Latest Version of Payment Platform Utilized by Leading Global Merchants Features New Bank Data Center Support, Additional Payment Methods and Collecting Services

New York - February 9, 2012 - Computop, a leading payment service provider (PSP), today announced the general availability of Computop Paygate 5.0.  This latest version of the company’s multichannel global payment platform offers new features and functionality, making it even easier and faster for merchants to conduct business both domestically and internationally.

With the release of Computop Paygate 5.0, Computop offers the support of two new bank data centers to ensure 100% availability and faster processing time for businesses’ payment transactions.  Also, the platform features more international and domestic alternative payment methods to support consumers’ preferences, including:

Amazon Payments (US and Europe)

FasterPay (UK)

Skrill/Moneybookers (International)

POLi (Australia and New Zealand)

Przelewy24 (Poland)

Teleingreso (Spain)

Postfinance bank transfer (Switzerland)

Postfinance card payments (Switzerland)

Qiwi (International)

Ukash (International)

These are in addition to the existing payment methods supported by the Computop Paygate platform.

In addition, Computop is now offering collecting services, which is key for companies that want to expand their business globally.  With this functionality, merchants can eliminate the time and hassle involved with opening bank payment accounts in various countries, which is typically required in order to offer and support local payment methods, including POLi in Australia and New Zealand and iDEAL in The Netherlands, for example.  With the collecting services, retailers can grow their business internationally more quickly and easily.

“With our deep history of supporting payments on a global scale and our keen understanding of the changing payments landscape, we enhanced our Paygate payment platform to address the needs of merchants that want to successfully grow their businesses both locally and beyond their borders,” said Ralf Gladis, CEO of Computop. “Computop Paygate 5.0 enables businesses to ensure smooth and secure processing of payments throughout North America, Europe and Asia.”