Paysafe selects AWS for its strategic cloud services to drive innovation in digital commerce

According to the press release, through this collaboration, Paysafe is migrating its broad portfolio of mission critical workloads, including eCash solutions, paysafecard and Paysafecash, and its digital wallets, Skrill and NETELLER, to AWS to develop new cloud-native merchant payment and consumer wallet products for its business and consumer customers. The first milestone of the collaboration has already been completed with the transition of Paysafe’s eCash solutions to the cloud.

The move to AWS supports Paysafe to leverage data to drive customer acquisition and engagement, as well as to run and scale products and applications for its North American and European operations in a highly reliable manner. Collectively, Paysafe’s solutions are actively used by more than 15 million people across more than 120 countries and support thousands of businesses to offer popular alternative payment methods.

Paysafe’s partners will also benefit from its cloud-first approach, making it easier for merchants and other third parties to connect to the Paysafe Network using an API-based integration. The real-time transactional processing powered by AWS will allow merchants to offer an improved customer experience at the point-of-sale.