iPayment Rebrands as Paysafe Following Acquisition

iPayment, a US-focused payment processing company, completed its rebrand to Paysafe on August 15, 2018, consolidating under the Paysafe Group brand following its acquisition. The move brought iPayment's merchant acquiring and payment services under the same umbrella as Paysafe's global digital payments, prepaid, and online cash solutions. Paysafe's broader ecosystem notably includes partnerships with fintech infrastructure providers such as viafintech and Solarisbank for deposit and withdrawal infrastructure, though the specific launch timing of those integrations was not confirmed for August 2018.

The rebrand positioned Paysafe as a more unified global payments platform. Financial terms of the original acquisition were not reiterated in the announcement. The consolidation reflects a broader trend of payments companies scaling through M&A to compete in an increasingly embedded finance landscape.