Under the agreement, Otto Group intends to leverage the Computop Paygate platform to process online payments for Otto.de and over 100 of its subsidiary retail brands. These subsidiary brands include global names such as BonPrix, Freemans Grattan, Frankonia, Lascana and myToys.
In addition, EOS Payment Solutions customers will get access to over 50 domestic and international payment methods, via Paygate, including RatePay and Yapital as well as a selection of international merchant acquiring banks for card payments. Furthermore, Paygate supports POS and mPOS payments and has an industry fraud prevention solution. The interface and statistical tools found in Paygate enable individual evaluations of all payment transactions to be made available to Otto Group companies using the system. However, EOS Payment Solutions’ current payment platforms will still be available until 2015, giving existing customers enough time to transfer to Computop Paygate if needed.
Computop is a global payment service provider that offers compliant e-commerce, Point of Sale (PoS), m-commerce and Mail Order and Telephone Order (MOTO), globally. Computop processes of more than USD 7 billion per year, for over 2000 international merchants within industries such as retail, travel and gaming.
For more information about Computop, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
In recent news, Yapital, a European provider of cross-channel payment services, has entered into an agreement with global payment service provider Computop.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now