LONDON, April 14, 2015 /PRNewswire/ --
Advanced payments acceptance and fraud prevention technologies boost TAIN's payment platform and risk management services for licensees
SafeCharge (AIM: SCH), a leader in advanced payment technologies, and TAIN AB, a leading turnkey solution provider for the e-gaming industry, today announced that they will be collaborating to offer payment services to White Label licensees and enhance eGaming payment funnel conversion.
TAIN, a leading technology driven company that has developed platforms and online gaming solutions since 1999, has recently opened up a number of new International markets. By utilising SafeCharge's network of Alternative Payment Methods, TAIN will now give its White Label licensees access to a wide range of local and alternative payment methods. By adding all these new methods, TAIN will be able to significantly expand its reach, optimise conversion rates, and will bring higher revenues.
SafeCharge was selected to provide payment services and risk solutions based on the Company's strength in fraud prevention, payment processing and rapid integration.
In addition to the payment facilities, a tailored fraud screening profile has been designed for TAIN according to the company's risk management strategy. These fraud prevention rules are processed in real-time allowing TAIN's risk team to instantly handle transactions that are flagged for Manual Review or Rejected, thereby reducing the rate of chargebacks and eliminating potential fraud attacks.
"Our partnership with TAIN to improve the player's deposit and withdrawal experience is well aligned with its strategy to continue to deliver technologies for an improved conversion funnel," comments David Avgi, CEO, SafeCharge. "TAIN is a key partner to collaborate with as both companies are technology driven service providers and this opportunity enables us to further extend the reach of our technologies."
Christer Fahlstedt, CEO, TAIN: "SafeCharge is our partner of choice as it provides advanced technologies and applied expertise in the eGaming market. This collaboration will both reduce the fraud risk to our licensees and boost their sales revenue by enabling them to offer fully localised payment services including the acceptance of applicable local payment methods from their players."
SafeCharge International Group Limited is a global provider of payments services, technologies and risk management solutions for online and mobile businesses. The SafeCharge group has a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce 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 authorized 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, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland. http://www.safecharge.com
TAIN has been around since the beginning of Internet gambling and is a technology driven company that has developed platforms and online gaming solutions since 1999. TAIN offers an extensive portfolio of products and services to facilitate new and established operators in the markets of their choice. TAIN focuses on business-to-business aspects of Internet gambling.
In 2013 Betting Promotion, a leader in the market of betting exchanges, and TAIN merged, forming a strong alliance between the two companies in order to provide world-class quality online gambling products for today's global markets.
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SafeCharge International Group Limited