Safecharge Authorised As Electronic Money Institution

Will allow for expansion in B2C and services portfolio

Teddy Sagi's recently AIM-listed online payment processing company SafeCharge Limited has been authorised as an Electronic Money Institution (EMI) allowing the organisation to issue electronic money in accordance with the European Union E-money directive and as authorised by the Central Bank of Cyprus.

David Avgi, chief executive officer of SafeCharge said: "Obtaining the EMI license fulfils one of our central objectives, as outlined in our strategy. The EMI license places SafeCharge in a key position to capitalise on the expansion of e-wallets, mobile wallets and prepaid card issuance globally."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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