Uncovering yet another way to pay for US gamers.
Paymentwall’s alternative payment platform PW Local enables merchants to easily accept payments from anywhere in the world, offering customers more than 100 alternative and localized ways to pay for games, digital downloads or SaaS. Always on the lookout to expand its payment solutions portfolio, Paymentwall recently partnered with Openbucks, enabling users in North America and Canada to pay for digital goods and services using retail gift cards.
Openbucks powers the largest prepaid gift card network in the US and Canada and will soon be expanding to LATAM, SEA and APAC. Openbucks allows customers to purchase gift cards from major local retailers like SUBWAY®, CVS Pharmacy, Burger King, Shell gas stations, Sports Authority and several others, and then use those gift cards to make online purchases from any merchant accepting Openbucks’ innovative ‘Pay-With-Gift-Cards’ solution as a payment method. Openbucks offers customers a safe, anonymous and convenient way to convert gift cards into cash payments for use online or via mobile.
Many users do not own a credit card or simply do not want to disclose their personal information. Openbucks allows users to pay using the gift cards of the retail brands they love and trust. OpenBucks gift cards are available in more than 200,000 stores in the US, and are accepted by thousands of sites online. The partnership between Paymentwall and OpenBucks gives Paymentwall’s 50,000 merchants another exciting payment option to offer customers, while expanding the scope of OpenBuck’s gift cards to any merchant using Paymentwall who chooses to activate the payment method.
Kfir Eyal, VP of Sales for Openbucks, said today “When asked, most Free-2-Play gamers replied that the reason they don’t pay is because they either don’t own or have access to credit cards, or they are simply reluctant to use them online fearing fraudulent activities and identity theft risks. Openbucks realized that this is a huge audience that has both cash and the willingness to spend it – all they were missing was the platform!
For the last 4 years, Openbucks has helped game developers and publishers like: RIOT GAMES, WARGAMING.NET, KABAM, DISNEY, PLARIUM, IMVU, NEXON, SMILEGATE WEST, PERFECT WORLD, GAIJIN and many more by processing millions of dollars in monthly incremental revenue for them, with monetization and user-acquisition strategies, and by converting more Free-2-Play gamers into paying customers than every other alternative payment solution combined!”