| Broker | Country | Rating | Min. Deposit | Website |
 | US | /5 | $50 | Click for a special offerWebsite |
Paysafecard is a pretty simple, straightforward and extremely popular payment system in the online trading world. It is a virtual cash payment system which uses a prepaid cash card and it was founded back in 2000 in Austria. In 2013 it was acquired by the British e-wallet provider Skrill and was rebranded Paysafe group which is regulated in the UK.
Clients receive a card from sales outlets with a 16-digit PIN code on it which may be used for the funding of trading accounts with the forex brokers that support the system. Its biggest advantage is that it allows traders to deposit by cash and circumvent the use of a bank account, credit card or e-wallet.
The payment system is also available in mobile apps for Android and IOS mobiles which enables clients to locate with ease the nearest Paysafe card merchant. It is most widely used in Europe while it is relatively unknown in the Middle East and Africa.
We should also say that the payment system guarantees significant anonymity which is widely preferred and appreciated in online trading. Brokerages also prefer such a payment method because there is no chance of a chargeback and Paysafecard clients will unlikely attempt fraud.
There is also a monthly maintenance fee of 2 per cent which comes into force after a year. The online payment system provider has also put a limit of $300 on a single payment.
Paysafecard is currently in over 40 countries, including Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, the Czech Republic, Denmark, Finland, France, Georgia, Germany, Greece, Hungary, Ireland, Italy, Kuwait, Latvia, Lithuania, Luxembourg, Malta, Mexico, the Netherlands, New Zealand, Norway, Peru, Poland, Portugal, Romania, Saudi-Arabia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, UAE, UK, US and Uruguay.
The accepted currencies are as follows: EUR, USD, ARS, AUD, BGN, CAD, CHF, CZK, DKK, GBP, GEL, HRK, HUF, KWD, NOK, MXN, NZD, PEN, PLN, RON, RSD, SAR, SEK, TRY, UTU, AED.
Paysafecard Brokers
| Broker | Country | Rating | Min. Deposit | Website |
 | UK | /5 | $200 | Read the review |
 | Cyprus | /5 | $250 | Read the review |
 | Vanuatu | /5 | $100 | Read the review |
 | SVG | /5 | $5000 | Read the review |
 | SVG | /5 | $500 | Read the review |
 | Estonia | /5 | $250 | Read the review |
 | UK | /5 | $250 | Read the review |
 | Marshall Islands | /5 | $250 | Read the review |
 | Seychelles | /5 | $250 | Read the review |
 | Estonia | /5 | $200 | Read the review |
 | Estonia | /5 | 250 USD | Read the review |
 | SVG | /5 | $500 | Read the review |
 | Estonia | /5 | $250 | Read the review |
 | SVG | /5 | $100 | Read the review |
 | SVG | /5 | $1000 | Read the review |
 | Vanuatu | /5 | $200 | Read the review |
 | Marshall Islands | /5 | $200 | Read the review |
 | UK | /5 | $100 | Read the review |
 | SVG | /5 | $0 | Read the review |
 | Switzerland | /5 | 250 EUR | Read the review |
 | SVG | /5 | $50 | Read the review |
News about Paysafecard
Microsoft Store Adds PaySafe as Payment Option
PaySafe Group recently partnered with one of the biggest companies today, namely the tech giant Microsoft. The global payment provider can now
FX Choice adds Perfect Money, PaySafeCard online payment systems
FX Choice, a forex broker licensed in Belize, has added Perfect Money and PaySafeCard to its deposit payment methods, the broker said
