paysafecard partners with Samsung for online cash payments in the Galaxy Store

paysafecard, the prepaid online cash payment method from Paysafe Group (Paysafe), a leading global payments provider, has entered a new partnership with Samsung. paysafecard is now available as a payment method in the Galaxy Store, to buy apps for Samsung smartphones or make in-app purchases.

paysafecard enables consumers to use cash to pay online by using a 16-digit PIN to simply and safely complete the payment transaction. According to figures from the World Bank in 2017, in Europe and Central Asia alone 35 percent of adults do not own a bank account and are therefore potentially excluded from ecommerce transactions.

Now, Samsung customers can use cash to pay for apps online in the Galaxy Store. paysafecard is now available as an alternative payment method in Samsung Galaxy Stores across 21 European countries, including Austria, Germany, France, Italy, Spain and the UK*.

Commenting on the collaboration, Udo Müller, CEO of paysafecard, said: “By working with Samsung, we are bringing cash-based payments to millions of additional consumers. With hundreds of paysafecard transactions already taking place worldwide every minute, this is another major step on our path to making paysafecard the payment method of choice in digital entertainment and lifestyle environments.”

Source: Press Release