Payvision announces strategic investment in PayPlaza

Source: Payvision

Payvision, one of the fastest-growing global acquiring networks in the world, today announced that it has closed a strategic investment and agreement with PayPlaza, a leading payment software company and one of most innovative in financial services.

The partnership creates an end-to-end personalized payments ecosystem for merchants, with the consumer at its heart. The unique architecture of this joint solution allows for smooth cross-border ecommerce processing and a unified, omnichannel platform.

By becoming a strategic investor in PayPlaza, Payvision adds an innovative and flexible POS/ mPOS solution to its global payment processing offering, allowing partnering merchants to deploy a unified processing system with omnichannel functionality. The user experience is cohesive and merchants can offer their consumers integrated and personalized shopping capabilities.

"Our omnichannel package gives merchants an opportunity to migrate away from their multi-vendor strategies and implement a totally integrated, end-to-end platform for all their payment processing. By leveraging the global card processing experience of Payvision, the innovative POS/mPOS technology of PayPlaza and the complete collecting PSP platform with cards, alternative and POS payments of Acapture, our clients now have access to a full suite of omnichannel tools behind one central interface and with unified reporting", said Gijs op de Weegh, COO Payvision.

Merchants focus on being present on many channels and platforms; online, offline, mobile, social and everything in between. Payvision and PayPlaza can streamline the user experience, put customers back into the heart of merchants' strategies and empower them to grow their business.

"We are excited that Payvision has selected us to accelerate development of their omnichannel offering. By being part of Payvision's group and global network, PayPlaza and its merchants benefit from economies of scale, tremendous knowledge and years of experience in the payment processing landscape. Payvision's expertise in global acquiring and processing backs up PayPlaza's international development ambitions and provide merchants with a richer choice of possible partners", said Edgar Plasa, CEO PayPlaza.

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