Paysafecard is an electronic payment method for predominantly online shopping and is based on a pre-pay system. Paysafecard is based in Vienna, Austria and has been in existence since 2000. Exchanging cash for Electronic Money (for use online) is facilitated through paysafecard in many countries worldwide.
Since 2006 paysafecard has been involved with the eTEN programme  promoted by the European Union.
Paysafecard works by purchasing a PIN code printed on a card, and entering this code at webshops. A PIN code can be used multiple times, and multiple PIN codes can be bought.
Paysafecards are normally sold as eVouchers (uniquely numbered receipts from in-store sales terminals) in Argentina, Austria, Belgium, Cyprus, the Czech Republic, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.
In order to purchase a Paysafecard in the UK, customers pay cash (L10, L25, L50 or L75) at any retailers linked to PayPoint and thus receive a secure 16 digit PIN printed on a card. In other countries paysafecards are mostly available at newsagents, petrol stations, chemists or kiosks.