Prepaid Methods

Up to 44.5% of European customers under the age of 34 don’t even own credit card!

This group of young online shoppers have no other way to shop except for physical cash. Many of them don't have a bank account and surely those under the age of 18 are not able to get a credit card yet. Additionally, many people who have a credit card still refuse to use it online for fear of fraud and security.

Prepaid solutions allows anyone to have purchasing power online, safely.To reach these never-before reached shoppers, GlobalCollect now offers pre-paid payment methods that consist of voucher and card systems so that anyone can order online.

Payment Process

How do Prepaid methods work? When a consumer selects the this payment method to make an online purchase. He will be prompted to enter their unique code which is printed on their voucher. This code will be validated in real-time by GlobalCollect. After confirmation the order is complete, and the consumer will be redirected back to the merchant’s website.

Merchant Benefits

• Gaining in popularity
• Targets consumers without credit cards or bank accounts
• Excellent for small amounts, also known as micro payments.
• No fraud and security risk - customers cannot reverse their payments once they are executed

Availability

GlobalCollect currently accepts the Ukash and paysafecard prepaid solutions.

Ukash, the new way to shop, play or pay online with cash
Get a Ukash voucher from thousands of convenient locations then use the secure 19 digit Ukash number when you pay online at hundreds of websites. Spending Ukash is just like spending cash – safe, quick and easy. There’s no registration and no hidden fees. learn more

Currently available in: In the Netherlands, UK, Ireland, Spain & Germany consumers can get Ukash vouchers from thousands of stores such as convenience stores, newsagents, post offices and petrol stations. As of 2007, consumers in Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Hungary, Italy, Latvia, Norway, Portugal, Poland, Slovakia and Sweden can get Ukash at their nearest bank branch by completing a simple paying-in slip.

Currently available: Germany, Austria, Greece, Spain, Slovakia, and Slovenia, and the UK. paysafecard are issued in four different currencies: Euro, SKK , GBP, and SIT.
Availability forecast: By the end of 2007, paysafecard will be also available in Ireland, Portugal, France, the Netherlands, Belgium, Hungary, and Italy.

Where do we accept this payment method? Check the interactive map!

Resources

Prepaid Methods Brochure
Prepaid Method Payment Process
Card Currencies and Availbility
Local Payment Methods Available