Paysafe expands Tebex partnership with single-API payment integration

Seeking Alpha··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Paysafe and video game monetization platform Tebex have announced a major expansion of their long-standing partnership. Tebex has integrated the unified Paysafe API Gateway into its checkout system, moving beyond a basic prepaid eCash connection to a comprehensive payment infrastructure. The single API integration gives global gaming studios and server merchants immediate access to a full suite of traditional and alternative payment methods, including the US-focused Openbucks solution that allows American gamers to fund online transactions with cash via third-party retail gift cards at over 67,000 physical locations. The expanded checkout features aim to improve conversion rates and broaden market access by catering to regional player payment preferences.

Impact on assets 1

Digital Finance & Tokenization▲ · 1 stocks
Paysafe Ltd
PSFE
▲ PositiveDemandrelevance

Expanded partnership with Tebex integrates Paysafe's API, increasing access to gaming merchants and improving conversion rates.

Off-coverage companies 2

TebexPrivate▲ Positive
Technologyrelevance

Tebex integrates Paysafe's single API, enhancing its checkout system with more payment options.

OpenbucksPrivate▲ Positive
Demandrelevance

Openbucks is highlighted as a key payment method in the expanded integration, potentially increasing its usage.

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