Neil Steinhardt appointed as CEO of Skrill USA

LONDON--(BUSINESS WIRE)--Skrill, one of Europe’s largest online payment providers, has appointed Neil Steinhardt, Managing Director of paysafecard.com USA Inc, as CEO of Skrill USA, Inc. The appointment is a pivotal step in Skrill’s ongoing commitment to growth in the rapidly expanding North American market.

“This is an opportunity to work with one of the most forward looking companies in the payment space”

Steinhardt brings valuable payment processing experience to the role from his previous positions within major corporations, including the skills and capabilities gained from opening up the US market for Vienna-based paysafecard. His knowledge of the American payments market attained through previous senior roles as VP of Product & Services for Via One and VP of Product Management at IPP of America will prove to be crucial in his new role at Skrill USA.

As CEO, Steinhardt will be responsible for the management and continued growth of Skrill and paysafecard USA. paysafecard has a strong foothold of 50,000 distribution outlets in the USA, and Steinhardt will be essential in making Skrill’s acquisition of paysafecard.com successful for all parties in the USA. As a result, he will also be heavily involved in shaping the evolution of e-wallets in the USA.

His objectives are to oversee the successful consolidation of the two enterprises (Skrill USA and paysafecard.com USA) through centralised activities in New York, while guiding the strategic direction of both companies and further developing its go-to-market model.

“This is an opportunity to work with one of the most forward looking companies in the payment space,” commented Steinhardt, the new CEO of Skrill USA. “This move comes at a great time with the success Skrill is already experiencing in the US market. I am looking forward to continuing to leverage the scale that we have in Europe to make a positive impact in the US market.”

Siegfried Heimgaertner, CEO of Skrill, also commented: “The US digital payments market is growing at a very fast pace and this presents a great opportunity for Skrill. With the appointment of a CEO who has significant experience in this market, we are well placed to take advantage of that opportunity and can continue to grow our business as well as deliver value to our partners.”

- ENDS –

About Skrill

Skrill is one of Europe's largest online payments systems and among the world's largest independent digital wallet providers with 30 million account holders. The Skrill Digital Wallet enables any customer to make online payments conveniently and securely without revealing personal financial data, as well as send and receive money online cost-effectively. Skrill’s mission is to become the first choice for online payments.

Skrill’s worldwide payment network offers businesses access to direct payment processing via 100 payment options in 200 countries and territories and 40 currencies through just one integration. Allowing everyone to pay and get paid globally.

Founded in 2001, Moneybookers Limited, now trading as “Skrill”, was the first e-money issuer to be authorised and regulated by the FSA. In 2007, Investcorp Technology Partners undertook the buyout of the company from its founders.

For more information, visit www.skrill.com.

About paysafecard

paysafecard.com Wertkarten AG, founded in 2000 in Austria and Germany, has established itself as Europe’s leading provider for prepaid payment solutions. The paysafecard product is available in 33 countries worldwide and available at more than 450,000 outlets across Europe and America. In 2012 the company won the Paybefore Award for being the ‘Best Digital Currency’ and the Paybefore Award Europe for being the ‘Most Innovative Prepaid Solution’.

For more information, visit www.paysafecardgroup.com.