SafetyPay and OffGamers Partner to Offer Global Gamers Payment Security and Convenience

This article was originally distributed via PRWeb. 

SOURCE:  http://www.prweb.com/releases/2013/11/prweb11324800.htm

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 or with cash, today announced a partnership with OffGamers, a leader in providing high quality customer service at an affordable rate for gamers from all walks of life and across the whole spectrum of game platforms.

“SafetyPay provides a uniquely safe and easy-to-use payment method that is available to hundreds of millions of bank customers around the world,” said Daryl Lau, Chief Marketing Officer at OffGamers. “With its direct bank connections in Latin America, North America, and Europe, we can reach more customers around the world and offer gamers more options and greater convenience.”

“OffGamers provides a full range of products and services to online gamers, representing some of the biggest names in gaming,” said Sandra Feinberg, Vice President of Sales, SafetyPay. “Our relationship with OffGamers will enhance our strong and growing presence in the international gaming industry.”

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 or with cash. 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.

About OffGamers
OffGamers is at the forefront of providing quality service at an affordable rate for gamers from all walks of life and across the whole spectrum of game platforms. We adopt leading technologies of world class standards, to push the boundaries of monetizing while pioneering new concepts and products.

Having been in the industry for over 10 years, we continue to push the envelope in the industry by developing and fostering strong partnerships with reputable game publishers and developers. OffGamers also facilitates the gaming industry by innovating effective game card top up systems and enhancing our user’s experience. To learn more about OffGamers, visit http://corp.offgamers.com.

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SafetyPay Picked as One of the Most Popular Money-Transfer Services by Nearshore Americas

Original article: http://www.nearshoreamericas.com/top-six-money-transfer-firms/

Our Six Picks for Money Transfer

by: Raissa Carey

Years ago, when the Internet was still crawling and iPhones and iPads were not even a reality, transferring money internationally was more often than not a frustrating process. Those were the days when money transfers had to be planned in advance and made in person at a financial agency, with each transaction taking up to a month to complete.

Then the digital revolution gave birth to smartphones, tablets and fiber optics. Today, mobile computing is a trillion-dollar business – with more room to grow, according to the MIT Technology Review.

The growing mobile market is also changing the banking industry. The younger population, now more connected than ever, wants convenience and speed. Walking in a bank to pay bills or send money is already an old-fashioned habit.

So much so, that the Western Union Bill Payments Money Mindset Index points to increasingly tech-savvy consumers choosing to adopt mobile technologies to pay bills. “Consumers are increasingly looking for new ways to manage their bills, which points to the need for continued innovation by service providers across the payments industry,” David Shapiro, senior vice president of payments at Western Union, said in a statement.

It’s no surprise that the number of options in transferring money abroad via the Internet have grown exponentially as a result.

Western Union actually has seniority on money-transferring, having introduced the service in 1871. Back then, this was a walk-in processes only. But these days, customers can even send money to a mobile phone, if the receiver lives in a country where this service is offered.

Other banks such as Wells Fargo, have a range of options to send money to Mexico, Central and South America, and Asia, in account-to-account, account-to-cash, cash-to-account and cash-to-cash payments. Other options include popular online services such as PayPal, SafetyPay and Xoom.

All of these companies profit by charging their preset currency exchange rates, transfer fees, and by enforcing their own terms of service provided. The math is simple: the more ways and countries you can send to, the higher the fee and less advantageous exchange rate you’ll get. So the trick is to determine which institution will provide you with the best exchange rate and service fees.

Below is information on the most popular money-transfer services.

Western UnionWith a valid photo ID, you can go to any of the 489,000 WU locations in more than 200 countries and an agent will help you. Transfer fees start at $5.

For transfers larger than $3,000, WU makes account-to-account transactions through the online foreign exchange service. The entire deal can be made online: Once registered to the website, customers can get a quote for the currencies they’d like to exchange through the Currency Converter tool, then send the payment, either via account debit or wire transfer. When the payment is sent out, the recipient will receive the rate quoted at the time of booking, regardless of any valuation fluctuations.

This service also covers home businesses that need to send money internationally, at less than $10,000 per payment and up to five times a year. This is great for very small companies or start-ups. WU has also a solution for small business owners who need to make more than six payments a year averaging more than $20,000 per payment.

PayPal The pioneer in online payment and money transfers, this eBay subsidiary has grown bigger and better. An account can be created in just a few clicks and it’s possible to make transfers to the recipient’s mobile phone. PayPal exchanges the U.S. dollar to 24 currencies – including the Brazilian real, the Mexican peso and the Canadian dollar – and sends money to more than 100 countries.

