Payment services provider Optimal Payments Plc intends change its name to Paysafe Group plc and will present the proposal at an Extraordinary General Meeting scheduled for this month.
The acceptance of the recommendation will see the company listed on the London Stock Exchange’s main market for listed securities. Entering London’s main stock market comes after the company acquired Skrill for Euro 1.1 Billion.
About Optimal Payments (PaySafe) and its payment services
Optimal, expected to rebrand to PaySafe in October 2015, is the company behind the Neteller, Skrill and prepaid product, PaySafe Card. Through its acquisitions, the company is considered among the largest e-wallet providers available to customers in hundreds of countries.
Its Neteller service launched in 1999 and has grown to become a popular e-wallet among online shoppers and gamblers alike. In fact, there are over 600 online casinos that support this payment method. Withdrawals from casino operators are often processed instantly once approved and the Net+ Card featuring the MasterCard logo makes accessing you cash simple and convenient.
If you recall the days of Moneybookers, which launched in 2002, you may or may not know that the company rebranded to Skrill a few years back. The brand was acquired by Optimal Payments in 2015 and offers similar fee based services as Neteller and also offers a MasterCard product.
Although the use of these services often comes with a fee, several of the basic everyday transactions are free. PaySafe Card is yet another Optimal Payments service based on stored value cards, also known as prepaid solutions.
For a listing of operators that support these as well as other payment methods, see our Banking page.