Paysafe Partners with Huawei for Online Cash Payments in Huawei AppGallery

Customers can now use paysafecard for payment in the Huawei AppGallery in many European countries

LONDRES, November 25, 2021– (BUSINESS WIRE) – Leading specialist payments platform Paysafe (NYSE: PSFE), today announces a new partnership with Huawei, a global leader in information technology infrastructure and communications and smart devices. Paysafe’s paysafecard online cash payment solution is now available as an alternative payment method in the Huawei AppGallery in Denmark, Finland, France, Germany, Italy, Norway, Poland, Spain, Sweden and the UK. The deployment of this solution will continue in most of the countries where paysafecard is available, enabling millions of customers to make online purchases with cash.

paysafecard, which is available in 50 countries through a distribution network of more than 700,000 stores, enables consumers to pay for their purchases of goods and services online in cash. Payment transactions are carried out in a simple and secure way, through the paysafecard account. Sensitive financial data such as bank account or credit card information is not required.

Commenting on this collaboration, Udo Müller, CEO of Paysafe’s eCash division, said: “Working with a giant like Huawei allows us to extend the reach of our cash payment solution to millions of new consumers. major milestone in our plan to make paysafecard the preferred payment method in digital entertainment. shopping online without a credit card or without having to disclose sensitive financial data. “

Jaime Gonzalo, Vice President of Huawei Mobile Services Europe: “The satisfaction of our customers has always been at the center of all our efforts. We are therefore delighted to offer a secure payment method, the result of our partnership with paysafecard, the eCash solution of Paysafe. This allows us to expand the payment options of our ecosystem, and to make our products and services more accessible to all Huawei Services users who prefer payment in cash, rather than bank cards and other solutions. billing, when making online payments. “

About paysafecard

paysafecard, a market leader in eCash payment solutions, was founded in 2000 and is headquartered in Vienna. paysafecard is part of the international Paysafe group, which offers a wide range of innovative payment solutions and services. paysafecard offers prepaid and online cash payment solutions under the brands paysafecard, my paysafecard, paysafecard Mastercard® and Paysafecash. Available at 700,000 points of sale in 50 countries, paysafecard enables simple and secure online transactions with cash. By using a 16-digit paysafecard code, customers do not need an account or credit card to pay over the internet, protecting their confidential financial information. In 2018, paysafecard developed Paysafecash, which allows customers to first make purchases online before securely paying for their purchases with offline cash at the nearest payment point. Paysafecash is already available in nearly 30 countries. In 2020, paysafecard achieved a transaction volume of 4 billion euros. www.paysafecard.com

About Paysafe Limited

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialty payments platform. Its main goal is to enable businesses and consumers to connect and transact seamlessly through advanced capabilities in payment processing, digital wallets and online cash payment solutions. With more than 20 years of experience in online payments, an annualized transaction volume of US $ 100 billion in 2020 and approximately 3,400 employees in more than 12 locations around the world, Paysafe connects businesses and consumers across 70 types of payment in more than 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions focus on mobile initiated transactions, real-time analytics and convergence between physical and online payments. More information is available at www.paysafe.com.

About Huawei

Huawei is a leading global provider of information and communication technology (ICT) infrastructure and smart devices. Offering integrated solutions in four main areas – telecommunications networks, computing, smart devices and cloud services – we are committed to delivering digital solutions to every person, home and organization for a smart, fully connected world.

Huawei offers a full range of products, solutions and services that are both competitive and secure. Through open collaboration with our ecosystem partners, we create lasting value for our clients, working to empower individuals, enrich family life and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation is driven by customer needs. We invest heavily in basic research, focusing on technological advances that move the world forward. We employ more than 188,000 people and are present in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees.

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