Paysafecash provides them with a safe, easy way to pay using cash, and we’re pleased to have such an alternative available to enhance our customers’ experience.” Troy Miller, Executive Vice President of Servicing Operations at Exeter Finance, commented: “We are excited to offer yet another payment option to our more than half a million customers. Whether they are buying a car to get to work or take the kids to school, Exeter Finance customers favoring cash now have the alternative of Paysafecash, which meets their payment preferences and facilitates their overall loan repayments.” Udo Müller, CEO of Paysafe’s eCash division, said: “We’re delighted to partner with Exeter Finance, which shares our commitment to promoting financial inclusion in the U.S. convenience stores, pharmacies or dollar stores that serve as Paysafecash payment points, the customer presents the barcode and completes the payment in cash. To make a loan payment, an Exeter customer simply logs-in to their account and selects Paysafecash as the payment method, generating an online barcode they either store digitally or print. These customers can make payments safely and securely online using Paysafecash, a payments solution for unbanked and underbanked consumers, or anyone who chooses to pay with cash. auto finance by offering its Paysafecash online cash, or eCash, solution as a payment method for Exeter customers.Īfter entering the American auto financing payments market in Q2 2021, Paysafecash is now available as Exeter’s newest alternative payment method and first eCash solution for the company’s 500,000+ customers. Paysafe is expanding its presence in the payments space for U.S.

– Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new partnership with Exeter Finance LLC, a leading indirect auto finance company headquartered in Irving, Texas. Please visit to learn more.Optimal and Caesars Interactive sign agreement for US market Previous Next Apr 28, 2022Įxeter customers can now make safe and secure online cash payments with Paysafecash ®

Auto Dealer Monthly named Exeter the “Top Finance Company for Dealers” in 2010, while Auto Finance News selected Exeter for its Auto Finance Excellence Award in 2011. Exeter takes pride in staffing all branch offices with local decision-makers. Building personal relationships and providing the highest level of service to dealers and customers have been key to the company’s success since its founding in 2006. Exeter partners with franchised auto dealers throughout the country to make car ownership a reality for consumers. is a specialty auto finance company based in Irving, Texas. This announcement of their sale appears as a matter of record only.Įxeter Finance Corp. acted as co-managers.Īll notes included in this securitization have been sold. Wells Fargo Securities and Citigroup acted as lead managers, while Deutsche Bank Securities and Goldman, Sachs & Co. The weighted average coupon was 2.3 percent. The four note classes carried ratings ranging from AAA/AA through BB/BB from DBRS and Standard & Poor's, respectively.

The notes were purchased by qualified institutional buyers and accredited investors in a private placement offering pursuant to Rule 144A of the Securities Act. IRVING, TEXAS – Exeter Finance Corp., a specialty auto finance company, announced the completion of its second rated term securitization, issuing $300,000,000 in notes backed by subprime automobile installment receivables.

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