Payvision

Payvision

December 16, 2015 04:00 ET

Payvision Announces Strategic Investment in PayPlaza

Giving merchants a 360 degrees omnichannel package for a holistic user experience

AMSTERDAM, THE NETHERLANDS--(Marketwired - Dec. 16, 2015) - Payvision, one of the fastest-growing global acquiring networks in the world, today announced that it has closed a strategic investment and agreement with PayPlaza, a leading payment software company and one of most innovative in financial services. The partnership creates an end-to-end personalized payments ecosystem for merchants, with the consumer at its heart. The unique architecture of this joint solution allows for smooth cross-border ecommerce processing and a unified, omnichannel platform.

By becoming a strategic investor in PayPlaza, Payvision adds an innovative and flexible POS/ mPOS solution to its global payment processing offering, allowing partnering merchants to deploy a unified processing system with omnichannel functionality. The user experience is cohesive and merchants can offer their consumers integrated and personalized shopping capabilities.

"Our omnichannel package gives merchants an opportunity to migrate away from their multi-vendor strategies and implement a totally integrated, end-to-end platform for all their payment processing. By leveraging the global card processing experience of Payvision, the innovative POS/mPOS technology of PayPlaza and the complete collecting PSP platform with cards, alternative and POS payments of Acapture, our clients now have access to a full suite of omnichannel tools behind one central interface and with unified reporting", said Gijs op de Weegh, COO Payvision.

Merchants focus on being present on many channels and platforms; online, offline, mobile, social and everything in between. Payvision and PayPlaza can streamline the user experience, put customers back into the heart of merchants' strategies and empower them to grow their business.

"We are excited that Payvision has selected us to accelerate development of their omnichannel offering. By being part of Payvision's group and global network, PayPlaza and its merchants benefit from economies of scale, tremendous knowledge and years of experience in the payment processing landscape. Payvision's expertise in global acquiring and processing backs up PayPlaza's international development ambitions and provide merchants with a richer choice of possible partners", said Edgar Plasa, CEO PayPlaza.

About Payvision

Awarded with 'Best Merchant Acquirer/Processor' at the 2015 Payments Awards, Payvision is one of the fastest-growing global acquiring networks in the world. With over a decade's presence in the global payments market, Payvision has accrued vast knowledge of global acquiring and payments processing for the ecommerce market. Payvision simplifies the complexity of cross-border ecommerce through a highly effective and secure transaction processing platform. By offering banks, PSPs, ISOs and their merchants one global acquiring platform, 24/7 support, 150+ transaction currencies, a high-end reporting interface and a solid risk management solution, Payvision strives to support its customers in expanding their geographical footprints. Payvision's presence in different international regions has resulted in a global network of acquiring banks, connecting over 300 trusted business partners with more than 5,000 web merchants worldwide, processing over 100 million transactions a year.

Acapture, a brand new global omnichannel PSP, designs payment solutions that eliminate the obstacles modern online merchants face in their payment processing and support cross-border growth. Acapture's system features split payments for simplified transactions involving multiple parties, flexible reporting for improved data analysis, a one day integration using one RESTful API, a streamlined reconciliation process, 20 ecommerce platform plugins and the ability to handle more than 50 of the most popular alternative payment methods and more than 150 transaction currencies. This combination of simplicity, flexibility and reliability ensures Acapture offers the most effective payment platform for maximizing international sales conversions, particularly in the world's top 25 emerging markets.

Payvision is headquartered in Amsterdam and, over the past decade, the company has expanded its geographical footprint in over 40 countries with offices in New York, Utah, San Francisco, Madrid, London, Toronto, Singapore, Tokyo, Hong Kong, Macau, and Auckland.

About PayPlaza

PayPlaza is a leading payment software company in Europe. In the Benelux region, PayPlaza is the 3rd biggest POS payment software company managed and driven by 40 dedicated payment professionals. Since 2010, PayPlaza has developed a revolutionary payment platform, encompassing unique solutions for Point-of-Sale card acceptance and enabling true omnichannel experience. Starting 2012, PayPlaza solutions have been rolled out in Europe, and support all languages, currencies, several local debit schemes and country specific requirements.

The platform is PCI level 1 certified and includes full point2point encryption technology, matching the highest possible international security regulations. PayPlaza is based in Amsterdam with additional offices in Eindhoven and Madrid and, together with its partners, is currently active in 11 European countries. Awarded with "The most innovative company in financial services" at the Accenture Awards in 2013, the company registered a triple digit growth ratio and expects further expansion in the U.S., LATAM, and Asia.

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