Depending on the destination, international transfers have a small fee of 0.5% to 2% when fully funded through a bank or PayPal balance. If the transfer is being made with a credit or debit card, the fee rises to between 3.4% and 3.9%. This means the final cost of the transaction will depend on the country of destination, whether the transfer was made through a bank account or credit card and the exchange rate. Money transfers within the U.S. are always free. For 2.9% of the total amount plus $0.30 per transaction, it’s possible to transfer money using a debit or credit card.

SafetyPay: This online platform has patented the first non-card-based network payment technology designed specifically for those who need make to purchases from merchants worldwide, directly from their bank account and in their local currency. “When checking out, consumers choose SafetyPay as their payment method, and choose their preferred currency. They are then redirected to their online banking page, where they approve payment,” the company’s website states.

Besides online payments, the company differentiates itself from the crowd for its specialized services: Call Center Payments– an entire payment process geared toward businesses that rely on call centers for sales. Customers don’t need to use credit cards to make payments; they can conclude the sale using a unique payment code they received during the call to get connected to their online banking platform. They can also pay at one of SafetyPay’s walk-in payment partners. There’s also Invoicing – an automatic system that doesn’t require businesses to build a shopping cart platform. The business provides the customer with a payment code and a link to SafetyPay Express – SafetyPay’s online checkout page. The customer then enters the payment code, selects the bank and currency, and is directed to their online banking page.

Xoom: This company is expert in online international transfers, sending money directly to 30 countries, many of which are located in Latin America. The company’s main appeal is its low-fees and good exchange rates. Senders can fund their money transfer with a credit card, debit card or bank account, and the money can be picked up in cash at a selected location or deposited quickly to bank accounts. Users can send a minimum of $25 and up to $2,999 each time. Transfer fees, which vary depending on form of payment, country of destination and amount of transaction, range from $4.99 to $30.

Just recently Xoom partnered with Walmart.com so customers can send money 24/7 via the retail’s Online Money Center.

MoneyGram: Like Xoom, this is also a cost-effective solution and a Walmart partner. Unlike Xoom, it sends up to $1,499.99 per transaction to more than 197 countries. There are two types of service: same-day funding via debit or credit card and economy service, in which funds arrive within three business days. This is done via a bank account.

With MoneyGram, transfer fees are based on the service option and transfer amount, but they can be as low as $5 to send money to Mexico, for example. In addition, the company makes money during foreign currency conversion, and the exchange rate is set by MoneyGram and its agents.

Viamericas: With a mission to “unite immigrant families globally,” this is one of the best-value companies for transferring larger sums of money, according to a Consumer Reports investigation. The company has a useful “effective exchange rate”comparison tool in its website. The tool compares the amount of origination currency and the amount of destination currency among Xoom, WU, MoneyGram and Viamericas to provide customers with insight to the best value for their transaction.

The registration process is a bit more complex, requiring a bank account validation step that can take up to two business day to clear. But once the bank account has been verified and Viamericas has been paid, the beneficiary receives the money immediately. Customers can send up to $8,000 to thousands of locations in Latin America, United States, the Caribbean, Spain, Indonesia and Africa.

As mentioned, Consumer Reports investigated a number of other money-transfer companies and compared them according to fees and exchange rates.

SafetyPay Highlighted in WorldPay’s Alternative Payment and Distribution Landscape White Paper

SafetyPay Recognized in this year's WorldPay Report

“SafetyPay, the Florida-based non-card payment system, enables consumers to purchase from airlines worldwide and pay directly from their online bank account in their local currency. It also has a global cash platform where a consumer can order their ticket online and pay with cash at a local bank or payment centre.”

Alternative Payment and Distribution Landscape; Part One: Airlines Going Alternative, Page 8, WorldPay (2013). Released October 24, 2013

SafetyPay and Paymentez Partner To Offer Latin American Gamers A Secure and Seamless Payment Option

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/9/prweb11159719.htm

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 Miami-based Paymentez, a leader in helping social games, online games and virtual content companies extend their reach and monetize their products in Latin America.

“SafetyPay is well known across Latin America as a safe and easy-to-use payment method,” said Sarah Arnio, Director of Revenue at Paymentez. “With its direct bank connections in Latin America, we can cater to our customers in Brazil, Mexico and Colombia by offering them more payment options.”

