View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
September 6, 2018

paysafecard prepaid payment expands to Montenegro

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

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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

Secure online mobile payments

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.

“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.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International