AC Milan Announces Skrill as Its Official Global Payments Partner

AC Milan and Skrill have today shared details for the first time of the four year partnership deal they recently signed which sees Skrill become the Club's Official Global Payments Partner.

Although the deal was signed some weeks ago, and the Skrill name has already appeared in the San Siro stadium on several occasions, both parties were reluctant to talk about marketing activities at a time when both the Club and Italy were enduring the devastating arrival and impact of the COVID-19 outbreak. Instead, both Skrill and AC Milan refocused their efforts and found ways to support the local community, putting the partnership activation plans on a temporary hold.

While the COVID-19 crisis is far from over, following the return to training last week, the two companies feel the time is now right to talk more about their collaboration and their hopes for players and fans as football starts to make a gradual come back.

Founded in 2001, Skrill is a leader in digital payments. It offers a multi-currency digital wallet with a prepaid card which provides instant access to online funds and the ability to use your Skrill balance wherever you are. Skrill customers can also send money to their contacts, make international money transfers as well as buy and sell interests in cryptocurrencies. Skrill is part of Paysafe, a leading specialised payments platform.

Skrill has a track record of supporting football as well as other popular sports and identified AC Milan as an ideal partner, given the highly relevant profile of the team's fan base and followers around the world, combined with the general popularity of digital wallets and prepaid cards as payment methods in Italy.

As part of the partnership agreement, Skrill has become the preferred payments partner for AC Milan merchandise sales and is a live payments option on its international online store which serves fans around the world. The partnership also means that Skrill branding will be prominently displayed at all AC Milan home matches and promoted on an ongoing basis across the club's online channels including its website and official App, as well as its hugely popular social media channels.

Skrill has additionally been integrated into Vivaticket giving fans the option of using Skrill's digital wallet when buying match tickets and other AC Milan experiences once they resume.

According to Skrill CEO, Lorenzo Pellegrino an Italian national, "It has been heart-breaking to see this devastating situation unfold in my home country and then around the world and the timing just wasn't right to talk about our partnership. Instead, we refocused our efforts on supporting the local community and dropped our fees on our Skrill money transfer service for anyone who wanted to send money to loved ones in Italy from outside of the country.

Pellegrino added: "Now, in the hope that football is going to make some sort of comeback in the not too distant future, we feel the timing is right to talk openly about our deep support of the Club. I'm confident there will be good times ahead and we will emerge from this crisis stronger and more resilient than ever. We're absolutely thrilled to be the Club's new payments partner and will continue to seek ways to add value to the Club's payment ecosystem."

Casper Stylsvig, AC Milan's Chief Revenue Officer added: "We are delighted to welcome Skrill to our growing family of partners and look forward to promoting its leading digital payments offering to our millions of fans and followers around the world. We share many synergies with both of our organisations being driven by ambition, focus and results. As we look to the future and an on-pitch return, we are committed to working closely with Lorenzo and his team to make this a winning partnership for all concerned. Bringing global brands such as Skrill on board is an integral part of our strategy to bring this club back to where it deserves to be."

Skrill branding was first activated in the San Siro stadium in February and has already driven significant incremental traffic to Skrill's website and social media channels.

To get hold of a Skrill digital wallet or prepaid card or to find out more about Skrill's free money transfer offer, please visit www.skrill.com

NOTES TO EDITORS

About Skrill
Skrill has been making digital payments simple, secure and quick since 2001. We're an acknowledged world-leader in developing global payment solutions for people's business and pleasure, whether they're buying online or sending money to family and friends. We also meet the needs of businesses worldwide, helping them build a global customer base and drive growth.

About Paysafe
Paysafe Group (Paysafe) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of over US $85 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

Visit us at www.paysafe.com.