PS4 online subscription

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My grandson has just got a PS4 for his birthday. There is a PS4 Online thing, it’s £50 a year with PS4, or cheaper from other suppliers, like CD KEYS. That seems odd to me, is the other suppliers risky?
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Maybe CDKeys buy in bulk hence the cheaper price.
Ive only used Amazon and CDKeys for Xbox Subscriptions.
I bought it from CDKeys, thank you.
Has the code been accepted ?