PYMNTS· PYMNTS·· 2 hours agoAI score56
Paysafe’s third-quarter revenue grew 1%, digital wallet payment volume increased just 1%, and full-year guidance was lowered
Paysafe Flags Payments Slowdown as Digital Wallets Volume Rises 1% in Q3
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AI-assisted source summary · not independently verified. Content standards
Paysafe’s third-quarter revenue was $439.6 million, up 1% year over year; digital wallet payment volume was $6.7 billion, up just 1%. Three-month active wallet users grew 14% year over year to 8.1 million, but average revenue per active user declined 11% to $26, while payment growth slowed in August and September and continued into October.
Source:PYMNTS · pymnts.com