll and financial statement fraud dual challenges facing UK SMEs?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Flexys partners with Acquired.com for debt collection

Read More

Today

Trustly launches new AI-powered recurring payments solution

Read More

Today

Regions Bank & BILL launch CashFlowIQ to optimize the payment and billing processes

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023