Company History & Ownership
Year Founded and Evolution
Company History & Ownership
| 2000 |
Founded in Vienna, Austria |
| 2001 |
Expansion into Germany |
| 2013 |
Acquired by Skrill |
| 2015 |
Skrill Group acquired by Optimal Payments, later rebranded as Paysafe Group |
| 2021 |
Paysafe Group listed on the NYSE via SPAC merger |
Founders and Leadership
Company History & Ownership
| Armin Sageder |
Founder and first CEO |
| Michael Müller |
Co-founder and former CEO |
| Udo Müller |
Former CEO and advisor |
| Bruce Lowthers |
CEO of Paysafe Group |
Paysafecard operates as a strategic brand within the Paysafe portfolio alongside Skrill, Neteller, and other digital payment products.
Licensing & Regulatory Info
Paysafecard operates as a regulated electronic money product and is subject to financial supervision across its core markets.
Licensing & Regulatory Info
| Region |
Regulator |
Status |
| United Kingdom |
Financial Conduct Authority |
E-money license (FRN 900021) |
| European Union |
Central Bank of Ireland |
Regulated via Paysafe Prepaid Services Limited |
| Global |
Local regulators |
Market-specific authorizations via Paysafe Group |
Compliance Framework
Licensing & Regulatory Info
| Area |
Measures |
| AML and KYC |
Compliance with EU AMLD5 and AMLD6 |
| Data Security |
PCI DSS Level 1 certification |
| Card Products |
Mastercard-licensed prepaid cards |
Offices & Headquarters
Corporate and Operational Locations
Offices & Headquarters
| Country |
City |
Function |
| Austria |
Vienna |
Operational headquarters |
| United Kingdom |
London |
Paysafe Group corporate HQ |
| United States |
Jacksonville, FL |
North American operations |
Global Reach
Paysafecard products are distributed in more than 50 countries through a large offline retail network that includes newsagents, petrol stations, supermarkets, and convenience stores.
Business Partnerships
Platform and Technology Integrations
Paysafecard is integrated with major digital commerce and entertainment platforms to support prepaid online payments.
- Google Play
- Microsoft
- Sony Interactive Entertainment
Merchant and PSP Relationships
Business Partnerships
| Segment |
Partners |
| iGaming Operators |
888 Holdings, Entain |
| Payment Service Providers |
Adyen, Worldpay, ACI Worldwide |
Paysafecard is commonly offered as a deposit option in regulated gambling markets where cash-based payments remain in high demand.
