Shares in payment specialist SafeCharge (SCH) tumbled 7 per cent on Thursday on its trading update for the sixth months to June. Despite a good performance from the SafeCharge Acquiring platform, the company said it is taking "slightly longer" than it expected to harness revenue growth from 'tier one' clients. These are the larger, high-quality businesses for which SafeCharge provides tailor-made payment solutions.
IC TIP:
Buy
at
261p