Paysafe Teams Up With CMC Markets To Let Traders Use Skrill And Neteller For Faster Payments

Paysafe (NYSE:PSFE), a leading payments platform, today announced its new partnership with CMC Markets (LSE: CMCX), a global provider of online trading and investment services. The partnership sees CMC Markets broaden its range of payment options for traders in the European Economic Area (EEA), south-east Asia, the Middle East and other global markets1 (currently excluding the UK and US), with Paysafe's Skrill and Neteller becoming the online trading broker's first digital wallets and alternative payment methods (APMs) in these markets.

Whether trading forex, commodities, shares, indices or treasuries, CMC customers can use Skrill or Neteller to fund their trading accounts seamlessly and securely. The digital wallets, both of which were launched more than 20 years ago and boast a longstanding history serving the forex and financial trading industry, will allow CMC customers to benefit from rapid payment solutions that have been developed with traders in mind.

As well as funding their CMC accounts, traders can use Skrill and Neteller to make withdrawals with no delays. Once a trader moves money to either Paysafe digital wallet, they can then withdraw it to their bank account, card or another APM, or use it to fund new trading positions with CMC.

With Skrill and Neteller available in 130 countries, Paysafe's partnership with CMC is expected to expand into other regions, including Latin America, as well as involve additional Paysafe APMs.