SafetyPay and UOL BoaCompra Partner To Provide Additional Online Payment Options to Latin American Gamers

Originally posted on PRWeb http://www.prweb.com/releases/2014/05/prweb11807722.htm

BOACompra & SafetyPay

SafetyPay™, the real time online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced a partnership with Brazilian company UOL BoaCompra, a leader in monetizing online games for Latin America.

“SafetyPay reaches hundreds of millions of consumers across Latin America who enjoy the company’s convenience and security,” said Fernando Estevez Vazquez, Head of International Strategy and Payments at UOL BoaCompra. “We’re excited to offer this easy-to-use and widely available payment method to customers across the region as we expand our payment coverage in Latin America.”

UOL BoaCompra provides payment services to more than 3,000 games across multiple platforms in Latin America, Portugal, Spain and Turkey.

“UOL BoaCompra represents some of the biggest names in online gaming around the world,” said Ronald Wieselberg, Vice President Business Development at SafetyPay. “This relationship complements our existing partnerships and extends SafetyPay’s reach to cover almost the entirety of the top of the online gaming market.”

About UOL BoaCompra
Founded in 2004, UOL BoaCompra specializes in monetizing online games while offering and servicing more than 3,000 games across multiple platforms in Latin America, Portugal, Spain and Turkey. As part of Brazil’s largest internet company and content portal, the company aggregates more than 1.2 billion page views per month and has more than 120,000 POS across LATAM. Several of the largest gaming companies including Valve, EA, Riot Games, Bigpoint, SmileGate and Aeria Games partner with UOL BoaCompra to bring their games to emerging markets including Brazil and most recently, Turkey. For more information, please visithttp://www.boacompra.com and keep up-to-date on the latest news at http://www.boacompra.eu/blog/.

About SafetyPay
SafetyPay is a real time online-banking payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. To learn more about SafetyPay, visit http://www.safetypay.com.

 

SafetyPay Participates in Enterprise Florida’s Trade Expo in Brazil with the Governor of Florida

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In recent news, SafetyPay attended the Enterprise Florida event held in Brazil from October 23-27th by Governor Rick Scott.  As Florida’s number-one trading partner, Brazil’s economy is expected to be one of the fastest growing in the world in the next decade.

SafetyPay’s latest partnerships with Banrisul and Brazil’s 6th largest bank, HSBC bank ($75 billion in assets), has positioned the secure payment facilitator as a leader in the Brazilian payments industry.  For more information about SafetyPay, visit www.safetypay.com.

SafetyPay Partners With Brazil’s 6th Largest Bank, HSBC Bank Brazil

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SafetyPay, a secure payment facilitator and clearinghouse benefiting online shoppers, online merchants and banks worldwide, today announced a partnership with Brazil-based HSBC Bank Brazil ($72 billion in assets), that will extend SafetyPay’s online payment services to the bank’s 5.5 million account holders and 400,000 small and midsize business clients, providing them with the ability to pay with their own currencywhen shopping with worldwide merchants online.

To read the full press release, click here

Introduction to SafetyPay

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Welcome to the official blog of SafetyPay. SafetyPay is a Secure Payment Facilitator and Clearinghouse benefiting online shoppers, online merchants and banks. SafetyPay allows shoppers to pay in local currency through their own trusted financial institution without the need for a credit card. The consumer never needs to divulge personal financial information to retailers. SafetyPay works behind the scenes to clear and settle the payment through bank partners.

Outside the U.S., credit cards are not universally held. In most countries, card penetration and usage are in fact small. Many cards issued in foreign countries can only be used in the market where they are issued and are deemed useless for most online shopping. Among the base of potential card-holding shoppers, security concerns limit shopping. Few countries protect consumers with legally-imposed liability limits for credit cards, leaving cardholders exposed to misuse of their information. Transaction security is cited as primary concern and cause for not purchasing online. Even shoppers that overcome their uneasiness with card use are often kept from purchasing by fraud-filtering systems. Often only U.S. credit cards are allowed to limit fraud risk, leading merchants to restrict purchases with non-U.S. cards. Over 50% of the top 100 U.S. online retailers do not sell to customers with foreign cards. This blog is your source for SafetyPay updates, new merchants, online discounts, ways to increase business revenue, events, and more!