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PaySafe India
3.6
based on 33 Reviews
Company Overview
Company Locations
Working at PaySafe India
Company Summary
PaySafe India is a global leader in payment solutions, facilitating seamless transactions for businesses and consumers through a comprehensive digital platform.
Overall Rating
3.6/5
based on 33 reviews
3% below
industry average
Highly rated for
Work-life balance
Critically rated for
Job security, Promotions, Skill development
Work Policy
Monday to Friday
100% employees reported
Flexible timing
92% employees reported
No travel
95% employees reported
Night shift
50% employees reported
View detailed work policy
Top Employees Benefits
Office gym
1 employee reported
Cafeteria
1 employee reported
Health insurance
1 employee reported
Job/Soft skill training
1 employee reported
View detailed benefits
About PaySafe India
Founded in1996 (29 yrs old)
India Employee Count201-500
Global Employee Count1k-5k
HeadquartersLondon, United Kingdom (UK)
Office Locations
--
Websitepaysafe.com
Primary Industry
Other Industries
--
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Paysafe is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. With over 20 years of online payment experience, an annualized transactional volume of over US $80 billion in 2017 and approximately 3,000 employees located in 12+ global locations. Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. For more information, visit www.paysafe.com.
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PaySafe India Ratings
based on 33 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
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7
4
9
3
10
2
4
1
3
Category Ratings
4.0
Work-life balance
3.6
Company culture
3.6
Salary
3.5
Work satisfaction
3.2
Skill development
3.1
Promotions
2.9
Job security
PaySafe India is rated 3.6 out of 5 stars on AmbitionBox, based on 33 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
PaySafe India Reviews
Top mentions in PaySafe India Reviews
Compare PaySafe India with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 33 reviews | 3.3/5 based on 7.4k reviews | 4.0/5 based on 2.3k reviews | 4.2/5 based on 188 reviews |
Highly Rated for | Work-life balance | No highly rated category | Salary Skill development Work-life balance | Company culture Skill development Work-life balance |
Critically Rated for | Job security Promotions Skill development | Job security Promotions Company culture | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 48% employees reported | Work from office 51% employees reported | Work from office 38% employees reported |
Rating by Women Employees | 4.3 Good rated by 6 women | 3.2 Average rated by 623 women | 3.4 Average rated by 170 women | 4.6 Excellent rated by 8 women |
Rating by Men Employees | 3.4 Average rated by 22 men | 3.3 Average rated by 6.4k men | 4.0 Good rated by 2k men | 4.2 Good rated by 156 men |
Job security | 2.9 Poor | 2.7 Poor | 3.8 Good | 3.7 Good |
View more
PaySafe India Salaries
PaySafe India salaries have received with an average score of 3.6 out of 5 by 33 employees.
Platform Engineer
(45 salaries)
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₹4.8 L/yr - ₹18 L/yr
Product Manager
(37 salaries)
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₹12.3 L/yr - ₹39 L/yr
Senior Platform Engineer
(27 salaries)
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₹21.9 L/yr - ₹35 L/yr
Platform Engineer Lead
(12 salaries)
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₹33.4 L/yr - ₹39 L/yr
Senior Product Manager
(10 salaries)
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₹38 L/yr - ₹51 L/yr
UX Designer
(8 salaries)
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₹8 L/yr - ₹28 L/yr
Software Development Engineer Test
(7 salaries)
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₹9 L/yr - ₹15 L/yr
Sdet
(7 salaries)
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₹8 L/yr - ₹12.5 L/yr
Principal Product Manager
(7 salaries)
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₹43 L/yr - ₹98 L/yr
Devops Engineer
(6 salaries)
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₹14.3 L/yr - ₹35 L/yr
PaySafe India News
View all
Paysafe Announces Agreement to Sell Direct Marketing Payment Processing Business Line
- Paysafe Limited has entered into a definitive agreement to sell its direct marketing payment processing business line. The business primarily consists of direct marketing and other card-not-present volume in both complex and traditional industry verticals. The transaction is expected to close in 30 days subject to finalizing certain transition services-related items.
- Subject to the finalization of financial reporting processes, full year revenue for 2024 is estimated to be $1,705 million, an increase of 6% compared to 2023, or 7% when excluding the disposed business. The net income for 2024 is expected to be between $19 million and $25 million, compared to a net loss of $20 million in 2023. Adjusted EBITDA for the full year 2024 is estimated to be $452 million, a decrease of 2%, compared to 2023, or an increase of 2%, when excluding the disposed business.
