SafeCharge International Group Ltd SafeCharge Asian Expansion (9865X)
February 28 2017 - 2:00AM
UK Regulatory
TIDMSCH
RNS Number : 9865X
SafeCharge International Group Ltd
28 February 2017
SafeCharge International Group Limited
("SafeCharge" or the "Company")
SafeCharge expands into Asia Pacific and joins UnionPay
International
Company opens Singapore and Hong Kong offices to support
expansion
SafeCharge (AIM: SCH), a leader in advanced payment
technologies, today announced that it has opened an office in
Singapore and a satellite office in Hong Kong.
In addition to its new offices, SafeCharge has become a member
of UnionPay International, a subsidiary of the fast-growing global
payment network China UnionPay which is extensively used by Chinese
shoppers domestically and internationally.
Mr. Willy Kwa has been appointed as Regional Director and Head
of APAC Business and will be based in the Singapore office. With
approximately 20 years' experience in the payments sector gained at
companies such as DBS Bank and NETS, Mr. Kwa is well-equipped to
spearhead the Company's growth in the region, with a clear mandate
to provide the highest levels of customer service as well as
establish and maintain relationships with local and international
technology, payment and banking partners.
David Avgi, CEO, SafeCharge, said:
"Establishing offices in Singapore and Hong Kong will enable us
to grow our footprint in the region and provide local card
acquiring and alternative payments for domestic and international
businesses that serve customers in Asia Pacific. Our membership of
UnionPay International means that we are able to help European
merchants accept this fast growing payment method and support the
dramatic demand for cross-border transactions in an increasingly
global market."
Willy Kwa, Regional Director and Head of APAC Business
stated:
"The Asia Pacific region not only has the largest e-commerce
market in the world, but now represents more than half of all
e-commerce spend globally, with its lead set to only grow further.
In addition, companies like Ant Financial and AliPay demonstrate
that domestic innovation is rapidly going global and dramatically
altering the macro payments landscape. A local presence is
essential in order to stay ahead of the innovation curve, support
customers internationally and accelerate our growth."
- ENDS -
Enquiries:
SafeCharge International
Group Limited
Tim Mickley
David Avgi +44 (0) 20 3772
c/o Bell Pottinger 2500
Shore Capital
Mark Percy +44 (0) 20 7408
Toby Gibbs 4090
Bell Pottinger (Financial
communications and IR)
David Rydell
Joanna Davidson +44 (0) 20 3772
Anna Legge 2500
CCgroup (Media)
Alan Miller / Abbie Godward +44 (0) 20 3824
safecharge@ccgrouppr.com 9200
About SafeCharge
SafeCharge International Group Limited is a global provider of
technology-based multi-channel payments services and risk
management solutions for demanding businesses. SafeCharge has a
diversified, blue chip client base and is a trusted payment partner
for customers from various verticals. SafeCharge has been Payment
Card Industry Data Security Standard ("PCI-DSS") Level 1 certified
since 2007 and is listed on the London Stock Exchange AIM market
(LSE: SCH). The Company's wholly owned subsidiary, SafeCharge
Limited, is an authorised Electronic Money Institution regulated by
the Central Bank of Cyprus and a principal member of MasterCard
Europe and VISA Europe. The SafeCharge group has operations in the
UK, Guernsey, Cyprus, Bulgaria, Israel, Austria, Singapore and Hong
Kong.
www.safecharge.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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