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29.06.2009
ClickandBuy opts for payment technology by PAY.ON
European Full-Service Provider of online payment systems and billing employs PAY.ON technology in global roll-out for global transaction clearing and risk management optimisation.
PAY.ON AG, leading provider of global payment and risk management technologies and processor of worldwide online payments has won with ClickandBuy a new customer for its global payment technology. ClickandBuy is a full-service provider of online payments systems and billing in Europe. More than 14,000 merchants use the complete service in 26 countries, 126 currencies and with 46 payment methods.
The Company is, similar to PAY.ON, on course of international expansion, and successfully enters new markets with its payments system and further strengthens its position in existing markets. PAY.ON supports the activities of ClickandBuy with its high-performance global payment outsourcing platform PaySourcing. ClickandBuy uses the platform for global payment transaction clearing and fraud prevention optimisation.
ClickandBuy already successfully employs the PAY.ON technology for its payment transactions in Brazil, a new target market of the Company. Focus of the activities, apart from Brazil, is on Spain, Great Britain and North America. The PAY.ON payment technology supports an efficient roll-out of ClickandBuy into new markets. A connection of new processors, financial institutes and plug-ins is realised within 8 weeks. In general, this procedure requires 6-12 months. Currently, the system has connectors at more than 100 third-party systems. New connectors are continuously integrated into the PAY.ON platform; on average 2-3 connectors every
4-6 weeks.
"With ClickandBuy we were able to win a further partner for our payment technology. We have proved that our technology is truly global. Besides providing the technology we also consult our clients on the basis of our domestic market competence and industry expertise. Thus, we are able to ensure the successful integration of domestic payment schemes and an immaculate risk management", says Robert Kuzelj, CEO of PAY.ON AG.
Thomas Tittelbach, Head of Payment Systems at ClickandBuy, states: "In PAY.ON we have found an international partner that does not only provide the technology but is also our sparring partner in the various local markets. Thus, we are able to fully meet specific domestic market demands and specifications."
