SafeCharge secures contract with Paddy Power Betfair

(ShareCast News) - SafeCharge International announced on Thursday that it has secured a contract with newly-merged bookmaker and online gambling group Paddy Power Betfair.The bookie will use SafeCharge's Personalised Cashier - a technology-based solution for deposits, withdrawals and diverse alternative payment methods "that optimises all aspects of the payment funnel" - to facilitate the checkout journey of its players globally.Stephen Moffatt, head of payments at Paddy Power Betfair, said: "We selected SafeCharge due to its proven and extensive experience in the online gaming industry and the superiority of technology."SafeCharge was able to provide us with a simple integration, a superior front-end Cashier solution and a quick and easy method to add multiple alternative payment methods."SafeCharge chief executive David Avgi said: "We are proud to be selected by Paddy Power Betfair to facilitate the globalisation and diversification of its online payments which demonstrates trust in the robustness, feature richness and the absolute availability of our services."SafeCharge provides payments services, technologies and risk management solutions for online and mobile businesses.At 1506 GMT, SafeCharge shares were up 2.1% to 247p.