International transaction services provider Saxo Payments and payment technologies expert SafeCharge International Group Ltd (LON:SCH) have just announced a partnership.
The collaboration will see SafeCharge gain a significant competitive edge, empowering it to offer its clients fast and cost-effective banking services in multiple currencies. The partnership also means Saxo Payments will benefit from a wide distribution network to SafeCharge’s distinguished clientele.
Thanks to its membership in the Saxo Payments Banking Circle, SafeCharge will be offering its clients bank accounts under its own brand, with the ability to settle in multiple currencies. This will result in faster transactions, regardless of international borders and reduce costs on currency conversions and transfers worldwide, along with the ability to give its merchants certainty in their international transfer costs.
SafeCharge Group has a diversified, blue chip client base and is a trusted payment partner for businesses across a variety of e-commerce sectors. The group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland, with clients worldwide, making a global banking solution essential.
David Avgi, CEO, SafeCharge stated:
“We are adding Saxo Payments to our partners network as part of our strategy to broaden our payments offering. Saxo Payments offers us the global payments services we need under one roof supporting our business and worldwide client base. Through this partnership we can expand our merchants business by offering a reduced rate, cross border payment solution, which is essential in a global market.”
Anders la Cour, Chief Executive Officer for Saxo Payments, added:
“We are proud to be selected by SafeCharge to deliver a smart cross border settlement account for its premium client base. This is a key milestone in our global distribution plan.”