(DGAP-Media / 21.05.2013 / 12:59) After Masterpayment's unbroken spectacular growth in Germany, the online payment service will now be available internationally, starting with the UK, Scandinavia and the Netherlands. Munich / Starnberg, 21st May 2013 - There may be no shortage of payment providers in the fields of eCommerce and mobile payment - but innovation leader Masterpayment is the only one to offer integration of all common payment types into the most popular online shop systems. Germany's online store operators have long been enthusiastic about Masterpayment as an excellent, practical and highly convenient system - and now it's time for the successful Starnberg-based company to embark on the next stage of its evolution! The international expansion strategy will be launched in several European countries. After all, online stores all over the world are only a mouse-click away! Masterpayment has already obtained approval for its services for 33 European countries and will now begin to expand its international operations. The extensive range of services offered by Masterpayment's eCommerce division is unique;supplying credit card payment, purchase on account, instant transfer, direct debit and all other common payment types plus full risk coverage, Masterpayment's service makes life easier for online retailers and their customers. And Masterpayment's payment module can always be integrated into their shop system, whichever they choose - Shopgate, Oxid, Shopware, modified or others. As Masterpayment is already attracting increasing numbers of international customers, the company now plans to focus investments on other markets. Particularly since Masterpayment's current growth rate is actually outperforming the record levels it achieved last year of 20 per cent - per month! Launch in the UK, Scandinavia and the Netherlands The service will initially be launched in the UK in May, with Scandinavia and the Netherlands to follow shortly after within the same quarter. But this is only the first step; Spain, Italy, France and Turkey are also scheduled to follow within the second quarter of 2013. Stefan Tittel, CEO and partner of Masterpayment, says, 'At Masterpayment, we are looking forward to the future with immense optimism. We are developing extremely positively and showing rapid growth. After our enormous success on the German market, we plan to tap into the huge potential offered by the international payment sector in other European countries. We have worked long and hard on developing our formula for successful customer acquisition and management for our sector. Now we believe we have perfected it and are ready to launch our international roll-out.' For more information, visit www.masterpayment.com bzw. www.streetpay.com. About Masterpayment Masterpayment (www.masterpayment.com) was founded in 2010 and maintains offices in London and Starnberg (near Munich). Masterpayment provides e-commerce payment services of outstanding quality. The company's objective is to use a leading IT platform to provide even small retailers and store operators with the best possible service, including all payment options and innovative additional features/tailored solutions at highly competitive prices. Masterpayment is the only service provider on the market that does not charge monthly fees or connection costs or set minimum contract periods or similar practices. Some 3,000 e-commerce retailers have already placed their trust in Masterpayment's business concept; a further 5 companies join the firm's network every day. On the German market, Masterpayment was the first service provider to supply a card reader-based payment solution for smartphones. This service enables smaller local and mobile businesses to accept credit cards as payment anywhere at any time. With around 12,000 registered dealers, Masterpayment is the market leader in Central Europe. Further information is available at www.streetpay.com. Press contact: Stefan Tittel CEO Masterpayment AG Münchener Str. 15a 82319 Starnberg stefan.tittel@ masterpayment.com Verena Krebs Susanne Nguyen Bite Communications GmbH Flößergasse 4 D-81369 München Tel.: +49 89 4444 674 15 Fax: +49 89 4444 674 79 masterpayment@ biteglobal.com End of Media Release =-------------------------------------------------------------------- Issuer: Masterpayment Key word(s): Enterprise 21.05.2013 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 =-------------------------------------------------------------------- 212097 21.05.2013
(END) Dow Jones Newswires
May 21, 2013 06:59 ET (10:59 GMT)
© 2013 Dow Jones News
