Paysafe strengthens Microsoft partnership
Paysafe (NYSE:PSFE) shares gainedÂ 4%Â premarket on Tuesday after the payments platform strengthened its relationship with Microsoft (NASDAQ:MSFT).
Paysafe's (PSFE)Â prepaid eCash solution "paysafecard" is now accepted as a new alternative payment option on Microsoft.com and Xbox.com in U.S. and eight additional countries in Europe. The prepaid payment solution enables consumers to use cash to pay for services online.
The ongoing collaboration between the two companies now spans 31 countries. In 22 European countries, this service is also available on the Xbox game console.