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Paysafecash launches in Cyprus

Friday 17 January 2020 14:33 CET | News

Paysafe has launched Paysafecash in Cyprus, as a new secure way to pay for online purchases in the retail space.

Paysafecash, now available in 25 countries, is designed for consumers who do not have a bank account or credit card ─ or who do not want to disclose sensitive financial data on the internet.

The customer selects ‘Paysafecash’ in the online shop as the payment method and loads the generated QR/barcode to their wallet. The code can be printed or sent to a mobile phone. Using the search function, the customer finds the nearest Paysafecash payment point. The QR/barcode is scanned by sales staff and 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. 

Paysafe has had a presence in Cyprus for more than ten years with its prepaid cash solution paysafecard, which is available at around 1,700 kiosks, supermarkets and other distribution outlets. Paysafecash will leverage this existing distribution network, further increasing the availability of eCash across Cyprus.&


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Keywords: Paysafe, Paysafecash, payment method, ecommerce, retail
Categories: Payments & Commerce | Mobile Payments
Countries: Cyprus
This article is part of category

Payments & Commerce