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Paysafe's Rob Gatto on Why Banking Customers Still Use Cash

By Anton Grant · 15 November 2022

Rob Gatto Paysafe
At Money20/20 Vegas, we caught up with Rob Gatto, the Chief Revenue Officer of Paysafe, to talk about their B2B and B2C operations and provide all parties with a host of payment options and capabilities. Gatto explains the miraculous increase in cash use among consumers, even with the advent of digital wallets, banking customers have utilised the new method as a connection point when distributing their money. Paysafe's wallet-as-a-service approach and digital touchpoint network allow banks and FIs to meet customers in the middle and input and output cash whenever and however they see fit - creating a homogenous system understood by businesses and individuals.

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