Payments platform Paysafe has launched Paysafecash in Latvia, allowing consumers to make online purchases without a credit card, according to Verdict.
Paysafecash was designed for consumers without a bank account or credit card, and for those who do not want to disclose sensitive financial data.
Since 2011, Paysafe has had a presence in Latvia with its prepaid cash solution Paysafecard. The company will leverage the existing distribution network of retail franchise Narvesen, which has 250 payment points, increasing the availability of eCash across the country.
The customer must select ‘Paysafecash’ as the payment method at checkout and load the generated QR/barcode to their wallet. The code can be either printed or sent to a mobile phone. Using the search function, the customer must find the nearest Paysafecash payment point. Here, staff will scan the QR/barcode and then the payment is made.
The online shop processes the order directly after payment and the goods are delivered. No customer account or credit card data is required and the payment is completely secure.
Paysafecash is currently available in 26 countries.
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