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Computop Paygate 6.0 Extends Support for International and Domestic Payments

…Latest Version of Computop's Payment Platform Utilized by Leading Global Merchants Features Additional Payment Methods and Collecting Services…

Bamberg, Germany - 16 January, 2014 - Computop, a leading payment service provider (PSP), today announced the general availability of Computop Paygate 6.0. This latest version of the company's multichannel global payment platform offers new features and functionality that make it even easier and faster for merchants to conduct business both domestically and internationally, and is fully SEPA enabled in preparation for the pan-European payment harmonization initiative due to go live in February and August 2014.

The release of Computop Paygate 6.0 extends yet further the choice of international and domestic alternative payment and processing methods available to support consumer preferences, including:

- Aura, Elo, Hipercard and Boleto Bancario (Brazil)
- Trustly (Finland, Denmark, Sweden and Spain)
- Pay U (Czech Republic, Hungary, India, Latin America, Poland, Romania, Hungary, India, Latin America, Poland, Romania, Russia, South Africa, Turkey, Ukraine)
- PaybyBill (Norway, Sweden, Denmark, Finland, Holland, Germany)
- Ipay Wallet (International)
- Vorkasse (Germany)
- PostPay (Germany)
- Barzahlen (Germany)
- Paymorrow (Germany)
- Masterpass (International)

These are in addition to the existing payment methods supported by the Computop Paygate platform.

"With cross border payments rapidly evolving we've enhanced our Paygate payment platform to address the needs of merchants that want to successfully grow their businesses both locally and beyond their borders without sacrificing consumer convenience or payment security," said Ralf Gladis, CEO of Computop.

Responding to shifts in economic and competitive conditions, the release of Paygate 6.0 sees Computop significantly extend its local market presence in a number of key global territories. In Brazil, for example, merchants can now use the Paygate platform to process locally issued Visa, MasterCard, AMEX and Diners Club credit cards alongside domestic payment cards such as Hipercard, Elo and Aura. Additional features now available for the Brazilian market include support for online payments and cash-in solutions such as Boleto Bancário, together with full support for online bank transfers with all major Brazilian banks. Furthermore, merchants can take advantage of Computop's eShopWorld solution to calculate local customs duties, taxes and shipping fees.

"With our deep history of supporting payments on a global scale and our incisive knowledge of the rapidly evolving payment landscape, we've further enhanced our Paygate payment platform to meet the needs of merchants that need to 'think global, act local'," continued Gladis. "The release of Computop Paygate 6.0 enables businesses to ensure the smooth and secure processing of payments throughout North America, Europe and Asia, and makes it possible to transact with confidence in fast emerging markets around the globe."

About Computop
Computop is a leading global payment service provider (PSP) that provides compliant and secure e-commerce, Point of Sale (PoS), m-commerce and Mail Order and Telephone Order (MOTO) payments globally. The company, founded in 1997, is headquartered in Bamberg, Germany, with local teams in the US, UK and China. Computop processes transactions totalling $8+ billion per year, for over 2500 large international merchants within industries such as retail, travel and gaming. Global customers include C&A, Fossil, Metro Cash & Carry, Samsung and TUI. In order to provide a complete multichannel solution for merchants, Computop has an international partner network and a global banking portfolio providing merchants with a seamless and secure transaction process, including its recent acquisition of assets from EOS Payment and Otto Group to provide payment services for merchants previously using the EOS Payment system.
Please visit: www.computop.com

For further information please contact:
Jessica Mularczyk (US)/ Antonia Taylor (UK)
Ascendant Communications, for Computop
E-mail: [email protected]

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Source: RealWire

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