21.08.2019

paysafecard announces sponsorship of Red Bull M.E.O.

Paysafe Group further strengthens focus on esports and mobile gaming space

Vienna, Austria, 21 August, 2019 – paysafecard, part of leading global payment provider Paysafe Group, announces its sponsorship of the forthcoming 2019 event series Red Bull Mobile Esports Open – a global mobile gaming competition where players from 36 countries compete for the title of the best player in the world in Clash Royale, Brawl Stars and Hearthstone. paysafecard’s sponsorship will be live in Austria, Germany, Greece, Spain and Italy.

Red Bull M.E.O. competition consists of online and offline qualifying rounds taking place over three months, culminating in an iconic offline finale. The event sponsorship represents the latest development in paysafecard’s engagement in esports with a move into competitive mobile gaming.

As two strong global brands originating from Austria, Red Bull and paysafecard have both demonstrated their commitment to advancing innovation in their respective fields. paysafecard provides gaming enthusiasts with a simple and safe way to pay online using cash and has been serving the gaming community since it was founded in 2000. paysafecard now has a global network of over 650,000 distribution outlets in almost 50 countries.

According to industry figures, the number of active mobile gamers is expected to increase from 1 billion today to 1.24 billion people in 2023.

Udo Mueller, CEO of paysafecard, comments: “At paysafecard we aim to enhance our partnerships with the strongest stakeholders in esports. Our vision is to support the growth of esports through these collaborations. We have a very strong connection with esports and the broader gaming industry, offering an indispensable service to gaming enthusiasts for nearly two decades.”

 

About paysafecard

paysafecard, market leader in online prepaid payment solutions, was founded in 2000 and is headquartered in Vienna. paysafecard is part of the international Paysafe Group, which provides a broad portfolio of innovative payment solutions and services. paysafecard offers prepaid and online cash solutions under the brands paysafecard, my paysafecard, paysafecard Mastercard ® and Paysafecash. Available in over 650,000 sales outlets in almost 50 countries, paysafecard enables simple and secure online transactions with cash. By using a 16-digit paysafecard PIN, customers do not need an account or credit card to pay on the Internet, protecting their confidential financial information. In 2018, paysafecard developed Paysafecash, with which customers can shop online first and then pay securely for their purchases with cash offline at the next payment point. Paysafecash is already available in more than 20 countries. In 2018, paysafecard reached a transaction volume of more than 3 billion euros.

About Paysafe Group

Paysafe Group (Paysafe) is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions.

With over 20 years of online payment experience, an annualized transactional volume of over U.S. $85 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

Visit us at www.paysafe.com.

For media enquiries, please contact:

Sanna Raza

Corporate Communications Manager, DACH, Paysafe Group

E: sanna.raza@paysafe.com M: +43 676 765 7202