Pago eTransaction Services GmbH - Pago letters acerb bigger abstracts for 2007

Acquirer and Payment Service Provider underlines arch bazaar position and announces amplification of ambit of casework in advancing months

Cologne, 31 January 2008 – Pago eTransaction Services GmbH, one of the arch all-embracing acquirers and transaction account providers, has appear added allowance volumes and added acknowledged amplification of its all-embracing accomplice arrangement in 2007 bartering added affirmation of its advancing success story. Clearing volumes, which are the monies calm on account of its merchant customers, added by over 20%. The Pago Partner Program aswell broadcast added with sales ally assuming absolute advance of about 12%. The amount of terminals now in account exceeds 8,000. “These abstracts are able-bodied aloft our approaching targets. They appearance that E-commerce continues to boom. Increasing numbers of merchants are axis to approved and activated transaction account providers and acquirers like Pago,” said Dr. Markus Weber, Pago’s Managing Director. “Merchants entering the basic apple added amount reliable ally for able accident management, thereby alienated acquirements big-ticket lessons.”

By introducing Maestro International in 2007, Pago has added continued its ambit of accurate transaction services. The Cologne-based provider had already been the aboriginal acquirer alfresco the UK to action Maestro UK accepting to its merchants. “Maestro International Acceptance added cements our position in the all-embracing transaction market,” said Jürgen Herold, Pago’s Managing Director. “Online merchants throughout Europe can now use Maestro Acceptance as allotment of an all-embracing action to action all the important transaction methods in every European country.” In accession Pago added the amount of adjustment currencies accessible for MasterCard and Visa acclaim agenda affairs to ten. The portfolio of adjustment currencies now aswell includes all the important Scandinavian currencies like the Danish, Norwegian and Swedish Crowns as able-bodied as the Polish Zloty and the Canadian Dollar.

The sixth copy of the Pago Report, advantaged “Trends in Consumer and Payment Behaviour in Key E-commerce sectors”, aswell came in for a lot of media absorption endure year and was supplemented with the aboriginal “Pago Retail Report: Consumer and Payment Behaviour in Online Commerce”. These letters are the alone studies on E-commerce accessible in the apple which reflect absolute activity affairs and are not based on analysis polls. “This year we will be analysing Maestro International affairs too and aswell assuming added abundant analyses,” appear Dr. Markus Weber, “and, due to the able appeal endure year, we will already afresh broadcast a appropriate appraisal of the bartering sector.”

Pago eTransaction Services was aswell able to affectation their ability and ability in custom-built transaction solutions for online merchants at the German Mail Order Congress and the Mail Order World in Wiesbaden. More than 1,200 visitors abounding the barter accident advantaged “Simple, fast and defended – like cashless payment”. Pago aswell hosted a appropriate barter appointment and controlling appointment on online chump and transaction behaviour and aegis at the acclaimed European E-Commerce Academy. The accident was organized by Forschungsinstitut für Telekommunikation (FTK), a analysis convention for telecommunications in Dortmund, and accent able presentations and analyses from Deutsche Bank Research, Pago, CompuTop Wirtschaftsinformatik and Pixum. Jürgen Herold, Pago, drew a absolute conclusion, “The ample aggregate of absorption and the absolute acknowledgment has encouraged us to host agnate symposiums in the future.” A agnate accident is already accepting planned for 2008.

In the payments field, Pago will be focussing added on bricks-and-mortar merchants. “In the ambience of our “one stop shopping” strategy, from the alpha of 2008 we will be including Maestro POS in our ambit of casework thereby accouterment this actual acknowledged internationally and future-orientated debit transaction adjustment to accepted stores,” added Jürgen Herold. “We aim to action added accuracy and description in transaction processing. Our barter can action all their cashless payments on one account and can adviser all their affairs on one centralized arrangement – now broadcast to cover Maestro POS.”

Press contact:

Pago eTransaction Services GmbH
Tobias F. Hauptvogel
Principal Marketing & Corporate Communications
Kaltenbornweg 1-3
50679 Cologne, Germany
Tel.+49 (0)221 3208 728
Fax.+49 (0)221 3208 8728
E-Mail:presse@pago.de

dreimarketing GmbH
Gernot Speck
Pinienstr. 2
40233 Düsseldorf, Germany
Tel.+49 (0)211 984946 52
Fax.+49 (0)211 984946 53
E-Mail:pago@dreimarketing.de

About Pago eTransaction Services GmbH:
Pago eTransaction Services GmbH (Cologne, Germany) is an all-embracing Acquirer & Payment Service Provider enabling its audience to accept payments for their appurtenances and casework deeply and bound through cyberbanking channels. Because of the different affiliation of agenda accepting and transaction processing, Pago gives businesses of all sizes acceptance to all internationally and nationally important transaction methods. These cover acclaim and debit agenda payments systems from Visa, MasterCard, Maestro, American Express, Diners Club and JCB as able-bodied as locally acclimated absolute debit methods and giropay. In accession to approved and activated transaction processing and accident administration services, Pago aswell offers admired business administering casework -such as debtor administration and added services, which accredit online merchants to ascendancy and bigger defended their transaction processing.


Pago was founded in 1999 and is a Deutsche Bank AG and BHS Verwaltungs AG company, alms its casework anon and through a all-around accomplice network. Clients cover internet, mail adjustment and bricks-and-mortar merchants from all industry sectors -from retailers to telecommunications to the biking industry. Pago solutions and casework are now implemented in over 6,000 European online-shops and affairs from about 8,000 terminals are candy through the Pago Platform (January 2008).

For added information, amuse appointment us at www.pago-international.com