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Digital Wallet and eCommerce Growth Drive Paysafe Merchant Solution Sales
- Shares of Paysafe slumped 25% after reporting earnings that missed expectations.
- Merchant solutions volumes were up 8% to $32 billion with revenues of $241 million.
- Digital wallet volumes increased by 5% to $5.9 billion with revenues of $191 million.
- Paysafe is collaborating with Revolut to expand its e-cash service, expecting increased adoption and expansion to other markets.
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