Berny Sagmeister joins paysafecard as Vice President of New Business

Vienna/London, 22th October 2014 - paysafecard, a global leader in prepaid payments and a member of the international Skrill Group, is continuing its expansion with the appointment of Berny Sagmeister. As Vice President of New Business, Sagmeister brings his vast experience in the areas of sales and business development to paysafecard. In his new role, Sagmeister (41) will be responsible for the development of the online merchant and partner network as well as for the implementation of the sales strategy for new market segments.

Sagmeister joins paysafecard from EMI Music / Universal Music where he has successfully developed new market segments such as the streaming market for Universal Music. Not least because of his latest role as Head of Digital Sales and Business Development for Germany, Austria and Switzerland, Sagmeister is familiar with the digital world. Previously, Sagmeister has worked in management positions at mobile phone providers such as TELE2 Austria, Orange Austria and Telekom Austria.

“I see my personal strengths in the development and realisation of visions and strategies to leverage successful business models, whilst benefiting innovatively of changing markets to reach our goals," said Berny Sagmeister.

Udo Müller, CEO of paysafecard, concluded: “New business is an important factor for the continuing expansion of paysafecard and for strengthening our global leadership position. With his experience and assertiveness, Berny Sagmeister will be an important part of the team that drives this expansion. I am very pleased that Berny is bringing his skills and enthusiasm to paysafecard.”

About paysafecard:

paysafecard.com Wertkarten GmbH (Holding of all paysafecard companies), www.paysafecard.com, is based in Vienna with subsidiaries in London, Düsseldorf, Lucerne, New York, Mexico City and Buenos Aires, among other places. The company was founded in Austria and Germany in 2000 and is a 100% subsidiary of the Skrill Group. The company is now present in 39 countries at over 450,000 sales outlets worldwide with its core product paysafecard. paysafecard is a prepaid online payment solution which anyone can use. No bank account or credit card is necessary. The paysafecard 16-digit PIN is all that's needed to complete a payment transaction. paysafecard can be used at thousands of online shops. The company has become the European market leader in prepaid payment solutions with the brands paysafecard, YUNA and Happy Schenkcard. paysafecard has received numerous awards over the years. These include Paybefore Awards in the categories of "Best Digital Currency", "Best Virtual or Digital Program" and "Top Digital Dollars", as well as Paybefore Awards Europe in the categories of "Most Innovative Prepaid Solution" and "Consumer Champion". In 2014, The New Economy recognised paysafecard as one of the 40 most innovative companies in 2013.

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Media contact: Robert Bauer, asoluto public + interactive relations | presse@paysafecard.com | +43 1 533 36 53-60