Saxo Payments 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.”
What’s Holding Back Blockchain Adoption? The Answer is Simple - ConnectivityGo to article >>
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, highlighting its usefulness for international payments.