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
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...