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SafeCharge granted European E-Money Institution licence

16th September 2014 7:44 am GMT

London-listed online payment processor SafeCharge International Group has been licensed as an Electronic Money Institution (EMI).

The approval allows SafeCharge’s operating subsidiary, SafeCharge Limited, to issue electronic money in accordance with the European Union’s E-money directive and as authortised by the Central Bank of Cyprus.

The company says that it will allow it to continue expanding its services portfolio to its existing client base, which includes Ladbrokes, online forex trader FXDD and Russian video games developer Gaijin.

Being [...]

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