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
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor 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. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...