Chirag Patel Joins Paysafe as CEO to Lead Digital Wallets Division

​The leading specialized payments platform Paysafe announced today that it has appointed former Santander and Amazon executive Chirag Patel as CEO for its global Digital Wallets business, effective early September.

Patel takes over the position of Lorenzo Pellegrino, who is stepping into a strategic advisory role for Skrill Limited. In his new role, he will report directly into Paysafe CEO, Philip McHugh.

Patel brings over 20 years’ experience of working in payments for high profile, global organisations. He joins Paysafe from Santander Group where he was Global Head of Payments, and launched a global payments platform and significantly increased usage of the bank’s payments products and services. Before Santander, Patel was Amazon’s Head of Payments, Europe and International Expansion, where he was responsible for the company’s product roadmap for emerging payments technologies and international payment expansion. Prior to that, he held senior executive roles in payments and financial services for other well-known financial institutions including Softcard (acquired by Google), American Express Services Europe Limited and Merchant Services Group Int. 

First launched in 1999, Paysafe’s proprietary digital wallet solutions including Skrill and NETELLER which enable consumers to store, withdraw and make purchases in over 40 currencies from a virtual account as well as buy and sell interests in cryptocurrency and make international money transfers. 

Earlier in August, Fazzao reported that Paysafe has entered into a definitive agreement to acquire​ PagoEfectivo, a popular Peruvian alternative payments (APM) platform.