Paysafe and Eightcap Join Forces to Unveil Revolutionary Embedded Trading Wallet Solution
In an exciting development, Paysafe and Eightcap have officially unveiled their latest endeavor — an innovative Embedded Trading Wallet solution, according to Fintech Global News. This strategic partnership represents a significant step forward in their collaboration, promising to revolutionize the world of finance and trading.
Since their initial partnership in 2016, Paysafe and Eightcap have continually strengthened their ties, most notably in the realm of payments. However, the introduction of the Embedded Trading Wallet takes their cooperation to new heights.
The primary objective of this strategic alliance is to provide a unified embedded finance solution that caters to both Eightcap and Paysafe’s shared partners and merchants. Leveraging the combined global licensing framework of both companies, this initiative combines compliance expertise, as well as trading and payment capabilities, to offer partners a seamless and highly secure trading wallet.
One of the standout features of this Embedded Trading Wallet is its white-label, plug-and-play functionality. Designed to cater to retail traders, this solution makes trading activities more accessible and convenient for individuals across the globe.
Micah Kershner, SVP of Crypto and Digital Assets at Paysafe, expressed his enthusiasm, stating, «We’re thrilled to embark on this strategic partnership with Eightcap and facilitate its embedded trading wallet solution through white-labeling our products and services.» This sentiment underscores the shared commitment of both companies to delivering cutting-edge solutions to their partners.
Eightcap, renowned as a global leader in retail derivatives trading, boasts a unique B2B embedded trading API. This API empowers partners to effortlessly offer more than 1,000 tradable instruments encompassing Stocks, Indices, Crypto, FX, and Commodities.
Patrick Murphy, Director of UK at Eightcap, also shared his excitement, saying, «We are extremely excited to be entering into this new phase of our partnership. This solution will enable unparalleled payment capabilities for our global partners and traders.» Murphy’s statement highlights the optimism surrounding the potential of this Embedded Trading Wallet to bring about significant improvements in the world of finance.
Paysafe and Eightcap’s partnership has evolved yet again, this time with the introduction of an Embedded Trading Wallet that promises to simplify and enhance the trading experience for partners and traders worldwide. This collaboration signifies a noteworthy milestone in the world of financial technology, showcasing the power of innovation when industry leaders come together.