Paysafe accelerates delivery of cloud strategy using Microsoft Azure

Roy Aston of Paysafe

Payments platform, Paysafe, announces a new multi-year, global deal which will see Microsoft support Paysafe’s strategic move to cloud-based transaction services.

As part of the collaboration, Paysafe is leveraging Microsoft Azure’s open and flexible cloud computing platform and tools for its US payment processing and merchant services. This will enable more agile delivery methods and establish a scalable global cloud footprint for Paysafe’s Card Present transaction systems.

Paysafe’s transition of its services to Azure is set to enhance its ability to deliver solutions to merchants in a way that is highly flexible. This will enable the company to focus on new innovations to meet the needs of the rapidly evolving payments landscape with supporting infrastructure from Microsoft to help ensure the scalability and resilience of the solutions.

The agreement between Paysafe and Microsoft is the latest development in an ongoing and multi-faceted collaboration between the two companies which most recently saw Microsoft’s integration of Paysafe’s online cash solution, paysafecard, as a payment option for millions of Microsoft Store and Xbox.com customers across 22 countries. There are plans to extend the availability to more countries and the Microsoft Store on Xbox consoles during the first half of 2021.

Roy Aston, chief information officer at Paysafe, says, “Our collaboration with Microsoft has many layers, and we are delighted to announce the latest extension of this to support the transition of our payment processing services to Microsoft Azure.

Our cloud strategy is designed to enable us to innovate at pace and scale with confidence, ensuring a world-class service for our merchants and an enhanced experience for our consumers.”

“We are pleased to collaborate with Paysafe and support the company in delivering on its cloud strategy and vision,” says Trevor Nies, senior director of global payments at Microsoft. “Microsoft Azure products and services have a proven track record in enabling organisations to turn ideas into real-world, scalable and secure solutions. It is very exciting to see this play out in the way people pay and make purchases around the world.”

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

LEXI develops universal IoT platform for easing IoT experience

Posted on: December 5, 2022

Berkeley, United States – LEXI, the company behind the comprehensive IoT technologies that are transforming how both enterprises and consumers manage and automate their smart spaces, announced the LEXI IoT platform – a sizable step forward in easing the IoT experience for everyone connecting products, across apps, and across ecosystems.

Read more

CloudBees joins Amazon EC2 Spot Ready Partner program

Posted on: December 5, 2022

San Jose, United States – CloudBees, a software delivery platform for enterprises, announced that it achieved the Amazon Web Service (AWS) Service Ready program for Amazon Elastic Compute Cloud (Amazon EC2) Spot instances. This designation recognises that CloudBees and its CloudBees CI solution has demonstrated support for Amazon EC2 Spot instances.

Read more
FEATURED IoT STORIES

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more