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The Paysafecard was developed in Vienna at the beginning of the 2000s. At the time, the company behind the prepaid card providing was Paysafe Wertkarten GmbH. In the early years, patrons of the pin code received a prepaid card comparable to traditional phone cards. In the next years, the Paysafecard was repeatedly developed additional. Currently, the pin codes are printed on cash register receipts.

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