Growth in iGaming helped drive overall payment volume for Paysafe Ltd. in the June quarter as the company recorded a 5% year-over-year rise in volume in its merchant-solutions unit, to $37.3 billion. The favorable results arrived as the company has “resolved matters that have hung over the company for some time” and “returned the company to consistent growth,” said chief executive Bruce Lowthers early Thursday.

Speaking during a 35-minute call to discuss Paysafe’s second-quarter results, Lowthers hailed the role the popular Clover point-of-sale technology from Fiserv Inc. has played for his company. Paysafe’s deal for Clover, which has been in effect for at least six years, includes a working-capital offer for merchants. Paysafe has particularly focused on the Clover technology over the course of the past year. “Clover is doing exceptionally well,” said Lowthers. “Our Clover revenue is up double digits.”

Momentum like that should flow through the remainder of 2026, Paysafe’s top management said on the call. “We expect [the fourth quarter] will be the strongest quarter of the year,” said chief financial officer John Crawford, who joined Lowthers on the call. He pointed to “substantial fraud losses” that slowed the company in its first quarter, when the company was moving to a new risk-management platform.

The company sustained “a little bit of a slowdown in the same-store sales category” in the June quarter, Crawford added, “but it was in line with what we had forecasted and consistent with our expectations.” Paysafe, based in London, maintains U.S. headquarters in Jacksonville, Fla.

Sporting events in particular offered prime opportunities for Paysafe’s wagering revenue. The recent World Cup event in soccer “exceeded what we had expected,” Crawford noted, though it was “a small piece of our revenue if you look at sports betting as a whole.” Paysafe in January had forecast 19% of consumers globally planned to place their first online bet on the World Cup.

Revenue for the merchant unit increased 6% in the quarter, to $246.1 million, a robust performance compared to Paysafe’s other business segment, digital wallets, where volume inched up 1%, to $6.6 billion, with a 3% rise in revenue, to $206.6 million

For the quarter, Paysafe registered total payments volume of $43.7 billion. Revenue came to $447.4 million, up 4.5%, delivering gross profit of $243.8 million, up just over 2%.