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. 

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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 leader. 

“As a seasoned fintech 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.”