SafeCharge Payment Solutions for a Changing World

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A Person Holding a Paying Terminal
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SafeCharge is a leading provider of payment solutions, with a global presence that spans over 50 countries.

Their technology enables businesses to process payments seamlessly, across various channels and devices.

With over 15 years of experience in the payment industry, SafeCharge has built a strong reputation for reliability and security.

Their solutions cater to a wide range of businesses, from e-commerce merchants to financial institutions.

SafeCharge's payment solutions are designed to be flexible and adaptable, allowing businesses to stay ahead in a rapidly changing world.

COVID-19 Response

SafeCharge has been actively responding to the COVID-19 crisis by providing tools to help small businesses survive.

They introduced QR codes and payment links through their Paylink feature, enabling merchants to accept payments without the need for expensive infrastructure.

This solution is especially helpful for new merchants who want to start accepting digital payments without breaking the bank.

PayPal also rolled out its own QR code solution for touch-free transactions earlier in May.

Additional reading: Bank Payment Solution

A Person Pressing on a Payment Terminal
Credit: pexels.com, A Person Pressing on a Payment Terminal

SafeCharge's managing director, Yuval Ziv, emphasized the importance of supporting businesses in need, saying, "Our focus throughout COVID-19 has been to leverage our technology, flexibility and industry knowledge to provide struggling businesses with the tools required to survive this crisis."

Payment facilitators like SafeCharge are developing innovative ways to help small businesses adapt and maintain revenue streams during the crisis.

These solutions include waivers and reductions in fees, as well as expanded loan offerings.

SafeCharge is committed to supporting businesses impacted by the crisis, with Ziv stating, "We will get through this together."

Visa is also working with partners like SafeCharge to provide resources and support to businesses as they navigate the shift to digital payments.

New Payment Solutions

SafeCharge has developed a new payments solution that automates and simplifies the reconciliation process, making it easier for businesses to monitor transactions and recover lost revenues.

This solution, called SafeCharge Reconciliation Manager, identifies inconsistencies and addresses outstanding transactions until all funds are reconciled, as seen in the case of Caliente Interactive.

Credit: youtube.com, Omnichannel Payments 2019

By using SafeCharge Reconciliation Manager, businesses can eliminate the need for extensive in-house finance resources and minimize financial loss exposure.

The solution provides a single focal point that covers all financial aspects, streamlining reporting and ensuring that all payments have been received correctly and that processing fees are in line with related service contracts.

Payment Solutions

Payment solutions have become increasingly important for businesses to operate efficiently. SafeCharge Reconciliation Manager automates and simplifies the monitoring process, ensuring that the correct amounts are received without delay.

By using SafeCharge Reconciliation Manager, businesses can recover significant revenues that would have otherwise been lost due to transaction data not being monitored properly. This solution has been developed to automatically reconcile settlements across multiple providers with businesses' bank accounts.

In addition to reconciliation solutions, payment facilitators like SafeCharge are also developing innovative ways to help small businesses adapt and maintain revenue streams during the COVID-19 crisis. SafeCharge Local introduces QR codes and payment links for small businesses to accept payments.

Credit: youtube.com, Payment Solutions for e-Commerce

Payment facilitators have been providing support to businesses impacted by the crisis, including waivers and reductions in fees, and expanded loan offerings. They have also introduced new product features to support customer needs unique to the current environment.

SafeCharge's Paylink feature enables merchants to accept payments by generating a QR code or a link to a secure payment page. This feature is particularly useful for small businesses that are new to digital payments and want to avoid the cost and infrastructure burden.

Here are some key features of SafeCharge Reconciliation Manager and SafeCharge Local:

By leveraging these payment solutions, businesses can streamline their financial processes, reduce financial loss exposure, and gain more control over fees, deposits, withdrawals, account balances, and chargebacks.

Launch Announcement

We're excited to announce the launch of our new payment solutions! Our platform is now live and ready for use.

Our new payment solutions are designed to be fast, secure, and easy to use. This is made possible by our state-of-the-art encryption technology, which protects user data from unauthorized access.

A different take: New Payments Platform

Payment Terminal in Room with Bags
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Our platform supports a wide range of payment methods, including credit and debit cards, as well as mobile payments. This allows users to choose the payment method that works best for them.

With our new payment solutions, users can make transactions in real-time, 24/7. This is made possible by our high-speed processing capabilities.

We've designed our platform to be user-friendly, with a simple and intuitive interface that makes it easy for anyone to get started.

Nuvei Buying and Digital Transaction News

Nuvei announced it will buy SafeCharge International Group Ltd. for approximately $889 million. This confirms reports of a pending deal.

SafeCharge’s payment platform provides services ranging from card acquiring and issuing to processing and checkout.

The payment platform is expected to bring a significant boost to Nuvei's capabilities.

Nuvei is a payments provider that offers a wide range of payment solutions.

Here are some key facts about the deal:

  • Deal value: $889 million
  • Payment platform services: card acquiring, issuing, processing, and checkout

Frequently Asked Questions

How long does SafeCharge take?

SafeCharge withdrawals typically take up to 10 business days, but may vary depending on your bank's processing time.

What is SafeCharge 3D Secure?

SafeCharge 3D Secure is an advanced online payment security system that verifies cardholder identities to prevent unauthorized transactions. It adds an extra layer of protection for both cardholders and online merchants.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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