Press contact
Please address and media requests to:
PAY.ON AG
Annett van de Bunt
Head of Marketing
Grillparzer Straße 18
D-81675 Munich
Germany
T: +49 (89) 45 230-552
F: +49 (89) 45 230-553
M: +49 (162) 27 962 62
E: press@payon.com
15.02.2010
PAY.ON successfully connected more than 40 third party systems in 2009
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™ (www.paysourcing.com), a modular platform for global payment outsourcing, and PayPipe™ (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.
Media Contact PAY.ON AG:
Martina Kink
Tel: +49 (89) 45 230 552
martina.kink@payon.co
