Video streaming platform YouTube has tapped Paysafe Group to enable payments for users of YouTube Premium.

Under the partnership, YouTube Premium users will be able to use paysafecard online prepaid solution as an alternative payment option.

This is said to be beneficial for customers those who do not have access to credit cards or digital banking or are reluctant to share their data online on security grounds.

Users can buy paysafecard at more than 650,000 sales outlets including petrol station chains, supermarkets, lottery retailers and kiosks.

The service will be available to YouTube Premium users in France, Germany, Spain and the UK.

The latest alliance builds on Paysafe’s existing relationship with Google.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

paysafecard is already available as a Google Play Store payment option in several countries.

These countries include Poland, Czech Republic, Slovakia, Slovenia, Cyprus, Greece, Spain, UK, France and Germany.

paysafecard CEO Udo Müller said: “paysafecard provides an easy and secure way for consumers to pay for goods and services online by removing the need to share financial data.

“We’re delighted to be extending our relationship with Google to support additional services in its portfolio.

“By giving customers the option to pay for its service using cash online, YouTube Premium is opening up its membership to millions of additional customers.”

A paid membership, YouTube Premium offers a range of services such as ad-free videos, as well as access to YouTube original content.

It also enables users to save videos and songs onto a mobile device.