Rakuten Selects Computop Paygate for its Online Payment Processing

Paygate Provides Rakuten with the Flexibility to Support Customers Domestically and Internationally. Rakuten, one of the largest eCommerce marketplaces, has selected international payment service provider (PSP) Computop to support its customers with a more comprehensive payment portfolio.

Bamberg, Germany – July 16, 2014 –  Computop’s Paygate platform has initially been rolled out in Germany and Austria, with other European countries and international markets to follow.

Rakuten has evolved to become one of the leading online retail marketplaces. To support its international expansion plans, Rakuten needed a solution to enhance its payment portfolio, including settlement of payments, which could be efficiently used throughout the organization. The development of this solution was driven by Rakuten Germany. Computop Paygate provides an easy integration of local and international payment methods and includes fraud prevention mechanisms.

Ralf Krauss, Checkout Manager at Rakuten Germany GmbH, emphasizes, “Thanks to the extensive range of payment methods available on Computop Paygate, and the rapid availability of its functions and solutions, we are well armed for selling internationally with Computop.”

Computop is supporting Rakuten with various payment methods, including credit and debit cards, wallets (online money transfers) and other alternative payment methods. The mix of payment methods enables customers to select their payment preference, which vary in different domestic markets.

“Rakuten needed a payment solutions partner that can evolve as the company’s customers evolve, and can add payment methods based on market needs,” said Ralf Gladis, CEO of Computop.  “We look forward to continuing to partner with Rakuten and enabling the company to best meet its growing payment requirements.” 

 

About Rakuten Deutschland
Rakuten Deutschland is a leading German shopping portal and provider of online shop solutions with a diverse and ever-expanding range of products. Visitors to www.rakuten.de currently have a choice of approximately 20 million products from more than 7,000 sellers across Germany. The multi-award winning, end-to-end solution can be deployed by e-commerce newcomers, as a powerful sales channel for existing online stores, or as a multi-channel solution for brick-and-mortar retailers. Rakuten’s full-service offering includes complete payment handling, customer communication during the order process, continuous updating of sellers’ terms and conditions, and responsibility for the risk of non-payment. For more information visit info.rakuten.de.   

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About Computop

As one of the very first payment service providers, Computop offers its customers around the world local and innovative omnichannel solutions for payment processing and fraud prevention. The Computop Paygate payment platform enables seamless integrated payment processes for e-commerce, at POS and on mobile devices. With this internally developed software, retailers and service providers have the flexibility and freedom to choose from over 350 payment methods enabling them to specifically tailor their payment options per country. Technologies such as biometric authentication and self-learning algorithms improve security and convenience for retailers and consumers alike.

Computop, a global player with its head office in Germany and locations in China, England and the USA, has been servicing large international companies in the service, retail, mobility, gaming and travel industries for more than 20 years. These companies include global brands such as Bigpoint, C&A, Fossil, the entire Otto Group, Sixt and Swarovski. Computop also provides it payment system to banks and financial service providers as a white-label solution. Through its customer network and collaboration with the global marketplace Rakuten, Computop processes commercial payment transactions for more than 16,000 retailers annually, with a combined value of USD 34 billion. With its individual and secure solutions, Computop makes a major contribution to the future of international payment processing.

For further information, please visit www.computop.com.