Tuesday, January 26, 2021

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Paysafe: Integrating cash into digital financial services

Paysafe: Integrating cash into digital financial services

  • Financial services are increasingly digital, but cash is still a critical element of the payments ecosystem
  • The growth of digital only banks such as Monzo, Starling Bank, and N26 as legitimate challengers to high street incumbents
  • Other financial product verticals such as loans, insurance, and money remittances disrupted by digital-only competitors
  • The relationship between consumers and cash remains critically important to the global financial ecosystem
  • Financial inclusion has been a key topic on the agenda for governments, regulators, financial services providers
  • There are eCash solutions in the market to unite cash consumers with digital financial products, such as Paysafecash

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