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Screenshot of a breaking news alert e-mail from Q2 2017
Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) today announced that it has opened an office in Singapore and a satellite office in Hong Kong, as the company takes significant steps to expand its footprint in the Asia payments sector.
In addition to its new offices, SafeCharge has become a member of UnionPay International, a subsidiary of the fastgrowing global payment network China UnionPay which is extensively used by Chinese shoppers domestically and internationally.
Mr. Willy Kwa has been appointed as Regional Director and Head of APAC Business and will be based in the Singapore office. Mr. Kwa spent the last nine years as VP Sales APAC at Payvision. With approximately 20 years’ experience in the payments sector gained at companies such as DBS Bank and NETS, Mr. Kwa is well equipped to spearhead the Company’s growth in the region, with a clear mandate to provide the highest levels of customer service as well as establish and maintain relationships with local and international technology, payment and banking partners.
David Avgi, CEO, SafeCharge, said:
Establishing offices in Singapore and Hong Kong will enable us to grow our footprint in the region and provide local card acquiring and alternative payments for domestic and international businesses that serve customers in Asia Pacific. Our membership of UnionPay International means that we are able to help European merchants accept this fast growing payment method and support the dramatic demand for crossborder transactions in an increasingly global market.
Willy Kwa, Regional Director and Head of APAC Business stated:
The Asia Pacific region not only has the largest ecommerce market in the world, but now represents more than half of all ecommerce spend globally, with its lead set to only grow further. In addition, companies like Ant Financial and AliPay demonstrate that domestic innovation is rapidly going global and dramatically altering the macro payments landscape. A local presence is essential in order to stay ahead of the innovation curve, support customers internationally and accelerate our growth.