PlaySpan Acquires PayByCash

Silicon Valley based PlaySpan has acquired PayByCash, the 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.

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 will continue to operate independently as online payments solution with offices in Charlottesville, Virginia and Cincinnati, Ohio. Demand for their Ultimate Game card continues to escalate, with more and more major retailers stocking the card in the US and Canada, and requests are beginning to come from other parts of the world. In August, PayByCash's release of PaxGuard will herald an exciting innovation in fraud protection.

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