Today, PlaySpan announced that it has acquired PayByCash. This combined company will continue working in the alternative payment system market with services including the Ultimate Game Card. PayByCash currently provides 70 different payment methods in over 200 countries.
"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."
"PlaySpan and PayByCash have complementary missions. PayByCash handles payments from consumers across the globe, and PlaySpan gives publishers a place for gamers to spend," said Kevin Higgins, president of PayByCash. "We believe that our publisher partners will continue to benefit from our strong operational and global expertise to drive their microtransaction revenues."
