Ref: Mark 10:45
There is no thought in the Bible that Satan had to be paid off to let sinners be saved. What happened to Satan when Christ died was not payment, but defeat. The Son of God became human so “that through death he might destroy the one who has the power of death, that is, the devil” (Hebrews 2:14). There was no negotiation.
When Jesus says that he came “to give his life as a ransom,” the focus is not on who gets the payment. The focus is on his own life as the payment, and on his freedom in serving rather than being served, and on the “many” who will benefit from the payment he makes.
If we ask who received the ransom, the biblical answer would surely be God. The Bible says that Christ “gave himself up for us, [an] . . . offering . . . to God” (Ephesians 5:2). Christ “offered himself without blemish to God” (Hebrews 9:14).
The ransom price of this release from God’s condemnation is the life of Christ.
The price was paid freely; it was not forced. Which brings us again to his love. He freely chose to rescue us at the cost of his life.