LONDON, March 13 /PRNewswire/ --

- Moneybookers Continues to Draw Key Staff From Leading e-Commerce
Companies

Moneybookers, one of Europe's largest online payment systems, is today
announcing the appointment of Ralf Wenzel as Vice President of Sales. The
strategic hire will leverage Wenzel's extensive experience in an online
business environment in order to support and direct the continued growth that
Moneybookers is experiencing in the e-commerce sector.

"Ralf brings invaluable experience in international sales, business
development and account management," comments Martin Ott, Managing Director
of Moneybookers. "Having worked with him at Jamster I have no doubt that
he'll be a major asset to our business and will play a pivotal role in
realising our vision for Moneybookers."

As Vice President Sales, Wenzel will head up global e-commerce sales at
Moneybookers. The company, which provides domestic payment options in over 35
countries and for more than 7,000 online merchants, experienced record growth
in 2007 - primarily driven by new e-commerce merchant integrations. Wenzel
will utilise his experience in e-commerce to support and drive continued
growth and secure global brands.

"Payments are rapidly changing with the growth in e-commerce and
Moneybookers is very well positioned to capture a significant slice of the
market," comments Wenzel. "I'm very excited to be a part of this evolution
and look forward to helping make Moneybookers a household name for online
payments."

While online retailers are continuing to experience strong annual revenue
growth of around 20% and shoppers are increasingly using price comparison
sites to find the best possible prices from a much wider variety of
merchants, ongoing security reports have dented consumer trust. Shoppers are
becoming increasingly nervous about giving out personal information, such as
credit card details, to online merchants. Moneybookers' payment system helps
increase conversion rates for online retailers by removing the need for
shoppers to give out personal information and by providing an unrivalled
network of domestic payment options.

Prior to joining Moneybookers, Ralf was Senior Vice President Sales at
Jamster (a News Corp/Verisign company) where he was responsible for all
global sales, business development and account management initiatives. Key
achievements included signing major deals with global brands such as MTV,
Vodafone and Nokia. Previously, Ralf worked in Sales at Daimler
Chrysler/Mercedes Benz in Latin America. Ralf holds a graduate degree in
Information Technology and graduated with highest honours from Berlin
University.

About Moneybookers

Moneybookers Ltd. (http://www.moneybookers.com) is one of Europe's 
largest online payment systems offering domestic payment options in more than 
35 countries and customer service in 12 languages. With over 4 million account
holders, Moneybookers is one of the largest e-wallets worldwide. Moneybookers
enables any business or consumer to securely and cost-effectively send and
receive payments online, simply by using an email address. In 2007, more than
7,000 merchants used Moneybookers' gateway product, among them global
e-commerce brands such as Skype, Foto.com, and QXL ricardo. Dr. Thomas
Middelhoff serves as the Chairman of the Board. Moneybookers was founded in
2001 in London and is regulated by the Financial Services Authority of the
United Kingdom (FSA).

Media Contact Germany:
    Nora Feist,
    presse@moneybookers.com,
    +49-30-257620515

    Media Contact GB:
    Toby Walsh,
    press@moneybookers.com,
    +44-777-3374545