SafeCharge

SafeCharge
Company typePrivately held company
IndustryPayment services
Founded2006 (2006)
FounderTeddy Sagi
David Avgi
Defunct2019 (2019)
FateAcquired
SuccessorNuvei
HeadquartersMontreal,
Number of locations
13 sites
Area served
Worldwide
ServicesOmnichannel payment services, fraud prevention solutions and connection to payment method
Number of employees
400 (2019[1])
ParentNuvei
Websitewww.safecharge.com

SafeCharge, was a Canadian payment service provider that provided payment services, fraud prevention solutions and connection to payment methods. In August 2019 SafeCharge was acquired by Nuvei, a privately owned electronic payment processing company, for the amount of US$889 million and was merged into Nuvei.

Before the acquisition the company had 400+ employees, 54% of them were in development and tech support. Its headquarters were in Montreal, Canada, and it had offices in Israel, UKNetherlands, Hong Kong, Italy, Austria, China, Cyprus, Bulgaria, Guernsey, Mexico, Singapore and in the US.[1]

SafeCharge had payment processing (gateway) licenses from the main card schemes in Europe: Visa and Mastercard. It connected with 300+ global and region-specific alternative payment methods, such as: WeChat Pay and Alipay (China), Apple Pay (US), iDeal (Netherlands), POLi (Australia), PayPal (global), and Amex (global).[2]

  1. ^ a b ""SafeCharge was my baby"". en.globes.co.il. May 23, 2019.
  2. ^ "WeChat partners with SafeCharge for in-store acceptance across Europe". PaymentsSource. Retrieved 2018-07-18.