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 | |
| Company type | Public |
|---|---|
| Industry | Online payments |
| Founded | 2000 |
| Headquarters | Am Europlatz 5 1120 Vienna, Austria |
Key people | Bruce Lowthers (CEO & Executive Director)[1] |
| Products | Electronic money |
| Revenue | US $1.496 billion (Paysafe’s FY 2022 revenue)[2] |
Number of employees | Paysafe has 3,300 employees |
| Parent | Paysafe |
| Website | www |
PaysafeCard (until 2024 stylized paysafecard) is part of Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS), a global payments platform. PaysafeCard is a prepaid cash-based, online payment method based on vouchers with a 16-digit PIN code. The vouchers can be used to fund online transactions without a bank account, credit card, or other personal information.
Users can purchase vouchers at local sales outlets or online via their myPaysafe account and entering the code at the checkout of the respective website (e.g. an online gaming provider). PaysafeCard codes can only be used at authorised online shops and should not be shared on marketplaces, by mail or telephone.
As of 2024 PaysafeCard is available in approximately 50 countries with scope of services and partner webshops varying by country. In most countries, a personal account called myPaysafe is available for uploading codes and managing balances.
paysafecard started in Austria in 2000 as a company in its own right. Two former competitors, Dutch Wallie and British Ukash, were acquired by paysafecard. In 2013, paysafecard was acquired by the digital wallet provider Skrill. In 2015 the Skrill Group was acquired by the Optimal Payments Group, a global online payment processing provider regulated in the United Kingdom. Optimal Payments subsequently rebranded as Paysafe.[3][4] paysafecard continued to be a subsidiary brand of the Paysafe Group in its own right, alongside others like the digital wallets Skrill and Neteller.[5] In 2024, stylization of the prepaid product changed to PaysafeCard.
- ^ Aldrige, Kate (2022-04-07). "Paysafe announces new CEO". Paysafe. Retrieved 2023-05-24.
- ^ "Paysafe 2022 regulatory filings" (PDF).
- ^ Leibovitch, Daniel (12 November 2015). "Optimal Payments Rebrands as Paysafe". cardnotpresent.com. Retrieved 26 January 2018.
- ^ "Paysafecard – Details & Information". ewallet-optimizer.com. Retrieved 11 February 2018.
- ^ "Welcome to Paysafe Group". paysafe.com. Retrieved 22 June 2018.