Paysafe : Binance Reopens EUR Bank Transfer via SEPA through Paysafe partnership

Jan 26, 2022

[This is a republished version of an announcement issued by Binance and originally issued: here]

January 26^th, 2022. London, UK -Binance has partnered with Paysafe (NYSE: PSFE), a leading specialized payments platform, to launch the pilot program for EUR Deposit and Withdrawal via the SEPA payment network, effective 2022-01-26 13:00 (UTC).

Users are selected based on a range of testing criteria to participate in the pilot program. The full re-opening of SEPA channels will scale up across the markets in due course.

Users will be able to perform EUR transactions on Binance by following the guides below:

Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence. Purchasing crypto assets may not be covered by financial ombudsman services or subject to protection under financial services compensation schemes (or similar services or schemes) in your country of residence.

See original announcement: https://www.binance.com/en/support/announcement/6bd5763ecaa04a4a87b2ef0053842207

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About Paysafe Limited

Paysafe Limited ("Paysafe") (NYSE: PSFE) (PSFE.WS) is a leading specialized 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 U.S. $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.

The assets, liabilities, and results of operations of Skrill USA are consolidated in Paysafe Limited's consolidated financial statements; however, Paysafe Limited has no direct equity ownership in Skrill USA.

Further information is available at www.paysafe.com.

For further information, please contact:
Kate Aldridge, SVP Corporate Communications and Content, Paysafe

T: [phone]; E: [e-mail]