The largest Internet betting exchange; Paddy Power Betfair selected SafeCharge to provide a comprehensive technology based solution for alternative payment method deposits and withdrawals.
SafeCharge today announced that Paddy Power Betfair, provider of a full range of sports betting and gaming products and one of the largest online gaming operators in the world has selected SafeCharge’s Personalised Cashier to facilitate the checkout journey of its players globally. SafeCharge’s Personalised Cashier is a unique technology-based solution for deposits, withdrawals and diverse alternative payment methods that optimises all aspects of the payment funnel.
The solution includes multiple approaches to assist players at home or on the go complete their deposits simpler and faster. For winnings the solution allows for a fully transparent initiation and management of withdrawal requests.
Stephen Moffat, Head of Payments, Paddy Power Betfair stated:
“We selected SafeCharge due to their proven and extensive experience in the online gaming industry and the superiority of their technology. They were able to provide us with a simple integration, a superior front-end Cashier solution and a quick and easy method to add multiple alternative payment methods.”
David Avgi, CEO, SafeCharge commented:
“We are proud to be selected by Paddy Power Betfair to facilitate the globalisation and diversification of their online payments which demonstrates their trust in the robustness, feature richness and the absolute availability of our services. Both Paddy Power Betfair and SafeCharge management teams are committed to achieve the vision of a more secure and effective journey for players during the sensitive processes of deposit and withdrawal.”
Showing posts with label Safecharge. Show all posts
Showing posts with label Safecharge. Show all posts
February 25, 2016
April 14, 2015
Safecharge & Tain sign deal
afeCharge has announced it has sealed a partnership deal with TAIN AB, a turnkey solution provider for the e-gaming industry.
TAIN a developer of platforms and online gaming solutions since 1999, has recently opened up a number of new international markets. Thanks to SafeCharge’s network of alternative payment methods, TAIN will now give its White Label licensees access to a variety of local and alternative payment methods.
Via these methods, TAIN will be able to markedly boost its reach, optimise conversion rates, and (of course) to generate higher revenues. SafeCharge was selected to provide payment services and risk solutions because of its strength in fraud prevention, payment processing and rapid integration. On top of the payment facilities, a special fraud screening profile has been designed for TAIN according to the company’s risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN’s risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thus cutting the rate of chargebacks and eliminating potential fraud attacks.
“Our partnership with TAIN to improve the player’s deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel,” comments David Avgi, CEO, SafeCharge.
“TAIN is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies.” Christer Fahlstedt, CEO, TAIN: “SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market. This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players.”
TAIN a developer of platforms and online gaming solutions since 1999, has recently opened up a number of new international markets. Thanks to SafeCharge’s network of alternative payment methods, TAIN will now give its White Label licensees access to a variety of local and alternative payment methods.
Via these methods, TAIN will be able to markedly boost its reach, optimise conversion rates, and (of course) to generate higher revenues. SafeCharge was selected to provide payment services and risk solutions because of its strength in fraud prevention, payment processing and rapid integration. On top of the payment facilities, a special fraud screening profile has been designed for TAIN according to the company’s risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN’s risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thus cutting the rate of chargebacks and eliminating potential fraud attacks.
“Our partnership with TAIN to improve the player’s deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel,” comments David Avgi, CEO, SafeCharge.
“TAIN is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies.” Christer Fahlstedt, CEO, TAIN: “SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market. This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players.”
March 17, 2015
Safecharge reports “outstanding” year
Safecharge had an outstanding 2014 said Chairman Roger Withers after the payment services provider announced their first annual report as a public listed company.
Revenues stood at $76.9 million for the year compared to $43.2 million in 2013, representing a rise of 78%. Profits jumped 79% for 2014 to $44.5 million for the year.
The payment services firm said that its cash balances at the end of the year totaled $146.5 million, which represents huge growth on the $11.8 million in 2013.
“It is a privilege to present such an outstanding set of results in our first year as a public company,” Withers said
“I congratulate David Avgi (chief executive officer) and the whole of the SafeCharge team, for an excellent performance during a landmark period for the group.
“We entered the year trading strongly with financial strength to pursue our stated M&A strategy.”
Revenues stood at $76.9 million for the year compared to $43.2 million in 2013, representing a rise of 78%. Profits jumped 79% for 2014 to $44.5 million for the year.
The payment services firm said that its cash balances at the end of the year totaled $146.5 million, which represents huge growth on the $11.8 million in 2013.
“It is a privilege to present such an outstanding set of results in our first year as a public company,” Withers said
“I congratulate David Avgi (chief executive officer) and the whole of the SafeCharge team, for an excellent performance during a landmark period for the group.
“We entered the year trading strongly with financial strength to pursue our stated M&A strategy.”
September 17, 2014
Safecharge granted European E-Money License
Online payment provider SafeCharge specialists advanced payment technologies, today announces that its wholly owned operating subsidiary, SafeCharge Limited, has been authorised as an Electronic Money Institution (EMI).
The authorisation will allow SafeCharge Limited to issue electronic money in accordance with the European Union E-money directive and as authorised by the Central Bank of Cyprus.
This will enable SafeCharge to continue expanding its services portfolio to its existing client base; increase services in the “Business to Consumer” (B2C) space; and progress plans for card issuance and associated services.
David Avgi, Chief Executive of SafeCharge commented:
“Obtaining the EMI license fulfils one of our central objectives, as outlined in our strategy. The EMI license places SafeCharge in a key position to capitalise on the expansion of e-wallets, mobile wallets and prepaid card issuance globally.”
The authorisation will allow SafeCharge Limited to issue electronic money in accordance with the European Union E-money directive and as authorised by the Central Bank of Cyprus.
This will enable SafeCharge to continue expanding its services portfolio to its existing client base; increase services in the “Business to Consumer” (B2C) space; and progress plans for card issuance and associated services.
David Avgi, Chief Executive of SafeCharge commented:
“Obtaining the EMI license fulfils one of our central objectives, as outlined in our strategy. The EMI license places SafeCharge in a key position to capitalise on the expansion of e-wallets, mobile wallets and prepaid card issuance globally.”
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