Christopher Russell Appointed as Chief Executive Officer of Skrill USA

NEW YORK, Oct. 1, 2014 /PRNewswire/ -- Leading digital payments company Skrill today announces the appointment of Christopher Russell as Chief Executive Officer (CEO) of Skrill USA, Inc.  Christopher joins Skrill from World First, where he held the position of President and CEO for World First USA. He will lead all of Skrill's US operations, empowering businesses and consumers to process safe, convenient and secure payments through innovative digital technologies.  Christopher replaces Neil Steinhardt, who has left Skrill to pursue other opportunities.

Skrill has over 13 years' experience of enabling digital payments in Europe and has been building its presence in America over the last year. In November 2013, the company announced that it had been approved by the New Jersey Division of Gaming Enforcement (DGE) and was the first company to offer a digital wallet for regulated gambling in the state of New Jersey. In his new role as CEO of Skrill USA, Russell will leverage his expertise in the payments space to further establish Skrill's brand in the US by deepening both customer and partner relationships.

Skrill Chief Executive Officer, Siegfried Heimgaertner, comments, "Christopher has influenced the development of some of the most significant organizations in the US payments space, including Western Union Business Solutions, Travelex Global Business Payments, First Data and Global Payments.  With this experience under his belt, combined with a track record of building partnerships that enhance technology leadership and customer experience, I am confident that our US business will go from strength to strength."

Christopher Russell concludes, "The US payments market is complex and lags behind Europe, but Skrill has the technological expertise to help both businesses and consumers make the most of the digital economy. Supported by a visionary and committed management team, Skrill's growth potential is explosive. I look forward to leading the company's rapid development as we increase our reach into the US market and meet the needs of our American customers."

About Skrill
Skrill is one of Europe's leading online payments companies and among the world's largest independent digital wallet providers with 36 million account holders. Skrill 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 preferred 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.

For more information please visit www.skrill.com.

Please contact:
Victoria Gavaza
Skrill Team at Burson-Marsteller
[email protected] / 617-912-5406

SOURCE Skrill