Paysafe Partners with Celero Commerce for US Payments Market

On February 27, 2020, Paysafe announced a partnership with Celero Commerce to strengthen its position in the US payments market. Celero Commerce operates a merchant services platform serving small and mid-sized businesses across the United States. The partnership enables Paysafe to distribute its payment processing solutions through Celero's established merchant network, expanding its reach to US-based businesses.

Celero contributes its merchant acquisition capabilities and integrated commerce platform, while Paysafe brings its payment processing technology and gateway infrastructure. The collaboration is designed to offer merchants streamlined payment acceptance and processing services. Financial terms of the partnership were not disclosed.

The deal reflects the broader trend of payments companies forming distribution partnerships to embed payment capabilities into existing merchant platforms. The partnership positions both companies to compete more effectively in the fragmented US merchant payments landscape.