28.01.2016

paysafecard relaunches app with even more services for the “cash for the internet”

London/Vienna, 28 January 2016 – paysafecard, the global market leader in prepaid online payment methods and member of Paysafe Group Plc, has, following comprehensive usability tests, updated its app to meet concrete user requests regarding its visual layout, as well as adding additional services and extended features.

All essential features are displayed on the app’s home screen, allowing users to immediately access those services they need from the entire range available:

  • Sales outlet finder with augmented reality feature 360° paysafecard, which displays all sales outlets in the immediate vicinity in 360° mode.
  • Balance check for a complete overview of all payments.
  • Log-in to my paysafecard payments account for managing users’ complete paysafecard balance as one.

Additional features available in the app:

  • Smartwatch (Google Wear) for finding the nearest sales outlet.
  • Help & info: all the answers to the most important questions about paysafecard.
  • Promotions & competitions.

As a global driving force behind continued digital development, paysafecard is proud that the relaunch was naturally implemented using only an in-house team and know-how. Udo Müller, CEO of paysafecard, accordingly views this step positively: “The use of mobile internet and all its facets is progressing swiftly. Payment processes are as integral to this as the range of digital entertainment available — for which paysafecard is particularly popular as a payment method. For this reason, the paysafecard app is of central significance to the continued evolution of our business. That’s why we have intensively invested in its further development.”

Gartner and Jupiter Research Institute calculates that 450 million users will already be using mobile devices for payments in 2016. The Bank of America estimates the transaction volume completed via mobile devices in 2016 to be 721 billion USD. With its use of fingerprint scanning for verification purposes paysafecard is on trend: According to the German digital association Bitkom, such methods are already completely acceptable to 58% of users, whereby young target groups (14-29) are even more open-minded (67%).

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 and Buenos Aires, among other places. The company was founded in Austria in 2000 and is part of Paysafe Group Plc, which is listed on the London Stock Exchange’s Main Market under the stock ticker symbol PAYS.

The company is now present in 42 countries at over 500,000 sales outlets worldwide with its core product paysafecard. paysafecard is a prepaid online payment solution issued and operated by Prepaid Services Company Limited, Part Floor 27, 25 Canada Square, Canary Wharf, London E14 5LQ, United Kingdom. Anyone can use paysafecard; 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 and paysafecard Mastercard®.

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.

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