Bankable and Paysafe team up to provide omnichannel banking services

Bankable partners with Paysafe to launch a broad range of integrated, omnichannel banking services from Paysafe. Under the global agreement, Paysafe will use Bankable’s core banking services.

Today, Bankable announced a partnership with Paysafe, a world-beating leading and specialized payments platform. Bankable would provide it’s scalable and secure API as Paysafe’s new core banking platform and launch with Paysafe a broad new range of integrated services.

Paysafe as a company strives to enable businesses and consumers to connect and transact seamlessly via it’s digital wallets, online cash solutions and payment processing capabilities. It’s mission is to provide a differentiated value proposition for each and every customer that goes beyond the standard offerings available to them.

Bankable and Paysafe have previously collaborated together with it’s card issuing services to provide the British Red Cross with Prepaid Visa cards to support emergencies. This solution enabled families and individuals to use prepaid cards in the event of a crisis, providing a safe and discreet way to distribute money across those in need.

After signing the agreement, Noah Sharp, Chief Banking Officer at Paysafe, commented: “At Paysafe we’re progressing a number of innovative banking-as-a-service initiatives and broadening our network of relationships with leading banks, and we have a lot of exciting plans up our sleeve. To work with a strong, proven partner like Bankable, and the highly experienced team they bring, is an important component of our delivery in this area.”

Eric Mouilleron, Founder & CEO of Bankable added: “Like Bankable, Paysafe is a customer-centric organisation. Bankable signature one stop platform will serve as Paysafe’s new core banking platform, providing the company with technology to advance its payments infrastructure and enhance the services it provides to customers. We’re excited to support the company in its ambitious, global plans..”