KUALA LUMPUR, June 4 (Bernama) -- Paysafe Group, a leading global payments provider launched Paysafecash, its latest alternative payment solution that offers online shoppers an easy payment option.
Paysafe in a statement said the pioneering and ultra-safe online cash payment option has been designed to cater for the sizeable number of worldwide online shoppers who still prefer to pay by cash.
Paysafecash is the first online cash solution that can be used to upload funds into digital wallets, including Paysafe's own popular digital wallets, Skrill and NETELLER.
This means that Paysafe can now offer consumers who want it, an entire payments ecosystem running on cash, totally negating the need to have a bank account or share financial data online.
Additionally, shoppers can pay in exact amounts for the purchases they are making, rather than being forced to round up the amount to a fixed voucher denomination.
Paysafe's chief executive officer, Udo Müller believed that Paysafecash has the potential to drive millions of additional shoppers online representing a true growth driver for digital shopping and online retailers.
Paysafecash is already live and proving popular amongst shoppers in 14 countries including Austria, Spain, Italy, Portugal, Hungary, UK and Canada and about to extend its availability in an additional 32 markets, including the US, by the end of the year.
For more information about Paysafecash, visit www.paysafecash.com
--BERNAMA
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