Cielo Launches Planet Payment Pay In Your Currency Solution
27 3월 2014 - 9:00PM
CIELO S.A. (BOVESPA:CIEL3) (OTCQX:CIOXY), Latin America's leader in
electronic payment solutions, and Planet Payment, Inc.
(Nasdaq:PLPM) (LSE:PPT), a leading provider of international and
multi-currency transaction services, today announced the official
contract signing and launch of Planet Payment's Pay In Your
Currency® (PYC) solution. Cielo and Planet Payment will begin a
full production rollout in the coming weeks and in advance of the
upcoming world cup.
Pay In Your Currency provides Brazilian merchants a new way to
cater to international tourists - by enabling international
visitors using an eligible VISA® or MasterCard® to pay in the
currency they know best – their own. PYC provides merchants
catering to the international traveler with a new way to attract
more customers by providing a more personalized service while
improving the profitability of their business.
The PYC solution being launched by Cielo supports approximately
100 currencies, enabling a broad segment of international visitors
to enjoy the convenience of the service. Pay In Your Currency
is also designed to be simple for merchants to support – they
continue to receive settlement and reporting in Brazilian Real
(BRL) as they do today.
"It is increasingly important for our merchant customers to be
able to differentiate themselves to the expected increase of
international travelers to Brazil, especially considering the
impending world cup," said Dilson Ribeiro, products and business
development Vice-President at Cielo S.A. "Cielo has been able
to maintain its status as the leading merchant service provider in
Latin America by providing innovative product offerings that adapt
to meet the needs of our merchants and their customers."
"Planet Payment and Cielo have been hard at work behind the
scenes preparing for this day," said Drew Soinski, managing
director – Americas, at Planet Payment. "Cielo has the
reputation of always putting their customers first – and offering
PYC to their merchants is just another example of that
philosophy. Partnering with an industry leader like Cielo is
one thing – seeing the impact that PYC will have on its merchants
is icing on the cake. This is an exciting time for tourism in
Brazil, and we are happy to have a hand in helping Brazilian
merchants prepare, and excel, in the months to come and most
importantly making the international traveler feel at home and
encouraging them to buy more goods and services."
About Cielo S.A.
Cielo S.A. (Bovespa:CIEL3) (OTCQX:CIOXY) Latin America's leader
in electronic payment solutions and one of the largest in the world
in its industry. Responsible for merchant acquiring for payment
processing in addition to other steps in the chain - capture,
transmission, processing and settlement of transactions - Cielo
captures the main brands of Brazil and the world. In 2012, over 5
billion transactions passed through the company's POS
terminals.
With a multiservice, multi-brand and multi-platform positioning,
present on any channel the customer chooses - either at the point
of sale, on mobile or e-commerce - Cielo's mission is to become an
international benchmark in what it does. A service company that has
innovation in its DNA, is results-oriented, Cielo delivers a
portfolio of products and solutions that add value to the business
of merchants, small entrepreneurs and autonomous professionals -
besides the largest sales force in the market, high quality
customer service and efficient logistics are all premises of
excellence for the customer. The company continually invests in
technology and has cutting edge equipment, distributed in 1.4
million active POS in all channels - brick-and-mortar and online
stores, POS terminal, cellphone or by internet, present from
end-to-end across the entire chain of electronic payments, in 99%
of the national territory.
About Planet Payment
Planet Payment is a leading provider of international payment
and transaction processing and multi-currency processing services.
We provide our services in 23 countries and territories across the
Asia Pacific region, North and South America, the Middle East,
Africa and Europe, primarily through our more than 60 acquiring
bank and processor customers. Our point-of-sale and e-commerce
services help merchants sell more goods and services to consumers,
and together with our ATM services are integrated within the
payment card transaction flow enabling our acquiring customers,
their merchants and consumers to shop, pay, transact and reconcile
payment transactions in multiple currencies, geographies and
channels.
Planet Payment is headquartered in New York and has offices in
Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong
Kong, Mexico City, Shanghai and Singapore. Visit
www.planetpayment.com for more information about the Company
and its services.
CONTACTS: FSB Comunicacoes (Cielo Press Relations)
Bruno Galhardi
Telephone: 5511 3165-9741
email: bruno.galhardi@fsb.com.br
Planet Payment
Dawn M. Thompson
Telephone: 812.697.1166
email: DThompson@PlanetPayment.com
www.PlanetPayment.com
Cielo (PK) (USOTC:CIOXY)
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Cielo (PK) (USOTC:CIOXY)
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