SafeCharge Share News (SCH)

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SafeCharge Pleased With First Half Trading, Confident On Full Year

Wed, 22nd Jul 2015 08:53

LONDON (Alliance News) - Payments services company SafeCharge International Group PLC on Wednesday said it is pleased with its trading performance in the first half and said its sales pipeline remains robust.

SafeCharge said it launched its acquiring services business in the first half, which has now gone live with Visa and MasterCard. Those deals are expected to boost earnings for the company in 2016.

The company said its sales pipeline remains strong, with a number of new clients set to go live on its platform in the second half, meaning it remains very confident on meeting its expectations for the full year.

Shares in SafeCharge were down 0.1% to 264.2401 pence on Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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