Welcome!

Blog Feed Post

Joules Prepares for Expansion of International Sales with Computop’s support

… Payment Service Provider (PSP) Computop works with Joules to expand online and telephone order payment options…

London, United Kingdom - 26 February 2014 - Computop, a leading payment service provider (PSP), has announced it is working with Joules to extend its payment capabilities and widen the choice of payment methods available to customers both home and abroad. In addition to processing all card payments globally, the partnership will also expand the payment options open to Joules' customers within Germany. This will enable customers from within Germany to choose from a wide range of local options, including Electronic Direct Debit, Open Invoice, Automated Bank to Bank Transfers via giropay and PayPal.

This is a key development for the British clothing brand as, whilst credit cards are already the predominant payment choice in the UK, the preference amongst German consumers for direct debits and invoices has historically limited the success of some UK retailers when moving into this major market. In fact, a recent survey[1] by Market Research firm Forsa shows that 'Payment on Account' is the most commonly used payment method for online shopping in Germany. Not less than 58% of the online customers order online and pay afterwards via invoice. Credit card usage lags behind (34% use MasterCard, VISA or American Express).

"On deciding that we wanted to expand our payment footprint internationally," commented James Davey, Director of E-commerce, at Joules, "we began a journey of discovery, speaking to a number of payment service providers about the options open to us. We chose Computop's Paygate 5.0 solution because it enables Joules to dramatically expand the payment options available for our overseas customers and in particular, for markets like Germany, where alternatives to cards are preferred by consumers.

"In addition we are using Computop's tokenization functionality which is helping to simplify the buying process for retuning customers, and Computop's fraud protection tools, which we expect will dramatically reduce overseas fraud." concluded Davey.

Ralf Gladis, CEO at Computop explained, "There have been significant developments in the German payments market recently that has made payment on account a more attractive option for international retailers. A number of Open Invoice companies like BillPay and Klarna will now guarantee payment on behalf of the consumer, subject to a credit check, and mitigate the risk of default for the merchant."

He continued, "This has encouraged British retailers to consider Germany - and its 41 million online shoppers - as a key strategic market for expansion."

As a part of the hybris Extend Programme, Computop has developed an integral, fully supported and certified plug-in for the hybris eCommerce platform, hybris Commerce Suite. This powerful tool set allows Computop to develop different platforms for different markets and is key for Joules' international expansion plans due to its customizability.

The service will also provide a fraud prevention module, which verifies the IP address of the computer against the origin of the credit card. Computop will identify if the internet connection is via satellite or through an anonymous proxy server in order to warn Joules or decline high risk transactions.

[1]Survey by market research firm Forsa on Germany's consumer payment preferences

About the Computop Paygate platform
Computop Paygate is a PCI DSS certified payment platform that provides multichannel service providers and retailers with secure payment solutions and efficient fraud prevention for international markets. With just one interface needed, Computop Paygate allows retailers access to over 60 payment methods including all relevant local and international payment options for e-commerce, MOTO, mobile payment and POS solutions. Leading e-commerce solutions from the likes of Demandware, hybris, Intershop, Magento, Oxid eSales and SAP Business ByDesign all support Computop Paygate as a preferred payment service solution for global payment processing. In addition, Computop offers Computop Paygate as a white label solution to banks and payment service providers (PSPs) enabling them to provide their customers with secure and seamless payment processing.

About Computop
Computop is a leading global payment service provider (PSP) that provides compliant and secure e-commerce, MOTO, Point of Sale (PoS) and mobile solutions, globally. The company, founded in 1997, is headquartered in Bamberg, Germany with local teams also within China, the United Kingdom and the United States of America. Computop processes transactions totaling over 9 billion US Dollars per year, for over 2800 large international merchants within industries such as retail, travel and gaming. Global customers include C&A, Fossil, Metro Group, Samsung, TUI and illy caffe. In order to provide a complete multichannel solution for merchants, Computop has a robust partner and global banking portfolio providing merchants with a seamless and secure transaction process.

For further information please visit: www.computop.com.

About Joules
Tom Joule, founder and CEO of Joules, sold his first products in a field at a horse show in 1989 and opened his first store in his hometown of Market Harborough, Leicestershire. Today the business trades out of stores nationwide, at all the key equestrian events as well as online and through more than 600 stockists.

The Joules Spring Collection is currently available via Joules.com

Frances Quinn, Childrenswear designer for Joules won The BBC's Great British Bake Off 2013.

For all press enquiries please contact [email protected].

For further information please contact:
For Computop

Antonia Taylor
Ascendant Communications
Tel: +44 (0) 7968 775571
E-mail: [email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
The IoTs 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, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...