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Online payment provider Skrill acquires paysafecard.com

29th June 2012 8:55 am GMT

Online payment provider Skrill has enhanced its product portfolio with the acquisition of Austrian prepaid voucher provider paysafecard.com Wertkarten AG for a total consideration of up to €140m.

In what the company describes as the biggest deal in its history, Skrill (formerly Moneybookers) said that the strategic acquisition will transform the company’s offering for both merchants and end-users by combining its digital wallet service with prepaid solutions available in 31 countries.

“We are [...]

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