Welcome!

News Feed Item

Live Gamer Expands Its Latin American Payment Support With Additional Methods, Offers the Most Comprehensive Payments Solution to Global Digital Merchants

Live Gamer, Inc., “LGI” (www.livegamer.com), a leading provider of digital commerce solutions for the interactive entertainment industry, today announces support for additional payment methods in eight Latin American countries. LGI’s offering makes available the most popular local payment methods in each territory including pre-paid, bank transfers, local credit and debit and mobile. LGI’s solution also includes a turn-key service that handles the complex issues surrounding cross-border payments. LGI has diligently worked to bring the most comprehensive Latin American payment solution to global merchants of any provider today and deepens its support in Brazil, Argentina, Columbia, Mexico, Chile, Peru, Uruguay and Venezuela.

In Latin America, accepted forms of payments include cash-based methods such as Boleto Bancario, online bank transfers as well as major credit cards such as Visa and MasterCard through local card acquiring relationships. Processing locally significantly increases approval rates and reduces cross-border fees. By partnering with LGI, global merchants can effectively sell their digital products and services to consumers in one of the fastest growing markets.

“From our research we know that only accepting major credit cards leaves out a revenue opportunity of 50-90 percent in an international context, and accepting major credit cards from global processors actually results in higher decline rates. We continue to see strong growth for digital content and, consequently, a need for streamlined digital payments in South America,” said Joost van Dreunen, CEO & Founder, SuperData Research. “For example, by using local credit cards, content providers can increase revenue by 60-70 percent in a leading market like Brazil, where more than half of all credit cards not enabled for international payments tend to be declined.”

“To optimize revenue in Latin America, it is critical that digital merchants accept local payment methods and process credit cards via local acquiring relationships,” said Clayton Foster, GM of Global Payments for Live Gamer, “LGI has made it easy for our partners to improve their monetization in these markets through our comprehensive payment line up and by handling the local complexities and repatriation of funds, our partners can focus on what they do best – offering the best content and services.”

LGI supports more than 40 payments methods in 15 Latin American countries in total. Top methods include 20 cash-based methods, Boleto payments such as Boleto Bancario in Brazil, online bank payments in six countries, local e-wallet methods such as MercadoPago and PagoSeguro, and more.

These methods have been incorporated into Live Gamer’s Elements platform, which offers enterprise-level digital content providers a secure and scalable, SaaS-based digital e-commerce solution. Pay+ is an advanced transactional product that allows digital content providers to immediately start selling content on a global basis through the top performing payment methods by country. Beyond speed and cost-effectiveness, the two represent complete solutions, handling a number of related services including PCI DSS-compliancy, fraud mitigation, VAT/sales tax handling, and end-user transactional customer support. Both products will now include the preferred forms of payment for Latin American consumers.

Resources:

  • For more information on Elements, please click here.
  • For information on Pay+, here.
  • To request the details of all international payments methods covered, please go here.

About Live Gamer, Inc.:

Live Gamer’s mission is to stretch the boundaries of what’s possible and profitable in the ever-evolving economy for digital goods, content and services on a global basis. With the vast capabilities of a dynamic, talented and global team, Live Gamer delivers a broad set of e-commerce solutions to clients across industries including games, media and entertainment and finance and technology, all around the world.

Headquartered in New York with offices around the world, Live Gamer is led by a strong management team with proven success in the digital space. With more than 120 enterprise clients transacting in more than 180 countries, Live Gamer’s goal is to be the partner of choice for monetizing and optimizing new streams of revenue for leading digital businesses today.

For more information on the company and its services, please visit www.livegamer.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-technology approach that focuses on business outcomes to drive data, analytics and technology decisions that underpin an organization's digital transformation strategy.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...