Planet, Cybersource launch a digital payments platform for European merchants

Thursday 18 February 2021 11:07 CET | News

Payments company Planet has partnered with Cybersource, Visa’s global payment management platform, to launch a new digital payments platform for European merchants.

The new service will deliver solutions to merchants across hospitality, food and beverage and retail sectors to simplify complex digital payments. The digital payments platform will offer access to more global integrations with ecommerce platforms and online payment systems, all through Planet. With a wide choice of payment options, consumers can pay in their preferred method and currency wherever they are in the world. 

When merchants select Planet, they consolidate multiple supplier agreements and contracts through one supplier for all payment connections. This saves them time and additional administration. Furthermore, they benefit from Planet’s revenue generating services for digital commerce, including online Currency Conversion services with Multi-Currency Pricing.

Through the platform, merchants have the flexibility to integrate their chosen shopping cart software with Planet’s payment gateway. Established integrations with ecommerce platforms ensure that merchants can connect their existing commerce system with minimal web development effort. Integration via a hosted payment page helps to simplify the process by which merchants ensure they are PCI compliant, while using API integration gives full control at the checkout. Integrated Pay By Link services will be included in future developments to offer digital payments through a secure web link. As part of the single integration with Planet, merchants will also be able to access Cybersource’s fraud management tools to monitor transaction risk and help preserve revenue, giving their customers the peace of mind that payment details are safe.

Planet have also integrated with Cybersource’s Token Management Service to help create a faster payment journey that improves conversion rates. Shoppers will have the power to pay in just one click, to avoid re-entering payment details at the online checkout. 

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Keywords: Planet, Cybersource, digital payments, merchants, ecommerce, online payments
Categories: Payments & Commerce
Countries: Europe
This article is part of category

Payments & Commerce

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