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January 29, 2019

SafeCharge partners with Mazooma to enable local US payment options for gaming operators

The collaboration makes ACH payments, the US popular online bank transfer option, available for SafeCharge customers ready to enter the newly-regulated US market

 

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, is cementing its US expansion by offering real-time ACH payments in partnership with Mazooma – the trusted source for verified bank payments in online sports betting and iGaming. Through Mazooma’s eCheck Select Payment Technology, SafeCharge aims to support both its US customers and its international customers wanting to roll out in the region.

eCheck Select verifies bank-level data in real-time, including customer identification and account information. At the time of transaction, eCheck Select confirms a person’s account balance and processes the payment or terminates it if there are insufficient funds.

“We’re pleased to make our ACH technology available via the SafeCharge Payments Engine,” said Jamie MacKay, CEO, Mazooma. “With eCheck Select, iGaming operators entering the newly-regulated US market can offer players in the US a positive gaming experience.”

Following a successful expansion across US and Asian markets in 2018 – with the most recent opening of a new office in China earlier this month – SafeCharge is rapidly consolidating its global presence to support local merchants operating across borders. With one of the largest portfolios of local payment methods and card acquiring options, SafeCharge Payment Engine is enabling merchants to take back control of their payment processing capabilities securely and effectively on a global scale.

“The US is one of the largest markets in the world. There’s a growing requirement from both customers and businesses to enable seamless local payment acceptance, boosting conversion. By making eCheck Select available to provide real time ACH payments, we aim to support our customers successfully expanding into the US, further enhancing our innovative omnichannel Payments Engine designed to maximize payment conversions,” said David Avgi, CEO, SafeCharge.

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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.