Since its launch in 2000, paysafecard has made it possible for people to pay online as safely as paying in cash. With the expansion, paysafecard is now available internationally and today is one of the world's market leaders for prepaid solutions and part of Paysafe Holdings UK Limited.
2000 - 2007: The early years
2000-2001: paysafecard launches in Austria and Germany
In 2000, four Austrians developed "cash for the internet" and launched it under the name paysafecard. paysafecard is purchased at sales outlets and used to pay by entering a printed 16-digit PIN in an online shop. Only one year after its founding, paysafecard also launched in Germany.