ProPay Expands Global Ecommerce Solution
13 November 2013 - 3:00AM
Business Wire
Simplifies shopping experience for
international customers of U.S. merchants
ProPay, a TSYS company and industry leader in merchant services,
payment security and mobile payments, today announced the launch of
Shop in Your Currency™, a multi-currency processing solution
powered by Planet Payment, for ProPay merchants.
Shop in Your Currency empowers ProPay’s e-commerce merchants to
more effectively target foreign markets and grow international
sales. With the solution, merchants can localize their offering to
allow international customers to view pricing and pay in their home
currencies — yet the merchant receives settlement in U.S. dollars.
Shop in Your Currency completely eliminates a merchant’s need for a
foreign bank account, a foreign exchange third party or overseas
incorporation.
“Shop in Your Currency will help our merchants provide a much
improved payment experience for their customers by providing the
option to shop and pay in their own currency,” said Greg Pesci,
president of ProPay. “Shop in Your Currency can help simplify the
merchant requirements needed to sell products internationally and,
at the same time, increase speed to market, which is critical for
our merchants who want to take their products global.”
“Planet Payment is pleased that ProPay will be expanding the
adoption of our multi-currency solutions in the U.S.,” said Philip
Beck, chairman and chief executive officer of Planet Payment. “We
believe that our solutions will provide ProPay’s merchants with the
tools to grow their business by improving the shopping experience
for international customers.”
For more information, visit www.propay.com or call
+1.888.227.9856.
About ProPay
Since 1997, ProPay has provided comprehensive mobile and
e-commerce solutions while delivering unparalleled customer service
to businesses accepting and making payments. With a fast, easy
sign-up process and end-to-end payment security solutions, ProPay
delivers best-in-class payment solutions to businesses across the
world. ProPay® is a wholly owned subsidiary of TSYS® (NYSE:
TSS).
About Planet Payment
Planet Payment (Nasdaq:PLPM) (LSE:PPT) is a leading provider of
international payment processing and multi-currency processing
services. Planet Payment provides services in more than 20
countries and territories across the Asia Pacific region, North
America, the Middle East, Africa and Europe, primarily through our
more than 60 acquiring bank and processor customers. The Company's
point-of-sale and e-commerce services help merchants sell more
goods and services to consumers, and together with ATM services,
are integrated within the payment card transaction flow enabling
acquiring customers, their merchants and consumers to shop, pay,
transact and reconcile payment transactions in multiple currencies,
geographies and channels.
Planet Payment is headquartered in New York and has offices in
Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong
Kong, Mexico City, Shanghai and Singapore. Visit
http://www.planetpayment.com for more information about the Company
and its services. For up-to-date information follow Planet Payment
on Twitter at @PlanetPayment or join Planet Payment's Facebook
page.
About TSYS
At TSYS, (NYSE: TSS), we believe payments should revolve around
people — not the other way around. We call this belief
"People-Centered PaymentsSM." By putting people at the center of
every decision we make, TSYS supports financial institutions,
businesses and governments in more than 80 countries. Through
NetSpend, a TSYS Company, we empower consumers with the
convenience, security, and freedom to be self-banked. TSYS offers
issuer services and merchant payment acceptance for credit, debit,
prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Georgia, with local
offices spread across the Americas, EMEA and Asia-Pacific. TSYS
provides services to more than half of the top 20 international
banks, and has been named one of the 2013 World's Most Ethical
Companies by Ethisphere magazine. TSYS routinely posts all
important information on its website, for more please visit us at
www.tsys.com.
TSYS Media RelationsCyle Mims,
+1-706-644-3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1-706-644-6081shawnroberts@tsys.comorProPayScott Nelson,
+1-801-341-5660Scott.nelson@propay.comorPlanet PaymentJoel Mayer,
+1-516-670-3200jmayer@planetpayment.com
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