LONDON, March 8, 2017 /PRNewswire/ --
SafeCharge continues growth
in travel sector driven by demand for increased
transparency in an increasingly complex market
SafeCharge (LON:SCH), a leader in advanced payment technologies,
today announced that it has been selected by online travel agent
(OTA) Anywayanyday to provide payment services. Anywayanyday was
looking to improve transparency and control around its payments, to
better combat fraud and improve business efficiency. As part of the
collaboration SafeCharge will be providing card acquiring, enhanced
back office and financial reporting, improved resilience, with
unparalleled availability, and travel-specific fraud protection.
The announcement builds on the continued growth of SafeCharge in
the travel sector with wins such as El Al Airlines.
(Logo:
http://photos.prnewswire.com/prnh/20160526/372493LOGO )
The travel industry is increasingly demanding, with the
traditional agency model giving way to a digital-first approach
with OTA's like Anywayanyday growing rapidly. These OTAs are not
only accepting payments from consumers across an increasingly
multi-channel environment - especially as mobile becomes more
popular - but also need to reconcile payments with their travel
partners: airlines, hotels, tour operators, etc. The delay between
booking the service and the use of that service (often months)
creates risk as the card used for the initial booking may later be
found to be fraudulent when the full transaction is settled.
Furthermore, OTAs are subject to frequent fluctuations in
transaction volumes, creating a need for a payments platform with
continuously high uptime. Businesses operating within the travel
sector run the risk of incomplete transactions, reducing bottom
lines and increasing customer churn if the payment system cannot
meet this need.
"As the market becomes more demanding, clear and concise
financial reporting is critical to business performance. The
ability to drill-down as far as a single transaction will give us
the transparency we need when working with multiple partners across
different geographies over extended time frames," said Evgeny
Shukhlin, CEO, Anywayanyday. "The unparalleled uptime of SafeCharge
ensures we're always open for business, and the simple yet
sophisticated fraud solution - managed from a single point -
safeguards our customers and our partners. This level of
transparency and control is unprecedented, in our experience.
SafeCharge has put us back in control of our payments."
"The travel industry is transforming as traditional players and
digital platforms collide. This means that existing payment
solutions aren't fit for purpose in many cases," said Yuval Ziv, COO at SafeCharge. "We're invested in
transparent, resilient and highly secure payment services, designed
specifically for the travel industry to meet its challenges head
on. Anywayanyday is a major win for us as we grow our footprint in
the sector and it is a testament to the effectiveness of our
services."
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.
About Anywayanyday
Anywayanyday.com - international online service for air and
train ticket and hotel booking worldwide. The company has offices
in Ukraine, Germany, USA
and Switzerland. In 2012
Anywayanyday ranked the first among online travel agencies in
Forbes magazine rating. In November
2016. Anywayanyday received National Geographic Traveller
Award 2016 as the Best Online Service.
Contacts
SafeCharge International Group Limited
David Avgi
Tim Mickley
+44(0)20-3051-3031
Press Contacts:
CCgroup for SafeCharge
Alan Miller / Abbie Godward
Safecharge@ccgrouppr.com
+44(0)203-824-9200