Planet Payment Announces that the iPay(R) Gateway is Now Available on …


LONG BEACH, N.Y., Dec 3, 2012 (GlobeNewswire via COMTEX) —
Planet Payment, Inc.


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(otcqx:PLPM), a leading international and multi-currency payment processor, announced today that its iPay Payment Gateway will now be available on Magento, an Open Source eCommerce platform.

Merchants on Magento will now be able to connect to the iPay Gateway and its multi-currency payment solution, Shop in Your Currency(TM). This solution allows merchants to target international markets by enabling international customers to view pricing and pay in their home currencies, while merchants still get paid in their own.

“Planet Payment is excited that the iPay Gateway will now be available on Magento’s robust eCommerce platform,” said Scott Goldthwaite SVP, Product Management Marketing at Planet Payment. “With Magento’s multi-lingual language support, among many other features, we think the platform will be a great fit for our multi-currency enabled payment gateway.”

About Planet Payment

Planet Payment is a leading provider of international payment processing and multi-currency processing services. We provide our services in 18 countries and territories across the Asia Pacific region, North America, the Middle East, Africa and Europe, primarily through our more than 45 acquiring bank and processor customers. Our point-of-sale and e-commerce services help merchants sell more goods and services to consumers, and are integrated within the payment card transaction flow enabling our acquiring customers to process 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 on the Company and its services. For up-to-date information follow Planet Payment on Twitter at @PlanetPayment or join Planet Payment’s page on Facebook.

About Magento

Magento is a feature-rich, professional open-source eCommerce solution that offers merchants complete flexibility and control over the look, content, and functionality of their online store. Magento’s intuitive administration interface contains powerful marketing, search engine optimization and catalog-management tools to give merchants the power to create sites that are tailored to their unique business needs. Designed to be completely scalable and backed by an extensive support network, Magento offers companies the ultimate eCommerce solution.

This news release was distributed by GlobeNewswire,
www.globenewswire.com

SOURCE: Planet Payment



        CONTACT:  Media Contacts
        Planet Payment
        Scott Goldthwaite
        Telephone: +1.516.304.9465
        Email: sgoldthwaite@planetpayment.com
 
www.planetpayment.com            Redleaf Polhill (UK PR for Planet Payment)
        Emma Kane / Henry Columbine / David Ison
        Telephone: +44.20.7566.6720
        Email:  planet@redleafpolhill.com
        ICR (US PR for Planet Payment)
        Don Duffy / Dara Dierks
        Telephone: +1.646.277.1212
        


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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