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Skrill announces 29% revenue increase and 30 million customer accounts globally

9 October 2012

LONDON -- (PRESS RELEASE) -- Skrill, a leading provider of online payment solutions, today announces a 29.1% increase on the previous year in revenues for the six months to June 2012.

There are now 30 million registered Skrill customer accounts worldwide, and the number of merchants choosing to offer Skrill as a simple and global payment system has grown to 135,000.

While Skrill continues to perform strongly in its core markets in the U.K. and Europe, expansion into new geographic markets and industry areas has further driven growth. This has been particularly significant in areas such as digital media and online gaming, along with continued expansion in the USA.

Siegfried Heimgaertner, CEO of Skrill, commented, “These figures illustrate how basing our approach on security and simplicity on a global scale, combined with continued product innovation, is accelerating our mission to become the first choice for online payments.

“Moving forward, we will continue to invest in new technology, capitalizing on the growing importance of the mobile payment market, which can already be seen with Skrill 1-Tap, offering consumers instant payments with just one tap across all devices. We have also recently made some strategic acquisitions to expand our product offering. These acquisitions, along with developing our partnerships within the payment sector, will help to ensure that Skrill continues to go from strength to strength.”

Skrill recently acquired payment facilitator payolution, and provider of prepaid vouchers paysafecard.com, the latter of which is currently pending regulatory approval.

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