Skrill (Moneybookers) acquired Paysafecard.com
Skrill (Moneybookers) has acquired all shares of the Austrian pre-paid card provider Paysafecard.com and the transaction is valued €140 million. The deal still awaits regulatory approval, however it tends to be the biggest acqusition Skrill (Moneybookers) has been up to.
Skrill CEO Siegried Heimgarter states:
We are very happy to have come to an agreement to acquire paysafecard. This acquisition will add significant scale to the Skrill Group in terms of payment volume, customers and merchants and will increase our overall market share. The combined entity will offer a unique proposition in the payments market combining our leading digital wallet with the sophisticated POS and cash network of paysafecard. It enhances our product portfolio significantly, offering payment and money transfer options for both on and off-line channels.Siegried Heimgarter
This transaction will certainly incraese market share of Skrill (Moneybookers) at online-wallets field and add some value and experience to the members of their Team.
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