Source: Retail Decisions
Retail Decisions (ReD), a leader in international payment processing and risk management services, now offers PayPal as an additional payment option through its payment gateway.
By integrating PayPal as a payment option, ReD customers are able to process payments from more than 50 million PayPal member accounts around the world.
"ReD is committed to expanding its suite of payment options while continuing to deliver a secure, reliable and functionally rich international payment gateway to the market," said Carl Clump, CEO of Retail Decisions. "With nearly 53,000 new members added daily in the second quarter of 2004, PayPal's payment service is a key way for Internet merchants to build consumer confidence online and is a powerful tool for acquiring new customers."
"We are extremely pleased to be working with Retail Decisions and its blue chip roster of customers," said Todd Pearson, general manager of PayPal's Merchant Services. "With this integration, Retail Decisions and PayPal will enable ReD's customers, which comprise many of the world's largest online merchants, to derive incremental revenue from the millions of consumers who prefer to make their purchases online using PayPal."
Under the terms of the agreement, PayPal is now available through ReD's enterprise payment gateway software, LiveProcessor, as well as through ReD's fully managed, international ReD1 Gateway service. This will enable all ReD's online merchants around the world to benefit from this agreement with PayPal. ReD's payment processing customers include Walmart.com, Buy.com, Netflix, RealNetworks and Travelocity.com.