Paysafe offers a wide range of specialised payment services that enable businesses and consumers to make online and instore payments. It offers digital wallets, payment processing, card issuing and online cash services. Its Skrill digital wallet recently dropped fees for business clients supporting communities affected by the coronavirus, and for anyone transferring money to Italy. In 2017 it was delisted from the London Stock Exchange by American private equity firms Blackstone and CVC Capital Partners after a £3bn takeover deal. Last year, Philip McHugh, 48, was appointed chief executive.