[3][4] paysafecard continued to be a subsidiary brand of the Paysafe Group in its own right, alongside others like the digital wallets Skrill and Neteller.

[6] Countries with PaysafeCard available include Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Moldova, Montenegro,[7] Netherlands, New Zealand, Norway, Paraguay, Peru, Poland, Portugal, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Arab Emirates,[8][9] the United Kingdom, the United States and Uruguay.

[10] Examples of other partners accepting paysafecard in 20 or more countries include Amazon,[13] Google Play Store,[14] Microsoft.com,[15] Xbox.com,[16] Minecraft,[17] PlayStation 4,[18] Steam,[19] Guild Wars,[20] Second Life,[21] and Facebook.

It was founded in 2000 by four Austrians, including the first CEO Armin Sageder, as paysafecard.com Wertkarten AG ("paysafecard.com prepaid card Inc."), later transferred into a GmbH, a private limited company.

[41] The current balance of each paysafecard, as well as its transaction history and purchase date, can be viewed at the official site by entering the respective code.

In contrast to in-house vouchers and prepaid products, paysafecard is sold and accepted at distinct companies ("Third Party Billing").

Further, Swiss paysafecard subsidiary paysafecard.com Schweiz GmbH is a licensed financial intermediary in Switzerland[43] and issuer of the product also in other countries, e.g. in Australia.

[47] Starting in 2002, paysafecard was sold as a printout called "eVoucher" by the company, a uniquely numbered receipt from an in-store sales terminal.

Typical examples include newsagents, petrol stations,[48][49] post offices,[50][49] pharmacies,[49] supermarkets,[49] electrical retailers and vending machines.

In most countries, an online account called myPaysafe lets users buy codes and carry out repeat payments more comfortably.

[68][69] It is based on a barcode generated in the online checkout of an app, account, wallet or webshop when PaysafeCash has been chosen as the post payment or deposit option.

[70] The user shows the barcode at the nearest PaysafeCash payment store, where it is scanned and the amount due can be paid with cash.

[71] PaysafeCash was created for cash-reliant users who do not possess a credit or debit card, or do not want to disclose their financial data when making online purchases or paying bills.

[74][75][76] Users select PaysafeCash in the online checkout page as their desired payment or deposit method, load the generated barcode into their wallet, send it to their mobile phone or print it out.

In August 2023, Paysafe announced an extended partnership with The Mill Adventure enabling players on the German-licensed iGaming platform to pay for their gaming experience in cash.

[77] In March 2023, Paysafe announced a new partnership with the popular US long-distance bus transport provider Greyhound (acquired by Flixbus), offering travelers an option to make safe and secure cash payments when booking a trip online.

[79] In August 2022, Paysafe announced a partnership with Exeter Finance enabling online cash payments for US auto loans.

In 2022, Paysafe was highly commended for its eCash solutions in the "Best Contribution to Economic Mobility in Payments" category at the Fintech Futures' PayTech Awards.