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paysafecard launches in Iceland

Tuesday 15 October 2019 00:54 CET | News

paysafecard, an eCash solution and part of global payments provider Paysafe, continues to strengthen its presence in Europe and is now also available in Iceland.

paysafecard is launching in Iceland with sales partners Basko verslanir (10-11 , Kvikk on the go and Kvosin). Negotiations with other distribution partners are already in progress. paysafecard is offered in four denominations (1,500, 3,000, 6,000 and 12,000 Icelandic krona, 1 euro equates to around 135 krona).

As Europes northernmost country, Iceland has around 344,000 inhabitants, according to the official press release. These represent a comparatively young society as a third of all citizens are under 25 years of age. Iceland has an internet usage rate of 98% and a high mobile penetration rate at 121%. As such, the country represents a highly digital and networked population.

Paysafecard was founded in 2000 and is headquartered in Vienna. The company is part of the international Paysafe Group, which provides a broad portfolio of payment solutions and services. paysafecard offers prepaid and online cash solutions under the brands paysafecard, my paysafecard, paysafecard Mastercard and Paysafecash.


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Keywords: paysafecard, eCash, payment method, Iceland, payment provider, mobile payments, online payments
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Countries: World