SafeCharge selected by online travel agency Anywayanyday for payment services

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that it has been selected by online travel agent (OTA) Anywayanyday to provide payment services. Anywayanyday was looking to improve transparency and control around its payments, to better combat fraud and improve business efficiency. As part of the collaboration SafeCharge will be providing card acquiring, enhanced back office and financial reporting, improved resilience, with unparalleled availability, and travel-specific fraud protection. The announcement builds on the continued growth of SafeCharge in the travel sector with wins such as El Al Airlines.

The travel industry is increasingly demanding, with the traditional agency model giving way to a digital-first approach with OTA’s like Anywayanyday growing rapidly. These OTAs are not only accepting payments from consumers across an increasingly multi-channel environment – especially as mobile becomes more popular – but also need to reconcile payments with their travel partners: airlines, hotels, tour operators, etc. The delay between booking the service and the use of that service (often months) creates risk as the card used for the initial booking may later be found to be fraudulent when the full transaction is settled.

Furthermore, OTAs are subject to frequent fluctuations in transaction volumes, creating a need for a payments platform with continuously high uptime. Businesses operating within the travel sector run the risk of incomplete transactions, reducing bottom lines and increasing customer churn if the payment system cannot meet this need.

Yuval Ziv, COO, SafeCharge, said:

“The travel industry is transforming as traditional players and digital platforms collide. This means that existing payment solutions aren’t fit for purpose in many cases. We’re invested in transparent, resilient and highly secure payment services, designed specifically for the travel industry to meet its challenges head on. Anywayanyday is a major win for us as we grow our footprint in the sector and it is a testament to the effectiveness of our services.”

Evgeny Shukhlin, CEO, Anywayanyday states:

“As the market becomes more demanding, clear and concise financial reporting is critical to business performance. The ability to drill-down as far as a single transaction will give us the transparency we need when working with multiple partners across different geographies over extended time frames. The unparalleled uptime of SafeCharge ensures we’re always open for business, and the simple yet sophisticated fraud solution – managed from a single point – safeguards our customers and our partners. This level of transparency and control is unprecedented, in our experience. SafeCharge has put us back in control of our payments.”

SafeCharge enables payments for innovative marketplace Funzing

Innovative sharing economy marketplaces to benefit from wide array of payment technologies and services

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that it is providing its payments technology to Funzing, an innovative sharing economy marketplace.
Funzing is a community marketplace that connects hosts that have created unique experiences with members of the public looking for an unusual way to use their free time. The organisation operates across three primary markets including United Kingdom, Israel and Singapore.

This marketplace faces multiple challenges related to payments including: accepting payments from global consumers and disbursement of payments to hosts. In addition, the marketplace demands a reliable payment service that is essential to serve its loyal community. Detailed reporting and analytics are key capabilities for optimising the marketplace checkout journey.

Yuval Ziv, COO, SafeCharge, said:

“Marketplaces will continue to grow in both number and size as an effective way to directly connect buyers and sellers. SafeCharge has identified these demanding businesses as strategic clients and is committed to facilitate their payments ensuring they meet buyers and sellers needs, are fully secure and address applicable regulation requirements. Funzing is an innovative sharing economy platform and we are excited to facilitate payments for this fast growing market.”

Avigur Zmora, Founder, Funzing states:

“One of our biggest challenges is meeting the needs of buyers and sellers that want to use diversified payment options. SafeCharge has provided a transparent, highly resilient and always-available payments solution – without passing the complexity on to us.”

SafeCharge expands into Asia Pacific and joins UnionPay International

Company opens Singapore and Hong Kong offices to support expansion

SafeCharge (AIM: SCH), a leader in advanced payment technologies, today announced that it has opened an office in Singapore and a satellite office in Hong Kong.

In addition to its new offices, SafeCharge has become a member of UnionPay International, a subsidiary of the fast-growing global payment network China UnionPay which is extensively used by Chinese shoppers domestically and internationally.

Mr. Willy Kwa has been appointed as Regional Director and Head of APAC Business and will be based in the Singapore office. With approximately 20 years’ experience in the payments sector gained at companies such as DBS Bank and NETS, Mr. Kwa is well-equipped to spearhead the Company’s growth in the region, with a clear mandate to provide the highest levels of customer service as well as establish and maintain relationships with local and international technology, payment and banking partners.

