SafeCharge International Group Ltd Launch of Tier One Customers (6957L)

TIDMSCH

RNS Number : 6957L

SafeCharge International Group Ltd

05 October 2016

SafeCharge International Group Limited

("SafeCharge" or the "Company")

Launch of Tier One Customers

SafeCharge (AIM:SCH), a leader in advanced payment technologies, notes the announcement regarding Sisal.it ("Sisal"), the online gaming platform of the Italian group operating in the Gaming and Payment Services sector, released on PR Newswire (copied below).

Today's announcement follows the launch of several significant new tier one customers to which SafeCharge provides tailor made payment solutions, including: Sun Bingo and Fabulous Bingo, bingo brands of The Sun; PaddyPower Betfair, the world's largest internet sportsbetting exchange; and EL AL, Israel's national airline.

SafeCharge's CEO, David Avgi, said: "We are delighted to have secured Sisal, our first significant Italian client and the latest Tier One enterprise customer to join our growing platform. Importantly our engagement reflects the success of the Company's continued momentum to complement our historic portfolio with additional large, high quality, lower risk customers providing stable income streams."

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

Award-winning technology improves every aspect of the player experience during the deposit with withdrawal funnel

LONDON, October 5, 2016, 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.

"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," stated David Avgi, CEO, SafeCharge. "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."

"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," Marco Tiso, Online Gaming Business Manager at Sisal. "We believe we will be able to streamline our payments process and offer simpler and secure processing."

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Enquiries

 
 SafeCharge International 
  Group Limited 
  Tim Mickley 
  David Avgi 
  c/o Bell Pottinger         [phone] 
 Shore Capital 
  Dru Danford 
  Mark Percy 
  Toby Gibbs                 [phone] 
 Bell Pottinger 
  David Rydell 
  Olly Scott 
  James Newman 
  Anna Legge                 [phone] 
 

About SafeCharge

SafeCharge International Group Limited is a global provider of payments services, technologies and risk management solutions for online and mobile businesses. The SafeCharge group has a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce verticals. SafeCharge has been Payment Card Industry Data Security Standard ("PCI-DSS") Level 1 certified since 2007 and is listed on the London Stock Exchange AIM market (LSE: SCH). The Company's wholly owned subsidiary, SafeCharge Limited, is an authorized Electronic Money Institution regulated by the Central Bank of Cyprus and a principal member of MasterCard Europe and VISA Europe. The SafeCharge group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland.

http://www.safecharge.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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October 05, 2016 02:05 ET (06:05 GMT)