Openbucks is an alternative payment gateway founded in 2010 and based inSilicon Valley. It enables online merchants to accept cash and retailer gift cards as a form of payment. Consumers can redeem, like cash, the branded gift cards of major U.S. and Canadian retailers directly at a merchant’s checkout as an alternative to credit card payments. The company participated inTechCrunch Disrupt in 2011 to showcase its payment platform.[1][2]
Openbucks was acquired by payment processorPaysafe Group in July 2020 for an undisclosed amount of money.[3]
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