19 October 2017
Find out more

Paysafecard arrives in Croatia

13 September 2012  |  1872 views  |  0 Source: paysafecard

The internationalisation of Vienna-based paysafecard group continues. With its prepaid voucher paysafecard, the company is now expanding into Croatia.

In Croatia, the law on the regulation of e-money came into force in January 2011. Since then, companies can apply for a licence to issue e-money products such as paysafecard. The paysafecard group has set up a local subsidiary with headquarters in Zagreb, the paysafecard.com D.O.O., which is now authorised to issue paysafecard PINs in Croatia.

Michael Mueller, CEO of paysafecard group, said: "Within the EU, the issuance of e-money is standardised. Outside the EU, the legal framework often differs significantly from one country to another. That's why we are all the more pleased that Croatia has regulated the issue of e-money fully and that we can launch our product here. In view of the upcoming EU accession of Croatia, this is a very important step for us."

Distribution partner Agrokor guarantees dense network of sales outlets

From the very start, paysafecard has an extensive distribution network in Croatia: Through the partnership with Agrokor Group, paysafecard vouchers are available at 1,500 Tisak kiosks across the country. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15726 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8899 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7985 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7100 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6236 views comments | 6 tweets | 3 linkedin

Featured job

Find your next job