Skrill Nabs Two Gaming Awards, Acquires Paysafecard

Posted on: February 18, 2013, 02:03h. 

Last updated on: February 18, 2013, 02:11h.

It was a banner week this past week for payment services provider Skrill – Moneybookers Ltd., as they further solidified their position as the premier provider of online payment services for the gaming industry.

First up, they picked up the “Payment Solutions Provider Company of the Year” honor at the 2013 International Gaming Awards, held February 4th in London, England. The judging for the award considered such factors as the speed and ease of use of the payment provider’s service, as well as their innovation in the field, and how they’ve improved their service over the past year.

Skrill added to their hardware haul on February 8th at the iGB Affiliate Awards, picking up the award for “Best Payment System”. Also taking place in London, the shortlist of nominees was decided by user votes, with the final nominees being judged by a panel of iGaming experts. Skrill was given the award on the merits of their reliability and high standards, their low processing fees, and their excellent customer service.

In a press release following their award wins, Skrill SVP of Sales and Marketing, Craig Doyle commented: “As the payment industry becomes ever more competitive, we are proud to be recognized as the best payment solution within the gaming sector. As Skrill continues to innovate and grow throughout 2013, we will be looking to build on our achievements and consolidate our position as a leading provider of online payment solutions.”

That quote proved to be instantly prophetic, as Skrill wasted little time in growing and enhancing their status as the leading payment provider, completing their acquisition of Paysafecard the same day they picked up the second of their iGaming awards.

Europe’s leader in prepaid online payments, Paysafecard is available in 33 countries and more than 450,000 locations throughout Europe, North America, and South America, and can be used to purchase goods at more than 4,000 online stores without the need for a bank account or credit card. Paysafecard processed more than 55 million transactions in 2012.

The acquisition gives Skrill’s customers a powerful and simple way to fund their accounts and pay for goods and services, and will prove especially valuable for customers in underserved countries, where banking and transaction processing options are limited.

“For both sides this is a strategically important acquisition and we are pleased it is now finalised. Paysafecard complements our current offering and strengthens our position in the key gaming and digital media markets verticals, establishing us as a provider of end-of-end transfer of stored value,” said Skrill CEO Siegfried Heimgaertner. “This is another significant step towards our long-term ambitions to become the first choice for online payments, helping our end-customers and merchants to pay and get paid globally.”

Now we can only wait and see what Skrill can conjure up for an encore in the weeks and months to come. If it’s anything like their performance this past week, it should be rather impressive.