Payvision Partners With ProPay to Expand Global payment Capabilities


Wednesday, June 20, 2012 by Payvision

Payvision, an independent payment solutions provider specialised in global card processing for the e-commerce market, has announced that it has engaged in a fully-integrated partnership with ProPay, a Utah-based industry leader in merchant services and end-to-end payment security and recipient of the prestigious 2010 ETA ISO of the Year award.

Payvision provides ProPay's customers with one fully-integrated solution, through which clients can establish merchant accounts in Europe, Asia and the US, truly domestic global acquiring in virtually any currency, authorization in over 150 currencies and card settlement in 25 Currencies.

By processing transactions in those regions where cards are issued, cross-border and interchange costs are considerably reduced.

One global processing platform offers internet retailers flexibility and control over transactions in the US, the EU and APAC, through one back-office and one global reporting interface. By partnering with payment data security expert ProPay, knowledge about risk management strategies and regional markets can be shared, leading to increasing expertise and expanding global payment capabilities.

Rudolf Booker, CEO at Payvision said, "ProPay 's leading position as a US merchant services and payment security provider enables Payvision to share expertise and expand its American footprint, while we offer ProPay solutions, to tap into Asian and European markets through Payvision's global acquiring network."

"ProPay has a long history of providing innovative payment solutions to the payment industry," says Greg Pesci, president and chief operating officer of ProPay.

"The expansion of ProPay's payment capabilities through our partnership with Payvision further demonstrates ProPay's commitment to provide simple, secure and affordable payment solutions on a global scale. Now we can offer our customers domestic global acquiring, in virtually any currency."