Xsolla Launches Xsolla Wallet to Empower Developers and Creators with Access to Embedded Financial Solutions and Instant Earnings

Xsolla Launches Xsolla Wallet to Empower Developers and Creators with Access to Embedded Financial Solutions and Instant Earnings

2024-03-07 23:30:50

Xsolla, a global video game commerce company, announces Xsolla Wallet, highlighting its commitment to empowering the global creator economy in the video game industry. Our mission is to provide equal access to developers, creators, and everyone in the creator economy with integrated financial solutions for the video game industry.

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(Graphic: Xsolla)

Xsolla Wallet is a revolutionary solution that offers integrated financing options designed specifically for developers and creators. The initiative helps developers overcome monetization and engagement challenges and simplifies the process of providing attractive incentives to creators. This increases the efficiency and immediacy of your earning and spending experience while ensuring global compliance.

By recognizing the complexities of managing successful global creator programs, Xsolla will help alleviate these pain points, allowing developers to focus on what they do best: creating engaging gaming experiences.

For developers: Xsolla Wallet simplifies access to integrated financial services and streamlines onboarding and compliance by integrating these essential aspects into creators’ wallet accounts.

  • Simplify incentives for creators: Tailored to lessen the complexities of breeding program management, Xsolla Wallet ensures that developers can offer attractive and compatible earnings to creators across different regions.
  • Lower compliance burdens: With integrated Know Your Customer (KYC) and tax interview services, Xsolla Wallet significantly reduces the complexity associated with global compliance, allowing developers to focus on innovation rather than administrative tasks.
  • Expand and accelerate influence: By leveraging the broad reach of the Xsolla gaming ecosystem, developers can utilize the Xsolla Partner Network (XPN) to attract, manage, and incentivize creators and influencers.

For creators: Xsolla Wallet allows creators and influencers to pay, get paid, and manage earnings, turning their content into viable sources of revenue.

  • Pay: creators will have a direct, immediate and convenient path to spend their earnings using the Xsolla Mastercard.
  • Get paid: Creators can choose an instant virtual Xsolla Mastercard, among other payment options, to allow easy and immediate access to their earnings.
  • Manage Earnings: Creators can seamlessly aggregate their platform earnings. This means creators can manage multiple revenue streams, from merchandise sales to crowdfunding, in their Xsolla wallet.

“By bringing together our expertise and integrated financial functionality from Xsolla Wallet, we bring together programmers and creators in an unparalleled financial ecosystem tailored for video games,” described David Stelzer, president of Xsolla. “Our goal is to provide equal opportunities for every developer, creator and influencer to quickly and securely access ways to monetize their work in the global creator economy.”

“As a long-time supporter of the video game community, Mastercard is excited to continue to build on our partnership with Xsolla, offering choice and value to creators and developers with the launch of the Xsolla Mastercard,” said Sherri Haymond, Vice President executive, Global Digital Partnerships at Mastercard. “Together, we are enabling seamless, convenient payments options that add tools to developer toolkits, help solve challenges for creators, and foster an inclusive gaming community for everyone.”

Xsolla Wallet is an essential component in a new set of tools that empower game developers and creators. It reflects Xsolla’s dedication to creating solutions that meet the immediate needs of content creators and foster a more supportive and productive environment for their creations through an integrated financial partnership with Paysafe and a creator card partnership with Mastercard.

“We are proud to strengthen our partnership with Xsolla to deliver value and exceed customer expectations with our payment solutions, further enhancing the gaming and payment experience for players around the world,” said Aaron Gale, Vice President of Sales and Account Management, Videogames at Paysafe. “Every gaming experience starts with a payment, and we are committed to making these transactions part of the overall experience to encourage fun and promote customer engagement and loyalty.”

For more details regarding Xsolla Wallet, visit: xsolla.pro/wallet

About Xsolla

Xsolla is a global video game commerce company with a robust and powerful suite of tools and services designed specifically for the video game industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes finance, market, launch and monetize their games globally and across multiple platforms. As an innovative leader in gaming commerce, Xsolla’s mission is to solve the complexities inherent in global distribution, marketing and monetization to help our partners reach more geographies, generate more revenue and build relationships with gamers around the world. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo and cities around the world, Xsolla supports big names in the gaming universe such as Valve, Twitch, Roblox, Epic Games , Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo and many others.

For more information and to find out more, visit: xsolla.com

About Paysafe

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive history of serving merchants and consumers in the global entertainment sectors. Its primary objective is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online money solutions. With over 20 years of experience in online payments, an annualized transactional volume of over $130 billion in 2022, and approximately 3,300 employees located in over 12 countries, Paysafe connects businesses and consumers across 100 payment types in more of 40 currencies worldwide. Delivered through an integrated platform, Paysafe solutions are aimed at mobile-initiated transactions, real-time analytics and convergence between physical and online payments. More information is available at www.paysafe.com.

The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.

Contact:

Derrick Stembridge

Global Public Relations Director, Xsolla

[email protected]

Source: BUSINESS WIRE

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