Online payment processor SafeCharge has been granted principal membership status for merchant acquiring by VISA Europe.
The company said that the VISA approval complements its membership of MasterCard Europe, which was granted in December of last year, and allows SafeCharge to directly acquire and process Visa and MasterCard transactions for merchants in the UK and across Europe.
SafeCharge said that the membership status will reduce the company's direct acquiring cost structure, accelerate the merchant acquisition process [...]