According to the press release, as part of the collaboration, Paysafe is leveraging Microsoft Azure's open and flexible cloud computing platform and tools for its US payment processing and merchant services. This will enable more agile delivery methods and establish a scalable global cloud footprint for Paysafe’s Card Present transaction systems.
Paysafe’s transition of its services to Azure is set to enhance its ability to deliver solutions to merchants in a way that is highly flexible. This will enable the company to focus on new innovations to meet the needs of the rapidly evolving payments landscape with supporting infrastructure from Microsoft to help ensure the scalability and resilience of the solutions.
Furthermore, the agreement between Paysafe and Microsoft is the latest development in an ongoing and multi-faceted collaboration between the two companies, which most recently saw Microsoft’s integration of Paysafe’s online cash solution, paysafecard, as a payment option for millions of Microsoft Store and Xbox.com customers across 22 countries. There are plans to extend the availability to more countries and the Microsoft Store on Xbox consoles during the first half of 2021.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now