“Paymentez provides payment services to some of the biggest names in online gaming,” said Sandra Feinberg, Vice President of Sales, Safetypay. “Together we’ll be able to connect hundreds of millions of consumers across Latin America with global game publishers.”

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.

About Paymentez
Paymentez, LLC, headquartered in Miami, Florida, is the largest monetization platform of virtual content in Latin America. With more than 4 million registered users and processing 650 requests per second, it’s the most experienced company in online and offline payments in Latin America. Its network consists of 500,000 offline POS in six countries, with a strategy focused on increasing conversion rate and providing a transparent solution for its clients. Customers include Visa, EA, Valve, Ubisoft, Zynga, Sulake, Bigpoint, and Nexon. For more information visit:http://corp.paymentez.com/home.

SafetyPay Adds United States and the Caribbean to Regions Where Global Merchants Can Sell Online and Accept Cash Payments

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/9/prweb11134556.htm

SafetyPay™, the real time online payment solution that enables consumers to shop from merchants worldwide and pay in their local currency directly from their bank account or with cash, today announced the addition of the United States and Caribbean as regions where global merchants can accept cash payments for purchases made online. Walk-in cash payments can be made in Moneygram locations throughout the US and Caribbean, which can be located on their website at http://www.moneygram.com.

“We’re delighted to work with Moneygram to enable global ecommerce merchants to sell to cash paying customers in these new regions,” said Sandra Feinberg, Vice President of Sales at SafetyPay. “Now American consumers and shoppers across the Caribbean can enjoy the convenience of using SafetyPay to buy online and pay in cash, just like consumers in Peru and Mexico do today.”

Millions of consumers around the world prefer to pay for their purchases in cash. With SafetyPay, merchants can offer consumers with cash and access to ecommerce sites the ability to pay for online purchases. Cash payments can be offered to both local consumers and consumers located in other countries.

About SafetyPay

SafetyPay is a real time online payment solution that enables hundreds of millions of consumers to shop from merchants worldwide and pay in their local currency directly from their bank account or with cash. 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.

IFC Invests $7 Million in SafetyPay to Expand Online Payment Services in Latin America

Originally posted on PRWeb.com http://www.prweb.com/releases/IFC/SafetyPay/prweb10912567.htm

FC, a member of the World Bank Group, is investing $7 million in SafetyPay, a company that through itssecure payment system gives people in Latin America access to the lower prices and increased efficiency of online commerce.

SafetyPay enables consumers who may not have a credit card to buy online goods and services using their bank account. Merchants who use the system benefit from an expanded customer base and SafetyPay’s low transaction fees. Banks can offer their customers an attractive new service and generate revenues from their online banking facility, without any additional investment.

“In many developing countries people do not have access to credit cards and have—until recently—not been able to make online purchases,” said SafetyPay CEO Manuel Montero. “With the financial support of investors such as IFC, we are continuing our aggressive growth strategy to partner with banks and companies to give more consumers in Latin America access to our services.”

SafetyPay, headquartered in Florida, was launched in Peru in 2007 and is active in Mexico, Costa Rica, Brazil, and Colombia. The company currently has partnerships with 84 banks in Latin America, and with many of the region’s leading firms, including Groupon, Peruvian Airlines, Volaris Airlines, and Despegar.

“Online commerce increases price transparency, lowers transaction costs, and enhances export opportunities,” said Kent Lupberger, IFC Global Head of Telecommunications, Media, and Technology. “SafetyPay is playing an important role in giving more people access to online commerce, and we look forward to supporting their continued growth.”

Latin America has a fast growing e-commerce market. Total online retail sales in the region grew from $8 billion in 2006 to $43 billion in 2011, with an average annual growth rate of 41%.

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visithttp://www.ifc.org.

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.

Stay Connected
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Twitter.com/IFC_org
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http://www.ifc.org/SocialMediaIndex

 

SafetyPay and GlobalCollect Form Strategic Partnership to Advance Secure International Payment Solutions to over 300 Million Consumers

Originally posted on PRWeb.com http://www.prweb.com/releases/SafetyPay/GlobalCollect/prweb10875995.htm

At GlobalCollect’s thought leader event LATAM Insights on June 20th, real time online-banking payment solution, Safetypay and GlobalCollect announced their global partnership agreement. The partnership extends the reach of both organizations in markets around the world, while providing the companies the ability to provide their customers a more secure and seamless payment option.

“The announcement with GlobalCollect represents a solid step in our continued growth and accelerating momentum,” said Sandra Feinberg, Vice President of Sales for SafetyPay. “Our existing merchant partners already recognize the value of our solution, which ensures zero fraud and no chargebacks, and we’re confident GlobalCollect’s merchant base will quickly adopt the SafetyPay solution.”

