Paysafe | It starts here (2024)

FAQs

How long does it take for paysafe to payout? ›

Payments Explained

Payouts are made on the 5th day so long as that day falls on a USA business day, if it doesn't it will be paid on the next available business day. Payouts are made by ACH (for USA) and EFT (for Canada). These payment methods can take up to 3 days to be deposited into the bank account.

Withdrawal with a paysafecard Mastercard

To do so, you simply need to find the nearest ATM and use your card's PIN code to withdraw the desired amount. Keep in mind, though, that there are limits for cash withdrawal at an ATM.

With headquarters in London, Paysafe is a global credit card processing solution with 20 years of experience. Though its payment platform was only launched in 2018. In 2022, it earned over $130 billion in annualized transaction volumes.

paysafecard (as a brand stylized in lowercase) is part of Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS), a global payments platform. Paysafecard is a prepaid cash-based, online payment method based on vouchers with a 16-digit PIN code.

Balances can be transferred from only one account to another at a time, and the transfer amount cannot exceed the positive balance of the source account.

Feb 27, 2021•Knowledge. The Paysafe underwriters require a soft credit check each time a merchant submits a merchant application. The information provided on the application, such as your identification and home address, is used to run the credit check. Your credit score is not affected by the check.

It is simply impossible to trace it back to a bank account or credit card. paysafecard is one of the biggest and most successful e-money issuers in the world. paysafecard makes it possible for millions of customers to pay simply and safely online.

Legally domiciled in Bermuda, Paysafe's corporate headquarters are in the United Kingdom. Various Paysafe group companies hold a number of licences from different national and state regulators including the U.S. Securities and Exchange Commission, Financial Conduct Authority and the Central Bank of Ireland.

paysafecard is a prepaid code payment method which allows you to pay online using cash. Our prepaid codes hold many benefits such as minimizing how much personal details you share online, since you don't need a bank account or other type of payment instruments to complete your purchase.

How safe is paysafe? ›

paysafecard cannot be hacked

There is no way to hack the 16-digit PINs or to multiply PIN credits virtually using generators. Because of numerous technical security measures, a paysafecard hack is not possible. Programs that claim to be able to do this are attempts at fraud.

paysafecard is a prepaid payment method. It lets you pay for goods and services without a bank account or credit card.

The shop assistant chooses paysafecard direct at the terminal, then scans the barcode or enters in the barcode number. After payment, the shop assistant will confirm the purchase. The customer then takes the transaction receipt. The amount will appear in the customer's paysafecard account within a few minutes.

Banks may use intermediary banks to facilitate the transfer. Settlement: Settlement times can vary from one to four business days depending on the payment network and banks involved. Funding: Funds are made available to the recipient once the receiving bank has processed the payment.

Reimbursem*nts generally take up to 5 working days. As soon as your request has been processed, you will be notified by e-mail. Thanks for the feedback.

Customers can use the balance of their paysafecard account to make another payment online, withdraw the funds at an ATM via the paysafecard Mastercard® card or to make a bank transfer to their bank account.