Fiat-to-Crypto Withdrawal Service Now Available at Paysafe’s NETELLER

The online payments supplier NETELLER officially made public today an innovative new service within its digital wallet service. This new feature allows users to withdraw fiat currency and instantly redirect these funds into any existing cryptocurrency address.

NETELLER, a business division within the specialized payments-solution platform Paysafe (NYSE: PSFE), from now on is enabling its customers to exchange funds and instantly transfer their fiat assets over to a decentralized external crypto wallet by entering the unique address in the blockchain.

This new feature at Neteller can be accessed in a very simple and friendly manner, users only have to withdraw fiat funds and choose ‘crypto wallet’ as the new destination. The user will need to specify a wallet address on either Ethereum or Bitcoin’s blockchains.

NETELLER Goes Deeper into Crypto

This novel feature is available to NETELLER users from today in ten different countries across the globe, such as the UK, Chile, Canada and Australia among others. NETELLER is further planning to expand to more nations and to add more cryptocurrencies to the investment portfolio in the short term.

This announcement as part of NETELLER’s value proposition to its customers, comes after a similar new capability of fiat-to-crypto was launched last February within Skrill, Paysafe’s other digital wallet service.

After this big announcement NETELLER’s customers have a wider range of investment opportunities.

Jordan Stoev, head of the team responsible for Neteller and Skrill with Paysafe said, “with so much interest in the digital asset space right now we’re excited to announce this new feature for NETELLER’s cryptocurrency service, which is the latest in a series of new additions and enhancements. The new withdrawal feature saves both time and money spent on fees for our NETELLER cryptocurrency users by allowing them to move their existing fiat balance to a crypto address of their choosing.”

From now on, clients can immediately exchange over 40 fiat monetary standards, among these the Euro, US dollar, and British pounds and more, into 38 diverse digital currencies to gain interests.

These crypto assets include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and the newly available Solana (SOL) tokens.

More About NETELLER

NETELLER is a digital payment platform born in 1999 to facilitate online money transfers and online purchases from a simplified single account.

The funds can be uploaded through debit or credit cards and once within the Neteller personal balance, these can be transferred to other people or used to cover online purchases.

Additionally, in the physical world, wherever Mastercard is welcome, customers can use their Net+ card to operate. In a corporate environment, Neteller connects its clients to millions of wallet holders globally.

What Paysafe Limited Offers

The renowned specialized payments platform Paysafe Limited (“Paysafe”) found as (NYSE: PSFE) and (PSFE.WS) in the stocks market, was created to simplify financial operations among individuals and businesses.

Paysafe utilizes industry-leading payment processing and digital wallet services over an online cash robust and reliable platform.

Paysafe makes possible the connection between businesses and customers enabling 70 different payment methods over 40 different international fiat currencies.

Twenty years of experience on online payments backs up its customers’ trust. Paysafe has reported an annual operations volume of US$100 billion operated by 3,400 users in more than 12 countries in 2020.

The Paysafe online payment platform has a mobile-device oriented interface yet provides real-time analytics and graphics to assist its customers thanks to a fully integrated payment platform.

Together, these companies are making it even easier to use cryptos, and bridge the gap between the world of fiat and crypto!

For more information visit www.paysafe.com

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