Paysafe Secures Payment Institution License in Brazil

MT Newswires Live

2025/01/07

Paysafe (PSFE) said Tuesday it has received the Central Bank of Brazil's approval for a payment institution license for the launch of the country's regulated online sports betting and gambling market.

The license allows Paysafe to expand its payment partnerships with iGaming operators in Brazil and offer its alternative payment methods to e-commerce, travel and entertainment merchants in the country.

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