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Industry Press Release

Planet Payment™ and DPI Merchant Services Amplify the Global Aspects of E-Commerce

November 30, 2000 (NEW YORK, NY / Omaha, NE): Planet Payment, a provider of multi-currency payment solutions to merchants worldwide, and DPI Merchant Services, a leading US domestic provider of e-commerce and mail order payment solutions, located in Omaha, NE, today announced a strategic partnership to bring end-to-end, real-time multi-currency credit card processing to businesses domestically and internationally - whether the transaction is completed face-to-face or remotely via personal computer, mobile telephone or other wireless Internet access device.

Under the agreement, DPI will include Planet Payment’s industry leading multi-currency payment products in its DPiSecure Suite of processing solutions enabling merchant’s to accept Internet credit card payments in over 140 currencies. The partnership also allows Planet Payment to offer its multi-currency payment solutions to DPI’s broad customer base.

“This partnership with DPI Merchant Services continues our stated strategy to be the global leader in providing multi-currency payment solutions to merchants, technology companies and financial institutions in every major market worldwide, including here in the US,” says Philip Beck, CEO of Planet Payment. “We are offering an innovative proposition to all parties involved in an electronic transaction that truly amplifies the global aspect of the Internet: Customers can view prices and pay for goods in the currency of their choice, and at the same time merchants can receive payment in the currency of their choice – all securely, conveniently and efficiently and irrespective of whether the transaction is completed face-to-face or remotely via personal computer, mobile telephone or other wireless Internet access device.”

DPI Merchant Services is recognized in the US as one of the leading payment processors to large domestic mail order and Internet marketing companies. DPI is also the exclusive endorsed provider of merchant services for the Electronic Retailing Association (ERA), internationally and domestically. “The partnering of Planet Payment and DPI Merchant Services, two leaders in e-commerce payment processing, creates an incredible opportunity for our two company’s to dominate Internet payment delivery in the world market place,” says Robert Troyer, President and CEO of DPI Merchant Services.

About Planet Payment:

Planet Payment (www.planetpayment.com) is a global leader in providing multi-currency Internet payment solutions to merchants, technology companies and financial institutions worldwide. Planet Payment's affordable solution enables Internet merchants to securely accept Visa®, MasterCard®, American Express® and other major debit and credit cards in a secure, real time environment, 24 hours a day and in over 140 currencies – whether the buyer is using a personal computer, mobile telephone, or other wireless device. The Planet Payment Gateway, powered by Authorize.Net, (www.authorize.net) is compatible with over 100 of the leading shopping cart technologies. With the simple instructions for integration found at https://secure.planetpayment.com/docs, merchants can have full multi-currency capability for their Internet customers within minutes. Planet Payment can be contacted in the U.S. at 950 Third Avenue, New York, NY 10022 (Tel: +1 212.980.5100).

About DPI Merchant Services:

DPI Merchant Services, a wholly owned subsidiary of DPI Holdings Corporation, is a leading domestic mail order and Internet payment processor. The company specializes in software, batch and e-commerce transaction driven solutions. Founded in 1990, DPI currently handles processing for over 750 direct marketing and e-commerce merchants in the U.S. with offices in Omaha, NE, Phoenix, AZ, Denver, CO, San Diego, CA, Houston, TX, and Atlanta, GA. DPI can be contacted at its corporate office 7100 West Center Road, Suite 300, in Omaha, NE (402-399-9777) or on the web at www.dpicorp.com.

Buchanan Communications Darren Nesbeth / Tim Anderson Tel.: + 44 (0) 20 7466 5000 Fax: + 44 (0) 20 7466 5000 darrenn@buchanan.uk.com

Jean Cleary Planet Payment Tel: 212.980.5100 Fax: 1 212 319 4880 jcleary@planetpayment.com

DPI Merchant Services Robert Troyer President/CEO Tel: 888 541 9800 Fax: 402 384 6290 Email: rtroyer@dpicorp.com

 

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Source: PlanetPayment

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Updated: 17 Feb 2006 .The information in this press release has been supplied by the source indicated above. eRetailNews makes no representation as to the accuracy of any information contained in this release, which is provided for information only.

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