- Paysafe has provided additional historical information for comparability purposes giving effect to the disposed business. During the Company’s prior two earnings calls, management discussed that strategically it was in the best interest of Paysafe’s shareholders to reduce the Company’s exposure to direct marketing, a business line within the SMB portfolio of its Merchant Solutions segment.
- For full year 2025, Paysafe expects year-over-year revenue growth to be between 6.5% and 8.0% and adjusted EBITDA margin to be between 27.1% and 27.6%, with adjusted EBITDA growth in the mid-teens. This preliminary outlook excludes the results of the disposed business for 2024 and 2025.
- The Company's Board of Directors has authorized a $70 million increase in its existing share repurchase program. Including the $70 million increase announced, approximately $77 million in aggregate remains available under the share repurchase program.
- The consideration for this transaction largely consists of annual earnout payments over the next five years. However, the transaction cost and Earnout payments were not disclosed by Paysafe.
- The core businesses performed in line with our expectations for 2024, including 10% revenue growth from our Merchant Solutions segment, excluding the disposed business, and 4% revenue growth from our Digital Wallets segment.
- The Company made significant investments in 2024 totaling approximately $29 million to expand its sales capabilities and optimize the portfolio.
- Paysafe's preliminary results described in this press release reflect management's estimates based upon information available to management as of the date of this release, are unaudited, and are subject to finalization of their financial reporting processes. These results could differ materially from the actual results when they are finalized and publicly disclosed.
- The transaction is expected to result in a declining, non-core revenue stream while significantly reducing Paysafe's exposure to higher risk verticals. It is expected to result in long-term shareholder value and sharpen Paysafe's focus on Paysafe’s ideal customers and verticals in the experience economy.
Global Fintech Series | 11 Feb, 2025
FinTech IPO Index Adds 2.6% as Paysafe Jumps on Takeover Reports
- The FinTech IPO Index gained 2.6% in the past week, driven by various factors such as earnings, partnerships, and takeover rumors.
- Paysafe shares surged 17% as the company considers a potential sale after receiving takeover interest.
- AMTD Group's stock rose 21% after announcing a partnership with Beijing Alibaba Pictures Culture to collaborate on film investments and promote the Chinese film industry.
- FinWise reported positive Q4 earnings, with increased loan originations and total deposits.
Pymnts | 7 Feb, 2025
Report: Paysafe Explores Options After Getting Takeover Interest
- Online payments firm Paysafe is exploring options after receiving takeover interest.
- Paysafe is working with a financial advisor to consider its next steps.
- No final decisions have been made, and there is no guarantee of a transaction.
- Paysafe went public through a merger in December 2020 and has seen a significant drop in stock value since then.
Pymnts | 7 Feb, 2025
Paysafe.js Payment Integration in React.js with 3DS (Step-by-Step Guide)
- Integrating a payment gateway should be straightforward, but working with Paysafe.js is challenging due to minimal online resources, scattered documentation, and vague implementation details. Official docs provide only the bare essentials, leaving many edge cases unexplored and simple tasks requiring deep dives into support tickets. This post provides a step-by-step guide to integrating Paysafe.js, highlights developer’s challenges, workarounds. A custom hook that deals with Paysafe.js is created that handles fields validation and tokenizing.
- The custom hook loads Paysafe.js script and sets up the file. It sets up the Paysafe instance, checks if the SDK is loaded, performs the necessary functions for empty and validation checks, and shows whether all fields valid. The usePaysafe hook provides additional methods like checkFieldIsEmpty, checkFieldIsValid, and checkAllFieldsValid.
- The PaysafeOptions object, containing environment, currency, accounts, and fields, is passed to usePaysafe hook, which includes cardNumber, expiryDate, cvv selectors, and placeholders.
- A method called get3DSOptions utilizes the tokenization process with a 3D Secure in an iframe. It includes the amount, currency, merchantRefNum, paymentType, customerDetails with holderName, profile with first name, last name, email, and threeDs with amount, currency, accountId, merchantRefNum, priorAuthenticationData, profile with email, phone, and cell phone.
- A paySafeForm component is created with the props amount, currency, serverPayload, and validPaymentContacts. We use the usePaysafe hook, a get3DSOptions helper function, and a mutations function, tokenizeMutation, to implement a method called handlePay to check if all the fields are valid and sets loading state to true. If the payment contact details are valid, then call mutations function with the necessary parameters. The PaySafeForm component includes cardholder name, card number, expiration date, CVV, and a pay button. When all the fields are valid and if payment contact details are valid, clicking the pay button will initiate the payment processing.
