ALTERNATIVE PAYMENT PROCEDURESALTERNATIVE PAYMENT PROCEDURES

With the payment methods PayPal, Cash-Ticket, and paysafecard, Wirecard offers alternative payment procedures that focus on the protection of personal data and cost control. Unlike classic payment procedures, these work on a prepaid basis.

Benefits for online retailers:

  • Tap into new target groups
  • No chargebacks as on prepaid basis
  • Simple integration
  • Quick payment receipt


PayPal
PayPal is an online payment service that retailers in 190 countries throughout the world can use to conveniently receive payments and customers can use to make hassle-free payments via their PayPal private customer accounts in just two clicks.

Cash-Ticket
Cash-Ticket is the name given to prepaid vouchers that customers can purchase from over 150,000 retail outlets throughout Europe and then use to make online purchases in more than 15 European countries by entering their voucher number.

paysafecard
Similarly to Cash-Ticket, paysafecard works on a prepaid basis and is available from more than 300,000 retail outlets. Again, customers simply need to enter their card number and confirm the payment with a PIN.

PAYPAL

All companies and private customers with an e-mail address can use PayPal to make secure, convenient, and cost effective online payments, send money, and receive money from other PayPal accounts. Consumers value this service as they do not have to provide the retailer with any personal details or credit card information. Its ease of use and the international dissemination by eBay has made PayPal an extremely popular payment procedure.

Benefits for retailers:

  • Payment receipt in up to 19 currencies
  • No set-up or basic charge
  • Extensive protection against declined payments
  • 175 million user accounts worldwide
  • Excellent customer acquisition and revenue opportunities can be tapped into


Benefits for consumers:

  • Secure payment procedure
  • Simple to use
  • Retailers do not have to be given personal details or credit card information
  • Available in 190 countries and 19 currencies


Factsheet PayPal

CASH-TICKET

Cash-Ticket is an alternative prepaid payment method for which customers do not require a bank account or a credit card. Cash-Ticket works almost like cash in 15 European countries. The customer purchases a Cash-Ticket in the desired amount and can then make online purchases until the credit has been used up. To make a payment in an online store, the customer simply needs to enter the 16-digit PIN code in the payment window. Cash-Ticket is a simple, fast, and secure online payment method.

Benefits for retailers:

  • Already available in 15 European countries
  • No chargebacks as on prepaid basis
  • Simple integration
  • Tap into new target groups
  • Alternative payment method for customers without credit cards/bank accounts or with security concerns when shopping online


Benefits for consumers:

  • Available from more than 150,000 retail outlets
  • Quick and simple to use
  • Secure payment on a prepaid basis
  • No need to disclose personal details or credit card information
  • Usable throughout most of Europe

PAYSAFECARD

The paysafecard is an alternative prepaid payment method for which customers do not require a bank account or a credit card. The paysafecard is globally accepted. The customer simply needs to purchase a paysafecard in the desired amount from one of over 300,000 retail outlets throughout the world and can then make online purchases until the credit has been used up. To make a payment in an online store, the customer simply needs to enter the 16-digit PIN code in the payment window. The paysafecard is a simple, fast, and secure global online payment method.

Benefits for retailers:

  • Already available in 25 countries throughout the world
  • No chargebacks as on prepaid basis
  • Simple integration
  • Tap into new target groups
  • Alternative payment method for customers without credit cards/bank accounts or with security concerns when shopping online


Benefits for consumers:

  • Available from over 300,000 retail outlets in 25 countries throughout the world
  • Quick and simple to use
  • Secure payment on a prepaid basis
  • No need to disclose personal details or credit card information
  • Globally usable

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