In the News:
Adyen and Merchant e-Solutions Partner to Provide Customers with a Global Full-Service Payment Platform and Expand International Payment OfferingsPartnership slated to offer over fully integrated global solution with 75 payment methods, 187 transaction currencies and streamlined customer support
Marlborough, Mass. and Redwood City, Calif. - April 19, 2011 - Adyen, a global Internet payment and e-commerce solutions provider, and Merchant e-Solutions(MeS), the leading provider of global payment solutions, today announced a partnership to provide customers with a worldwide full-service payment platform for each company's respective customers. The partnerships' integrated global solution, supports over 75 payment methods and 187 transaction currencies, customized reporting tools, risk management, plus streamlined customer support for each companies' large and diverse e-commerce customers.
MeS enables specialized quality control for maximum profitability and cost controls, and offers merchants and financial institutions a "single-source" approach for global processing with secure, affordable and quick to implement solutions. Adyen has hundreds of relationships and payment methods that can be fully customized on any payment page and complete access to financial data in real-time.
"MeS' customers will be able to adapt their strategy instantaneously and expand internationally while Adyen customers gain a more streamlined approach from US financial institutions," said Peter Caparso, North American President of Adyen. "The partnership taps both customer bases so they can leverage global customization payment platforms unleashing new revenue streams in worldwide sales."
"Our customers recognize they need to expand but don't want to lose the streamlined nature they've become accustomed to domestically through MeS," said Kevin Gallagher, general manager for Merchant e-Solutions. "MeS customers will also gain valuable help in conversion from the insights they can gain using the Adyen platform. With quick underwriting and a flexible, fully customizable e-commerce platform interface our customers can expand faster than before."
Processing more than $14 billion dollars per year in domestic and international payments for over 65,000 merchants and 250 financial institutions, MeS partnered with Adyen to expedite experience with international markets, extensive offering of payment options and fully customizable platform available now for its customers. MeS can now offer a multitude of options that are tailored to increasing international conversion rates; currency to the origin of the paying customer, expanding localized payment reach and adapting the local language.
The analytics and customization capabilities of Adyen will also allow MeS to micro-target consumer feature preferences, which have been shown to drive higher conversion rates, as well as identify over twenty specific patterns of fraud and set parameters to prevent future deceptive payments.
MeS will provide Adyen's customers with their extensive range of in-house services (such as sales support, credit underwriting, proactive risk management and chargeback processing, 24-hours help desk), alongside MeS will also guarantee a transaction processing speed of less than a second with an availability of 99.99 percent because of MeS' unique redundant payment servers. Overall, the customers of both partners will benefit extensively from a fully intergraded secure, fast, global and reliable solution.
Adyen is the leading provider of global Internet payment and e-commerce solutions for mid, large and enterprise e-commerce merchants. Adyen's revolutionary Internet payment solution enables merchant to significantly increase online conversion by optimizing the online payment process. This "one-stop" solution can be implemented within days and connects companies to global customers through a growing offering of payment methods. To learn more, please go to http://www.adyen.com.
About Merchant e-Solutions (MeS)
Merchant e-Solutions, founded in 1999, provides Internet-based payment processing solutions for merchants and banks. Merchant e-Solutions currently processes more than $14 billion dollars in payments for more than 65,000 merchants, supporting 150 global currencies and all major credit, debit and alternative payment solutions. The company specializes in services for e-commerce and card-not-present merchants and provides a comprehensive suite of payment solutions that are PCI compliant and designed to reduce merchant risk exposure. Merchant e-Solutions is headquartered in Redwood City, CA, with operations in Spokane, WA, and satellite offices in Minneapolis, MN, and Columbus, GA. For more information, go to http://www.merchante-solutions.com.
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Merchant e-Solutions Phone: 650.628.6854