Paysafe [NYSE: PSFE] and Bunq Announces Partnership

Paysafe Limited [NYSE: PSFE] and Bunq has disclosed that they both have joined hands to offer clients an opportunity to access cash services. The collaboration of both the firms will now allow clients who wish to use cash in their everyday lives. Clients will be able to avail this opportunity through Paysafecash to easily add cash to their Bunq account.  

According to the details given on the Paysafe website, Paysafecard is the leading global online prepaid payment method for clients who wish to pay with cash for their online buying, just by entering a 16-digit code. Paysafecard is the ideal solution for clients, who want to manage their spending, do not have a bank account, or don’t want to reveal their personal credit card details online for security reasons.

In addition to this, the worldwide launch of the collaboration between two firms makes it easy to fast and secure cash deposits directly via the Bunq mobile app. The launch will begin in 21 European countries. The collaboration between Bunq and Paysafe enables truly appropriate and comprehensive banking services.

Cash Deposit via the Bunq Mobile App

After the collaboration, the firm has disclosed the easy way to deposit cash via Mobile App. The firm has revealed that the first step is to choose Paysafecash as the top-up method in their app. In this, clients have the opportunity to select how much cash they wish to add to the account and create a unique barcode for the transaction.

Furthermore, the clients can then go to a nearby payment point, scan the barcode at the point of the sales terminal and make the payment in cash. The added amount will appear on the bunq balance within minutes. Paysafecash service is offered at around 190,000 payment points in 29 countries including the US and Canada. It is offering a broad network for Bunq clients in the 21 countries where the service is enabled.