Honest and transparent review about Paysafe - Anonymous employee Paysafe Employee Review

3.0
28 Oct 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company to start your career. Great human people, it does feel like a family. Great office. Good learning curve for the first months in the payment industry. Work life balance is great, but it depends. Respectable and good *starting* salary. Good social life and lots of events. Try to run like a start up. No micromanagement. Communication between departments is getting better. You will enjoy working. Flexible work environment. Good perks. I didn't felt like a number.

Cons

Sales lead this company, not engineering/product. This company is doomed if they don’t make a drastic switch in the way they operate. Too much acquisition without focusing on fixing the core product or making the internal tools adequate. Lack of talented resources and mentors. Terrible QA. Features or new products push takes forever. Way to many DevOps, it's just crazy. Legacy tech stack. Unreliable infrastructure. People take on many hats without really knowing what they do and should focus/improve on what they should be doing. All the cool tech stuff is handled by 3rd parties and external teams. Not a meritocracy. You will never ever grow if you stay, never. You will never get a raise. Too much stupid and inefficient process due to lack of automation. People still work the same way they used to do 15 years ago and don’t know the best practices, tools or make any efforts to learn something new. They value hard work instead of working smarter. Re-branded the company (2-3 times) to hide many problems in my opinion. They could have invested this more intelligently. Low hiring standards. Not disruptive or innovative. Don’t trust any words your manager say, they don’t have any power at all and they can not keep any promises. Failed promises over and over. Way too much project/product managers with no tech experience. A lot of talkers but not a lot of doers. Clear cases of favoritism, nepotism. Smart people are leaving the company. Sinking ship. HR is a police, and a little bit to hardcore on promoting it. Inefficient meetings.

Explore other reviews about Paysafe

5.0
7 Apr 2026
Recommend
CEO approval
Business outlook

Pros

I recently joined the Paysafe team. My experience has been very positive. The onboarding process was well organized, informative and smooth from the start. The team has been super welcoming and supportive. It is clear that the company values its employees and creates and environment where new team members feel comfortable, included and motivated to succeed.

Cons

As a new employee, there is naturally a lot of information to absorb during the onboarding process, but the support provided has made it manageable and encouraging.

2.0
7 Apr 2026
Recommend
CEO approval
Business outlook

Pros

• The company offers some flexibility with remote/hybrid work options in certain teams. • Exposure to fintech and payment processing technology can be interesting for those new to the industry. • Decent health benefits and standard PTO in many locations.

Cons

• For the third consecutive year, the company has failed to pay out performance bonuses despite meeting or exceeding individual and team targets. It seems that they set very high budgets deliberately so no variable pay is paid. This has significantly impacted morale and trust in leadership. • Compensation overall feels below market rate for the skills required, especially when bonuses (which were promised as part of the total package) are consistently withheld. • Frequent reorganizations and shifting priorities create uncertainty and make it difficult to plan long-term. • Communication from senior leadership about financial performance and bonus decisions has been poor and lacks transparency. • They constantly lay off people to make up for losses in revenue.

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