Alternative Payment Solution: paysafecard
paysafecard is one of the leading online prepaid voucher providers in Europe. Launched in 2000 in Austria, it was acquired by Skrill Group in 2013 and became part of Paysafe Group through the Skrill acquisition in 2015. Post-acquisition, paysafecard has been integrated into the group’s prepaid division.
paysafecard allows consumers to convert cash into digital currency to pay for goods and services online, without having to provide any bank or credit card details to the merchant. Customers can purchase the digital currency in the form of prepaid vouchers with 16-digit PINs, which can be redeemed at checkout for online purchases. The prepaid voucher can be purchased for different denominations of a country’s local currency.
The vouchers are now available in 45 countries worldwide, and users can buy them through more than 600,000 sales outlets. Vouchers can also be purchased online. For instance, in Canada UseMyCard is one of the largest providers of paysafecard, while in Mexico consumers can buy paysafecard PINs online with SafetyPay. WKV.com is the official online paysafecard distributor in Germany.
The report provides information and insights into alternative payment solution paysafecard, including -
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