Integrated payments platform, Paysafe, announced it has extended its longstanding relationship with Microsoft. The company integrated a paysafecard as a payment option for millions of Microsoft customers in 22 countries across Europe for individual purchases of digital consumer goods available through Microsoft Store and Xbox.com.
The paysafecard is available in 50 countries through a distribution network of more than 650,000 points of sale. Payment transactions are completed by using a 16-digit code via an online ‘my paysafecard’ account. Consumers also have the option to combine credit balances without providing financial data such as bank account or credit card details.
More countries will be added and paysafecard’s availability as a payment option will be extended to purchases on the Xbox game console in early 2021.
“Working with a technology giant like Microsoft that offers such a vast variety of hardware and software products that millions of people use every day allows us to reach an enormous new customer base,” Udo Müller, CEO of paysafecard said in the release.