PAY.ON AG / Key word(s): Internet and Multimedia/ PAY.ON AG: PAY.ON and deal united cooperate DGAP-Media / 19.07.2011 / 10:06 =-------------------------------------------------------------------- deal united and PAY.ON AG announce a cooperation to market their payment services internationally. In cooperating, both companies optimise their services and manifest their global coverage. PAY.BY.SHOPPING is as of today connected to the PAY.ON gateway PayPipe and fully integrated into the platform PaySourcing. The two systems enable payment providers like PSPs through a single interface global online payment processing as well as access to the biggest network of connectors and payment schemes worldwide. For deal united, this cooperation offers great potential to find new business partners and the opportunity to promote their product extensively. By connecting the international payment method PAY.BY.SHOPPING, PAY.ON extends its services with a further payment scheme for payment providers worldwide. PAY.BY.SHOPPING allows online shoppers to pay for their virtual or digital goods by buying at deal united's shopping partners. Merchants thereby achieve a higher conversion rate of up to 72%, shopping partners significantly increase their turnover and end customers have the benefit of 'buy one, get two.' Markus Wiedemann, Head of Sales Europe at deal united, says: 'We are very lucky to have won the perfect technical partner for our national and international expansion. With PAY.ON, PAY.BY.SHOPPING can be integrated by merchants much faster and easier. We offer merchants an alternative payment method, which considerably increases conversion rates.' For PAY.ON, Nikolaus von Taysen, member of the executive committee, comments: 'We are happy to have deal united on board. We support our cooperation partners in their global market penetration and enable them access to international payment providers, whom they can then employ as resellers of their payment method. With PAY.BY.SHOPPING we add yet another intelligent and extraordinary payment scheme to our portfolio. The concept is easy to understand and an excellent alternative to conventional payment options. We look forward to a successful cooperation.' Contact: deal united GmbH PAY.ON AG Claudia Rook Annett van de Bunt Marketing Manager Head of Marketing T: +49 (0) 89 416 157 014 T: +49 (0) 89 45 230 552 F: +49 (0) 89 381 649 369 F: +49 (0) 89 45 230 553 claudia.rook@dealunited.com annett.bunt@payon.com ww.dealunited.com www.payon.com About deal united: deal united is a Munich-based e-commerce company that has already established its alternative payment method PAY.BY.SHOPPING worldwide. This method allows website users to pay for their desired digital and virtual product by purchasing a voucher or product at one of deal united's shopping partners. Well-known companies like Amazon, audible.com, Dell, OTTO, Toys'R'Us and Zalando are only a few of the already existing esteemed partners. deal united's merchants include renowned companies like Bigpoint, DivX, Frogster, Sony Musicbox and Steganos. deal united creates a win-win situation for all parties involved with PAY.BY.SHOPPING. Thanks to the innovative concept, deal united was awarded the Red Herring Global and Red Herring Europe Awards. Since its founding in 2008, the company has opened branch offices in Paris and San Francisco. Investors of deal united include, among others, Bertelsmann Digital Media Investments, FoundersLink GmbH, High-Tech Gründerfonds, Tengelmann E-Commerce Beteiligungs GmbH and Venture Incubator. About PAY.ON AG: PAY.ON AG is an internationally leading processor of global payment transactions on the Internet. PAY.ON's core competencies comprise outsourcing and routing of payment transactions, risk management, monitoring services as well as various technical back-end solutions. The systems and the transaction processing of PAY.ON enable clients to fulfill local payment demands and serve their customers worldwide. Typical clients of PAY.ON include leading independent payment providers, payment scheme suppliers, acquirers as well as risk management providers. The two core technologies of PAY.ON are PaySourcing(www.paysourcing.com), a modular platform for global payment outsourcing, and PayPipe(www.paypipe.com), an e-gateway for global payment routing. PAY.ON systems are fully PCI-certified and support classic as well as alternative online 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; on average one a week. As a payment processor and expert, PAY.ON does not offer its systems and services to online merchants. 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 End of Media Release =-------------------------------------------------------------------- 19.07.2011 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 =-------------------------------------------------------------------- 132452 19.07.2011
(END) Dow Jones Newswires
July 19, 2011 04:06 ET (08:06 GMT)
© 2011 Dow Jones News
