Prepaid payments specialist paysafecard has appointed Berny Sagmeister as vice president of new business.

Berny Sagmeister

Sagmeister will be responsible for the development of the online merchant and partner network as well as for the implementation of the sales strategy for new market segments.

He joins paysafecard from EMI Music/Universal Music where he has developed new market segments, such as the streaming market for Universal Music. Sagmeister has previously worked in management positions at mobile phone providers such as TELE2 Austria, Orange Austria and Telekom Austria.

Udo Müller, CEO of paysafecard, said: “New business is an important factor for the continuing expansion of paysafecard and for strengthening our global leadership position.

“With his experience and assertiveness, Berny Sagmeister will be an important part of the team that drives this expansion.”