Paysafecard has bolstered its presence in Europe with launch in Montenegro. The paysafecard prepaid payment platform is now available in 47 countries.

The platform will allow users to make online transactions without providing any critical financial or bank account information.

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Customers will be given a unique, 16-digit paysafecard PIN for their payments that can be carried out in cash.

Previously, in Montenegro, paysafecard was available in 5, 10, 25, 50 and 75 Euros denominations through Tobacco S Press shop network. The network consists of more than 300 newspaper and tobacco kiosks.

The paysafecard prepaid payment service will now be extended to additional merchants across the country.

paysafecard CEO, Udo Müller said: “Montenegro is an emerging economy with a young and forward-looking population. This provides the ideal environment for digital innovation. There’s definitely a growing consumer demand for secure online payment solutions like paysafecard.

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“paysafecard has a strong track record in many other countries. However, it’s the first prepaid method of its type to be available in Montenegro. We are excited about the future there.”

paysafecard is part of Paysafe Group, which offers various financial services such as card acceptance, mobile wallets, bank transfer and point-of-sale.

Operating under the paysafecard, my paysafecard, paysafecard Mastercard and Paysafecash brands, the prepaid payment solution is available at more than 600,000 outlets globally.