Muxi and Planet Payment Announce Agreement to Offer Multi-Currency Processing on their POS Terminal Solutions
May 10 2017 - 10:04AM
Muxi, an information technology company specializing in integration
and development of solutions and software, announced today a
referral agreement with Planet Payment® to integrate Planet
Payment’s multi-currency solutions onto their POS Terminal
applications for acquiring banks and processors.
Through this new partnership, Muxi acquiring bank and processing
customers can now enjoy the benefits of offering multi-currency
processing to their merchants. Planet Payment’s Pay in Your
Currency solution will be integrated into Muxi’s existing POS
Terminal solutions.
Pay in Your Currency gives merchants the ability to offer their
international customers the choice to pay for their purchase in the
currency they know best – their own, while earning an additional
revenue stream for the merchant and their acquirer or
processor.
"Muxi’s strategic partnership with Planet Payment represents our
commitment to bringing our customers innovative solutions to help
them maintain a competitive edge," said Ed Myers, CEO at Muxi USA.
"This partnership allows our customers to take advantage of the
strengths of both companies.”
"Our agreement with Muxi expands our product offering to their
acquiring and processing partners, enabling them to offer an
enhanced product suite to their merchants, helping them attract
more international customers and earn more revenue,” said Robert
Cox, President & COO at Planet Payment. “We look forward
to growing this mutually beneficial partnership.” About
Muxi
MUXI has been a leader in the payments industry for over 20
years, working with many of the largest merchant acquirers in
the world. Acquirers utilizing the
MuxiPay/POSWEB platforms are able to quickly deploy
multiple capture devices whether POS, mobile phones, tablets,
PCs and web that allow the sharing of applications. Devices
can be updated remotely, quickly and securely, providing
new functionalities, enabling new products and promotional
campaigns while dramatically decreasing the operational costs
associated with managing a large estate of payment
devices.
About Planet Payment
Planet Payment (NASDAQ:PLPM) is a leading
provider of international payment and transaction processing and
multi-currency processing services. Planet Payment provides
services in 22 countries and territories across the Asia Pacific
region, the Americas, the Middle East, Africa and Europe, primarily
through our 70+ acquiring bank and processor customers. The
Company’s point-of-sale and e-commerce services help merchants sell
more goods and services to consumers, and together with ATM
services, are integrated within the payment card transaction flow
enabling acquiring customers, their merchants and consumers to
shop, pay, transact and reconcile payment transactions in multiple
currencies, geographies and channels.
Contacts:
Muxi
Ed Myers
emyers@muxi.com
www.muxi.com.br
Planet Payment
Jill Raftery
516-670-3200
jraftery@PlanetPayment.com
www.PlanetPayment.com
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