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Paysafe and Microsoft Expand Collaboration

By AP News - Nov 15, 2022, 05:04 AM ET
Last Updated - Mar 26, 2024, 02:22 PM EDT
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The ongoing collaboration between the two companies now spans 31 countries. This latest development means that millions of new customers in the US and Europe who don’t have access to traditional online payment solutions or who prefer not to share their credit card information online can now make cash-based purchases on Microsoft.com and Xbox.com

Leading specialised payments platform Paysafe (NYSE: PSFE) has further strengthened its relationship with Microsoft, launching paysafecard as a new alternative payment option on Microsoft.com and Xbox.com in the United States and eight additional European countries

LONDON--(BUSINESS WIRE)--Nov 15, 2022--

Leading specialised payments platform Paysafe (NYSE: PSFE) has further strengthened its relationship with Microsoft, launching paysafecard as a new alternative payment option on Microsoft.com and Xbox.com in the United States and eight additional European countries.

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The ongoing collaboration between the two companies now spans 31 countries. This latest development means that millions of new customers in the US and Europe who don’t have access to traditional online payment solutions or who prefer not to share their credit card information online can now make cash-based purchases on Microsoft.com and Xbox.com. In 22 European countries, this service is also available on the Xbox game console.

The prepaid payment solution paysafecard, available in 50 countries through a distribution network of 700,000 retail stores, enables consumers to use cash to pay for services online. Using a 16-digit code, payment transactions are completed simply and reliably. Bank account or credit card details are not required.

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