Together, SafetyPay and GlobalCollect reach merchants and consumers in over 200 countries and territories across North America, Latin America, Europe, Middle East, Asia and Africa to create a truly global footprint. With SafetyPay, merchants can offer goods and services to customers they weren’t previously able to serve, including:

  •     Customers who do not have internationally accepted credit cards
  •     Customers who don’t want to use credit cards for fear of fraud or identity theft
  •     Customers without credit cards, but sufficient funds in their bank accounts

 

“As a global full-service Payment Service Provider we’re excited to offer the highly secure and seamless SafetyPay payment solution to our merchant partners around the world,” said Mike Goodenough, Vice President Payment Partnerships at GlobalCollect. “It is a great addition to our growing global payments network. We’re excited to connect our merchants to the 300 million strong international customer base that has access to SafetyPay today. By working together, SafetyPay and GlobalCollect will create an international ecommerce network that is unprecedented in scope and value.”

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. To see how SafetyPay works, visit http://goo.gl/Q3DPA.

About GlobalCollect
GlobalCollect is the most knowledgeable global Payment Service Provider in the world, processing more than US$14 billion in international e-commerce payments per year for more than 500 of the world’s most recognized e-commerce brands in the digital goods and services, travel, retail and video gaming industries, among many others. With nearly two decades of payments experience, we enable our clients to efficiently and securely accept payments from more than 170 countries in more than 170 currencies, using in excess of 150 local payment methods including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. This gives our customers unparalleled coverage, especially in high-growth regions like Latin America, where GlobalCollect acquired regional PSP Sub1 in 2012. Our robust and redundant systems guarantee our customers high availability and reliability. GlobalCollect’s business intelligence tools and more than 400 payments experts help our clients elevate their payment strategies to become a strategic asset to their companies.

For more information contact: Sasha Hernandez (786) 294-6411 ext. 252 shernandez(at)safetypay(dot)com

For more information contact: John Snoek – Global Vice President Marketing +31(0)23-567-1500 press.globalcollect(at)globalcollect(dot)com

 

Mexican Airline Volaris Adds SafetyPay to Payment Method Options

Originally posted on PRWeb.com http://www.prweb.com/releases/2013/6/prweb10850553.htm

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 that customers around the world can use SafetyPay to now purchase air tickets for Volaris flights through their website http://www.Volaris.mx.

SafetyPay currently is available through the four major banks in Mexico: Banorte, BBVA Bancomer, Santander and Scotiabank. “We are excited that Volaris has joined our ever increasing merchant base and are confident that both of our companies’ commitment to customer service will allow a multitude of users to pay for plane tickets safely and seamlessly,” said Gustavo Ruiz, SafetyPay VP of Latin America.

Volaris is the second largest airline in Mexico and is known for its attractive fares and promotions. The airline offers flights throughout Mexico, as well as numerous destinations in the United States including San Francisco, Los Angeles, San Diego, Las Vegas, Chicago, Denver and Orlando.

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, visithttp://www.safetypay.com.

About Volaris

Volaris is the airline with the most modern fleet in Mexico, consisting of 43 aircraft from the Airbus A320 family, with an average age of 4 years. Volaris currently offers 80 routes to 30 cities in Mexico and 10 in the United States: Los Angeles, Oakland / San Francisco, San Jose, San Diego, Fresno and Sacramento in California, Las Vegas, Orlando, Chicago and Denver. The carrier started operations in March 2006 and currently has over 2,600 Ambassadors (Employees).

 

SafetyPay Makes Paying for Online Gaming a Breeze

Earlier this week, SafetyPay announced its new partnership with one of the top online gaming payment systems, PlaySpan. PlaySpan is a Visa company and is the leader in monetization solutions, online games, social networks and online videos. 

With this new partnership, SafetyPay is also now also a  payment option for Facebook Credits, the official currency of the social network, Facebook. As it is becoming more widely adopted, Facebook Credits allow online social gamers to gain advantages in the games they play as well as rent movies from powerhouses like, Miramax and Universal’s Social Cinema.

According to Karl Mehta, CEO of PlaySpan, “SafetyPay has significant penetration into the growing Latin American market, and their service makes purchases of digital goods more accessible to that base. We are very enthusiastic about the opportunities this will bring to our customers.”

Stay tuned for more exiciting news from SafetyPay!

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

Sft_hsbc

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