Paysafe Holdings UK Limited is a subsidy of the PaySafe Card Group and it’s operated by Prepaid Services Company Ltd which is based in Vienna, Austria. The company provides a unique payment method, which is used by millions of people from 44 countries across the world. Paysafe Cards is present in all European countries and is widely accepted as payment method in retail outlets. The company is regulated by the Financial Conduct Authority (FCA) which has granted it the power to issue e-money, under the UK Electronic Money Regulations 2011. The company was originally owned and managed by Optimal Payments Group, which was renamed as PaySafe Group in mid-2015. It is the parent company of both Skrill and Neteller and continues to run the three companies under separate brand names. See a full list of all the newest PaySafe Casinos below.
Advantages: + Anonymous transactions + Tangible and safe from online hacking + Simple to use + No bank account needed Disadvantages: – Expensive Transactions, 7.5% – The 16-digit code be physically stolen
Company Name: Paysafe Group Plc. Slogan: Online Payments for Everyone as Simple and Safe as Cash E-mail: [email protected] Website: www.paysafecard.com Supervised by: – Transaction Time: Instant Min Transaction: 10 $/£/€ Deposit Fee: 0 $/£/€
A different way of money transfer PaySafe Card provides a unique way of transferring money through Prepaid Vouchers each of which comes with a 16-digit code. This code can be used at various retail stores, online market places, or you can simply share the code with someone you need to pay. Its overall simplicity makes it one of the top products in online funds transfers. It’s available as tickets with 16-digit codes, in the denomination of £/€/$ 10, 25, 50, 75 or 100. At special PayPoint locations, you can get can get bigger denomination of £/€/$ 125, 150, 175. Paysafe cards guarantee full discreetness and you don’t have to worry about sharing your bank details, credit card number or even your email id. All you need to complete a payment is to get the code in the Paysafe card, which can physically be bought at any retail store near you. The safety of Paysafe cards is yet another big advantage, as it can’t be hacked over the internet.
Starting in Central Europe Paysafe was founded in 2000 by Hannes Androsch with the help of IBM Austria. It started in Vienna, Austria which is also its current headquarters. The company first operated as a national digital-currency but it started expanding in 2008 after getting the Financial Services Authority license, which empowered it to access the European markets. A year later, in 2009, PaySafe Cards were available in non-European markets like Argentina, followed by America, Canada, Saudi Arabia, Australia and New Zealand. As of now, the company operates in 44 countries across the world.
Part of the huge PaySafe Group PaySafe is currently under the aegis PaySafe Group after a long journey of acquisitions and take over that have spanned over a decade. The original group of PaySafe cards first merged with its Dutch counterpart, Wallie in August 2011. Two years later, PaySafe was acquired by a British digital currency provider, Skrill. The $160 million deal saw a major rebranding of the PaySafe group but its key product remained the same. Skrill allowed PaySafe to work as a separate entity. In the winter of 2014, Skrill bought Ukash and merged it with PaySafe, to expand its product into the UK market. Finally, in 2015, in a major shake over in the online payment industry, Skrill merged with its competitor, Neteller. Optimal Payments Group dissolved in the rebranding process, and the PaySafe Group emerged as the mother institution of Skrill, Neteller and Paysafe Cards.
Now also with e-wallet PaySafe has recently forayed into the e-wallet industry, where its sister companies Skrill and Neteller operates. My Paysafecard, the e-wallet of the of PaySafe, can only be credited with a PaySafe card, but using the e-wallet carries a lot of benefits. With an e-wallet, you can use an integer to make payments and you can keep the balance in your wallet. However, you will have to reveal your real name, address, phone number, etc. while registering for this app, which takes away the biggest selling point of PaySafe cards, i.e anonymity. PaySafe has also introduced My PLUS program, which is basically a loyalty program, through which it rewards it e-wallets users with loyalty points, which can be used to buy online merchandise.
Using PaySafeCard at New Casinos
Online Casinos are not exactly the place where you want to do card or bank transfers. Anonymity is a big factor and only a few gateways provide zero-identity deposits. PaySafe Cards is one such payment method, which is simple to use and totally discreet. First, you have to buy a PaySafe card from the nearest retailer. Then, simply find the casinos which accept PaySafe Cards and go to the deposit section after completing the registration process. After you fill in the deposit details, select PaySafe Cards as the payment gateway, which will be redirected to PaySafe’s server where you need to simply enter the 16-digit code on the PaySafe card. The amount is automatically detected and credited to your account, as soon as you finalize the payment. To make payments through your PaySafe online wallet, you have to log into your account with your username and password and complete the payment string.
If you don’t use your PaySafe Card e-wallet for more than 12 months, you will be charged £/€/$ 2 a month, from the 13th month. If you want a refund on your PaySafe code, you will be charged a flat £/€/$ 7.50 for every refund. Transaction charges are charged from retailers (online casinos), so you, a casino player, don’t need to worry about it.