Press Releases

Vindicia adds paysafecard for Global Digital Merchants

  • Apr 25, 2013

Market leader in subscription billing widens portfolio with popular prepaid product. Paysafecard group strengthens footprint in the US.

Belmont, California – April 25th, 2013 – Vindicia, the true leader in Subscription billing, has expanded its payments options with paysafecard group’s payment solution paysafecard. As a result, online merchants using Vindicia® CashBox® platform will be able to accept the popular prepaid product paysafecard for digital goods and services.

The payment solution paysafecard makes online payments as easy as using cash. It offers complete security against data abuse and fraud as no credit card or bank account is required when making a payment. paysafecard vouchers can be purchased with cash or credit at one of 450,000 brick-and-mortar retail outlets.

“At Vindicia, we are always expanding our online payments solutions for global merchants to better acquire new consumers,” said Gene Hoffman, CEO and Founder of Vindicia. “Paysafecard makes online purchasing easy for consumers. Customers don’t need a bank account, and they don’t have to use their credit cards online if they don’t feel safe to do so. All that is required to make a payment is the unique 16 digit PIN that comes with each paysafecard.”

“With its partner network, its portfolio and an established market leadership in subscription billing, Vindicia is the ideal partner for us to help us strengthening our footprint in the US,” said Michael Mueller, CEO of paysafecard group. “One of our key targets in 2013 is to widen our activities in industries where we already have a presence, and we are confident that Vindicia will help us to achieve this goal in the US market.”

Through GlobalCollect’s Hosted-Merchant Link, Vindicia offers digital merchants more than 50 international and local payment options, and over 175 transaction and display currencies. Vindicia has transacted more than $6 billion in online transactions.

The company paysafecard group, Europe’s leading prepaid payment provider, is currently operating in 33 countries in Europe and America.

About paysafecard group

The paysafecard group, founded in 2000 in Austria and Germany, operates in 33 countries worldwide with offices in Vienna, London, Lucerne, Buenos Aires, Mexico City and New York. With its successful online prepaid vouchers, the paysafecard group has established itself as Europe’s leading provider of prepaid payment solutions. In 2012 the group won the Paybefore Award for being the ‘Best Digital Currency’ and the Paybefore Award Europe for being the ‘Most Innovative Prepaid Solution’. For more information, please visit : www.paysafecardgroup.com.

About Vindicia

The Vindicia® CashBox® platform takes subscription billing to new levels. CashBox combines cutting edge customer acquisition methods with advanced customer retention technologies, while maintaining unmatched scalability and 99.99% up-time. We have processed over $6 billion globally and generate over $90 million in annual incremental revenue for our clients. Our clients include TransUnion Interactive, Intuit, Activision Blizzard, IAC, Bloomberg, Vimeo and Next Issue Media. To learn more, please visit www.vindicia.com.

For further information, please contact:

Paysafecard

Thayne Whipple
+1 805 901 7547
t.whipple@paysafecard.com

Vindicia

Charles Breed
+1-650-264-4679
cbreed@www.vindicia.com

Cécile Dorvault
+44 7787 908 923
cdorvault@www.vindicia.com

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