David Avgi, CEO, SafeCharge, said:

“Establishing offices in Singapore and Hong Kong will enable us to grow our footprint in the region and provide local card acquiring and alternative payments for domestic and international businesses that serve customers in Asia Pacific. Our membership of UnionPay International means that we are able to help European merchants accept this fast growing payment method and support the dramatic demand for cross-border transactions in an increasingly global market.”

Willy Kwa, Regional Director and Head of APAC Business stated:

“The Asia Pacific region not only has the largest e-commerce market in the world, but now represents more than half of all e-commerce spend globally, with its lead set to only grow further. In addition, companies like Ant Financial and AliPay demonstrate that domestic innovation is rapidly going global and dramatically altering the macro payments landscape. A local presence is essential in order to stay ahead of the innovation curve, support customers internationally and accelerate our growth.”

BET Entertainment Technologies selects SafeCharge payment services for regulated sports betting in Portugal

SafeCharge (LON:SCH), a leader in advanced payment technologies, has been selected by Bet Entertainment Technologies to provide a range of advanced online payment services for its Portuguese market-leader operation (bet.pt). Powered by software provider SBTech and regulated by the SRIJ, Bet Entertainment Technologies provides online sports and casino betting for the Portuguese market. The deposit and withdrawal journey for Portuguese players is enriched with access to localisation capabilities such as language, currency and local payment methods.

SafeCharge’s Personalised Cashier, a customised deposit and withdrawal solution, is directly integrated into SBTech’s Sportbook and iGaming platform. The Personalised Cashier solution provides the ability to make deposits and withdrawals seamlessly with unique localisation capabilities such as diversification of global and local alternative payment methods, specifically preferred payment method Multibanco, multiple currencies and languages. Sophisticated fraud prevention technologies improve Bet Entertainment Technologies’ internal risk operations across both cards and alternative payment methods.

SafeCharge’s integration into SBTech’s platform accelerates time to market for Bet Entertainment Technologies as well as enhancing service functionality in terms of improved player experience.

Yuval Ziv, COO, SafeCharge states:

“Bet Entertainment is an exciting, forward-looking company just starting out on its online journey. Using our payments services its players will benefit from maximum flexibility in terms of deposits and withdrawals along with a compelling user experience, total transparency and unparalleled security. We’re confident this will not just support but accelerate Bet Entertainment’s online growth. The integration with SBTech also means that anyone else using this leading platform can also reap the benefits of our award-winning technology.”

Gabino Oliveira, Chairman, Bet Entertainment Technologies states:

“We needed to go to market in a very short amount of time and payments presented a big challenge. Efficiency of withdrawals and deposits, whilst adhering to stringent regulations, is critical to our business, and optimising the process was a major task. Furthermore, we needed a technology partner that is integrated with SBTech’s platform to speed up time to market and reduce the operational burden. SafeCharge’s payment services not only met but exceeded expectations in terms of implementation, delivery and ongoing payments expertise.”

Games publisher Madmoo selects SafeCharge to deliver in-game payments for multi-player title, Rage War

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that it has been selected by Madmoo, a leading browser game publishing house. As part of the agreement, SafeCharge will provide in-game payments for Madmoo’s new title, Rage War created by game developer, Fury Studio. Implementation of SafeCharge’s advanced payments solutions has enabled Fury Studio to boost approval ratios, deliver an improved checkout experience for players and reduce fraudulent transactions.
SafeCharge provides a range of payments products and services including a customised Personalised Cashier, a comprehensive back office featuring advanced reporting tools, and robust fraud prevention capabilities. In order to market the game globally, SafeCharge has enabled a number of local payment methods, currencies and languages to provide global coverage.

Yuval Ziv, COO, SafeCharge states:

“SafeCharge is excited to be collaborating with Madmoo to provide advanced payments technologies for their distinctive client base. We strive to improve the checkout experience and security of Rage War players by optimising every aspect of the payments funnel.”

Hristo Tenchev, CEO, Madmoo states:

“SafeCharge is our partner of choice for in-game payments based on experience with its advanced technology based solutions and its expertise in mobile payments. We believe that our collaboration will enable Rage War to gain traction in new markets and offer players an enhanced in-game journey leading to increased conversions and reduced abandonments.”

