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PaysafeCard (until 2024 stylized paysafecard) is part of Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS), a global payments platform. PaysafeCard is a prepaid cash-based, online payment method based on vouchers with a 16-digit PIN code.
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Nearly half of the bills paid in the US during 2013 were done via electronic bill payment. [4] Also, during 2014, nearly 48% of all online shopping in North America were made with a credit card. Globally, online payments are expected to exceed 3 trillion Euros (approx. US$3.2 trillion) in the next 5 years. [5]
There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...