paysafecard is a card that can be purchased in physical outlets. The online shopper receives a card/voucher - representing the value paid for - with a 16-digit PIN. At a merchant that accepts paysafecard payments, the consumer enters the PIN and the online purchase is completed.
paysafecard.com is based in Vienna with subsidiaries in London, Dusseldorf, Lucerne, New York, Mexico City and Buenos Aires, among other places. The company was founded in Austria and Germany in 2000 and is owned by the Skrill Group. The company is now present in 39 countries at over 450,000 sales outlets worldwide with its core product paysafecard. paysafecard is a prepaid online payment solution which anyone can use. No bank account or credit card is necessary. The paysafecard 16-digit PIN is all that’s needed to complete a payment transaction. paysafecard can be used at thousands of online shops. The company has become the European market leader in prepaid payment solutions with the brands: paysafecard, YUNA and Happy Schenkcard. paysafecard transactions are not applicable to chargebacks and therefore a guaranteed online payment method for merchants. paysafecard allows merchants to tap into markets where consumers are unbanked or do not have access to credit cards.