Paysafe Group Limited, registered in the EU Transparency Register since February 19, 2016, is a global leader in online payment solutions, trusted by businesses and consumers across more than 200 countries and territories. The company facilitates a broad range of payment services including credit and debit card acceptance, direct bank payments, alternative and local payment methods, and innovative prepaid products. Its portfolio includes well-known brands such as NETELLER, Skrill, and paysafecard, which are widely used by merchants to boost revenues and attract new customers, as well as by consumers for secure and convenient payments.
Paysafe’s lobbying efforts focus primarily on influencing key EU legislative files such as the revision of Anti-Money Laundering (AML) legislation, payment services and e-money regulations, fintech innovation, data protection laws, the Digital Single Market agenda, and electronic Know Your Customer (eKYC) requirements. The company holds multiple e-money licenses and a licensed payment institution status within the EU, reflecting its significant regulatory footprint.
Since its EU registration, Paysafe has declared lobbying expenditures totaling approximately €250,000 for the year 2016, with a lobbying team equivalent to 2.5 full-time employees (FTEs) comprising four individuals with varying employment percentages. The firm has conducted at least two high-level meetings with the European Commission, demonstrating active engagement with EU policymakers.
Paysafe’s lobbying strategy is supported by its extensive regulatory and operational presence across several jurisdictions, including Austria, Bulgaria, Ireland, Isle of Man, Switzerland, the UK, and the US. This multinational footprint is backed by regulatory authorizations from key authorities such as the Central Bank of Ireland, the Financial Conduct Authority (UK), and the Swiss Financial Market Supervisory Authority (FINMA).
The company’s lobbying activities are aligned with its business model, which emphasizes secure, innovative, and compliant payment solutions. Paysafe also participates in anti-fraud initiatives and collaborates with third parties to prevent financial crime, reflecting its commitment to regulatory compliance and risk management.
