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SafeCharge approved as MasterCard issuer

10th December 2014 9:31 am GMT

International payments provider SafeCharge has expanded its relationship with MasterCard to serve as an issuer of pre-paid MasterCard products.

The company announced the approval Wednesday alongside the appointment of Ali Farid Khwaja as executive vice president of its new card issuing division.

Commenting on the MasterCard approval, SafeCharge chief executive David Avgi said: "The extension of our MasterCard Principal Membership is another achievement for SafeCharge. The approval enables us to issue our own and co-branded pre-paid cards [...]

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