PR: Computop extends support for international and domestic payments with Paygate 6.0

Multichannel payment processing firm Computop has announced the new version of its multichannel global payment platform, Paygate 6.0.

The update to the platform brings with it support for changing consumer preferences with enhancing its multichannel global payment platform.

Below is the official Press Release from Computop.

Computop, a leading Payment Service Provider (PSP) Payment Service Provider (PSP) Payment Service Providers (PSPs) helps a wide array of online services for accepting electronic payments via several payment methods. This includes credit cards, wire payments such as direct debit, bank transfers, and real-time bank transfers.A PSP is also able to link up with multiple acquiring banks, card, and payment networks. PSPs can also fully manage these technical connections and relationships with the external network, in essence taking care of the technical processing of payment method Payment Service Providers (PSPs) helps a wide array of online services for accepting electronic payments via several payment methods. This includes credit cards, wire payments such as direct debit, bank transfers, and real-time bank transfers.A PSP is also able to link up with multiple acquiring banks, card, and payment networks. PSPs can also fully manage these technical connections and relationships with the external network, in essence taking care of the technical processing of payment method Read this Term), today announced the general availability of Computop Paygate 6.0. This latest version of the company’s multichannel global payment platform offers new features and functionality that make it even easier and faster for merchants to conduct business both domestically and internationally, and is fully SEPA enabled in preparation for the pan-European payment harmonization initiative due to go live in February and August 2014.

The release of Computop Paygate 6.0 extends yet further the choice of international and domestic alternative payment and processing methods available to support consumer preferences, including:

-Aura, Elo, Hipercard and Boleto Bancario (Brazil)

-Trustly (Finland, Denmark, Sweden and Spain)

-Pay U (Czech Republic, Hungary, India, Latin America, Poland, Romania, Hungary, India, Latin America, Poland, Romania, Russia, South Africa, Turkey, Ukraine)

-PaybyBill (Norway, Sweden, Denmark, Finland, Holland, Germany)

-Ipay Wallet (International)

-Vorkasse (Germany)

-PostPay (Germany)

-Barzahlen (Germany)

-Paymorrow (Germany)

-Masterpass (International)

These are in addition to the existing payment methods supported by the Computop Paygate platform.

“With cross border Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term rapidly evolving we’ve enhanced our Paygate payment platform to address the needs of merchants that want to successfully grow their businesses both locally and beyond their borders without sacrificing consumer convenience or payment security,” said Ralf Gladis, CEO of Computop.

Responding to shifts in economic and competitive conditions, the release of Paygate 6.0 sees Computop significantly extend its local market presence in a number of key global territories. In Brazil, for example, merchants can now use the Paygate platform to process locally issued Visa, MasterCard, AMEX and Diners Club credit cards alongside domestic payment cards such as Hipercard, Elo and Aura. Additional features now available for the Brazilian market include support for online payments and cash-in solutions such as Boleto Bancário, together with full support for online bank transfers with all major Brazilian banks. Furthermore, merchants can take advantage of Computop’s eShopWorld solution to calculate local customs duties, taxes and shipping fees.

“With our deep history of supporting payments on a global scale and our incisive knowledge of the rapidly evolving payment landscape, we’ve further enhanced our Paygate payment platform to meet the needs of merchants that need to ‘think global, act local’,” continued Gladis. “The release of Computop Paygate 6.0 enables businesses to ensure the smooth and secure processing of payments throughout North America, Europe and Asia, and makes it possible to transact with confidence in fast emerging markets around the globe.”