Paysafe Accelerates Innovation with Bitrise for Faster Digital Wallets Payments
27 October 2021 - 10:56PM
Business Wire
Collaboration with Mobile Devops Company
Automates Core Mobile Processes and Performance for Paysafe’s
Digital Wallets and the iGaming Clients They Serve
Paysafe (NYSE: PSFE), a leading specialised payments platform
which powers the payment offerings of approximately 75% of
operators in the regulated US iGaming market, today announced its
collaboration with Mobile Devops company Bitrise. Leveraging
Bitrise’s mobile development platform, Paysafe has automated and
accelerated the core mobile practices behind its digital wallets
Skrill and NETELLER, which provide popular alternative payment
methods for millions of users around the world.
According to a survey of 2000 sports bettors, which Paysafe
conducted in December 2020, three quarters of bettors would change
their payment method if it meant a faster payout. In iGaming,
payments not only have to be fast, but every second of load time on
an app is critical considering that users are making fluid,
real-time decisions. The move to Bitrise has enabled Paysafe to
automate and scale the operational processes and workflows that
ultimately influence users’ in-app experience leading up to and
including payments. Paysafe is now releasing updates to app stores
more frequently and faster than ever before, and has exponentially
accelerated its app build times from hours to minutes, while also
decreasing the overall cost of builds by as much as 50%.
The collaboration with Bitrise has enabled Paysafe to eliminate
the need for manual troubleshooting. It now understands more
quickly how new pieces of code affect live apps. Working with
Bitrise, Paysafe can identify issues that might interfere with the
user experience before submitting releases to app stores.
Importantly, Paysafe has maintained its high security standards
without sacrificing speed. With Bitrise, Paysafe can now
automatically run a number of security tests and checks at a faster
rate, which frees up developers’ time to focus on driving
innovation and efficiency for its consumers.
“Paysafe runs hundreds of builds per week, resulting in
thousands of build minutes on a monthly basis,” said Sujit Unni,
Chief Technology Officer at Paysafe. “Bitrise has been instrumental
in helping us run these builds more efficiently, increasing their
overall speed and reducing maintenance efforts.”
Unni added: “At Paysafe we’re committed to attracting and
retaining the best developers in the world. When investing in and
retaining top-level talent, it is critical not to waste their
skills on troubleshooting, waiting to test builds, or manually
fixing problems. By automating our processes we’re not only
increasing efficiency but also enabling our team to focus on
driving innovation – both of which improve the end user
experience.”
“Moving fast is the only way to succeed in iGaming. And with
mobile payments accounting for nearly $132 billion of all digital
payments over the last year, the payments part of the mobile
process is a very expensive place to be slow.” said Barnabas
Birmacher, CEO of Bitrise. “Paysafe continues to be a leader in
mobile and iGaming because it has committed to automating every
process possible and reserving its talent for innovation. We’re
honoured that they have partnered with us to do that.”
###
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading
specialised payments platform. Its core purpose is to enable
businesses and consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With over 20 years of online
payment experience, an annualized transactional volume of US $100
billion in 2020, and approximately 3,400 employees located in 12+
global locations, Paysafe connects businesses and consumers across
70 payment types in over 40 currencies around the world. Delivered
through an integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments. Further
information is available at www.paysafe.com.
About Paysafe iGaming
Paysafe brings over two decades of specialized payments
experience supporting the global iGaming and sports-betting sectors
and provides operators with a comprehensive suite of traditional
and alternative payment methods through a single, streamlined API
integration. Paysafe is also a leader in digital and affiliate
marketing technology and services for iGaming operators through its
Income Access business unit.
Since the opening up of the US iGaming market in May 2018,
Paysafe has consistently stated its ambitions to be the payments
leader in the fast-growing sector, building on its leadership in
Canada and Europe. The company now supports 75% of operators in the
country with payments or marketing solutions across 17 states and
the District of Columbia. In Canada, Paysafe also has a leading
position and partners with the majority of regulated iLottery and
gaming brands.
About Bitrise
Bitrise is a Mobile DevOps company, whose CI/CD platform
is used by more than 6,000 businesses to get apps to market faster,
improve security and keep up with constantly changing mobile
requirements. Bitrise enables the world’s most sophisticated mobile
organizations, including half of all mobile unicorn startups, to
automate testing, accelerate build times, and quickly understand
how new pieces of code will affect live apps. Customers such as
Transferwise (now “WISE”), Virgin Mobile, Grindr,
Tonal, Compass, Mozilla, Philips Hue, Babbel, Marks and
Spencer, and others use Bitrise to rapidly respond to the
changing mobile landscape. Bitrise is a Y Combinator company,
headquartered in Budapest, with offices in London, San Francisco,
Boston and Osaka.
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version on businesswire.com: https://www.businesswire.com/news/home/20211027005585/en/
For further information about Paysafe, please contact: Nick Say,
Senior Manager, Corporate Communications for North America, Paysafe
T: +1-514 452-8747; E: Nick.Say@paysafe.com For further information
about Bitrise, please contact: Kieran Powell, EVP, Channel V
Media kieran.powell@channelvmedia.com
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