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PlaySpan Acquires PayByCash

Posted Jul 17, 2008 by Keith Cross

PlaySpan Acquires PayByCash

PlaySpan has announced that they have finalized a deal to acquired online payment service provider PayByCash.

Silicon Valley based PlaySpan Inc. ( www.playspan.com) has acquired PayByCash ( www.paybycash.com) the leading alternative payment system for online games, virtual worlds and social networks. Together PlaySpan and PayByCash create one of the fastest growing commerce and payment service companies supporting game publishers’ need for a complete commerce and payment platform in the rapidly growing market of online games and interactive entertainment.

PayByCash is one of the most trusted payment brands for top-tier game publishers and millions of gamers worldwide. As a payment gateway, PayByCash provides the broadest network of 70 different payment methods, supported in over 200 countries. The Ultimate Game Card™, PayByCash’s pre-paid card, can be used for all of its merchant clients and is fast becoming the most popular payment method among hard-to-reach gaming demographics.

“PayByCash’s 10 year reputation in the global game industry, operational experience of millions of transactions each year and the trust of millions of gamers make the service a great addition to our in-game marketplace platform,” said Karl Mehta, Founder and CEO of PlaySpan. “We are excited about the synergies of our businesses and will continue to promote PayByCash’s global payment platform to our publisher partners worldwide”.

Read more here.

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