Eightcap Deepens Ties with Paysafe to Deliver Embedded Trading Wallet Solution

Melbourne headquartered Eightcap, a global leader in retail derivatives trading, has strengthened its partnership with the leading payments platform Paysafe, to launch an innovative Embedded Trading Wallet solution for their shared partners and merchants in the EU later this year.

According to official press release, the new offering leverages Paysafe's digital wallet infrastructure and Eightcap's trading technology, enabling partners to provide a white-label, plug-and-play trading and payment wallet for their retail traders.

With the Embedded Trading Wallet, retail traders can access a seamless, secure and reliable trading and digital wallet solution, and engage in trading activities more conveniently.

The two companies first formed a payment partnership in 2016. In that collaboration, Paysafe provided a wide range of payment options for Eightcap global traders including digital wallets, as well as various local payment methods.

"We're delighted to be embarking on this strategic partnership with Eightcap and facilitating its embedded trading wallet solution through white labelling our products and services," commenting on the new partnership, Micah Kershner, SVP of Crypto and Digital Assets at Paysafe, said. "Embedded finance is the future, and we believe this solution will revolutionise the trader’s experience."

"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," said Patrick Murphy, Director of UK at Eightcap.

Last month, Paysafe released its financial results​ for the second quarter of 2023, showing an overall increase across all finanical metrics.