SafeCharge, a Nuvei company, announced yesterday its entry into Slovakia and the Czech Republic and markets with Fortuna Entertainment Group, a betting and gaming operator in Central and Eastern Europe. SafeCharge is also further developing their payment processing capabilities in other countries including Romania and Croatia. Fortuna can accept all standard, local payment methods specific to each country through a single integration.
The company developed advanced pre-deposit verification flows for credit cards and alternative payment methods (APMs) to comply with each country’s regulatory requirements. For customer verification, SafeCharge can securely validate the identity of players through their bank account details. Furthermore, the company configured intelligent risk management solutions to minimize risk of potential fraud and chargebacks. Automated Know Your Customer (KYC) and Anti-Money Laundering (AML) checks were also implemented before payouts.
Nicklas Zajdel, Group Chief Operating Officer of Fortuna Entertainment Group, said:
As we work towards further growing our gaming operations in this region, it is essential for us to have a payment partner with the level of technology and capabilities required to flourish. Central and Eastern Europe have strict regulations, unique payment methods and local currencies that must be addressed. By leveraging SafeCharge’s technology and deep knowledge of local gaming regulations, we are in a perfect position to establish a major foothold in this region and beyond.
Yuval Ziv, MD of SafeCharge and head of global acquiring, said:
We are delighted to broaden our business scope with Fortuna and to empower them with a seamless expansion into new, lucrative markets. As long-time partners, it was important for our dedicated professional services and development teams to support Fortuna’s growth by playing an integral role in their ongoing success. We feel that our advanced and flexible technology platform is the best choice for gaming operators to comply with each country’s requirements, whilst delivering a localised user experience for their players.
SafeCharge’s Cashier makes it easier for iGaming operators to enter new markets. Integrated compliance technology adapts to specific country regulation and localization capabilities ensures that relevant payment methods are available for players in each country.
Montreal-based payment technology firm and global payment solutions provider, Nuvei acquired SafeCharge in August 2019.
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