LONDON--(BUSINESS WIRE)--Apr 22, 2026--
Paysafe (NYSE: PSFE), a global payments platform, today introduces PaysafeWallet, the digital wallet designed to support everyday financial management for cash and digital-preferred consumers in the experience economy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422204567/en/
PaysafeWallet enables customers to send, receive, spend, and withdraw money, supported by a dedicated IBAN-enabled personal payment account and debit card. This solution represents the evolution of PaysafeCard’s Account & Card into a full-service digital wallet. PaysafeWallet has been fully rolled out across the PaysafeCard app, website, and customer-facing marketing in all live markets, creating one clear and unified value proposition.
PaysafeWallet is now live across 18 European markets: Germany, France, Greece, Spain, Italy, Austria, the Netherlands, Slovakia, Belgium, Portugal, Ireland, Slovenia, Finland, Cyprus, Latvia, Lithuania, Luxembourg, and Malta.
For existing users, nothing changes. More than 600,000 customers will continue to access cash deposits and their IBAN‑based account and debit card with uninterrupted service and functionality. At the same time, PaysafeWallet is expanding into new countries where PaysafeCard is already a very popular online payment method.
“PaysafeWallet is a core consumer product and a brand that carries the Paysafe name and represents where we are headed,” said Bob Legters, Chief Product Officer at Paysafe. “It connects cash‑based consumers to a modern digital wallet experience, combining everyday usability with the financial services they need to participate fully in the experience economy.”
PaysafeWallet builds on strong early momentum. Initially launched in select European markets to bring wallet capabilities to cash and digital consumers, the platform quickly expanded across multiple markets. Today, PaysafeWallet plays a central role in Paysafe’s strategy to create a connected consumer journey, enabling customers to move seamlessly from cash solutions to full‑service digital wallets.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com
Paysafe Introduces PaysafeWallet, the Digital Wallet Built for the Experience Economy
PaysafeWallet is a digital wallet designed to support everyday financial management for cash and digital-preferred consumers in the experience economy.
PaysafeWallet has been fully rolled out across the PaysafeCard app.
ISTANBUL (AP) — Sadri Haghshenas spends her days selling borek — a layered, savory pastry — at a shop in Istanbul, but her mind is on her daughter in Tehran.
The family had to send her home to Iran after they ran into difficulties renewing her visa, despite fears that a shaky ceasefire could soon collapse.
For years, short-term residency permits have allowed tens of thousands of Iranians to pursue economic opportunities and enjoy relative stability in neighboring Turkey. But it's a precarious situation, and the war has raised the stakes.
“I swear, I cry every day,” Haghshenas said, raising her hands from behind the counter of the pastry shop. “There is no life in my country, there is no life here, what shall I do?”
Haghshenas and her husband moved to Turkey five years ago with their then-teenage daughters and have been living on tourist visas renewable every six months to two years.
They could not afford a lawyer this year, because her husband is out of work due to health problems. As a result, they missed the deadline to apply for a new visa for their 20-year-old daughter, Asal, who is still in her final year of high school.
Asal was detained at a checkpoint earlier this month and spent a night at an immigration facility. Her mother found a friend to take her back to Tehran rather than face deportation proceedings that could complicate her ability to return to Turkey. They hope she can come back on a student visa.
Haghshenas has been unable to talk to her daughter since she left because of a monthslong internet blackout in Iran.
Turkey has not seen an influx of refugees, as most Iranians have sought safety within their country. Many who have crossed the land border were transiting to other countries where they have citizenship or residency.
Nearly 100,000 Iranians lived in Turkey in 2025, according to the Turkish Statistical Institute. Around 89,000 have entered Turkey since the start of the war, while around 72,000 have departed, according to the United Nations' refugee agency.
Some Iranians have used short-term visa-free stays to wait out the war, but there are few options for those who want to stay longer.
Sedat Albayrak, of the Istanbul Bar Association’s Refugee and Migrant Rights Center, said that getting international protection status can be difficult, and the system encourages Iranians to apply for short-term permits instead.
“There are people who have lived on them for over 10 years," he said.
Nadr Rahim came to Turkey for his children’s education 11 years ago. Now, the war may force him to go home.
Because of the difficulty of getting a permit to start a business or work legally in Turkey, he lived off the profits of his motorcycle salesroom in Iran. But there have been no sales since the war started, and international sanctions — and the internet outage — make it extremely difficult to transfer funds.
His family only has enough money to stay in Turkey a few more months. His children grew up in Turkey and don't read Farsi or speak it fluently. He worries about how they would adapt to living in Iran, but said “if the war continues, we will have no choice but to return.”
In the meantime, he spends most of his days scrolling on his phone, waiting for news from his parents in Tehran or discussing the war over waterpipes with Iranian friends.
A 42-year-old Iranian woman came to Turkey eight months ago, hoping to make money to support her family. She and her daughter registered as university students to get study visas. She attends classes in the morning to keep her legal status before rushing to service jobs, sometimes working until 3 a.m.
They share a room with six other people at a women's boarding house, she said, speaking on condition of anonymity out of fear for her security should she return to Iran.
“I truly love Iran. If necessary, I would even go and defend it in war,” she says. But she sees no future there, while in Turkey, she’s barely scraping by and only able to send small amounts of money to her parents.
“I have a bad life in Turkey, and my parents have a bad life in Iran,” she said. “I came to Turkey with so much hope, to support my parents and build a future. But now I feel hopeless.”
A 33-year-old freelance architect from Tehran traveled to Turkey during Iran's violent crackdown on mass protests in January. She had planned to return after the situation calmed down, but then the United States and Israel went to war with Iran at the end of February.
“I started to believe that it’s a very bad situation, worse than I expected,” she said, speaking on condition of anonymity for fear of persecution if she returns to Iran.
She has been unable to work for her usual clients back in Iran because of the internet blackout. With the end of her 90-day visa-free window approaching, she can't afford to apply for a longer stay in Turkey.
Instead, she has decided to go to Malaysia, where she will get free accommodation in return for building shelters during a month of visa-free stay.
She has no plan for what comes next.
A man walks past an Iranian grocery shop in Istanbul on Tuesday, April 14, 2026. (AP Photo/Khalil Hamra)
Nadr Rahim, right, sits with a friend at an Iranian coffee shop in Istanbul on Tuesday, April 14, 2026. (AP Photo/Khalil Hamra)
Sadri Haghshenas, a 47-year-old Iranian woman who works at a borek shop, walks in Istanbul on Tuesday, April 14, 2026. (AP Photo/Khalil Hamra)
Turkish and Iranian flags are seen in an Iranian currency exchange business in the Aksaray district of Istanbul on Monday, April 13, 2026. (AP Photo/Khalil Hamra)
A baker hangs bread in an Iranian bakery in Istanbul on Tuesday, April 14, 2026. (AP Photo/Khalil Hamra)
