paysafecard group, leader in Europe in the commercialization of prepaid products for ecommerce, launches in Spain a new prepaid product: Cash-Ticket, which allows the Spanish consumers buy online through the commercial and travel websites that accepts this method, with no compromising theirs personal or banking information

According to information of the company, 70 % of the European population has not a credit card. This means that there is a potential of 330 million consumers in Europe who need alternative payment systems to be able to buy online. This new product, which has already been implemented successfully in 16 countries, supposes an important impulse for the group paysafecard in Spain since now it is able to offer its prepaid systems in business areas leaders in the ecommerce such like the travel sector.

According to the information of the second trimester of 2009 gathered in the report of the Commission of the Market of Telecommunications (CMT), the Operations of ecommerce linked to the travel sector reported 463,3 million Euros, a 12,3 % more with regard to the same period of 2008.

Cash-Ticket has been launched in Spain and it can be used, for example, to buy Brussels Airlines tickets.Cash-Ticket voucher can be bought through 2.500 sales points besides the Telefónica street booths. The system provides a PIN with numbers to be used in a safe and quick way. The user can control his balance and the online transactions done.

The Cash-Ticket buy includes the activation quota of 2 Euros for the consumer, the same whatever the value of the voucher is; there is no other spends or extra charges during the first year of purchasing.

The ecommerce in Spain has registeredavolume of 5.362 million, a 12% more than the previous year, according to 'Observatorio Nacional de las Telecomunicaciones y Sociedad de la Información'.

About paysafecard group:

paysafecard group commercializes prepaid products that the consumer can buy through more than 230.000 selling points - 98.000 in Spain- and allows him to buy online products or services without revealing personal or banking information. The main products of paysafecard group are: paysafecard and Cash-Ticket.

In Spain, paysafecard can be adcquired in several sales points: Opencor, Telecor, Post Office Correo, Newstands, Telefónica booths and the Caixa Galicia cash dispensers.

 The company has done 35 millions of transactions only in 2009. Paysafecard group has its own E-Money license and works in 23 European countries and Argentina.

The group has been awarded for its innovation and development of new prepaid products, as the Best Prepaid Non-US Program in the Pay before Awards 2009 and the 2009 Leading Prepaid Company in “The Prepaid Awards 2009”.