In the News:
Magellan Navigates to Merchant e-Solutions for Payment Processing Services
Redwood City, CA - May 3rd, 2011 - Magellan, a pioneering Global Positioning System (GPS) brand, announced today that it has chosen and implemented their payment processing with Merchant e-Solutions. Merchant e-Solutions is providing an all-in-one credit card processing solution fully-integrated with Magellan's newly implemented web platform and e-store, NetSuite. The combined merchant account and payment gateway connected to NetSuite provides payment processing for Magellan's e-commerce storefront and back-office operations with online tools and real-time web-based reporting for easy reconciliation.
Magellan is a leading portable GPS navigation consumer electronics company. Founded in 1986, the company is recognized as an industry innovator and leader, with over 200 key patents in GPS technology. Magellan is the creator of the award-winning Magellan RoadMate® and Maestro™ series portable car navigation products, as well as the Magellan Triton® and eXplorist® outdoor handheld navigation devices. Magellan also offers innovative Mobile GPS solutions including the RoadMate App for iPhone and Premium Car Kit accessory.
With the combination of Merchant e-Solutions' all-in-one payment processing solution fully-integrated with NetSuite's e-store solution, Magellan is able to automate its business processes as well as lower the cost of its payment processing. Merchant e-Solutions' combined merchant account and payment gateway significantly reduces the complexity of reporting and reconciling Magellan's order-to-cash transactions by removing the need for third-party gateways.
Merchant e-Solutions is a preferred payment partner of NetSuite. In addition to Magellan, hundreds of other merchants have recognized the advantages Merchant e-Solutions and NetSuite provide, including: eliminating third-party gateways; offering real-time web-based reporting with complete historical data; creating efficiencies in operational management time; and reducing the overall cost of processing.
Merchant e-Solutions General Manager of e-Commerce, Kevin Gallagher, notes, "When a consumer category leader like Magellan chooses Merchant e-Solutions to be their payment processing solution, it proves we must be doing something right. We're delighted that Magellan has recognized that we and NetSuite are the business partners they need to keep growing and succeeding."
"Security, efficiency and ease of use are important elements to have when shopping online and processing orders in our back-office. NetSuite, along with Merchant e-Solutions, allows us to deliver this to our customers," said Angela Liu, Director of Corporate PMO. "Magellan values strong partnerships as a key to success. We were impressed with Merchant e-Solutions' in-house e-Commerce platform, as well as their strong relationship and integration with NetSuite," added, Mehul Chhatrapati, Sr, Program Manager.
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.
About MiTAC Digital Corporation
MiTAC Digital Corp. is a wholly-owned subsidiary of MiTAC International Corporation and promotes and sells products and services under the Magellan brand name. Magellan assists people to travel, work and play with leading portable navigation and positioning solutions across multiple consumer markets. Recognized as an industry innovator, the company is the producer of the award-winning Magellan RoadMate series portable car navigation, Outdoor and Mobile navigation devices. MiTAC Digital Corp. is headquartered in Santa Clara, Calif. For more information on Magellan, visit http://www.magellangps.com.
General Manager E-Commerce