SafeCharge wins most innovative financial product award

SafeCharge, a leading provider of global Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, received the “Most Innovative Financial Product Award‏” in London this last Friday, November 15^th, at the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates London Summit 2013. The award was presented to SafeCharge by Michael Greenberg, founder and CEO of Forex Magnates.

SafeCharge was up against 11 other companies for the award, and were judged by hundreds of CEOs from within the forex industry. The presentation that won the judges over was for SafeCharge’s new product, Cashier, a payment solution that gives each trader a personalized deposit experience designed to increase conversions.

“We wanted the Forex world to understand that we see our obligation as much more than just securely processing payments – that we are working hard to actually enhance and add value to our brokers’ business,” added Shemer Katz, VP of Product and Marketing at SafeCharge.

“Safecharge did a great job of relating with common problems brokers have (rejected deposits), and pitched a product that helps solves those issues,” Forex Magnates’ Ron Finberg added on the prestigious win.