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The Paysafecard was developed in Vienna firstly of the 2000s. At the time, the company behind the prepaid card providing was Paysafe Wertkarten GmbH. In the early years, buyers of the pin code received a prepaid card comparable to traditional telephone playing cards. In the following years, the Paysafecard was repeatedly developed further. Currently, the pin codes are printed on cash register receipts.

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