Paysafecard.com Ltd., issuer of the prepaid solution paysafecard, has changed its trade name to Prepaid Services Company Ltd. with immediate effect.
Michael Mueller, CEO of the paysafecard group, explains the reasons for the change: "Our renaming is undertaken in a time where prepaid options for e-commerce are becoming increasingly well-known and popular among Internet users because they are very secure and easy to use. The name Prepaid Services Company Ltd. reveals more about the nature of our payment solution than the old name. Furthermore, our new name will make it easier to market future payment products in addition to our classical product paysafecard."
The paysafecard group has seen tremendous growth in the last months. The Austrian based company has expanded throughout Europe and is now available in Austria, Germany, UK, Ireland, Spain, France, Slovakia, Greece, Belgium, Slovenia, Switzerland, Portugal, the Netherlands, Poland, Denmark and the Czech Republic. In 2008 there were 15 million transactions using paysafecard.