Skrill (Moneybookers), buys the prepaid voucher company paysafecard.com from Austria. Skrill will combine the 2 companies products within the 31 countries where they operate. 

 

paysafecard is a prepaid electronic payment method that helps those without access to a credit card or bank account (or those who do not wish to provide card details on the internet for security reasons) make purchases online. They do this by visiting one of the 450,000 offline and online retail outlets linked to paysafecard and converting their cash into electronic money in the form of eVouchers.

 

Upon completion of the acquisition, Skrill Group’s 560 employees will be added with 150 new talented members of staff, mostly based in Vienna.