LONDON, May 26, 2017 /PRNewswire/ --
Partnership enables
SafeCharge customers to accept card payments in the US at
domestic rates and with maximised
acceptance rates
SafeCharge (LON:SCH), a leading payments technology company,
today announced a partnership to process payments in the United States through Chase, a global
leader in card processing.
(Logo:
http://photos.prnewswire.com/prnh/20160526/372493LOGO )
Through the partnership, SafeCharge customers will benefit from
card processing under domestic conditions. For the consumer, this
means a smoother payment experience and a greater likelihood of a
transaction being accepted.
Chase serves more than 250,000 merchants and 560,000 locations
across the United States. The
company processed 16.88bn transactions in 2016 and this, according
to Nilson, makes them the third largest acquirer in the US,
representing around 20% of the market.
SafeCharge's proprietary payments platform includes a gateway, a
card issuer and acquirer itself meaning it connects directly to all
the major card brands including Visa, MasterCard, American Express
and China Union Pay. SafeCharge's
global payments platform is available in 4 continents providing
cross border businesses diversified acquiring options to choose
from in order to optimise their payment acceptance rate.
"The US is one of the biggest markets in the world. The Federal
Reserve estimates that US credit and debit card payments were worth
almost $6 trillion in 2016.There's a growing requirement from both
consumers and merchants to accommodate cross-border payment
acceptance, boosting conversion and enhancing the customer
experience," said David Avgi, CEO,
SafeCharge.
About SafeCharge
SafeCharge International Group Limited (LSE: SCH) is the payment
service partner for the world's most demanding businesses.
SafeCharge provides global omni-channel payments services from card
acquiring and issuance to payment processing and checkout, all
underpinned by advanced risk management solutions. This fully
featured proprietary payment platform connects directly to all
major payment card schemes including Visa, MasterCard, American
Express and Union Pay as well as over 150 local payment methods.
With offices around the world, SafeCharge serves a diversified,
blue chip client base and is a trusted payment partner for
customers across a range of vertical markets. The company has been
listed on the London Stock Exchange AIM market since 2014.
Contacts
Press Contacts:
CCgroup for SafeCharge
Alan Miller / Abbie Godward
+44(0)203-824-9200
SafeCharge International Group Limited
David Avgi
Tim Mickley
+44(0)20-3051-3031