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FactSet Research Systems Inc. (FDS) - free report >>
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FactSet Research Systems Inc. (FDS) - free report >>
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Paysafe (PSFE) Announces Expansion of Partnership With betPARX
Paysafe Limited (PSFE - Free Report) yesterday announced that it has expanded its partnership with Pennsylvania-based gaming company, betPARX.
The move allows Paysafe to expand its user base by providing payment options for the betPARX mobile apps for users in Pennsylvania and New Jersey. Payment-related aspects of betPARX apps are expected to become simpler and faster as they use Paysafe’s easy and user-friendly deposit and cash-out options.
betPARX users in Pennsylvania and New Jersey can make fund deposits to their betPARX accounts seamlessly through Paysafe’s payment gateway. They can also fund their wagers using alternative payment solutions such as Paysafecash and Paysafecard eCash solutions, and Skrill USA digital wallet. Payouts from winnings can be transferred directly to players’ Skrill USA accounts.
Zak Cutler, CEO of North America iGaming at Paysafe, said, “We look forward to facilitating payments for betPARX and its players in both states to strengthen the two brands’ customer conversions and retention."
Paysafe shares have declined 23.6% year to date compared with 3.4% decline of the industry it belongs to and 5.3% decline of the Zacks S&P 500 composite.
Paysafe Limited Price
Paysafe Limited price | Paysafe Limited Quote
Zacks Rank and Stocks to Consider
Paysafe currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the broader Zacks Business Services sector are FactSet Research Systems Inc. (FDS - Free Report) and Cross Country Healthcare, Inc. (CCRN - Free Report) .
Cross Country Healthcare has an expected long-term earnings per share (three to five years) growth rate of 6.6%. CCRN has a trailing four-quarter earnings surprise of 41.5%, on average.
Cross Country Healthcare’s shares have surged 56% in the past year. CCRN sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
FactSet has an expected earnings growth rate of around 15.1% for the current year. FDS has a trailing four-quarter earnings surprise of 6.1%, on average.
FactSet shares have surged 42.7% in the past year. FDS has a long-term earnings growth of 10%. FDS carries a Zacks Rank #2 (Buy).