Skrill acquires PaySafeCard.com: looking forward to success in on- and off-line payments
On the 8th of February Skrill finalized acquisition of Paysafecard.com
Europe’s largest online payment system - Skrill (Moneybookers) - and Austrian provider of prepaid cards - Paysafecard.com - announced about future acquisition back in June 2012.
This purchase is a really significant step for Skrill (former Moneybookers) in expanding its borders. Paysafecard.com is the largest European prepaid card provider. Paysafecard.com is very popular in such spheres as online gaming, music, film, entertainment, social media and online communities, etc.
Paysafecard’s products make it possible to pay not using credit card or bank account. Paysafecard prepaid cards are accepted at more than 4,000 online stores and more than 450,000 sales outlets in 33 countries throughout Europe, North and South America. More than 55 million transactions were processed during 2012.
Official representatives of Skrill claimed that this acquisition will allow them to spread their services for more countries where Paysafecard.com operates. Offline distribution network of Paysafecard.com will be acquired by Skrill’s already large online distribution network. As a result Skrill users will have more than 100 payment options in 200 countries worldwide.
Combination of these companies will offer unique blending of great digital wallet together with the best POS and cash network services of Paysafecard.com. It improves Skrill’s product offerings a lot, as customers will be able to make payments as well as money transfers via on- and off-line channels. Clients just need to to visit one of 450,000 retail outlets linked to the provider and convert real money into e-currency in the form of the e-Voucher.
Both companies are glad to finalize this acquisition and begin their fruitful collaboration. Siegfried Heimgaertner, CEO of Skrill, said that Paysafecard.com supplemented their up-to-date offering and enhanced their position in the gaming and digital media market.
CEO of Paysafecard.com Michael Mueller stated that this consolidation with Skrill is natural and logical step for the company, taking their products to the global network of merchants and consumers. Authorities of Paysafecard.com have great faith in development of their businesses and further success.