Paysafe makes NETELLER crypto move

Paysafe’s NETELLER digital wallet is now offering its customers the opportunity to buy and sell cryptocurrencies, including Bitcoin and Bitcoin Cash, Ethereum and Ethereum Classic and Litecoin, with 28 fiat currencies available.

The launch follows Paysafe’s cryptocurrency service for customers of Skrill, which it says has proved very popular. The new NETELLER service is now live in ten countries with plans to roll it out to more than 50 additional markets over the coming months and to extend the service to its mobile app.

“The large amount of investment in technology and overall innovation in cryptocurrency has led to the rapid evolution of this space. As cryptocurrencies are increasingly embraced by businesses and consumers alike, this is an industry where we continue to strengthen our presence,” says Lorenzo Pellegrino, CEO Skrill, NETELLER and Income Access.

“As digital finance leaders, we believe we can play a significant role here and create value for both the industry and consumers. Connecting the dots between cryptocurrencies and traditional money in an efficient and user-friendly way is needed for cryptocurrencies to gain real traction amongst consumers. At Paysafe, we are in a great position to facilitate that through our leading digital wallets and other payment products.”