Roland Schaar is new CIO at paysafecard.com Wertkarten AG

10 February 2011 Vienna/Berlin - Roland Schaar, previously at Österreichische Volksbanken AG (ÖVAG), has taken over the position of Chief Information Officer (CIO) at paysafecard.com Wertkarten AG.

Roland Schaar’s (39) career thus far has seen him gain international experience in IT consulting at the consulting firm Accenture. After his time there, he became Managing Director of VBIT Service GmbH – a subsidiary of ÖVAG – and eventually Department Head for Organisation & Transformation Management at ÖVAG.

Born in Carinthia, he completed his education at John Hopkins University in Baltimore, Maryland, USA as well at the University of Graz and Graz University of Technology, Austria.

"Roland Scharr possesses proven expertise in IT and project management. We are very pleased to welcome him on board. The knowledge he brings will support us in the continued development our products and systems and in making them even more customer friendly," says Michael Müller, CEO of paysafecard.com Wertkarten AG.

In his role as CIO, Schaar will head the entire IT department of the company and report to the board. In addition to the software development of paysafecard.com Wertkarten AG products, the area includes quality management, technical support for partners, IT security and the running of the high-availability IT infrastructure.

Commenting on this, Roland Schaar, CIO of paysafecard.com Wertkarten AG, says: "After many years in the banking industry, my new role at a payment method provider is an exciting challenge for me. My team and I will be stewarding many interesting projects over the coming months. IT plays a central role at payafecard.com Wertkarten AG in supporting its constant growth as well as in implementing innovations."


About paysafecard:

paysafecard.com Wertkarten AG (holding of the paysafecard group) is based in Vienna with subsidiaries in London, Bern, New York, Mexico City and Buenos Aires, among other places. The company was founded in Austria and Germany in 2000. The company is now present in 27 countries at over 300,000 sales outlets in Europe and America with its core product paysafecard. paysafecard is a prepaid online payment solution which anyone can use. No bank account or credit card is necessary. All that’s needed to make a payment transaction is the 16-digit paysafecard PIN. The prepaid payment solution can be used at 3500 online stores. The company has become the European market leader in prepaid payment solutions with its four brands: paysafecard, Cash-Ticket, YUNA and Happy Schenkcard. In 2009, it was awarded a Paybefore Award for Best Prepaid Company Outside USA as well as a Prepaid Award for Leading Prepaid Organisation 2009.