ProPay Expands Global Ecommerce Solution
Release date: 11/12/2013
Simplifies shopping experience for international customers of U.S. merchants
LEHI, Utah, and COLUMBUS, Ga., Nov. 12, 2013 — 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.
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.
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.