Paysafe (NYSE: PSFE), a leading specialised payments platform which powers the payment offerings of approximately 75% of operators in the regulated US iGaming market, today announced its collaboration with mobile devops company Bitrise.
Leveraging Bitrise’s mobile development platforms, Paysafe has automated and accelerated the core mobile practices behind its digital wallets Skrill and NETELLER, which provide popular alternative payment methods for millions of users around the world.
According to a survey of 2,000 sports bettors which Paysafe conducted in December 2020, three quarters of bettors would change their payment method if it meant a faster payout. In iGaming, payments have to not only be fast, but every second of load time on an app is critical considering that users are making fluid, real-time decisions. The move to Bitrise has enabled Paysafe to automate and scale its operational processes and workflows that ultimately influence users’ in-app experience leading up to and including payments. Paysafe is now releasing updates to app stores more frequently and faster than ever before and exponentially accelerated its app build times from hours to minutes, while also decreasing the overall cost of builds by as much as half.
The collaboration with Bitrise has enabled Paysafe to eliminate the need for manual troubleshooting and understand more quickly how new pieces of code affect live apps. Working with Bitrise, Paysafe can identify issues that might interfere with the user experience before submitting releases to app stores. Importantly, Paysafe has maintained its high security standards without sacrificing speed. With Bitrise Paysafe can now automatically run a number of security tests and checks at a faster rate, which frees up developers’ time to focus on driving innovation and efficiency for its consumers.
“Paysafe runs hundreds of builds per week, resulting in thousands of build minutes on a monthly basis,” said Sujit Unni, Chief Technology Officer at Paysafe. “Bitrise has been instrumental in helping us run these builds more efficiently, increasing their overall speed and reducing maintenance efforts.”
Unni added: “At Paysafe we’re committed to attracting and retaining the best developers in the world. When investing in and retaining top-level talent, it is critical not to waste their skills on troubleshooting, waiting to test builds, or manually fixing problems. By automating our processes we’re not only increasing efficiency but also enabling our team to focus on driving innovation – both of which improve the end user experience.”
“Moving fast is the only way to succeed in iGaming. And with mobile payments accounting for nearly $132 billion of all digital payments over the last year, the payments part of the mobile process is a very expensive place to be slow.” said Barnabas Birmacher, CEO of Bitrise. “Paysafe continues to be a leader in mobile and iGaming because it has committed to automating every process possible and reserving its talent for innovation. We’re honoured that they have partnered with us to do that.”