GERMANY | Global payment service provider Computop and merchant acquirer PaySquare last month announced their partnership to process payments for credit and debit cards and over 70 local payment methods.
Computop and PaySquare
The partnership between Computop and PaySquare allows merchants secure and seamless global payment processing. Through 'Computop Paygate', merchants can take advantage of additional payment methods like PayPal and other domestically preferred payment methods through Computop's payment platform.
Ralf Gladis, CEO of Computop reiterates “PaySquare is a leading aquirer and important partner who can meet the high demands of our customers. This is crucial for merchants who want to expand to other countries and markets. With Computop and PaySquare, merchants can easily integrate credit and debit cards in their online store and get access to over 70 additional payment methods like PayPal, iDEAL or Alipay.”
PaySquare - A European Card Acquirer
PaySquare allows merchants to accept payments for virtually any payment card brand. This could be through a POS terminal (in-store), website, mail, telephone or fax, and includes payments with a credit card or debit card. PaySquare processes a total of 262 million debit and credit card transactions annually for a total of 120,000 customers in the Benelux countries, Germany, Poland, Austria, the United Kingdom and Switzerland. PaySquare is a full subsidiary of Equens, one of the largest payment processors in Europe and part of several major European banks.
Through this partnership, existing and new merchants using the global payment solution of Computop can now choose to process their card payments through PaySquare systems. They are able to accept all major card brands including MasterCard and Visa, benefit from multi-currency processing and interchange plus pricing.
Computop Paygate platform
With just one interface needed, Computop Paygate allows retailers access to over 60 payment methods including all relevant local and international payment options for e-commerce, MOTO, mobile payment and POS solutions. Leading e-commerce solutions from the likes of Demandware, hybris, Intershop, Magento, Oxid eSales and SAP Business ByDesign all support Computop Paygate as a preferred payment service solution for global payment processing. In addition, Computop offers Computop Paygate as a white label solution to banks and payment service providers (PSPs) enabling them to provide their customers with secure and seamless payment processing.
Computop is a leading global payment service provider (PSP) that provides compliant and secure e-commerce, Point of Sale (PoS), m-commerce and Mail Order and Telephone Order (MOTO) payments globally. The company, founded in 1997, is headquartered in Bamberg, Germany, with local teams in the US, UK and China.
Computop processes transactions totalling $13+ billion per year, for over 3500 large international merchants within industries such as retail, travel and gaming. Global customers include C&A, Fossil, Metro Cash & Carry, Samsung and TUI.