SafeCharge, a leader in advanced payment technologies, announced that it is providing its services to Funzing, an innovative community marketplace.
Funzing connects “hosts” who want to share their hobbies, professions and even properties (a home recording studio, a magical tree house in the backyard, etc.) with people interested in the same things. The company operates in the United Kingdom, Israel and Singapore, and payment has been an issue for the site. According to Finextra, the company has had difficulty accepting payments from its global customer base, as well as distributing payment to its hosts.
“One of our biggest challenges is meeting the needs of buyers and sellers that want to use diversified payment options. SafeCharge has provided a transparent, highly resilient and always available payments solution—without passing the complexity on to us,” said Avigur Zmora, founder, Funzing.
SafeCharge is a FinTech company that provides technology-based, multi-channel payments services that can simplify the online and mobile payment process for busy websites.
“Marketplaces will continue to grow in both number and size as an effective way to directly connect buyers and sellers. SafeCharge has identified these demanding businesses as strategic clients and is committed to facilitate their payments, ensuring they meet buyers and sellers needs, are fully secure and address applicable regulation requirements,” said Yuval Ziv, COO, SafeCharge. “Funzing is an innovative sharing economy platform, and we are excited to facilitate payments for this fast growing market.”