DGAP-Media: PAY.ON AG: Supporting Axcess Merchant Services Ltd. in online merchant business
(firmenpresse) - PAY.ON AG / Key word(s): Computer/Telecommunication
27.10.2010 15:32
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PAY.ON, leading provider of global payment technologies, has won Axcess
Merchant Services Ltd.(AMS) as a new client.
PAY.ON AG, a leading provider of payment and risk management technologies
and global processor of online payment transactions, will support Axcess
Merchant Services Ltd. in their online merchant business. AMS, based in the
UK, provides online merchants with a range of payment solutions, focussing
on more well established merchants and tailoring solutions to suit their
more complex business needs. Key is a commitment to not just offer a single
payment solution, but the right solution to specific business needs.
Martin Greenbank, CEO of Axcess Merchant Services Ltd., announced: 'After
screening the white label internet payment gateway provider market, we
decided to work with PAY.ON. In the past several years, PAY.ON continuously
expanded its acquiring banking and alternative payment scheme network and
has now the largest global network. Consequently, AMS will experience the
advantage to be steadily introduced to new acquiring banks to expand its
regional coverage and to be able to support merchants in previously
uncovered regions. Another important aspect was the fact that the risk
management set-up of PAY.ON's Business Intelligence Platform (BIP) can be
classified in different merchant risk groups suitable for all types of
merchant businesses. This provides the convenience that any new merchant
boarded can easily be assigned to the related risk management feature group
and automatically inherit the specifically activated risk management
features.
On top, the related Internet Payment Service Provider (IPSP) can - if he
prefers to do so - bill each risk management feature used specifically to
achieve a high level of transparency. We were also impressed from an
operational point of view how fast it was possible - thanks to the flexible
support of PAY.ON's account management - to start boarding merchants and
processing transactions in PAY.ON's live- or production system.
Robert Kuzelj, CEO of PAY.ON AG, adds: 'We are very happy to have won AMS
as a new client. Thanks to our worldwide network of banking partners and
connectors, we are ideally suited to support AMS in their growth.'
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 140 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
About AXCESS MERCHANT SERVICES Ltd.:
Axcess Merchant Services Ltd (AMS) is a global payment service provider
whose headquarters are based in Leeds, UK. AMS offers a range of
multi-currency payment solutions, including e-commerce and mail
order/telephone order transaction processing, to merchants from a broad
range of business sectors.
The AMS management team have a wealth of experience in the financial
services/banking sector, and have been more specifically focused on
developing electronic payment solutions since 2000.
AMS has a clear commitment to working with merchants who may be finding
their current processing relationships difficult, prohibitive or
ineffective. Such merchants often have high volume processing requirements
or need a completely tailored, flexible solution that is designed with
their business in mind. AMS help such retailers drive their businesses
forward by matching their needs with a more reliable and responsive banking
partner. Over the years Axcess Merchant Services has built up strong
relationships with an international network of banks and card processors
which support our rapidly growing merchant base.
With a strong focus on risk and fraud prevention strategies, AMS works with
each merchant to identify their own unique requirements, and uses its
wealth of industry knowledge to implement a sophisticated, seamless
end-to-end card processing solution.
Whatever the sector, AMS's commitment is to helping its merchants choose
the right card acquiring partner, and ensure that they maintain a secure,
long-term and quality banking relationship for their business.
www.axcessms.com
Media Contact PAY.ON AG:
Martina Kink
Tel.: +49 (89) 45 230 552
martina.kink(at)payon.com
Media Contact Axcess Services Ltd.:
Sasha Hanau
Tel.: +44 (0) 07545 211662
Sasha.hanau(at)axcessms.com
27.10.2010 15:32 Dissemination of a Press Release, transmitted by DGAP -
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Language: English
Company: PAY.ON AG
Grillparzerstraße 18
81675 München
Deutschland
Internet: www.payon.com
End of Announcement DGAP-Media
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Datum: 27.10.2010 - 15:32 Uhr
Sprache: Deutsch
News-ID 32424
Anzahl Zeichen: 0
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Kategorie:
Business News
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