(Bloomberg) -- Paysafe Group Ltd., the online payments firm backed by Blackstone Group Inc. and CVC Capital Partners, agreed to go public by merging with a blank-check firm led by billionaire Bill Foley.

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Another way to opt for is to buy it online at the verified providers. Note: all vouchers are in the local currencies, so if you are gambling at the casino using Paysafecard in New Zealand, you’ll buy cards. Paysafecard vouchers, already the leading online prepaid system in Europe, are becoming more and more popular in New Zealand. If you’re still deciding on a payment method that is totally secure and works with your lifestyle, Paysafe. Essentially New Zealand online casinos that accept Paysafecard payments, this overview will tell you everything you need to know about the method. From where to find a Paysafe casino and how to stay safe to which Paysafecard.

The deal with Foley Trasimene Acquisition Corp. II values Paysafe at about $9 billion including debt, the companies said in a statement Monday. The special purpose acquisition company will raise $2 billion in a private placement to help fund the transaction.

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Bloomberg News first reported last month that talks about a deal were underway. At $9 billion, it is among the largest blank-check mergers this year, behind MultiPlan Inc.’s $11 billion merger with Churchill Capital Corp. III and United Wholesale Mortgage’s pending $16 billion merger with Gores Holdings IV Inc.

Fidelity National Title Insurance Co., Dan Loeb’s Third Point LLC, Suvretta Capital Management and Hedosophia are among investors that have agreed to participate in the private placement by Foley’s vehicle, according to Monday’s statement. Existing Paysafe shareholders, including its private equity backers and management, will remain the largest investors in the combined company.

© Photographer: Ethan Miller/Getty Images Bill Foley

Bill Foley

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Photographer: Ethan Miller/Getty Images

Read more: No One Mints SPAC Money Like Serial Dealmaker Bill Foley

London-based Paysafe -- which Blackstone and CVC bought for about 3 billion pounds ($4 billion) in 2017 -- offers payment processing services that enable companies to accept credit cards, cash and direct-debit transfers online. It also offers prepaid cards and digital wallets. The company operates through brands including Income Access, Paysafecard, Skrill and Ne teller.

Foley Trasimene Acquisition Corp. II raised $1.47 billion in an IPO in August. Its shares closed Friday at $10.62, giving it a market value of $1.95 billion.

Foley has a track record of SPAC mergers in the financial services sector. One of his prior vehicles teamed with Blackstone to buy the insurer Fidelity & Guaranty Life for $1.84 billion in 2017.

He has another SPAC that also went public this year called Foley Trasimene Acquisition Corp., which isn’t involved in the Paysafe talks.

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.

PaySafeCard represents another safe alternative to using PayPal though it does not come with the same exact benefits. On the plus side, PaySafeCard is accepted at more online casinos than PayPal is and the prepaid card is very popular with New Zealand players.

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PaySafeCard is almost as popular world-wide as PayPal and is used safely every day by millions of online shoppers at all sorts of major online outlets and institutions. In some ways the system offers less benefits than PayPal but then makes up for this with its sheer ease of use and virtual online anonymity.
PaySafeCard is designed with total safety and anonymity in mind, which is why this particular method is so popular with Kiwis who do not want to divulge their personal banking details or credit card information over the internet.
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The PaySafe Card voucher system

The PaySafeCard is an intelligent prepaid voucher system that enables the user to purchase predetermined amounts from registered participating PaySafeCard outlets. There are hundreds of participating PaySafeCard outlets throughout New Zealand and purchasing them does not require any additional sign up or credit card details.
Normal PaySafeCard voucher amounts include:

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  • $150
  • $250

Using PaySafeCard to play online real money pokies could not be easier, simply purchase the voucher amount/value that you need from one of the outlets and load the accompanying secret 16 digit PIN (Personal Identification Number) onto your PaySafeCard.
You can only purchase the predetermined amounts and the only other way to increase the amount is to purchase more PINs, to a maximum of ten.
This is a fantastic and highly effective way to manage your bankroll spending and can be easily incorporated into a general casino player strategy.
Another benefit to using the PaySafeCard system is that payments into your account will reflect immediately, there is no waiting around or loads of annoying red tape to have to go through.
Many of our recommended PaySafeCard casinos from the above list will also encourage their players to use PaySafeCard by offering additional deposit bonuses when this payment method is selected.
Unfortunately, due to the disposable 16 digit PIN system that PaySafeCard uses, this method cannot be used to make withdrawals from your casino player account. Players that choose to use PaySafeCard must use a different method to make withdrawals of their winnings.
Aside from this minor downside, PaySafeCard is extraordinarily flexible and safe, there is no need to fill in any applications in order to start using PaySafeCard and you do not even require a bank account in order to purchase through the system.
You can simply purchase your PaySafeCard and accompanying secure vouchers with cash from one of the many participating PaySafeCard outlets located throughout New Zealand. Purchasing your PaySafeCard or the accompanying vouchers is the beginning and the end of the transaction process and there is no record of your account details to be concerned about, the system is 100% safe, secure and anonymous.

Where and how can you use your PaySafe Card?

Now you know that purchasing your PaySafeCard as well as the accompanying vouchers is quick and easy. To use your PaySafeCard at an online pokies is just as easy. You can use PaySafeCard at any one of the following recommended Kiwi casinos:

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Many of these casinos offer free spins no deposit NZ from time to time, so continue to check the latest promotions being offered.

Paysafe Casino Explained

The process of using your PaySafe Card at one of our recommended casinos listed above is very easy. Simply follow these steps:

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  2. Sign up and fill in all the necessary details
  3. Once your account process is completed log in to your new player account
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  6. Enter your 16 digit PIN code vouchers (you can use up to 10 PINs)
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Done! Quick and easy and there are no credit card or other banking details to worry about! All that you need to do in future is simply log in to your casino player account and follow the steps outlined above to add more funds via this super-easy payment system. You can add up to ten different vouchers to make almost any amount that you might need.
Just remember that you cannot use this banking method to make withdrawals from your player account and you will have to select an alternative method such as bank transfer to get your winnings into your bank account.
This may seem a bit inconvenient but keep in mind that you do not need to risk your personal account information such as your credit card details online. You can visit anyone of our recommended PaySafe Card casinos as well a read our extensive reviews on each one of them in our casino review section, before making your final decision.