PaySafeCard
What is it?
2000Charge understands the need for merchants to accept prepaid cards while reaching new consumer markets. Prepaid cards are used by consumers that simply prefer to pay in cash online or by those that do not wish to divulge their personal, bank or credit card details on the internet.
PaySafeCards are sold in more than 20,000 stores in the U.K and over 230,000 locations in 16 countries across Europe, and processing paysafecard transactions on your website is without risk, as the payment is guaranteed and there are no chargebacks.
Accepting paysafecard will also increase your sales, as you can target consumers that do not have credit or debit cards and it also provides the payment solution for declined card transactions and blocked customers. PaySafeCards are available in £10, £25, £50 or £75 values, however each transaction is settled in the currency of the local merchant, such as the U.S. dollar. Furthermore, the cards can be used for micropayments and several cards can be combined to allow for larger online purchases up to £1,000.
How does it work?
PaySafeCards not expire and security against fraud is achieved by
the 16-digit PIN code that is needed for each transaction. The cards
can also be password protected by the user. Transactions are processed in realtime and merchants will receive, as with all of the 2000Charge services, worldwide customer support and access to sales reporting and transaction data via their own admin pages.
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