DGAP-Media: PAY.ON successfully connected more than 40 third party systems in 2009
(firmenpresse) - PAY.ON AG / Research/Technology
15.02.2010 13:13
Dissemination of a Media Release, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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PAY.ON, leading provider of global payment technologies, connected more
than 40 new third party systems last year. Offering a variety of new
payment methods and local payment solutions that support the penetration of
new horizontal markets and segments, PAY.ON provides the necessary means
for its clients to grow globally.
PAY.ON AG, leading provider of payment and risk management technologies and
global processor of online payment transactions, continuously integrates
new connectors into its platform. On average, this amounts to 3 to 4
connectors every 4 to 6 weeks, currently counting about 150 connections to
third party systems. Last year alone, 40 new third party systems were
connected. Along with classic and alternative payment methods, the
technology also supports transactions by mobile, sms, prepaid cards,
voucher and wallet payments, as well as endorsing the transaction
processing of loyalty cards.
Among integrated connectors in 2009 were leading acquirers like Elavon's US
platform, Barclaycard, Merchant e-Solutions, EMS card solutions and payment
method providers such as Interac via Moneris, Centricom POLi, ClickandBuy,
Star Finanz giropay, TPAY, Miles&More, paysafecard, Cash-Ticket, mpass
and many more.
This constantly growing network of partners and connectors empowers
PAY.ON's clients to expand quickly and internationally by offering their
merchants a variety of acquiring services as well as various different
payment methods. Global payment technologies and transaction processing
enable a worldwide customer service by integrating solutions that
specifically meet domestic payment demands.
Additionally, payment experts are able to outsource their technical
transaction processes to PAY.ON, allowing them to focus on their core
competencies and to offer their merchants a state-of-the-art payment
technology that is constantly further developed and meets growing market
and legal demands. Further, PAY.ON provides clients with connections to
acquirers and/or payment methods on demand; the integration process is
usually completed within 4 to 8 weeks. Typical clients of PAY.ON are
leading payment service providers, payment scheme suppliers, acquirers,
risk management providers, fulfilment providers and shop hosters.
Robert Kuzelj, CEO of PAY.ON, comments: 'PAY.ON offers superior payment
solutions. Our know-how and high-quality technologies enable clients to
work and grow internationally. Next to offering progressive payment
technologies worldwide, we provide a great variety of classic and
alternative payment methods. It is our aim to connect as many banks,
acquirers and payment methods to our platform as possible, with special
regard to current projects, and we are able to integrate new connectors
faster than any other market participant. This way, PAY.ON guarantees that
the needs and wishes of our clients are met at any time and in every
market. To ensure successful business processes between the parties, we
qualify the best-fit connectors for our clients and take great care in the
selection process. Additionally, we are the technology partner of the PSP
and as such do not serve merchants. This allows us to focus on the
technology and its development, and offering our business partners the best
possible solution for their needs, whereas our clients can focus on doing
business.'
About PAY.ON AG:
PAY.ON AG is an internationally leading supplier of global online payment
and risk management technologies, and processor of online payment
transactions. The Company offers the core competencies of global
outsourcing services and routing for monetary transactions, wallet
solutions, risk management and monitoring services, as well as various
technical back-end solutions. The global payment technologies and
transaction processing of PAY.ON enable clients to serve their customers
worldwide by integrating solutions that specifically meet domestic payment
demands. Typical clients of PAY.ON are leading payment service providers
(PSP), payment scheme suppliers, acquirers as well as risk management
providers. The technology and services of PAY.ON are fully integrated into
the clients' corporate design as white label. As a technology provider and
expert, the Company does not serve merchants.
The two core technologies of PAY.ON are PaySourcing(TM)
(www.paysourcing.com), a modular platform for global payment outsourcing,
and PayPipe(TM) (http://www.paypipe.com), an e-gateway for global payment
routing.
The technologies of PAY.ON are fully PCI-certified and occur online
payments by classical as well as alternative payment methods. The system
has connectors at more than 150 third-party systems and supports all major
payment methods and currencies worldwide. New connectors are continuously
integrated into the PAY.ON platform; on average 3-4 connectors every 4-6
weeks.
PAY.ON was established in 2004 by a group of payment experts. The corporate
headquarter is in Munich. The Company has subsidiaries in Salzburg, Hong
Kong and Manila.
www.payon.com
Media Contact PAY.ON AG:
Martina Kink
Tel: +49 (89) 45 230 552
martina.kink(at)payon.com
15.02.2010 13:13 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Datum: 15.02.2010 - 13:13 Uhr
Sprache: Deutsch
News-ID 17053
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