PAY.ON AG: PAY.ON and deal united cooperate

PAY.ON AG: PAY.ON and deal united cooperate

ID: 34637

(firmenpresse) - PAY.ON AG / Key word(s): Internet and Multimedia/
PAY.ON AG: PAY.ON and deal united cooperate

DGAP-Media / 19.07.2011 / 10:06

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deal united and PAY.ON AG announce a cooperation to market their payment
services internationally. In cooperating, both companies optimise their
services and manifest their global coverage.

PAY.BY.SHOPPING is as of today connected to the PAY.ON gateway PayPipe and
fully integrated into the platform PaySourcing. The two systems enable
payment providers like PSPs through a single interface global online
payment processing as well as access to the biggest network of connectors
and payment schemes worldwide. For deal united, this cooperation offers
great potential to find new business partners and the opportunity to
promote their product extensively. By connecting the international payment
method PAY.BY.SHOPPING, PAY.ON extends its services with a further payment
scheme for payment providers worldwide.

PAY.BY.SHOPPING allows online shoppers to pay for their virtual or digital
goods by buying at deal united's shopping partners. Merchants thereby
achieve a higher conversion rate of up to 72%, shopping partners
significantly increase their turnover and end customers have the benefit of
'buy one, get two.'

Markus Wiedemann, Head of Sales Europe at deal united, says: 'We are very
lucky to have won the perfect technical partner for our national and
international expansion. With PAY.ON, PAY.BY.SHOPPING can be integrated by
merchants much faster and easier. We offer merchants an alternative payment
method, which considerably increases conversion rates.'

For PAY.ON, Nikolaus von Taysen, member of the executive committee,
comments: 'We are happy to have deal united on board. We support our
cooperation partners in their global market penetration and enable them




access to international payment providers, whom they can then employ as
resellers of their payment method. With PAY.BY.SHOPPING we add yet another
intelligent and extraordinary payment scheme to our portfolio. The concept
is easy to understand and an excellent alternative to conventional payment
options. We look forward to a successful cooperation.'

Contact:
deal united GmbH PAY.ON AG
Claudia Rook Annett van de Bunt
Marketing Manager Head of Marketing
T: +49 (0) 89 416 157 014 T: +49 (0) 89 45 230 552
F: +49 (0) 89 381 649 369 F: +49 (0) 89 45 230 553
claudia.rook(at)dealunited.com annett.bunt(at)payon.com
ww.dealunited.com www.payon.com

About deal united:
deal united is a Munich-based e-commerce company that has already
established its alternative payment method PAY.BY.SHOPPING worldwide. This
method allows website users to pay for their desired digital and virtual
product by purchasing a voucher or product at one of deal united's shopping
partners. Well-known companies like Amazon, audible.com, Dell, OTTO,
Toys'R'Us and Zalando are only a few of the already existing esteemed
partners. deal united's merchants include renowned companies like Bigpoint,
DivX, Frogster, Sony Musicbox and Steganos.

deal united creates a win-win situation for all parties involved with
PAY.BY.SHOPPING. Thanks to the innovative concept, deal united was awarded
the Red Herring Global and Red Herring Europe Awards. Since its founding in
2008, the company has opened branch offices in Paris and San Francisco.
Investors of deal united include, among others, Bertelsmann Digital Media
Investments, FoundersLink GmbH, High-Tech Gründerfonds, Tengelmann
E-Commerce Beteiligungs GmbH and Venture Incubator.


About PAY.ON AG:
PAY.ON AG is an internationally leading processor of global payment
transactions on the Internet. PAY.ON's core competencies comprise
outsourcing and routing of payment transactions, risk management,
monitoring services as well as various technical back-end solutions. The
systems and the transaction processing of PAY.ON enable clients to fulfill
local payment demands and serve their customers worldwide. Typical clients
of PAY.ON include leading independent payment providers, payment scheme
suppliers, acquirers as well as risk management providers.

The two core technologies of PAY.ON are PaySourcing(www.paysourcing.com), a
modular platform for global payment outsourcing, and
PayPipe(www.paypipe.com), an e-gateway for global payment routing.
PAY.ON systems are fully PCI-certified and support classic as well as
alternative online 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; on
average one a week. As a payment processor and expert, PAY.ON does not
offer its systems and services to online merchants.

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


End of Media Release

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19.07.2011 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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132452 19.07.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 19.07.2011 - 10:06 Uhr
Sprache: Deutsch
News-ID 34637
Anzahl Zeichen: 0

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