SaxoPayments and Safecharge agree partnership

Global transactions services provider Saxo Payments has agreed a partnership with SafeCharge, a company which is a leader in advanced payment technologies.

The partnership will allow SafeCharge to offer its clients fast and cost-effective banking services in multiple currencies. The benefit from Saxo Payment’s perspective is that the company will benefit from a strong distribution network to SafeCharge’s distinguished clientele.

David Avgi, SafeCharge CEO said: “We are adding Saxo Payments to our partners network as part of our strategy to broaden our payments offering. Saxo Payments offers us the global payments services we need under one roof supporting our business and worldwide client base.”

He continued: “Through this partnership we can expand our merchants business by offering a reduced rate, cross border payment solution, which is essential in a global market.”

Anders la Cour, Chief Executive Officer for Saxo Payments, said of the news: “We are proud to be selected by SafeCharge to deliver a smart cross border settlement account for its premium client base.  This is a key milestone in our global distribution plan.”

Saxo Payments was formed in 2013 as a further arm of Saxo Bank. The SafeCharge group meanwhile has been Payment Card Industry Data Security Standard certified since 2007 and has a diversified blue chip client base. It has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland.