What is the Paysafecard payment system?
Paysafecard is a payment system that is distinguished by its unique system with prepaid vouchers. Users can buy Paysafecard cards with the required denomination to make payments online as conveniently and safely as possible. Importantly, there is no need to provide any credit card or bank information to make payments, as the money is pre-paid on the voucher purchased.
Since there is no need to share your personal information, gamblers or other users will not need to fear financial problems. Confidentiality and a high level of security are the two main reasons why Paysafecard is such a popular payment system around the world. Vouchers can be purchased in specialized stores or through the website to the corresponding card.
The company was founded in 2000 in Vienna when four friends joined together to create the most convenient solution for online financial transactions. When the company first emerged, it had the name Paysafecard Wertka. Over the years, the structure of the company has undergone serious changes. Today, it is one of the most widespread and recognized companies for online shopping.
The safety of the organization is facilitated by the fact that it is regulated by the UK Financial Conduct Authority (FCA) and actively cooperates with the world-famous Mastercard. In 2020, the company announced that it was expanding its collaboration by integrating its payment system with Apple Pay and Google Pay. This has greatly expanded Paysafecard’s capabilities.
The payment system is available in more than 50 countries and works in 30 currencies. It functions independently of credit cards, bank accounts, or personal information. The user simply receives a 16-digit PIN code which can be used at virtually any online store or to deposit at an online casino.
