paysafecard is an electronic payment method for predominantly online shopping and is based on a pre-pay system. Paying with paysafecard does not require sharing sensitive bank account or credit card details. Using paysafecard is comparable to paying with cash in a shop. According to the company's claims, it is currently available in over 37 countries in Europe, Australia, North- and South America, although merchants claimed to be US distributors (including major stores such as Fry's Electronics) may not carry the card or be unaware of its existence.

paysafecard works by purchasing a PIN code printed on a card, and entering this code at webshops. A PIN code can be used multiple times, and multiple PIN codes can be bought.