Paysafe, a leading global payments platform, and Eightcap, a prominent retail trading provider, have announced an exciting collaboration that will bring forth an innovative Embedded Trading Wallet solution. This strategic partnership aims to provide a joint embedded finance solution, catering to the needs of Eightcap and Paysafe’s shared partners and merchants.
The roots of this partnership trace back to 2016 when Paysafe and Eightcap initially joined forces. Paysafe has since provided an extensive range of payment options for Eightcap’s global traders, including popular digital wallets like Skrill and NETELLER, along with a variety of local payment methods.
Building upon this fruitful alliance, the newly unveiled Embedded Trading Wallet leverages Paysafe’s robust digital wallet infrastructure and Eightcap’s cutting-edge trading technology. This groundbreaking solution allows partners to offer a white-label, plug-and-play trading and payment wallet for their retail traders, enhancing accessibility and convenience for traders across the globe.
Seamless Trading Experience
The Embedded Trading Wallet, hosted within Paysafe and Eightcap’s global licensing framework, amalgamates compliance expertise with payments and trading capabilities. It offers partners a seamless and secure trading wallet, enabling them to provide their customers with a convenient, secure, and reliable trading and digital wallet solution.
Paysafe, with its extensive track record in serving merchants and consumers in the global entertainment sectors, plays a pivotal role in enabling seamless connections and transactions between businesses and consumers. The company boasts industry-leading capabilities in payment processing, digital wallet, and online cash solutions.
With over 25 years of online payment experience, an annualized transactional volume exceeding $130 billion in 2022, and approximately 3,300 employees spread across 12+ countries, Paysafe connects businesses and consumers across more than 250 payment types in over 40 currencies globally. Paysafe’s integrated platform is tailored for mobile-initiated transactions, real-time analytics, and the convergence between traditional and online payments.
Eightcap, a global leader in retail derivatives trading, distinguishes itself in the industry with its unique B2B embedded trading API, which empowers partners to seamlessly offer over 1,000 tradable instruments spanning Stocks, Indices, Crypto, FX, and Commodities. Operating under a global licensing framework, Eightcap extends regulated derivatives trading to traders from over 120 countries.
The company is subject to regulation in Australia (ASIC), the UK (FCA), the Bahamas (SCB), and Cyprus/EU (CySEC). Eightcap has also made significant strides in the regulated crypto derivatives sector, collaborating with TradingView to enable their users to trade regulated crypto derivatives through broker integration with TradingView. It’s important to note that CFD trading carries significant risks and may not be suitable for all investors.
As Paysafe and Eightcap join hands once again, the Embedded Trading Wallet solution promises to be a game-changer in the world of finance and trading, offering enhanced convenience, security, and accessibility for retail traders and partners worldwide. This strategic partnership represents a significant step towards redefining the future of financial services, making trading and payment solutions more user-friendly and efficient than ever before.