Prepaid music streaming is no longer a model of the future
“Music is the key” - the digital music industry in particular has enjoyed an enormous boom over the last few years. Specialised streaming services are trending, recording significant growth over the past year: During the first half of 2014, the turnover for streaming services in Germany increased by 91% on those for 2013, and in Austria by four million euros (+60%). Around the world, they now account for 27% of global digital revenues.
paysafecard was early to spot this boom and immediately partnered with Spotify, the world’s leading music streaming service. Any Spotify user wishing to upgrade their free account to a premium account can now pay for their subscription with paysafecard. This makes paysafecard the first prepaid provider to make this possible.
Recently, Spotify reported over 40 million active users and over 10 million paying subscribers. Its repertoire includes more than 20 million songs available to stream via mobile, tablet, laptop and desktop devices. Simply play music anywhere, share with friends, and pay for the premium service without entering sensitive bank details — safe & easy.
It is a service in pace with the times that is currently available in 27 European countries, as well as in Mexico, the USA, Canada, Turkey and Australia. More countries are to follow in future. This partnership perfectly complements the broad range of services already offered by paysafecard and strengthens our presence in this exceptionally interesting and dynamic market.