paysafecard wins in Inaugural Paybefore Awards Europe

Vienna/London, March 23, 2012 – paysafecard was named Best-in-Category for Most Innovative Prepaid Solution at the inaugural Paybefore Awards Europe ceremony at the Gift Card, Gift Voucher & Reloadable Card Summit in London this week. Following in the tradition of Paybefore Awards, which is in its sixth year, Paybefore Awards Europe was created to honour excellence and innovation in the prepaid and stored value card industry in the U.K. and Europe. The awards were presented by Paybefore, whose publications are the leading source of industry information for the global prepaid community. 

“After being nominated the Best Digital Currency at the paybefore awards in Las Vegas, we are honoured to be chosen as Most Innovative Prepaid Solution in Europe as well,” said Michael Mueller, CEO paysafecard group. “This is in recognition on how paysafecard evolved itself to the market leader in prepaid voucher solutions over the past 12 years.”

paysafecard was selected by a panel of four industry experts who served as judges for this year’s competition. 

“Paybefore Awards Europe is about showcasing the companies that are keeping prepaid on the cutting edge of payments,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. 

“Our industry continues to break new ground and expand the reach of electronic payments because of businesses like paysafecard who make innovation and execution a priority,” she continued. “We are proud to recognize its contributions to advancing the prepaid industry in the U.K. and Europe.” 

“Prepaid is the fastest-growing area of payments because it addresses unmet payment needs of consumers, businesses and governments,” added Marilyn Bochicchio, Paybefore’s CEO. “Paybefore Awards Europe recognizes the creativity of prepaid practitioners in developing programs that address these needs more effectively than cash, checks or even other types of payment cards.” 

paysafecard makes online payments as easy as using cash and it offers complete security against data abuse and fraud. Anybody can use paysafecard as no credit card or bank account is required. The voucher functions like a charge card for mobile phones. The 16 digit pin code is all that is needed to make a transaction. The amount paid is then debited from the paysafecard balance, which can be checked online at any time. Over 3,500 online shops accept paysafecard. The vouchers are available at over 350,000 POS-outlets in 28 countries. 


About paysafecard group: The paysafecard group, founded in 2000 in Austria and Germany, operates in 28 countries worldwide with offices in Vienna, London, Lucerne, Buenos Aires, Mexico City and New York. With their successful online prepaid vouchers, the paysafecard group has established itself as Europe’s leading provider of prepaid payment solutions. In 2009 the group won awards for being the ‘Leading Prepaid Organization’ and the ‘Best Prepaid Company outside USA'. For more information, please visit www.paysafecardgroup.com.


About Paybefore: Paybefore is the leading information provider to prepaid and stored value industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of industry publications include: Paybefore.com™, a searchable online news and information portal; Paybefore News™, daily news briefs delivered electronically; Paybefore News International™, a weekly compilation of prepaid news and events from outside the United States; Paybefore Mobile™, a compilation of the hottest mobile payments news; Paybefore Update™, an e-newsletter delivered 20 times a year; Paybefore Legal™, a downloadable e-newsletter covering the legislative, regulatory and judicial developments in prepaid, as well as feature articles by leading attorneys in the field; Paybefore Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and stored value industry; and the only industry directory, Paybefore Buyer’s Guide™, available online and in print. Visit us at www.paybefore.com.