SOFIA, Bulgaria - SafeCharge has added partnerships with major EU acquiring banks to ensure clients' coverage from all angles. These partnerships aim to solve two major problems merchants face: their transactions are no longer accepted by their acquiring banks or their acquiring bank no longer works within their jurisdiction.
SafeCharge understands the needs of its merchants to be prepared for such occurrences. It is essential for merchants to be covered from every angle and know they have the ability to switch banks and jurisdictions using a payment service provider like SafeCharge, which has relationships with acquiring banks worldwide. Integrated into one system, the merchants are given a cost-effective and bureaucratically hassle-free approach to muti-banking across the globe. So if a merchant's transactions are no longer accepted by its acquiring bank or jurisdiction, SafeCharge is on hand to switch its processing to another bank in a different jurisdiction where the merchant can be lawful and successful.
"Sales have dramatically increased since we've been able to offer the multi-banking approach. Today's merchant is hesitant to put all his eggs in one basket, so giving him the solution of multi-accounts in multi-jurisdictions gives him the reassurance that he's well protected," said Sharon Gal-Franko, director of marketing at SafeCharge.
Having a processor like SafeCharge is comfortable and cost-effective for merchants in the high-risk sectors of online commerce, since SafeCharge is a one-stop shop where merchants only need to integrate with one system. It also allows merchants to avoid unnecessary handling and administrative fees, as well as overly technical procedures.
"The multi-bank advantage is only one in SafeCharge's total-package solution," Gal Franko said. "As significant as it is, it does not overshadow the other advantages in the total-package solution, such as the wide array of products, currencies, services, payment methods and fraud control that SafeCharge has to offer. However, providing merchants with a multi-banking solution amongst the other features truly categorizes SafeCharge as all-inclusive. That means that a merchant can be contracted with only one processor, SafeCharge, and feel protected with backup from every aspect."
SafeCharge began operating in 2000 in response to the e-commerce world's emerging need for a reliable, secure online payment system. SafeCharge industry experts developed an online fraud-detection platform to protect merchants from the risks they faced in the card-not-present environment of the Internet.
Today, with subsidiaries worldwide, SafeCharge is PCI-certified and a leading payment-service provider, integrating high-end payment gateway services with one of the most powerful online fraud-prevention solutions available today.
Combining more than seven years of industry expertise and technological know-how, SafeCharge provides a complete set of secure payment solutions and services for e-merchants in all industries. SafeCharge's well-established relationships with leading acquiring banks worldwide enable merchants to acquire numerous direct merchant accounts without the tumultuous process of applying for new accounts with different payment providers - all within a minimal amount of time at globally competitive rates.
