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Unused paysafecard: refund it or sell it?

paysafecard is popular in Europe and is also sold online to US customers who need a prepaid way to pay. If you bought a PIN and no longer need it, you have two realistic options.

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Option 1: ask paysafecard for a refund

paysafecard handles refunds of remaining balances through its support team. Expect to provide the PIN, proof of purchase and identity documents, and to receive the money by bank transfer. Conditions and any fees are set in paysafecard’s current terms, so read them before you apply.

Option 2: sell the PIN

Selling suits people who would rather not send ID documents, do not have a bank account in the issuing country, or want the payout via PayPal or crypto. You get a quote first and share the PIN only after you accept it.

Don’t let it sit

Under paysafecard’s terms a maintenance fee can apply after 12 months without use, which slowly reduces the balance. Whichever route you take, decide sooner rather than later.

Avoid the classic scam

If someone asked you to buy paysafecard to pay a bill, a fine or a “tax”, stop: that is a scam. Report it to the FTC at ReportFraud.ftc.gov and contact paysafecard straight away.

A FEW THINGS TO KNOW

Common questions

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01

Can I get cash back from a paysafecard?

Not at a store counter. You can request a refund from paysafecard under its terms, or sell the PIN for a quoted amount.

02

Does a paysafecard PIN expire?

The PIN keeps its value, but paysafecard may deduct a monthly maintenance fee after 12 months of non-use.

LET’S EXPLORE THE POSSIBILITIES

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