If you ever wanted to make payments online, then you need to read this article. In this article, we will share some information about one of the most widely used payment methods. The payment method that we will review is Paysafecard. That being said, there are several features that you need to be aware of when it comes to this. If you want to learn more information about Paysafecard.com, you have come to the right place. You’ll learn about the history, the pros and cons, the fees, and other features. That being said, we’re ready to delve deeper into the subject.
there isn’t any personal information that you will need to share
History of Paysafecard
The company that created Pay Safe Card is originally from Vienna, Austria. It was founded back in 2000 as paysafecard.com Wertkarten AG. Later it was renamed in GmbH and it was a private limited company. One of the biggest partners and “mentors” to the enterprise was IBM Austria. They provided expertise and hardware in the initial phase for this product. Later on, the next year, Paysafecard made an expansion in Germany.
The European Union gave funding to Pay Safe Card through the eTen program. This enabled the expansion in other European countries. Among them were Greece, Slovakia, Spain, Slovenia, and the United Kingdom. After this, the company received a license for issuing e-money in the European Union. In 2013, Skrill acquired Paysafecard.
How to use Paysafecard
It’s incredibly easy to use Paysafecard for making online purchases. The first step is to actually purchase a Paysafecard. There are stores all around Europe that sell these cards. Depending on your needs, you can purchase a card with value from 10 to 175 pounds. If you need to pay a bigger sum of money, then you can combine up to 10 different Paysafecards.
With the card, you will receive a 16-number PIN code. And this is all you need in order to make purchases online. There are many online stores that accept Paysafecards. However, not every single online store accepts this form of payment methods. So, you need to do some research first. This will help you learn if you will find use of having this payment product.
The safety of Pay Safe Card use
Many people have legitimate concerns when it comes to using various payment methods online. This is only too logical – as there are people that have lost money due to being scammed. So, are there any concerns when it comes to Paysafecard?
Well, the only way in which you can lose money by having a Pay Safe Card is if someone steals your PIN code. The fact of the matter is that there isn’t any personal information that you will need to share. You won’t need to share your bank account or any other sensitive financial data in order to use Paysafecard. And this makes Paysafecard a highly legitimate and safe tool for making payments online.
Also, another reason as to why you should feel safe in using Paysafecards is that they are prepaid cards. This is not a credit card, nor is Paysafecard a bank that can loan you money. So, you will only be able to spend as much money as you have on the card. You won’t be able to lose anything more than this. So, it’s almost completely safe to use Paysafecards for making payments online.
This is another important question that most people want to be answered before using Paysafecard. What are the fees that you will need to pay in order to use it? Well, for the most part, you won’t have to pay any fees in order to use this payment providers service. However, in some cases, you will need to pay some fees.
For one, the company charges a small fee for maintenance. This fee is charged during every thirteenth month and the fee is $2. Also, there is a fee that you will need to pay upon conversion of currencies. You will be able to see this fee immediately by checking the conversion rates at the moment of making the transaction. Finally, there is another fee that you will need to pay. This is the refund fee. Upon every refund that you take, you will need to pay a fee of 7,50 USD. This fee will be deduced from the refunded money.
The company behind Paysafecard also created a mobile application. It’s very easy to install this application on your mobile device and start using it. There are a few benefits to using it.
The first benefit is that you will be able to check your balance on your Paysafecard immediately. All you need to do is scan the QR code on the card or enter the 16-digit PIN. The second benefit of using the application is that you’ll be able to find the nearest Paysafecard outlets. You will immediately know if there is a store nearby where you can buy a Pay Safe Card. Also, you will be kept up-to-date on the latest offers when it comes to Paysafecard. Finally, you will be able to use the app to make payments online. However, you do need to make sure that the online store accepts the use of the app for payments.
Paysafecard is one of the most widely used online payment methods. It’s certainly used widely in the continent of Europe. It’s still a young payment platform though. This means that it’s not yet available all around the world. But as time goes by, we expect that this will change. More and more countries and online stores will begin accepting Paysafecard payments.
The lack of any fees that you’ll need to pay for the most part makes Paysafecard a great option. Don’t forget that you can also use the Paysafecards mobile application. This can make you the user of various useful options. Finally, one of the best things about Paysafecard is that it’s very safe to use it. You won’t have to worry about losing any significant sums of money by being scammed. We hope that you will enjoy using Paysafecard for making safe online payments.