SafeCharge goes flying with El-Al payments processing deal

Continuing its charge (no pun intended) to grow its business outside of its core online industry base, payments solutions provider SafeCharge International Group Ltd (LON:SCH) has announced that El Al Israel Airlines Ltd. (TLV:ELAL), Israel’s national airline, has selected SafeCharge’s advanced payments system.

SafeCharge recently hired Barclaycard’s Phil Atherton as  its new Chief Risk Officer (CRO), also clearly as part of its aim to grow its business outside the Gaming, Forex and other online sector areas where SafeCharge has been traditionally strong.

SafeCharge_logoSafeCharge technologies will be used by El Al for facilitating the processing of payments via third party acquirers, for multiple sales channels including website, call centers, internal booking systems, duty-free and more.

El Al’s technology solution for the global travel industry, Amadeus and related systems are integrated into SafeCharge’s Payments Platform. This integration provides El Al with a comprehensive suite of payments solutions such as smart routing, aviation-specific fraud prevention for all cards and Alternative Payment Methods (APMs), and PCI tokenization capabilities.

Additionally, SafeCharge facilitates the acquiring relationship with multiple third parties giving El Al access to global acquiring services and the utilization of multiple Alternative Payment Methods (APMs).

David Avgi, SafeCharge CEO

David Avgi, SafeCharge CEO

David Avgi, CEO of SafeCharge stated:

We are excited to be facilitating the payments process for this key national airline. Our advanced technology solutions enable EL AL to offer their passengers seamless and secure payments. By utilising SafeCharge’s latest technology based solutions for localisation and personalisation of the checkout process, EL AL is able to effectively maximise conversions. Both management teams are collaborating to ensure that EL AL is well-equipped when encountering any challenges in the multi-channel payments arena.

Yancale Shahar, Company Treasurer of El Al said:

Our new payments strategy that we are executing with SafeCharge will improve every aspect of our payments funnel and will provide further added value to our clients and employees. As a final step in our mutual roadmap we will deploy SafeCharge’s Personalised Cashier, a customised checkout solution, which will provide access to a single click checkout solution, the ability to pay anytime, anywhere using a diversification of payment methods, currencies and languages while utilising suitable fraud prevention and security measures such as 3D Secure optimisation, Address Verification System (AVS) and additional measures.

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