Welcome!

Containers Expo Blog Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

News Feed Item

PAY.ON Offers Payment Providers Worldwide Immediate Entry Into Mobile Point-of-Sale Market

MUNICH, Germany, November 29, 2012 /PRNewswire/ --

PAY.ON AG, the leading international operator of payment infrastructure systems, is expanding its technical infrastructure to include the ability to now process point-of-sale transactions in addition to e-commerce in an environment that is PCI-DSS-certified, and as such, is compliant with all applicable regulations. As a result, payment service providers worldwide gain easy access to fully-functional, market-tested mobile point-of-sale solutions, and as such, the opportunity to professionally position themselves for the market's current transition to paying via tablets and smartphones in the POS segment. In cooperation with payworks as a specialist for mobile payment solutions, PAY.ON is providing both the smooth operations that meet all regulatory requirements as well as worldwide transaction processing within the international payment network. Interested parties can view all the information on the portfolio of services offered online at http://www.payon.com and http://www.payworksmobile.com.

Many up-and-coming mobile POS providers in Europe already rely on solutions from PAY.ON in order to accept credit cards and local payment methods at the point-of-sale. In this context, white label solutions are used to guarantee the client's independence in its communication with the retailers it serves. This arrangement makes PAY.ON and payworks the only neutral supplier of processing services for credit and debit cards of all kinds in Europe. PAY.ON is already cooperating with countless acquirers and hardware manufacturers for the roll-out. All PAY.ON and payworks systems are PCI-DSS-certified and as such, completely meet card-issuing organizations' and local authorities' regulatory and security-related requirements. Operations are carried out over a highly-available infrastructure with an excellent connection to all continents. As a result, clients do not need to make any start-up or set-up investments to implement their national or international mobile POS plans.

PAY.ON and payworks make it possible for clients to launch mobile POS solutions for the iOS, Android, and Windows Mobile operating systems - both as a white label application as well as using an SDK to integrate their own solutions. The technical implementation preferred by card-issuing organizations adds a Chip & PIN device to the device applications. These are already fully-certified and available on the market. Clients are free to choose the hardware they wish to use to process local debit cards, such as the Girocard in Germany. In this context, payments with credit or debit cards are recorded on the mobile device set aside specifically for this use, and the consumer confirms the payment with their PIN. In contrast to other systems, the mobile POS solutions from PAY.ON are already seamlessly integrated into the PSP Platform-as-a-Service PaySourcing and as such, are supported immediately. In order to meet the stringent security standards, PAY.ON relies on PCI and FIPS 140-2 Level 3 certified hardware security modules (HSMs) that are used at the data centers in London, Munich, and Salzburg.

About PAY.ON

PAY.ON AG is the world's leading operator of payment infrastructure systems and supplier of the white label PaySourcing platform as well as the routing gateway PayPipe. PaySourcing allows clients to outsource all relevant payment and risk management processes or to access them from the cloud, and as such, to become a payment service provider all while cutting costs and saving time and resources. PayPipe is a high-performance payment gateway that connects all participants in the global payment market through only one API. As a result, PayPipe accelerates global availability for all market participants like no other network. Transactions can be appropriately processed online via PayPipe, using all payment methods in all currencies across all systems. All PAY.ON systems guarantee strict adherence to the security and requirements standards that apply to the international payment market. Additional information is available at http://www.payon.com

PAY.ON AG - Press Contact:
Wilhelm Fuchs
Manager Global Press & Public Relations
Email: [email protected]
URL: http://www.payon.com


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...