paysafecard is a prepaid voucher operated by Paysafe Group, where payment is completed using only a 16-digit PIN purchased at a retail outlet. Even in a card-centric market like Slovenia, there's steady prepaid demand in the gaming and digital content space from users who don't want a card record left behind, or who don't have a card at all.

It suits content businesses with frequent small, recurring payments, such as game items or streaming and digital subscriptions, and it has the effect of capturing cardless customer segments such as teenagers. However, because refunds after payment are limited due to the nature of prepaid PINs, this needs to be reflected in your operating policy in advance.

When a customer selects paysafecard at checkout and enters a 16-digit PIN they hold, the amount is deducted immediately from that voucher's balance. Customers using a my paysafecard account can also combine multiple PINs to pay. Because this prepaid structure doesn't go through a card network, there are no chargebacks, but in exchange, cancellation and refund handling after payment is limited, which needs to be reflected in your order policy.

Through integration with Hecto Financial, Korean corporations can explore accepting paysafecard without a local contract. Industry-specific policies for gaming, content, and other categories, voucher face-value limits, and settlement cycles, fees, and currency options vary by transaction structure, so confirmation before contracting is necessary.

• Business registration country

  Confirm contract eligibility for businesses registered in Korea

• Sales channels

  Integration method and priority vary depending on your online sales channel mix, such as owned storefronts, marketplaces, or mobile apps

• Product categories

  Check in advance whether your products fall under categories restricted by the PaySafeCard operator's merchant policy

• EU regulatory compliance

  Confirm compliance with EU payment regulations such as PSD2 and SEPA (see official sources below)

The amount a customer pays with a PIN is collected by Hecto Financial in euros (EUR) and, after currency conversion, settled to the Korean merchant in whichever currency, USD, KRW, or JPY, was set under contract. Given the nature of prepaid vouchers, refunding to the original payment method is limited, so when a refund is needed, whether an alternative payout method is available should be confirmed at the contracting stage.

• Bank of Slovenia (Banka Slovenije)Official information on Slovenia's payment systems and related regulations. If this page's content differs from the actual regulations, the official source takes precedence.