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Skrill completes acquisition of paysafecard.com

11th February 2013 10:12 am GMT

Online payment provider Skrill has completed the acquisition of Austrian prepaid payments business paysafecard.com Wertkarten AG.

Skrill, which has acquired the company for a total consideration of up to €140m, said that the deal represented a “hugely significant step forward” for the company as it expands its position as one of the world’s largest digital wallet providers.

“For both sides this is a strategically important acquisition and we are pleased it is now finalised,” said Skrill CEO [...]

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