Dr. Hartwig Gerhartinger from paysafecard appointed to the board of Prepaid International Forum (PIF)

Vienna, 05 May 2015 - paysafecard, the Vienna-based global market leader in prepaid online payment methods, and member of Skrill Group, a worldwide provider of online payment technologies, announces that Dr. Hartwig Gerhartinger (36), Senior Legal Counsel at paysafecard, has been selected to join the governing body of the Prepaid International Forum (PIF). As a not-for-profit trade association, PIF represents the global prepaid industry and the interests of all its member organisations. The forum acts as an interface between industry, governmental and regulatory authorities, consumer organisations and the media, with the objective of advancing the relevance and use of prepaid payments.

Born in Graz, Austria, Gerhartinger has worked at paysafecard since 2012 as an expert in electronic payments, e-money, data privacy and AML legislation. In his role as Senior Legal Counsel, he works closely with the executive board on all regulatory matters, analysing and evaluating the effects of draft laws and acts of law on both a European and international level. Gerhartinger wrote his doctorate on regulatory and civil law aspects of electronic money. He is the author and co-author of numerous publications in the fields of financial services law and IT law, and is also a guest lecturer at University Krems.

Hartwig Gerhartinger on his new role as a non-executive director at PIF: “For the past two years as Chairman of the PIF AML Working Group, I’ve been responsible for legal assessment and continuing updates on legal developments in the area of money laundering. As a new member of the PIF board, I look forward to bringing my know-how and experience in the area of electronic payment and prepaid services to work even harder on the strategic development of PIF.”

Craig James, Chairman of PIF, looks forward to the latest addition: “Gerhartinger brings comprehensive industry knowledge and leadership expertise to our already exceptional board. I’m certain he will contribute enormously to further strengthening our position as a vigorous and integral representative of prepaid institutions, and increase the added value for our members even further.”

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 40 countries at over 480,000 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, my paysafecard, paysafecard Mastercard® and YUNA.

paysafecard has received numerous awards over the years. These include the Paybefore Award in the categories of "Best Digital Currency", "Best Virtual or Digital Program" and "Top Digital Dollars", as well as in the newly created category “Consumer Value” in early 2015. paysafecard has also been awarded the Paybefore Award 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 of 2013. Like paysafecard on Facebook, visit us on Google+ and YouTube, follow us on Twitter  and get informed on our Corporate Blog.

Media contact:

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