- Links to CodePen, Developer Paysafe, and the test environment are provided.
- The step-by-step guide in this article helps in integrating Paysafe.js, which may be challenging due to minimal resources available. Developers face several challenges, including scattered documentation with vague implementation details. The implementation may require deep dives into support tickets because simple tasks require it. By utilizing the custom hook, get3DSOptions, and a paySafeForm component, you can handle fields validation and tokenizing to generate payment processing.
Dev | 2 Feb, 2025
CellPoint Raises $30 Million for Travel Sector Payment Orchestration
- Payment orchestration firm CellPoint Digital has raised $30 million in funding.
- The funding will help launch CellPoint's payment orchestration platform for the travel industry.
- CellPoint plans to optimize payment services for clients and expand alternative payment methods.
- The company has collaborated with Paysafe to offer seamless payments to travel merchants.
Pymnts | 21 Nov, 2024
Note to Retail: Keep Shopping Simple if You Want Consumers to Buy
- Simplicity in the omnichannel shopping experience is appreciated by consumers.
- Merchants need to minimize friction to avoid losing customers to competitors.
- Paysafe leverages partnerships and advanced data analytics to reduce friction for consumers and merchants.
- KYC, KYB, and underwriting activities are fulfilled through partner firms.
Pymnts | 21 Nov, 2024
Paysafe and CellPoint Partner on Payment Orchestration for Travel Merchants
- Paysafe partnered with CellPoint Digital to allow travel merchants to offer seamless payments to their customers.
- The integration enables travel merchants to connect to multiple acquirers through CellPoint Digital's payment orchestration platform.
- The collaboration provides travel merchants with access to more individual acquirers and payment method providers in different markets.
- Paysafe's acquiring capabilities combined with CellPoint Digital's payment orchestration platform streamline payment processes and expand global reach for travel merchants.
Pymnts | 20 Nov, 2024
Paysafe Partners with Deutsche Bank to Strengthen Its Cash Services for Postbank Customers in Germany
- Paysafe has partnered with Deutsche Bank AG to provide private customers in Germany with easy access to cash services.
- Customers can deposit and withdraw cash seamlessly using Paysafe's barcode solution, Paysafecash.
- The service will be available for Postbank customers in November and will be rolled out to Deutsche Bank customers in the second half of 2025.
- Customers can create a barcode in their banking app and scan it at 12,500 participating retail locations across Germany to access cash services.
Global Fintech Series | 30 Oct, 2024
Paysafe and Deutsche Bank to Enable Cash Services at Retailers
- Paysafe and Deutsche Bank have partnered to enable cash services at retailers in Germany.
- Customers can deposit and withdraw cash at 12,500 participating retail locations without visiting a bank branch or ATM.
- The service will be introduced to Postbank customers in November and later expanded to Deutsche Bank customers.
- The service is powered by Paysafe's barcode solution called Paysafecash (viacash in Germany).
Pymnts | 30 Oct, 2024
Paysafe Teams Up with Deutsche Bank to Improve Cash Services for Postbank Customers in Germany.
- Paysafe has partnered with Deutsche Bank to improve cash services for Postbank customers in Germany.
- The collaboration will provide private customers with easy access to cash services using Paysafe's barcode solution, Paysafecash.
- The service will be available for Postbank customers in November and will be rolled out to Deutsche Bank customers in the second half of 2025.
- Customers can deposit and withdraw cash seamlessly by creating a barcode in their banking app and scanning it at participating retail locations.
TechBullion | 30 Oct, 2024
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PaySafe India FAQs
When was PaySafe India founded?
PaySafe India was founded in 1996. The company has been operating for 29 years primarily in the FinTech sector.
Where is the PaySafe India headquarters located?
PaySafe India is headquartered in London.
How many employees does PaySafe India have in India?
PaySafe India currently has approximately 200+ employees in India.
Does PaySafe India have good work-life balance?
PaySafe India has a work-life balance rating of 4.0 out of 5 based on 30+ employee reviews on AmbitionBox. 48% employees rated PaySafe India 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read PaySafe India work-life balance reviews for more details
Is PaySafe India good for career growth?
Career growth at PaySafe India is rated as moderate, with a promotions and appraisal rating of 3.1. 52% employees rated PaySafe India 3 or below, while 48% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading PaySafe India reviews for more detailed insights.
What are the pros and cons of working in PaySafe India?
Working at PaySafe India comes with several advantages and disadvantages. It is highly rated for work life balance. However, it is poorly rated for job security, promotions / appraisal and skill development, based on 30+ employee reviews on AmbitionBox.
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