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Paysafe accelerates delivery of cloud strategy using Microsoft Azure

Monday 8 March 2021 11:06 CET | News

Paysafe has announced a new multi-year global deal which will see Microsoft support the company's strategic move to cloud-based transaction services.

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.


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Keywords: Paysafe, Microsoft, payment processing, merchants, online payments
Categories: Payments & Commerce | Online Payments
Countries: United States
This article is part of category

Payments & Commerce