Saxo Payments Signs Deal with SafeCharge Joining Distribution Network

Saxo 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 and SafeCharge (AIM: SCH) have today announced a new partnership which they say will see SafeCharge gain a competitive edge, enabling it to offer its clients fast and cost-effective banking services in multiple currencies. The partnership also means that Saxo Payments will benefit from a strong distribution network to SafeCharge's clientele.

SafeCharge explains that through its membership in the Saxo Payments Banking Circle, the firm will be offering its clients bank accounts under its own brand, with the ability to settle in multiple currencies. This will deliver faster transactions, regardless of international borders and reduce costs on currency conversions and transfers worldwide, along with the ability to give its merchants certainty in their international transfer costs.

"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," said David Avgi, CEO, SafeCharge. "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, added: "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."

Back in September 2015 we reported that Saxo Payments co-founder and CEO Anders la Cour expresses positive views on Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, highlighting its usefulness for international payments.