Online payments service provider SafeCharge just announced that they are expecting to grow in revenues in Q2, after having reported that they had a strong start to Q2 with great trading results. The company's year-on-year results for Q1 resulted in a good growth for the company and an increase in profits and revenues, mainly due to organic growth from their customers.
Meanwhile SafeCharge has signed some huge agreements in Q2 which includes a deal with betting giant Ladbrokes as well as Gaijin Entertainment, who both went live with SafeCharge in Q2 this year. With two new strong partners, it looks like SafeCharge has created a solid business that will continue to grow over the next years.
To ensure further growth and to be one of the leading payment service providers in the industry, SafeCharge appointed Praful Morar as corporate development and strategy director, which will strengthen their geographic expansion plans. Morar will only report to the CEO and used to be the VP of vertical market strategy at WorldPay, another payment processing company.
Morar's main responsibility will be to ensure that SafeCharge can enter in new and unexplored markets and thus grow revenues in those areas as well as make the company more well known across the globe.