Store this angel in big sizepaysafecard obtains FSA licence for arising cyberbanking money
London/Vienna, 4th of June 2008 – paysafecard, Europe’s arch web banknote account for the internet, has been accepted its own licence to affair cyberbanking money. The e-money licence, issued to paysafecard.com bound by the Financial Services Authority (FSA) on the 30th of May 2008, will anon be continued EU wide, authoritative paysafecard added absolute from cyberbanking institutions and accordingly facilitating added accelerated amplification above Europe and beyond.
The requirements for organisations applying for the e-money licence are actual stringent. Only companies that abide active banking auditing and accommodated the austere belief apropos to systems and basement are acceptable to access the e-money licence.
Michael Mueller, CEO of the paysafecard group, states: “For us as an internationally operating company, the e-money licence is an astronomic footfall forward. We will optimise our amount alternation and accretion greater abandon in the bazaar through the licence. Obtaining it is one of the better milestones in the eight-year history of our company.”
David Hunter, CEO of adapted UK subsidiary, said “Our barter will account from the accord of apperception that clashing the banks, we are answerable to advance 100% banknote awning of their funds. Our geographic amplification allows us to abundantly advice the 400m Europeans who currently don’t accept a agenda with which to buy online”
Internationalisation is one of the capital cardinal objectives for the paysafecard group. paysafecard’s prepaid-web-cash account is already accessible in 10 countries. It was alone in February 2008 that paysafecard stepped into the markets of Switzerland, the Netherlands and Belgium – through accepting the e-money licence, this amplification will now be accelerated further.
Media contact:
Braun Europe Limited
1 Lower John Street
London W1F 9DT
Sarah Cardaun
sarah@braun-pr.com
phone: +44 (0)20 7297 3311
About paysafecard:
For added than eight years, paysafecard is Europe’s favourite safe and easy-to-use addition prepaid transaction adjustment for e-commerce. It is accessible in 10 countries throughout Europe. The accolade win-ning paysafecard band-aid is advised for users who don’t accept a acclaim or debit agenda or who don’t ambition to use their acclaim agenda for online purchases and added micro payments in the internet. Users sim-ply accredit a transaction by entering a PIN code, agnate to the arrangement acclimated with prepaid buzz cards. Thousands of e-businesses are benefiting from new barter by alms this safe and defended pay-ment solution. Paysafecards are accessible in £10, £25, £50 and £75 vouchers at added than 18,000 PayPoint™ Locations in the UK. For added information, amuse appointment www.paysafecard.com
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