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Paysafecash enables online cash donations to Verein Kinderhilfswerk

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Apr 06, 2021

Austrian children’s charity deploys Paysafe’s online cash solution during the pandemic

The challenges created by the COVID-19 pandemic have greatly affected non-profit organisations such as Austrian children’s charity Verein Kinderhilfswerk. To make contributing as easy as possible for donors, Verein Kinderhilfswerk has partnered with leading specialised payments platform Paysafe (NYSE: PSFE) to provide a cash payment option for online donations using Paysafecash.

Verein Kinderhilfswerk supports children and young people throughout Austria who have difficulties in the areas of mental health and emotional and social development. Socially disadvantaged children and their families are supported through counselling, therapy, diagnostics, prevention and experiential education projects. Since 1999, Verein Kinderhilfswerk has helped many children and young people to improve their prospects for the future. With counselling centres in Vienna, Linz and numerous cooperating therapists in many provinces, support is offered throughout Austria.

Not-for-profit organisations are heavily dependent on the funds they receive, and donors being able to make payments using their preferred method plays a key role in this. Paysafecash caters specifically to people who prefer to use cash in their everyday lives and do not want to share personal data such as account or credit card information online. Studies show that almost half of consumers (48%) consider cash to be the safest means of payment, especially in times of crisis (1). And as many as 84% say they would never want to do without cash altogether (2). Cash is also often the preferred payment method for those people who want to make an anonymous charitable donation.

Donations with Paysafecash take a few simple steps:

  • Go to www.kinderhilfswerk.at and select the Paysafecash option under ‘Donate’.
  • Fill out the online donation form, after which you will receive a barcode (text message, email or via the wallet in the Paysafecash app).
  • 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.”

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.”

(1) https://www.paysafe.com/blog/how-covid-19-is-impacting-consumer-payment-preferences
(2) ING International Survey 2017

About Paysafecash
Paysafecash, from leading specialised payments platform Paysafe, is an eCash payment method for customers who want to pay online easily and safely using cash. Available in nearly 30 countries, Paysafecash makes online transactions possible for customers, who do not have a debit or credit card, or who do not want to use them online. Payments are made by generating a barcode during the online checkout, which can then be scanned and paid for in person at one of more than 190,000 payment points. Paysafecash was launched in 2018 by the same Paysafe team who created the award-winning, prepaid cash solution paysafecard in 2000. A market leader in eCash payment solutions, paysafecard allows customers to buy prepaid vouchers that they can then redeem online.

About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of US $92 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

 

Contact Details
Sanna Raza, Corporate Communications Manager, DACH | sanna.raza@paysafe.com 
+43 676 765 7202