Paysafe Limited has broadened its partnership with cloud‑gaming provider Boosteroid, allowing Brazilian gamers to purchase subscriptions through Pix bank transfers and Boleto Bancário via Paysafe’s SafetyPay solution. The move adds two of Brazil’s most popular local payment methods—Pix, an instant payment system used by 76.4% of Brazilians, and Boleto, a voucher‑based cash payment option—to Boosteroid’s checkout flow.
The expansion is part of Paysafe’s strategy to deepen its digital wallet presence in Brazil, where the company recently secured a payment institution license from the Central Bank. Pix’s instant transfer capability and Boleto’s reach among cash‑oriented consumers give Boosteroid a broader payment basket, potentially increasing subscription revenue for both firms.
Paysafe’s Q3 2025 earnings, released on November 13, missed expectations, reporting revenue of $433.8 million—a 2% year‑over‑year increase—and a net loss of $87.7 million. Earnings per share of $0.70 fell short of the consensus estimate of $0.73, largely due to a significant non‑cash tax expense and restructuring costs. Management highlighted the need for continued cost discipline while launching new product initiatives.
The partnership expansion is a key element of Paysafe’s effort to diversify revenue streams and mitigate earnings volatility. By adding Pix and Boleto, Boosteroid can tap a larger segment of the Brazilian gaming market, while Paysafe gains a stronger foothold in a high‑growth emerging market. The move aligns with Paysafe’s broader focus on cost control and strategic investments in high‑return verticals.
Analysts noted the earnings miss and the partnership expansion as a positive step toward expanding market share, but the overall outlook remains cautious due to the net loss and restructuring costs. Consensus estimates for the quarter’s EPS were $0.73, underscoring the significance of the earnings miss.
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