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Image Credit: Global Fintech Series

Paysafe Expands Payment Options Business to Brazil

  • Global payments platform Paysafe has received approval from the Central Bank of Brazil for a payment institution license.
  • The license allows Paysafe to expand its payment partnerships with iGaming operators in Brazil and support Brazilian merchants with eCommerce payments.
  • With a population of 212 million, Brazil is expected to become Latin America's largest regulated online sports-betting market.
  • Paysafe offers digital wallets, alternative payment methods, and supports eCommerce, travel, entertainment merchants, and digital content creators.

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