SafeCharge Is Now an Electronic Money Institution

SafeCharge is a global provider of payment services, risk management and IT solutions for online businesses.  They currently employ over 200 people in their offices in; Cyprus, the United Kingdom, Austria, Israel, Bulgaria and Germany.

SafeCharge has since announced that they are now an Electronic Money Institution, which allows them to process electronic money in accordance with the European Union E-money directive.  This new development will allow them to expand successfully into the business-to-consumer market as well as capitalising on the expansion of pre-paid cards, e-wallets and mobile wallets.