Nadejda Danabasheva, Chief Gaming Officer, Fury Studio, Ltd. states:

“Collaboration with our publisher Madmoo has given us access to SafeCharge’s advanced technology capabilities and enabled us to achieve high approval ratios maximizing our revenues. As we are continuously expanding our games portfolio, we envision that SafeCharge will be our preferred payments partner based on its performance and the perfect fit of its solution portfolio to our unique needs.”

SafeCharge makes strategic minority investment in Nayax

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announces that it has completed a minority investment in Nayax Ltd (“Nayax”), a leading global provider of EMV certified cashless payment solutions for the unattended vending sector.

The SafeCharge cards acquiring and innovative payments platform has been integrated with Nayax technologies to deliver a robust and scalable solution for unattended payments. The investment follows the success of a number of pilot tests in Poland and the UK, the forerunners to a gradual roll out of the acquiring service across Europe.

David Avgi, CEO, SafeCharge states:

“”We are excited to play a key role in the enablement of contactless payments for unattended machines across Europe helping consumers on the go to access and pay for products securely and quickly. We are determined to implement our strategy of providing international payment services to diverse verticals for multichannel businesses to maximise acceptance, full transparency and cost effective fees structure.”

Yair Nechmad, CEO, Nayax:

“We selected SafeCharge technologies for its unparalleled service availability, superior reporting and analytics capabilities and fully transparent financials that are key for the optimised operation of our business. Our unique partnership has enabled us to offer consumers a top-notch service when making unattended payments.”

Sisal.it, the online gaming platform of the Italian Sports Betting and Gaming leader, boosts payments conversion with SafeCharge’s advanced payments technologies

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that Sisal.it, the online gaming platform of the Italian group operating in the Gaming and Payment Services sector, has selected SafeCharge to facilitate players’ deposit and withdrawal journey, fraud prevention, cards acquiring and alternative payments acceptance for the Italian market.

SafeCharge’s Personalised Cashier enables Sisal.it to provide Italian players with an enhanced deposit and withdrawal experience for cards and multiple Alternative Payment Methods (APMs). By implementing the Personalised Cashier, Sisal.it has access to unique capabilities such as single-click deposits, decline recovery, dynamic 3D Secure along with additional proprietary gaming enablement features that are key in driving a significant increase in conversions.

SafeCharge’s Fraud Prevention Platform supports Sisal’s regulation compliance as well as its internal risk operations including both cards and alternative payment methods. In order to reduce cost, liability and manpower resources Sisal.it has shifted the responsibility of storing and transmitting sensitive card holder data to SafeCharge as all sensitive consumer data along with payment card data are being stored in the SafeCharge vault.

David Avgi, CEO, SafeCharge states:

“We are honored to have been selected as Sisal’s payments provider and we believe that our payments technology will contribute to facilitating Italian players’ deposit and withdrawals journey. By working with Sisal.it we are expanding our presence in the Italian market and delivering on our roadmap of extending our services to different territories.”

Marco Tiso, Online Gaming Business Manager at Sisal states:

“Further to reviewing a number of payments providers, in order to offer a more efficient service to our clients, we selected SafeCharge based on their established presence within the gaming industry, unique technologies for both deposit and withdrawals, full alignment with Italian gambling directives along with top-notch account management and technical support services. We believe we will be able to streamline our payments process and offer simpler and secure processing.”

Sun Bingo and Fabulous Bingo select SafeCharge’s Payments Technologies to deliver an innovative deposit and withdrawal journey

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that Sun Bingo and Fabulous Bingo, Bingo brands of leading UK newspaper, The Sun, have selected SafeCharge’s advanced payment technologies to provide players with a seamless deposit and withdrawal journey.

By selecting SafeCharge’s comprehensive payments technologies, both Bingo brands are now providing players with a unique, platform agnostic deposit and withdrawal solution that is based on SafeCharge’s Personalised Cashier. The Cashier along with SafeCharge’s cards acquiring facilities and proprietary fraud prevention platform form a comprehensive payments solution that maximises player conversions and ensures operational efficiency. In addition, the SafeCharge platform is utilised to descope the PCI DSS (Payment Card Industry Data Security Standards) liability of the Bingo operators by providing a secure vault for its considerable card data volume.

