Verein Kinderhilfswerk enables cash payment option with Paysafecash
By Megha Bhattacharya
Verein Kinderhilfswerk, an Austrian children’s charity has partnered with Paysafecash, thus enabling a cash payment option for online donations. According to Paysafecash, donations will require users to go to www.kinderhilfswerk.at and select the Paysafecash option under ‘Donate’. They will be required to fill out the online donation form, after which they will receive a barcode (text message, email or via the wallet in the Paysafecash app). Customers can use the search function to find the nearest of close to 5,000 participating retailers for payment. The barcode is scanned in-store and the donation is paid in cash.
“The introduction of Paysafecash as a payment option makes it easier for many potential donors to support our work, especially if they prefer making cash payments online,” says Peter Begsteiger, chairman and managing director of Verein Kinderhilfswerk. “A number of factors supported our decision to form this important collaboration.”
Recently, Paysafe’s eCash payment solutions provider paysafecard launched in The Republic of Moldova in a bid to offer a way to enable users to pay with cash for online purchases, especially in the digital entertainment space. The company allows customers to shop for goods and services online using a 16-digit code for completing payment transactions.
Udo Müller, CEO of Paysafe’s eCash division, added, “Paysafecash provides a digital cash solution for organisations of all sizes and types. We are particularly happy to support the valuable work of Verein Kinderhilfswerk and are convinced that this will attract new groups of donors to the charity by offering a simple and secure alternative to traditional online payment methods.”
IBSi Daily News Analysis
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage