EVO Payments International and PAY.ON Form a Technology Partnership to Provide a Quick Interface for SME Merchants
MUNICH and COLOGNE, Germany, April 15, 2014 /PRNewswire/ —
PAY.ON, the world’s leading operator of web-based, omnichannel payment infrastructure systems, and EVO Payments International (EVO), a leading card payment acquirer and payment service provider in the United States, Canada and Europe, are combining their expertise to provide European small to medium merchants with a quick and easy interface to a payment solution that has all the advantages of the latest payment technology. The new interface will be available in Europe, initially in Germany, Austria and the Netherlands.
PAY.ON and EVO complement one another in their strategic concentration and client focus. EVO combines strong acquiring, processing and consulting skills on its European platform with the proven expertise of its parent company in the SME area. PAY.ON offers comprehensive technology expertise, from an omnichannel and PCI-compliant payment platform, through to the universal interface COPYandPAY, to the integration of country-specific payment methods and highly efficient risk tools and a number of shopping plugins to the payment-specific expansion of shopping systems.
EVO previously solely focused on project business with large and international merchants and now also seeks to be more active in the SME segment. For small and medium-sized online merchants, a simple payment solution that can be put into operation immediately is essential to the launch and expansion of online businesses. EVO and PAY.ON have created a full service offering to meet the needs of these merchants, through EVO’s payment processing platform which offers the acceptance of a variety of cards, giropay and additional payment methods as well as anti-fraud measures.
Wolfgang Berner, Vice President Product and Integration at PAY.ON AG, says: “The flexible payment infrastructure, quick merchant operability and accurate payment setup are necessary nowadays in order to ensure seamless payment processing. These items are particularly crucial for SME merchants. We are pleased to be working with EVO Payments International to greatly simplify online expansion for many merchants while at the same time equipping them in the best way possible for this expansion. PAY.ON makes this path smoother by using cutting-edge technology to translate the latest developments and complex requirements into simple, intuitive solutions.”
Mark Spangenberg, EVO‘s European Chief Operating Officer, adds: “In order to be able to satisfy the various needs of our customers, our acquiring platform in Europe has long offered a range of interfaces, which are geared in particular to the needs of our large clients. When we expanded our activities into the SME area, we sought partners like PAY.ON who could successfully meet the needs of SME clients.”
About PAY.ON AG:
PAY.ON AG is one of the world’s leading operators of payment infrastructure systems whose cloud services meet all of the needs and requirements of modern and globally connected payment processing. As a white label provider, PAY.ON guarantees its clients (PSPs, ISOs, acquirers and financial institutions) complete independence. The full range of the omnichannel PAY.ON platform allows users to activate an ad-hoc proprietary system with all relevant payment and risk management processes, including global connectivity and the latest fraud and charge prevention – which can be supplemented at any time to include external tools and market-tested PAY.ON services, such as quick merchant onboarding and mobile payment. Thus, business cases, no matter how complex they may be, can be implemented, expanded or completely outsourced in a manner that saves time, money and resources. The modular PAY.ON gateway enables the prompt connectivity expansion of existing systems via a single proprietary API with direct access to more than 350 system-relevant payment providers around the world, including over 150 payment methods. Thus, with its gateway PAY.ON accelerates global provider availability like no other network. All PAY.ON systems ensure seamless compliance with internationally required PCI and security standards and are always operated with high system availability via proprietary data centers. For further information, please go to: http://www.payon.com
About EVO Payments International GmbH:
EVO Payments International GmbH (‘EVO’) is the European subsidiary of EVO Payments International. As Principal Member of Visa and MasterCard, EVO offers international solutions for debit and credit card acceptance and transaction processing for physical points of sale, e-commerce and mail-order retailing and ATMs. In addition to card acceptance EVO provides a full suite of services including further non-cash payment methods, fraud prevention systems and other services which ensure easy, quick and secure handling of payments. EVO’s payment solutions are supported by an experienced team of professionals and a best-in-class technology platform. The acquirer and payment service provider is the exclusive card acquiring provider for Deutsche Bank’s Global Transaction Banking (‘GTB’) in Europe and has been repeatedly named “best acquirer for international merchants”. For more information, please visit http://www.evopayments.eu
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SOURCE PAY.ON AG