PAY.ON, a provider of white-label solutions to payment service providers and acquirers, has entered into a strategic partnership with Planet Payment, a US-based provider of international and multi-currency payment processing services, to enhance the latter’s international service offering with its gateway solutions.
Planet Payment expects to roll out the service in the second quarter of 2015.
As part of the deal, Planet Payment will use PAY.ON’s payment technology to onboard merchants faster and expand the international payment solutions to their merchant clients.
Additionally, Planet Payment will also expand its retail payment processing services by using PAY.ON’s mobile point-of-sale, mCommerce, and eCommerce solutions to offer merchants omni-channel payment processing.
Moreover, PAY.ON will power Planet Payment’s gateway with enhanced mCommerce functionality to create a mobile payment solution for both iOS and Android devices.
The partnership will also provide Planet Payment merchant’s access to over 300 alternative payment types and acquirers globally, enabling them to drive sales by offering the optimal payment set-up.
Also, clients of Planet Payment can access PAY.ON’s COPYandPAY widget-based payment forms that allow merchants to completely remove themselves from the process of collecting sensitive payment information, thereby simplifying PCI DSS compliance obligations.
PAY.ON America vice president sales & business development Adam Bowman said: "With our combined services, we can simplify cross-border expansion for merchants worldwide. PAY.ON addresses regulatory and compliance issues, including PCI DSS 3.0, and develops intuitive, modular solutions that give merchants the flexibility that they demand."