PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Former Santander and Amazon Executive Brings Additional Digital Payments Experience to the Paysafe Leadership Team

PaymentsJournal by PaymentsJournal
August 10, 2021
in Banking, Digital Banking, Partnerships, Press Releases
0
Santander Amazon Digital Payments Experience Paysafe Leadership Team, online bill pay

Former Santander and Amazon Executive Brings Additional Digital Payments Experience to the Paysafe Leadership Team

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

London, UK – Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced it has appointed international payments executive, Chirag Patel, as CEO of its global Digital Wallets business.  Patel will report directly into Group CEO, Philip McHugh, when he joins the company in early September.

Paysafe’s digital wallet solutions, which include Skrill and NETELLER, enable consumers to store, withdraw and make purchases in over 40 currencies from a virtual account as well as buy and sell interests in cryptocurrency and make international money transfers.   They are used by 3.5 million consumers around the world and generated $20.4 billion total payment volume in 2020.

Patel brings over 20 years’ experience of working in payments for high profile, global organisations.  He joins Paysafe from Santander Group where he was Global Head of Payments.  While there, he launched a global payments platform and significantly increased usage of the bank’s payments products and services.  Before Santander, Patel was Amazon’s Head of Payments, Europe and International Expansion, where he was responsible for the company’s product roadmap for emerging payments technologies and international payment expansion.  Before Amazon, he held senior executive roles in payments and financial services for other well-known financial institutions including Softcard (acquired by Google), American Express Services Europe Limited and Merchant Services Group Int.

Philip McHugh, Paysafe’s CEO, commented: “Chirag has an awesome track record as a high-performing payments’ executive and has successfully launched and grown multiple consumer-facing and B2B payments products and services around the world.  I’m thrilled to have someone of his caliber and energy-level to take our Digital Wallets business to the next level of growth.”

Chirag Patel commented: “I am really looking forward to joining the Paysafe team next month and to be given the opportunity to lead its exciting Digital Wallets business.  I believe there is enormous potential to extend the offering to more and more customers given Skrill and NETELLER’s worldwide presence, combined with Paysafe’s great technology and talented team.”

Patel replaces former Digital Wallets CEO, Lorenzo Pellegrino, who is stepping into a strategic advisory role for Skrill Limited.

McHugh added: “I’d like to add my sincere thanks to Lorenzo for the immense passion and drive he has shown over the past 15 years as he launched our digital wallet solutions around the world.  We now offer two of the most popular and sophisticated digital wallet brands on the planet and have strong foundations to continue building on as we grow the business.”

Tags: AmazonDigital PaymentsDigital WalletspaysafePress ReleaseSantander
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    live shopping, ebay

    Q&A: eBay Exec on Live Shopping and the Future of Payments

    March 24, 2023
    AI and Biometrics in Regulatory Compliance in Finance

    The Importance of AI and Biometrics in Regulatory Compliance in Finance

    March 23, 2023
    Everyone Benefits from the Real-Time Payment Networks  

    Everyone Benefits from the Real-Time Payment Networks  

    March 22, 2023
    commercial payments

    Optimizing Commercial Payments in the Digital Age

    March 21, 2023
    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023
    visa chargeback

    New Visa Chargeback Guidelines Will Be a Game Changer

    March 15, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Payoneer eBook: