Paysafe Share Discussion Threads

[wolfhound1] 07/10/2016 12:11

That would just smack of desperation at this stage and lack credibility - and likely to exaserbate a short squeeze ...... not sure if the risk manager at their brokers would authorise a doubling of the trading limit for AEK without some serious collateral - and lots of it

.....and then maybe take the opposite side of the trade and buy stock in the open market - funded by the initial margin provided.....kerching !!

[trentendboy] 07/10/2016 11:37

They will need to increase the short dramatically if they want to move the price.

Interesting times

[wolfhound1] 07/10/2016 11:33

Agreed - it looks increasingly likely that the GS announcement and the short are related via CFD - if so I suspect GS risk managers will be looking at this trade and suggesting that AEK ponies up another 10% initial margin or they will close the trade - a cool £7mn !! Ouch

[eh9] 07/10/2016 10:01

Personally I think the shorters are likely to be super crushed by the fx move which is massively in favour of longs.

[pshevlin] 07/10/2016 09:58

FCA now has that at 2.9 wolfhound.It's almost impossible to find out who these people are. Anyone know?

[trentendboy] 07/10/2016 09:47

On the plus side they will have to cover at some point.

[wolfhound1] 07/10/2016 09:47

@sphere25 - the short as reported on that website looks overstated. FSA as official source as it still at 2.79% as at the 5th Oct

[trentendboy] 07/10/2016 09:46

I wonder what the AEK motivation is.

[sphere25] 07/10/2016 09:28

AEK aggressively shorting PAYS, up to almost 3% of the stock now.



Question is: what have they spotted that the market hasn't?

[aspex] 07/10/2016 08:08

The drop of the pound should send Paysafe skywards.

[nurdin] 06/10/2016 19:41

Didnt read to the end....yes interesting

[eh9] 06/10/2016 18:55

Expanding into travel

[wolfhound1] 06/10/2016 17:27

Also becomes interesting for the store in that it can start to extend credit lines to its best customers - and set the credit limits !!

[eh9] 06/10/2016 16:37

Kohl's Pay is akin to Wal-Mart Stores Inc.'s Walmart Pay. Both eschew a third-party wallet model in efforts to capture as much transaction data from their consumers as possible. There may be cost savings, too, in the case of Kohl's Pay, which does not permit branded cards. A Kohl's executive was unavailable for comment."The end game for Kohl's is to move payments, loyalty and rewards into a more tightly integrated environment," Jordan McKee, Boston-based senior analyst for mobile payments at 451 Research, tells Digital Transactions News via email. "In doing so, it will have created a platform to deliver personalized and contextually relevant information and offers to its shoppers, affording it greater control over the customer experience."The Kohl's Charge exclusivity is understandable, McKee says, because nearly two-thirds of the retailer's transactions can be attributed to the payment option. "The private-label-only proposition ensures Kohl's maintains low processing costs and more ownership over customer data," he says. "Kohl's also presumably sees its wallet as a tool that will be primarily utilized by its most loyal shoppers-those likely already in possession of its private-label card."This foundation of users may aid Kohl's Pay adoption. "Kohl's is the latest retailer jumping into the mobile-wallet fray, and unlike many of its peers, it has an impressive foundation to start from," McKee says.Such a high penetration of Kohl's Charge users, coupled with the 14 million app downloads, will ignite adoption of Kohl's Pay, predicts Richard Crone, principal at San Carlos, Calif.-based Crone Consulting LLC."They are trying to embed payments into the customer experience," Crone says, "not make it a separate experience." In effect, when a consumer uses the Kohl's app the payment will be a byproduct of the experience, he says. "It's not just about the payment, but improving the in-store experience."

[alexytrader] 06/10/2016 16:17

Bit confused is paysafe payment processor for kohl mobile wallets or not. Seems based on explanations below that kohl will require adding there own credit cards to wallet, yet also there was comment that pays would be at half the cost of processing a card payment. Agree sure there would be opportunity out there but having Kohl as a soft launch would have been good.

[wolfhound1] 06/10/2016 14:13

@ralph - I think we are probably talking at cross purposes - by back end I don't mean the POS machine, bar code scanner software, cloud hosting and the phone app ( all technology and clearly in IBM space) .... where I see the real back end is the piece where PAYS digital wallet provides the operational and risk managment piece, plus you need to be a regulated entity to process cash payments (you will recall Skrill acqn had to be approved by the US and UK payment regulatory authorities for just this reason).

as EH9 noted - these other folks don't want to "handle the money" - that is where PAYS fits in as a white label provider with its digital wallet.

An analogy from the car industry would be Motorola - they provide alot of the components behind the dashboard of a car - yet the badge on the car is Mercedes, BMW, Audi, Skoda, VW, Ford, Cryster, etc......

[eh9] 06/10/2016 14:05

Remember also that they already do processing for desjardines one of biggest retailers in Canada

[melf] 06/10/2016 14:00

Just to clarify - see the excerpt from the half year report below, where it's quite clear that the white label offering is intended for large retailers and the branded mobile ordering platform for small to medium-sized retailers:

"As an example of mobile innovation and drawing on the Group's FANS Entertainment mobile e-commerce platform developer and integrator team, Paysafe will shortly launch a new white-label mobile ordering technology for larger merchants and businesses as well as a new branded mobile ordering platform for small to medium-sized enterprises. A soft launch of the new ordering platforms is scheduled for H2 2016. The payment technology innovations are designed to provide a real-time channel for merchants, and particularly small to medium-sized businesses to secure higher revenues, increased operational efficiency, enhanced loyalty and customer retention as well as customised solutions and better insights into their customers' existing and future needs."

[eh9] 06/10/2016 12:37

I think ibm is behind much of paysafe's wallet technology already but most importantly is one of the largest retailer systems vendors. I agree if paysafe not processing the payments for Kohls app and wallet it most surely will have lots of demand to replicate but 1) there is also something bigger reading through the lines that this is going to be a cross industry branding so that customers do not need a separate app for each retailer and 2) paysafe is ideally placed to provide the wallets for loyalty points integration and 3) paysafe is talking about 50% lower cost which suggests wallet and bank direct payment avoiding credit card fees for the retailer (skrill announced the rapid transfer a couple of weeks ago which is clearly also part of the jigsaw rebranded for this new retailer wallet/mobile payments platform)

[ralphmalph] 06/10/2016 12:05

Also my point is not entirely negative. The big retailers will go for a semi customised solution from the big players. What PAYS needs to do is say to all the medium players "You too can have a Kohls Solution" here it is Paysafe white label does exactly the same, sign here please and we will drop it in.

There is still a very large incremental revenue oppourtunity.

[ralphmalph] 06/10/2016 12:03

@wolf - But my point is IBM seem to have all the backend and so do not need PAYS.

[wolfhound1] 06/10/2016 11:50

Correct ralphmalph - the hard bit is the backend - for that you need expertise in managing client balance, billing, interest application, etc.....

That would be where PAYS would step in - they provide the digital wallet - IBM app links to PAYS digital wallet and functionality at the backend - retailer like Kohl then places its brand on the top - average punter won't even know it is IBM or PAYS in the GUI or engine room - the beauty of a white label product

[nurdin] 06/10/2016 11:40

"The company is investing heavily in pure digital tech, particularly around mobile and customer loyalty, with the Kohl’s app having now been downloaded by north of 13.5 million users. What’s interesting here is that the app brings with it digital wallet capabilities that mean that customers can pay for purchases with Kohl’s Charge and simultaneously earn Yes2You Rewards loyalty points with a single tap using Apple Pay.

Kohl’s reckons this makes it the the first retailer to be able to deliver a one-tap checkout that integrates both its private credit card as a form of payment and successful loyalty program with Apple Pay."

[ralphmalph] 06/10/2016 11:19

Just for some reality, unless this is Paysafe based

hxxp://www-03.ibm.com/software/products/en/payments-gateway

There is zero chance of Kohls being based on Paysafe technology.

The app is simple, it is the back end that is the hard part.