Paysafe: Integrating cash into digital financial services
- Financial services are increasingly digital, but cash is still a critical element of the payments ecosystem
- The growth of digital only banks such as Monzo, Starling Bank, and N26 as legitimate challengers to high street incumbents
- Other financial product verticals such as loans, insurance, and money remittances disrupted by digital-only competitors
- The relationship between consumers and cash remains critically important to the global financial ecosystem
- Financial inclusion has been a key topic on the agenda for governments, regulators, financial services providers
- There are eCash solutions in the market to unite cash consumers with digital financial products, such as Paysafecash
