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Computop and SafetyPay Establish Global Partnership

Strategic Relationship Enables Computop Paygate Merchant Customers to Allow Consumers to Purchase Goods Beyond Domestic Borders in Their Local Currency Through SafetyPay's Secure Online Bank Transfer

New York and Miami Beach, FL - Feb 19, 2013 - Computop, a leading payment service provider (PSP), and SafetyPay, the real time safe online-banking payment solution that enables consumers to shop from merchants worldwide and pay directly from their bank account in their local currency, today announced a strategic global partnership. Through this relationship, Computop now offers SafetyPay as part of its Paygate payment platform. With this functionality, Computop expands its already comprehensive range of payment options that enable businesses and consumers to conduct transactions globally in a secure payment environment.

With SafetyPay, consumers with an online bank account are able to shop globally but pay locally, using their own currency to make online purchases from businesses in the United States, Canada, Latin America and Europe via online bank transfer. Computop Paygate merchant customers are able to offer SafetyPay immediately through this partnership, increasing the secure online payment options they can present to consumers.

"There are 300 million online banking customers around the world, and SafetyPay enables these consumers to pay directly from their online bank account for purchases from anywhere around the globe irrespective of currency and without entering sensitive financial information," said Dominic Guardino, director at SafetyPay. "We are excited about extending our payment solution through the Paygate platform which is recognized for its fraud prevention strength and compliance on a global scale."

"We are always looking to enhance our Paygate payment platform with payment choices that are important to consumers," said Ralf Gladis, CEO of Computop. "SafetyPay is particularly strong and widely used in Latin America, which will help our Paygate customers grow in the South American market, as well as into untapped markets that SafetyPay is currently exploring. Through our partnership, businesses, particularly those in retail, airline and gaming, benefit from being able to offer a secure online payment alternative that requires no credit card, no registration, no transfer of any personal details whatsoever, making it easy for consumers to transact with confidence, regardless of geography."

About the Computop Paygate platform
Computop Paygate 5.0 is a multichannel payment platform that provides online retailers with secure payment solutions and efficient fraud prevention for international markets. With just one interface needed, Computop Paygate allows online retailers to get access to dozens of international payment systems, and includes fraud prevention for North America, Europe and Asia. Leading e-commerce solutions from the likes of Demandware, hybris, Magento and Oxid all support Computop Paygate as a preferred payment service solution for global payment processing. In addition, Computop Paygate has been integrated into SAP's Business ByDesign business software to provide secure global payment processing.

About Computop
Computop is a leading global payment service provider (PSP) that provides compliant and secure e-commerce, Point of Sale (PoS), m-commerce and Mail Order and Telephone Order (MOTO), globally. The company, founded in 1997, is headquartered in Bamberg, Germany with local teams also within the US, UK and China. Computop processes transactions totalling $7+ billion per year, for over 2000 large international merchants within industries such as retail, travel and gaming. Global customers include C&A, Fossil, Metro Cash & Carry, Samsung and TUI. 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 SafetyPay
SafetyPay is a real time online-banking payment solution that enables over 300 million consumers to shop from merchants worldwide and pay directly from their bank account in their local currency. The SafetyPay solution is available in the USA, Europe, Canada and Latin America. SafetyPay guarantees no fraud and no chargebacks while supporting mobile, call center applications, e-invoices, pay-outs and promotions. For more information please visit http://www.safetypay.com.

###

For further information please contact:
Jessica Mularczyk
Ascendant Communications, for Computop
Tel: 508-498-9300
E-mail:
[email protected]

Doron Abrahami
Tel: 786-294-6411 ext. 251
E-mail:
[email protected]

Read the original blog entry...

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