SafeCharge Signs Payments Partnership With Paddy Power Betfair

SafeCharge (LON:SCH) has just announced a new partnership which is likely to substantially affect its revenues and bottom line in 2016. The payment technology company has signed a deal with online and offline betting and gaming firm Paddy Power Betfair.

The latter was formed after the Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term of online betting giant Betfair and the biggest Irish bookmaker and online gaming firm Paddy Power. For 2014 the combined revenues of both firms totaled $1.5 billion.

SafeCharge was selected with its service which is facilitating the checkout process for gaming clients.

The Head of 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, Paddy Power Betfair, Stephen Moffatt, explained: "We selected SafeCharge (LON:SCH) due to its proven and extensive experience in the online gaming industry and the superiority of technology. They were able to provide us with a simple integration, a superior front­end Cashier solution and a quick and easy method to add multiple alternative payment methods."

SafeCharge’s Personalised Cashier service is delivering multiple approaches to assist clients to deposit and withdraw their funds in a simple manner.

The CEO of SafeCharge (LON:SCH) David Avgi, elaborated: “We are proud to be selected by Paddy Power Betfair to facilitate the globalization and diversification of its online payments which demonstrates trust in the robustness, feature richness and the absolute availability of our services.”