SafeCharge Granted VISA Europe Principal Membership Status

Global payment solution provider, Safecharge, has been granted principal membership status for merchant acquiring by VISA Europe.

The agreement with Visa Europe, the association of European banks that operate the Visa brand of electronic cards, allows Safecharge to process Visa transactions for merchants in the UK and across Europe. The membership status is expected to reduce the company's direct acquiring cost structure, accelerate the merchant Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term process and improve its competitive position for winning new business.

The firm says that it complements its membership of MasterCard Europe, which was granted in December 2013.

David Avgi, CEO of SafeCharge, commented: "Principal Membership of both VISA Europe and MasterCard Europe is a major milestone for SafeCharge and a key part of our strategy to position the Company as a leading player in on-line 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."

"The membership has been granted following a thorough due-diligence process and serves as a stamp of approval for the quality and transparency of our technologies and services", Mr. Avgi added. "I am proud of this achievement and look forward to working as a member of the schemes and the benefits this will bring."