Nuvei Appoints Yuval Ziv as Managing Director of SafeCharge

Nuvei, a provider of global payment solutions who acquired SafeCharge in August of 2019, announced this Tuesday that Yuval Ziv, the former Chief Commercial Officer (CCO) at SafeCharge, has been appointed to the position of Managing Director of SafeCharge and Head of Global Acquiring.

In this new role, Ziv will be in charge of developing and executing on acquirer acceptance strategies. He will also be responsible for overseeing the combined organization’s global acquiring solutions.

His main focus will be on expanding the company’s global acquiring relationships, building key licensing agreements, and supporting the entry into new markets and geographies, the statement released today said.

Despite the change in role, Ziv will continue to work out of SafeCharge’s office in Bulgaria’s capital city - Sofia. Furthermore, as he has been part of SafeCharge’s leadership team since 2008, he will continue to manage the company’s commercial activities.

Commenting on the appointment, Philip Fayer, Nuvei’s chairman and CEO, said: “Yuval’s dual role reflects Nuvei’s primary commitment to accelerating its position as a global 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 leader.

“As a seasoned Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term executive with over fifteen years of financial and IT industry experience, his vast knowledge of global payments, processing technologies, industry regulations, and payment culture make him an ideal fit for taking us forward.”

Yuval Ziv has been instrumental to SafeCharge’s success

According to the statement, Ziv has been an instrumental player in SafeCharge’s success. Under his leadership as the CCO, the payments platform achieved year-over-year growth that exceeded 85 percent in acquiring volume, 45 percent in overall volume, and 24 percent in revenues.

“I am very excited to be taking on this new challenge,” added Ziv. “Our performance over the years has been driven by the ability to mobilize the efforts of our top performing teams. My most important mission is to continue harnessing this magic to create lasting success.”