YouTube adds Paysafe’s online prepaid solution paysafecard

YouTube adds Paysafe's online prepaid solution paysafecard

Payment systems provider Paysafe Group (LON:PAYS) announced that it has teamed up with the world’s biggest video streaming platform YouTube.

LeapRate reminds that Paysafe and Google formed a partnership last year, when paysafecard was announced as a payment method across the Google Play store, in June 2018. Few months later, Google added the paysafecard payment method in the Google Play Store in five additional European countries: Germany, the UK, France, Spain and Greece.

Now YouTube will add the online prepaid solution, paysafecard, as an alternative payment method for YouTube Premium in France, Germany, Spain and the UK. Consumers will now be able to sign up to YouTube’s premium content service.

YouTube Premium is a paid membership that provides an enhanced, uninterrupted experience across YouTube, YouTube Music, and YouTube Gaming. YouTube Premium benefits include ad-free videos, access to YouTube original content and the ability to save videos and songs onto a mobile device to watch offline.

More than 130 million Europeans currently lack sufficient access to financial services to be able to participate in the digital marketplace. Now clients without a credit card or digital banking services, or those who simply don’t want to enter their financial data online for security reasons, can pay for their YouTube Premium service using paysafecard.

paysafecard can be purchased via a network of over 650,000 sales outlets around the world which spans across the countries where paysafecard is now available as a payment method for YouTube Premium. Outlets include leading petrol station chains, supermarkets, lottery retailers and kiosks.

Commenting on the expansion of the partnership, Udo Müller, CEO of paysafecard, said:

paysafecard provides an easy and secure way for consumers to pay for goods and services online by removing the need to share financial data. We’re delighted to be extending our relationship with Google to support additional services in its portfolio. By giving customers the option to pay for its service using cash online, YouTube Premium is opening up its membership to millions of additional customers.

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