For the fifth year running, paysafecard the global market leader in the field of online prepaid payment methods based in Vienna, has achieved a top position among the country's business giants at the ‘Austrian Leading Companies’ awards coming second in the 'Best Internationally Active Company in Vienna’ category. The company is part of leading global payments provider Paysafe Group.
The prize was awarded on 28 November at a gala event in Baden, near Vienna, and highlights the continuing success and rapid growth of paysafecard. At last year’s award ceremony, paysafecard took 1st place in the Internationally Operating Companies category.
Now in their twentieth year, the ‘Austrian Leading Companies’ awards is still one of the most important awards relating to the Austrian economy. The criteria for internationally active companies include having a relevant international corporate structure, products and services of global significance, a high export share, international operations and a diverse portfolio in the market.
Udo Müller, CEO of paysafecard, commented on the accolade: "I was in my mid-20s when I co-founded paysafecard. We wanted to fill the gap in the digital payments market by enabling cash purchases on the internet which give everyone access to online services and the burgeoning digital marketplace. This award is for this vision and for the 250 paysafecard employees who give their best every day to help us achieve this goal worldwide.”
The ‘Austria’s Leading Companies’ prize is judged and ranked by the daily newspaper Die Presse, PwC Austria and KSV 1870. The decision-making criteria include the balance sheet figures and the economic performance of the applicants from the previous four years, which are analysed using a specially developed key figure model. These factors indicate the stability, growth and prospects of the company, and its commitment to the Austrian economy.
Founded in 2000, paysafecard (paysafecard.com) is a market leader in online prepaid payment methods and part of the broad portfolio of innovative payment solutions and services offered by the Paysafe Group. It operates under the brands of paysafecard, my paysafecard, paysafecard Mastercard® and Paysafecash. Available in over 600,000 outlets in nearly 50 countries worldwide, paysafecard enables easy and secure online purchases over the internet as payment is made using a unique, 16-digit paysafecard PIN and customers do not need to share sensitive financial data such as bank account or credit card details online. Headquartered in Vienna, in 2017 paysafecard achieved prepaid merchant transaction volumes of 2.8 billion Euro.
About Paysafe Group (Paysafe)
Paysafe Group (paysafe.com) is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions.
With over 20 years of online payment experience, an annualized transactional volume of over US $80 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world.
Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.