Eightcap and Paysafe launch white-label trading and payment wallet for retail traders
“Embedded finance is the future, and we believe this solution will revolutionize the trader’s experience.”
Paysafe and Eightcap have announced a significant enhancement to their longstanding partnership. The introduction of an innovative Embedded Trading Wallet solution marks a significant step forward for the companies.
Embedded Trading Wallet provides a joint embedded finance solution for their shared partners and merchants.
Embedded Trading Wallet leverages Paysafe’s wallet and Eightcap’s trading tech
Paysafe and Eightcap have been collaborating since 2016 when Paysafe first started providing a wide array of payment options for Eightcap’s global traders, including popular digital wallets like Skrill and NETELLER, in addition to various local payment methods.
Building upon this successful partnership, the Embedded Trading Wallet leverages Paysafe’s robust digital wallet infrastructure and Eightcap’s cutting-edge trading technology.
This groundbreaking solution enables partners to offer a white-label, plug-and-play trading and payment wallet for their retail traders, making it simpler and more convenient for traders to engage in trading activities worldwide.
Eightcap’s B2B embedded trading API covers 1,000+ CFD instruments
The Embedded Trading Wallet, hosted within Paysafe and Eightcap’s combined global licensing framework, represents a fusion of compliance expertise and payment and trading capabilities.
It offers partners a seamless and secure trading wallet, empowering them to provide their customers with a convenient, secure, and reliable trading and digital wallet solution.
Eightcap, a global leader in retail derivatives trading, is distinguished by its unique B2B embedded trading API, which enables partners to seamlessly offer over 1,000 tradable instruments, including Stocks, Indices, Crypto, FX, and Commodities.
“Embedded finance is the future”
Micah Kershner, SVP of Crypto and Digital Assets at Paysafe, said: “Embedded finance is the future, and we believe this solution will revolutionize the trader’s experience.”
Patrick Murphy, Director of UK at Eightcap, added: “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.”
With Paysafe’s extensive track record of serving merchants and consumers in the global entertainment sectors and Eightcap’s leadership in retail derivatives trading, this collaboration is poised to reshape the trading landscape. Traders will benefit from a more streamlined and user-friendly experience, while partners and merchants will have access to a comprehensive solution that combines the best of both companies’ expertise.
Both Paysafe and Eightcap will be participating in TOKEN2049 in Singapore on September 13 and 14, where they will showcase their innovative solutions.
The introduction of the Embedded Trading Wallet solution is a pivotal moment for Paysafe and Eightcap as embedded finance continues to gain momentum.