SafeCharge’s proven experience with integration to various gaming-specific platforms provides multiple key benefits for players, such as; ability to view updated balance immediately, flexibility in Alternative Payment Methods (APMs) selection, optimised design of deposit and withdrawal page, enhanced decline recovery features, and additional capabilities that streamline the deposit and withdrawal journey.

David Avgi, CEO, SafeCharge states:

“We are proud of winning the business of this prestigious client and we have once again proven that with our unique capabilities we are able to deliver a comprehensive, tailor-made payments solution to Enterprise businesses.Our firm collaboration with various gaming platforms enables SafeCharge to offer unique features and capabilities that serve to enhance players’ deposit and withdrawal process.”

Tom Ustunel, Product Partnership Director Betting, Bingo and Gaming at News UK states:

“We selected SafeCharge for their proven experience in migration, platform integration and payments processing. SafeCharge’s flexibility enabled us to make multiple updates while ensuring that all our players experienced a swift migration and access to an enhanced deposit and withdrawal solution. We enjoyed working with SafeCharge’s highly proficient project management team and felt that all our requirements were met in record time.”

EL AL reaches new heights for online payments processing

SafeCharge (LON:SCH) a leader in advanced payment technologies, today announces that EL AL Airlines, Israel’s national airline, has selected SafeCharge’s advanced payments technologies for facilitating the processing of payments via third party acquirers, for multiple sales channels including website, call centers, internal booking systems, duty-free and more.

EL AL’s technology solution for the global travel industry, Amadeus and related systems are integrated into SafeCharge’s Payments Platform. This integration provides EL AL with a comprehensive suite of payments solutions such as smart routing, aviation-specific fraud prevention for all cards and Alternative Payment Methods (APMs), and PCI tokenisation capabilities. Additionally, SafeCharge facilitates the acquiring relationship with multiple third parties giving EL AL access to global acquiring services and the utilisation of multiple Alternative Payment Methods (APMs).

David Avgi, CEO, SafeCharge states:

“We are excited to be facilitating the payments process for this key national airline. Our advanced technology solutions enable EL AL to offer their passengers seamless and secure payments. By utilising SafeCharge’s latest technology based solutions for localisation and personalisation of the checkout process, EL AL is able to effectively maximise conversions. Both management teams are collaborating to ensure that EL AL is well-equipped when encountering any challenges in the multi-channel payments arena.”

Yancale Shahar, Company Treasurer, EL AL states:

“Our new payments strategy that we are executing with SafeCharge will improve every aspect of our payments funnel and will provide further added value to our clients and employees. As a final step in our mutual roadmap we will deploy SafeCharge’s Personalised Cashier, a customised checkout solution, which will provide access to a single click checkout solution, the ability to pay anytime, anywhere using a diversification of payment methods, currencies and languages while utilising suitable fraud prevention and security measures such as 3D Secure optimisation, Address Verification System (AVS) and additional measures.”

SafeCharge doubles up at EGR B2B Awards

SafeCharge (AIM: SCH), a leader in advanced payment technologies, has won two prestigious awards for the categories Payments company of the Year and Fraud and Compliance Solution at the EGR B2B 2016 awards held last night at the Tower of London. The EGR B2B Awards are organised by eGaming Review and judged by a panel of industry luminaries and key advisers to the industry, including former CEOs, board directors of public companies and household name betting brands.

SafeCharge won in two categories, Payments Company of the Year and Fraud and Compliance solution demonstrating excellent performance in the key criteria areas of reliability of service, product/service development, understanding customer needs and reaction to market challenges.

Yuval Ziv, COO, SafeCharge states:

“Winning the Payments Company of the year award in three successive years and the additional honour of the Fraud and Compliance solution award is recognition of SafeCharge’s impact in the online gaming industry. We are continuously advancing our payments and fraud prevention technologies, enabling online gaming merchants to securely optimise player’s experience during the deposit and withdrawal journey while strictly complying with applicable regulations and minimising the acceptance of fraudulent transactions.”

SafeCharge Limited is an Electronic Money Institution authorised and regulated by the Central Bank of Cyprus and is a principal member of MasterCard, Visa and Unionpay International (CUP). SafeCharge Financial Services Limited is authorised and regulated by the Financial Conduct Authority as a Payment Institution. Both SafeCharge companies are wholly owned by SafeCharge International Group Limited.