Press releases

paysafecard now available at cash machines

  • Europe's leading online payment method provider partners with Spanish bank Caixa Galicia.
  • Voucher is first in the world to be distributed via cash machines.
  • Solution made available through Spanish processing partner TelePay.

London/Vienna 3rd July 2009 - Europe's leading online payment method provider paysafecard has teamed up with the Spanish bank Caixa Galicia and the Spanish processing partner TelePay to widen its distribution channels. This unique, pioneering service enables customers to purchase the prepaid voucher for the Internet at any of the bank's cash machines. The process is as easy as withdrawing money, making it a safe and convenient option available 24/7.

"Our partnership with Caixa Galicia and TelePay is another milestone in the history of paysafecard," says Michael Mueller, CEO of paysafecard group. "We are proud to be the first online payment method provider offering its customers to purchase their vouchers at an ATM. We believe that this step will have a tremendous influence on the market and we see a huge potential for this distribution form as it is specifically designed for the customer's convenience," explains Mueller.

Now reaching 20 countries, paysafecard is the leading online prepaid payment solution enabling web-shoppers to make purchases on the Internet in a matter of seconds, without disclosing bank details or personal data.

About paysafecard: Over the past nine years, paysafecard have established themselves as Europe's favourite safe and easy-to-use alternative prepaid payment method for e-commerce. It is available in 20 countries worldwide. The smart payment solution is designed for users who don't have a credit or debit card or who don't want to use their credit card for online purchases and other micro payments on the Internet. Users simply authorize a payment by entering a PIN code, similar to the system used with prepaid phone cards. Thousands of e-businesses are benefiting from new customers by offering this safe and uncomplicated payment solution. paysafecard is available in € 10, € 25, € 50 and € 100 e-vouchers at more than 230,000 outlets across Europe and South America. In March 2009 the group was awarded ‘Best Prepaid Company outside the USA' by the global prepaid industry publication Paybefore. For more information, please visit www.paysafecard.com

About TelePay: Telepay is a privately owned company offering solution for the commercialization of prepaid products through innovative and secure distribution channels. TelePay was founded in Spain in 2004 and is managed by a team with more than 15 years of experience in alternative payment methods and secure and electronic distribution.

Prepaid Services Company Ltd. is regulated by the Financial Services Authority (FSA) in the UK and is authorised to issue electronic money (Register number: 900021). The register of the Financial Services Authority can be found at www.fsa.gov.uk.