• Specialized payments platform Paysafe (NYSE: PSFE) has extended its collaboration with cryptocurrency exchange transcoin.me.

  • Customers across Europe who prefer to use cash for online transactions can now use Paysafecash, one of Paysafe's eCash solutions, to add some money into their transcoin.me fiat account.

  • Transcoin's existing suite of payment methods already includes Paysafe's digital wallets, Skrill and NETELLER.

  • "Extending these payment solutions to a cash-based service like Paysafecash significantly increases the reach of our cryptocurrency exchange, by extending it to cash-reliant customers," transcoin.me CEO Deniss Belaicuks said.

  • "The ability to use cash-funding for participation in the cryptocurrency exchange allows our cash-based customers access to the space as well as widening the reach of platforms like transcoin.me," Paysafe eCash CEO Udo Müller said.

  • Price Action: PSFE shares traded higher by 4.49% at $3.72 in the premarket session on the last check Thursday.

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