Prepaid online cash payment solution paysafecard has announced a new partnership with global electronic giant Samsung.
Paysafe’s prepaid solution will now be available to customers as a payment method in the Galaxy Store, to buy apps for Samsung smartphones or make in-app purchases.
Commenting on the collaboration, Udo Müller, CEO, paysafecard, noted: “By working with Samsung, we are bringing cash-based payments to millions of additional consumers.
“With hundreds of paysafecard transactions already taking place worldwide every minute, this is another major step on our path to making paysafecard the payment method of choice in digital entertainment and lifestyle environments.”
The prepaid product enables consumers to use cash to pay online by using a 16-digit PIN to complete the payment transaction.
Samsung customers will now be able to utilise the prepaid method and use physical cash to pay for apps/games in the online store.
paysafecard is available as an alternative payment method (APM) across 21 European countries including: Austria, Germany, France, Italy, Spain and the UK.
Daniel Kornitzer, EVP and chief business development officer of the parent Paysafe Group, recently discussed the role of a payment service provider (PSP) in the newly established US betting market.