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20 years' experience with eCash methods of payment

Paysafe’s eCash products make it possible to make cash-based payments online – easily, conveniently and securely – completely without a bank account or credit card.

20 years' experience

With the rapid growth of the internet, the field of online shopping became steadily more important in the late 1990s. However, suitable payment methods were unavailable, which became an obstacle for financial inclusion and for the development of e-commerce. This was tackled by the founders of PaysafeCard: they developed a solution for "cash on the internet" and became pioneers of online payment. Today, PaysafeCard, as one of the market leaders worldwide for eCash methods of payment on the internet, is active in 60 countries across the world and part of the leading specialised payment platform Paysafe.

Organisational structure

paysafecard.com Wertkarten GmbH operates in 60 countries with its headquarters in Vienna and branches in Dublin and London. There are also subsidiaries in Germany, the United Arab Emirates, Mexico, Argentina, Peru, Switzerland, Turkey and the USA.

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Licences

The Prepaid Services Company Limited with its headquarters in London (a subsidiary of PaysafeCard) has had an e-money licence since 2008 from the British Financial Conduct Authority (FCA) and a Mastercard® licence since 2009 to issue Mastercard® products. In addition, Paysafe Prepaid Services Limited, a sub-subsidiary of PaysafeCard with its headquarters in Dublin, has had an e-money licence since 2019 from the Central Bank of Ireland (CBI). Using these licences, electronic money and prepaid Mastercard® products can be issued in the European Union and in particular also in the UK.

paysafecard.com Schweiz GmbH is a further subsidiary of PaysafeCard and a  member of the self-regulatory organisation SRO Treuhand | Suisse. As a Swiss financial intermediary, it has been authorised since 2008 to issue and sell the products PaysafeCard, PaysafeCard account, Paysafecash and YUNA2GO in Switzerland and for the sale of these products in all those countries where there are no licence provisions. This includes Australia, New Zealand, Canada, Kuwait, Mexico, Moldova, Paraguay, Peru, Saudi Arabia, the United Arab Emirates and Uruguay.

Paysafecard thereby complies with substantial requirements and guidelines, which is also regularly checked.

Awards

PaysafeCard has been given numerous awards over the years:

Year

Awards

2009

Paybefore Awards "Best Prepaid Company Outside USA"

2009

Prepaid Awards "Leading Prepaid Organisation 2009"

2010

Paybefore Awards "Best Network Branded Gift Program"

2011

IAB – Web AD Bronze Award "Beste Werbe Strategie"

2012

Paybefore Awards Europe "Most Innovative Prepaid Solution"

2012

Paybefore Awards "Best Digital Currency"

2012

2012 Paiements Innovants "Trophée Publi News 2012"

2013

Paybefore Awards "Best virtual or digital Program"

2013

Paybefore Awards Europe "Best Consumer Value"

2013

Prepaid Awards France "Meilleur programme numérique dematerialize"

2014

The New Economy 2013 Innovation 40

2014

Austrian Leading Companies: 3rd Place Big Player in Vienna

2014

Paybefore Awards "Top Digital Dollars"

2014

Paybefore Awards Europe "Consumer Champion"

2014

Banking IT-Innovation

2015

Paybefore Awards Europe "Consumer Value"

2015

EGR B2B Awards "Mobile Payments Solution"

2015

Paybefore Awards "Consumer Value"

2015

Finalist Best of Mobile Awards "Finance"

2015

Austrian Leading Companies: 1st Place Big Player in Vienna

2016

Austrian Leading Companies: 3rd Place Big Player in Vienna

2016

Pay Award "Best Online or Mobile Commerce Solution"

2016

EGR Italy Award "Payments & Fraud Company of the Year"

2017

Austrian Leading Companies: 1st Place Big Player in Vienna

2017

Premios eGaming Spain "Best Service Provider"

2017

Digital Identity Award “Most Effective Partnership“

2018

Great Place to Work Award: Top 10 "Beste Arbeitgeber Österreichs" bis 250 Mitarbeiter

2018

Great Place to Work Award: Regional Award "einer der Besten Wiener Arbeitgeber 2018"

2018

Austrian Leading Companies: 2nd Place Big Player in Vienna

2018

Great Place to Work Award: 1st Place "Neue Arbeitswelt & Lebensqualität"

2019

Austrian Leading Companies: 2nd Place Best International Companies

2021

Freundin/kununu: Top 15 “Most family-friendly employer in Austria”

2021

Austrian Leading Companies: 2nd Place Best International Companies

2021

Hermes Wirtschaftspreis - 1st Place "Service Provider"