PAY.ON AG
PAY.ON continues to cover Latin America: New cooperation with DineroMail
PAY.ON AG / Key word(s): Computer/Telecommunication/ 20.06.2011 / 17:27 PAY.ON, leading processor for payment providers, and DineroMail, premier payment system in Latin America, announce cooperation. Munich / Buenos Aires, June 20, 2011: PAY.ON AG and DineroMail announce that they have established a cooperation to market their services in Latin America. In cooperating, the two companies not only maximise their services but also manifest their global coverage. By connecting DineroMail's payment solution to the PAY.ON platform, PAY.ON clients have access to all prepayment solutions and major credit cards offered by DineroMail on the Latin American market. Latin American and international PSPs can use DineroMail's local payment methods through a gateway experience. The standard interface across the region makes additional country contracts redundant and ensures a fast and clean payment process. Countries included in the cooperation are Argentina, Brazil, Columbia, Chile and Mexico. With the implementation of DineroMail, PAY.ON continues to establish its strong technology and international know-how on the Latin American market, and further fortifies its global presence. On average, PAY.ON connects 4 connectors every month, offering a multitude of payment methods and schemes, and enables payment providers to operate globally. PAY.ON clients include leading payment service providers, payment scheme operators, acquirers and risk management providers worldwide. Access to the clients of PAY.ON allows DineroMail to continue expanding its global reach. Markus Rinderer, CEO of PAY.ON, comments: 'We are very pleased about the cooperation with DineroMail. The Latin American payment market is strategically important for PAY.ON. As a payment processor that enables local payments worldwide, we are sure to have the best fit technology for the market. Through the cooperation with DineroMail, we are able to offer our global clients further local prepayment schemes and credit cards in Latin America.' Lucas Keen, DineroMail Business Development Manager, adds: 'We are very excited about working with PAY.ON as they have proven huge experience providing online payment services across the world. From a business perspective, Latin America is showing the highest growth in internet users and I believe this represents exciting opportunities for European businesses that are looking for new markets. Through the cooperation with PAY.ON we are further able to serve international payment service providers and expand our global merchant reach.' About PAY.ON AG: PAY.ON AG is an internationally leading processor of online payment transactions and supplier of global online payment and risk management technologies. The Company offers the core competencies of global outsourcing services and routing for monetary transactions, wallet solutions, risk management and monitoring services, as well as various technical back-end solutions. The global payment technologies and transaction processing of PAY.ON enable clients to serve their customers worldwide by integrating solutions that specifically meet domestic payment demands. Typical clients of PAY.ON are leading payment service providers (PSP), payment scheme operators, acquirers as well as risk management providers. The technology and services of PAY.ON are fully integrated into the clients' corporate design as white label. As a technology provider and expert, the Company does not serve merchants. The two core technologies of PAY.ON are PaySourcing(TM) (www.paysourcing.com), a modular platform for global payment outsourcing, and PayPipe(TM) (www.paypipe.com), an e-gateway for global payment routing. The technologies of PAY.ON are fully PCI-certified and occur online payments by classical as well as alternative payment methods. The system has connectors at more than 140 third-party systems and supports all major payment methods and currencies worldwide. New connectors are continuously integrated into the PAY.ON platform; on average 4 connectors every month. PAY.ON was established in 2004 by a group of payment experts. The corporate headquarter is in Munich. The Company has subsidiaries in Salzburg, Hong Kong and Manila. www.payon.com About DineroMail: DineroMail is the leading online payment solution in Latin America. Serving over 10.000 websites, the online platform of DineroMail allows any merchant to sell and receive payments in Latin America. DineroMail offers the most popular payment methods in Latin America such as prepayment, credit cards, bank transfers, cash payments and more. The company has been operating since 2004, and counts with two mayor investors, the World Bank, through their private body IFC-International Finance Corporation and Naspers, one of the most dynamic and successful companies worldwide, focused on media and the Internet. The corporate headquarter of DineroMail is Buenos Aires. www.dineromail.com Media Contact PAY.ON AG: Media Contact DineroMail: Annett van de Bunt Lucas Keen Tel: +49 (89) 45 230 552 Tel: +54 (9) 11 6 0563041 annett.vandebunt@payon.com lkeen@dineromail.com End of Media Release --------------------------------------------------------------------- 20.06.2011 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 129183 20.06.2011
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found