Paysafe and Deutsche Bank partnership facilitates digital cash withdrawal across Germany [Yahoo! Finance]
Paysafe Limited Common Shares (PSFE)
Company Research
Source: Yahoo! Finance
cash using a barcode generated within the bank's mobile app. The service aims to bridge the gap between digital finance and traditional cash usage, particularly for older customers who rely heavily on cash. The move is seen as a strategic step to improve customer loyalty and increase digital engagement, especially among Postbank's customers who have the second-lowest digital engagement in the German banking market. Deutsche Bank and Paysafe have formed a partnership facilitating cash withdrawals and deposits at 12,500 locations around Germany with a digitally created barcode within the bank's mobile app. This feature will be available to Postbank customers in November 2024, with a wider rollout to Deutsche Bank clients planned for the latter half of 2025. This tool represents a timely strategic move by Germany's largest retail bank to bridge the gap between digital finance and traditional cash usage. GlobalData's Payment Market Driver Analytics shows that over the past five years
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PSFE
News
- Earnings Miss: Paysafe Limited Missed EPS And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Paysafe Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Paysafe Limited (NYSE: PSFE) had its price target lowered by analysts at Royal Bank of Canada from $25.00 to $21.00. They now have a "sector perform" rating on the stock.MarketBeat
- Paysafe Limited (NYSE: PSFE) had its price target lowered by analysts at Susquehanna from $23.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
- Paysafe Ltd (PSFE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Strategic ... [Yahoo! Finance]Yahoo! Finance
PSFE
Earnings
- 11/13/24 - Beat
PSFE
Sec Filings
- 11/25/24 - Form SC
- 11/13/24 - Form 6-K
- 11/13/24 - Form 6-K
- PSFE's page on the SEC website