Total revenue came to $377.4m, an increase of 4.9% compared to the first quarter of 2020. Paysafe credited this to growth across its eCash platform, which grew 63.3% in revenue year on year.
Paysafe’s Integrated Processing and Digital Wallet software revenue dropped by 4.9% and 12.5% respectively, while $7.3m of revenue was canceled out through intersegment eliminations.
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