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The company was founded in the year 2000. Since then, it has expanded its services and has become a full-blown online payment service provider. Today, it classified as an e-wallet service where you can store your funds online for later purchase. Now, it issues Mastercard and has various payment service products like Paysafe Cash and Paysafe Direct. You can use it also to fund online casinos with Paysafecard as a payment method.