SafeCharge International Limited Acquires Xt:Commerce GmbH

Posted by Kimberly Richardson [22 Jun 2010] | Category: Company Acquisition | Business Press Releases

SafeCharge International announces the acquisition of xt:Commerce GmbH, a leading provider of e-shops and e-commerce solutions.
xt:Commerce is one of the largest industry leaders of e-Shop software providers with over 100,000 shops and highly prestigious clients such as: Osram, Volkswagon Accessories, 3M Online Shop, Butlers, Mindfactory, Marktkauf, Delsey and Bugatti.

"Online commerce continues to grow rapidly, and this acquisition will enable SafeCharge to offer advanced and enhanced services that will better meet the growing demand of global merchants. This includes a robust, e-commerce platform and secure online payment processing capabilities," said David Avgi CEO of SafeCharge International. "With xt:Commerce we are adding one of the most innovative online shopping integrators in Europe with plans for global expansion. I am confident that the combination of SafeCharge and xt:Commerce will position SafeCharge to lead as international premium service provider in the e-commerce industry."

“SafeCharge’s extensive experience in the online industry will support xt:Commerce to strengthen and professionalize the current business by rapidly expanding support, sales and development teams for xt:Commerce worldwide. By utilizing the resources and infrastructure of SafeCharge, xt:Commerce will extend their business to the international market and deliver one of the most advanced e-commerce platforms worldwide”, said Mario Zanier, founder and CEO of xt:Commerce.

About xt:Commerce:
xt:Commerce is a powerful e-commerce shop system, offered in multi languages with a broad spectrum of e-commerce functions and running in over 100,000 shops in Europe.
The xt:Commerce shop solution is characterized by a simple to use admin interface and a powerful search engine optimization, so whatever the size or phase of the online business vendor, the experts at xt:Commerce have the ideal shopping solution. For more information, visit www.xt-commerce.com.

About SafeCharge

With subsidiaries worldwide, SafeCharge is a PCI certified, international leading payment service provider integrating high-end payment gateway services with one of the most powerful online fraud prevention solutions available today. SafeCharge began operations in 2000 and provides e-merchants with a complete, secure solution. SafeCharge offers their merchants a wide array of currencies and local payment methods. Along with this, SafeCharge’s expert risk management and technological know-how have been maximizing merchant’s sales conversion for over 10 years. For more information, visit www.safecharge.com.

Safecharge Contact:
David Avgi
Media@safecharge.com

xt:Commerce Contact:
Mario Zanier
mzanier@xt-commerce.com