SafeCharge, a provider of payments services and technology, has entered into a strategic partnership with 2C2P, a Singapore-based payment services provider, to expand its technology product offering to 2C2P’s merchants.
The deal will expand SafeCharge’s product offering to 2C2P’s merchants including travel businesses and retailers / e-tailers in South East Asia.
Additionally, SafeCharge has completed a minority investment in 2C2P.
Under the partnership, SafeCharge will connect its payment platform with 2C2P in Asia to expand its international payment processing services to Asian merchants.
SafeCharge CEO David Avgi said: "Asia Pacific continues to be a key focus area for SafeCharge and is a central part of management’s long term strategic vision. We expect to see significant growth for SafeCharge coming from the fast growing e-commerce markets in the Asian region."
2C2P had processed $2.2bn in payments in 2014 and has offices in Indonesia, Malaysia, Cambodia, Laos, Myanmar, Philippines, Thailand and Hong Kong