Can Merchants Benefit from Spreedly Pairing with Paysafe?

Spreedly, the open payments platform company trusted by major brands such as BMW, Lemonade, The New York Times, HBO Max and Getty has announced a partnership with payments platform Paysafe.

The agreement sees the integration of Paysafe into Spreedly’s global payments orchestration platform. Paysafe will act as an acquirer, processing credit and debit card payments for online merchants in international markets; specifically Europe and North America. 

Merchants will eventually be able to access Paysafe’s flagship digital wallets, in addition to the pre-paid PaysafeCard.

The strategic partnership will also see the addition of Paysafe’s Gateway marrying into Spreedly’s Open Payment Platform. Transactions will be completed in seconds as Paysafe Gateway seamlessly processes online card payments for both merchants and consumers.

This is an addition to the 140+ different payment gateways already connected with Spreedly’s Open Payment Platform. Spreedly already processes over US$60bn in gross merchandise value for over 400 customers spanning 100 countries. 

Additional benefits gained from Spreedly include Paysafe’s extensive experience supporting forex and financial trading brokers with online payments. Paysafe connects global businesses and consumers with 260 payment types in 48 currencies. 

Spanning over 30 years, Paysafe has also collected knowledge in key industries such as financial services, iGaming, ecommerce, travel and hospitality. At the end of 2024, Paysafe published an annualised transaction volume of US$152bn.

Michael Rokos, Partner Strategy Director at Spreedly, notes: “At Spreedly, we believe open payments drive better outcomes for merchants. Bringing Paysafe onto our Open Payments Platform expands optionality for our customers and reinforces our mission to provide a flexible, future-ready infrastructure for global commerce.”

What Paysafe brings for merchants 

Already live, online trading brokers and financial services companies can see the benefits of the partnership as Paysafe processes card payments via Spreedly’s Open Payment Platform, which boasts connectivity to over 40 unique payment methods. Several more merchants are in the onboarding process, with the expectation of launching before the end of 2026. 

The primary focus of the partnership lies in Paysafe’s role as an acquirer for card payments, however, a secondary benefit for merchants is the additional access to alternative payment methods. 

Rob Gatto, Chief Revenue Officer at Paysafe, says: “We’re excited to partner with Spreedly, which is a major player in the payment orchestration space, with well over a decade’s experience. With the Paysafe Gateway a trusted solution for card payments among forex and financial trading brokers and a wide range of other industries, we look forward to strengthening Spreedly’s Open Payment Platform and streamlining payments for its merchant users and their customers.”

Paysafe’s flagship digital wallets, Skrill and Neteller, will be available to merchants. For consumers wishing to use cash while transacting online, Paysafe offers the PaysafeCard. This pre-paid payment method will also be available through the partnership. 

Paysafe solutions are aimed toward mobile-initiated transactions, and aims to plug the gap between brick-and-mortar and online payments.