Welcome!

News Feed Item

Paymill and PAY.ON Start Cooperation and Open Up New Customer Segments

MUNICH, January 15, 2013 /PRNewswire/ --

PAY.ON AG, a leading international provider of web-based payment infrastructure services, and the payment service provider Paymill have agreed on a strategic partnership: in its scope, Paymill will be leveraging PAY.ON technology to optimise its existing payment processes and increasing the choice of payment types selection for customers of listed merchants. In turn PAY.ON will benefit from access to new merchant segments that Paymill is acquiring due to its simple technological solution. Both companies will be looking to develop new customer segments.

Paymill gives online stores and service providers on the internet the ability to integrate card payments on their websites. The very simple API, the fast onboarding process and the transparent price, in combination with comprehensive customer support set Paymill apart from other popular payment providers. Integration of the service is substantially facilitated for merchants by simple copying and pasting of a few lines of code into the source code of their websites. The service includes providing of payment methods and secure payment processing in the background. Paymill is the first provider to have brought this simple and user-friendly technical solution to Europe and is now extending its lead with PAY.ON technology. Besides newly-developed workflows for simpler, direct integration of merchants, PAY.ON makes additional payment methods, such as direct debit and 3D Secure available to Paymill merchants.

Markus Rinderer, CEO PAY.ON AG: "Simple integration of familiar payment methods is the key to success for more turnover for online stores and an increasing number of SaaS providers. Consistent implementation of this fundamental principle currently makes Paymill a very popular payment service provider in the European area. We are really excited that collaboration with Paymill has given us this opportunity to establish a foothold with a new technology and a new payment service offering for merchants. For PAY.ON, this also means logging into an interesting, self-determined merchant community."

Mark Fabian Henkel, CEO Paymill: "Paymill offers its customers an innovative service that not only reduces the time required to integrate all common payment methods to a minimum, but also allows online stores full freedom in the design of the checkout process - without being forced to do without necessary PCI-DSS security aspects. In PAY.ON we have a strong partner at our side, whose experience will help to reliably drive our rapid growth and international expansion."

About Paymill:

Paymill GmbH was founded in Munich, Germany, in June 2012 by Mark Henkel. The management team is complemented by Dr. Stefan Sambol, Jörg Sutara and Kilian Thalhammer. The company currently employs 25 staff, mostly with a technical background. Paymill is active in 34 countries across Europe and other regions. For more information go to http://www.paymill.com

About PAY.ON:

PAY.ON AG is a global s leading operator of payment infrastructure systems and provider of the PaySourcing white-label platform, as well as the PayPipe routing gateway. PaySourcing allows customers to outsource all relevant payment and risk-management processes or to offer them in the cloud, and thus become payment service providers themselves in a cost, time and resource-saving approach. PayPipe is a high-performance payment gateway that connects all payment market stakeholders globally with a single API. Unlike any other network, PayPipe accelerates global availability for all market stakeholders. Transactions can be handled online by PayPipe across all payment methods, in any currency, and on any type of system. All PAY.ON systems guarantee compliance with the security and requirements standards in effect on the international payment market. For more information go to http://www.payon.com

Press contact PAY.ON AG:
Wilhelm Fuchs
Manager Global Press and Public Relations
E-mail: [email protected] 
+49-89-45-230-562
http://www.payon.com

Press contact Paymill GmbH:
Nina Blasberg
E-Mail: [email protected]
http://www.paymill.com

SOURCE PAY.ON AG

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...