Leading international multi-currency payment processor Planet Payment announced today that Vantiv, a leading provider of payment processing services and other similar technology solutions for both merchants and financial institutions alike, launched Planet Payment’s Pay in Your Currency. The service is currently being implemented at 85 Billabong storefronts across the US. Australia-based Billabong is a leading multi-brand, distribution, and international manufacturing organization focused specifically on surf wear and sports apparel for consumers throughout the world. Billabong currently manufactures and distributes goods to over 100 countries, representing some of the biggest names in the athletic industry.
“As a global brand with a large international following, Billabong’s customers come and shop in our U.S. stores from across the globe,” commented retail IT manager at Billabong USA, Roger Moreno. “We strive to provide our valued international customers with a better, more comfortable shopping experience and we believe that the Pay in Your Currency solution – provided through Vantiv – helps us achieve this goal by allowing them to pay in their home currency.”
The Pay in Your Currency service allows international travelers and shoppers to pay for purchases using a Visa® or MasterCard® alongside the great option to pay in their own home currency at the point of sale, rather than relying on their financial or banking institution to perform the conversion, often times for a prominent fee. The service insures better clarity, ultimately identifying international purchases and then allowing for the option to pay in a choice countries currency. Planet Payment currently provides services in more than 20 countries and territories across the Asia Pacific region, North America, the Middle East, Africa, and Europe.
“Vantiv is pleased to launch the Pay in Your Currency solution at Billabong,” said Donald Boeding who currently sits as president of merchant services at Vantiv. “It is our top priority to provide our merchant clients with innovative, value-added payment solutions that allow them to do more than simply process payments. Our relationship with Planet Payment is a prime example of how our partner relationships enable merchants like Billabong to increase sales and provide new payments functionality.”
“The Pay in Your Currency solution eliminates the guess work associated with international transactions,” commented chief executive officer of Planet Payment, Philip D. Beck, “Savvy businesses, like Billabong, are looking for new ways to increase sales from their international clientele, improve customer service and increase profitability. Offering Pay in Your Currency allows businesses to accomplish these objectives.”
For more information, please visit www.vantiv.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website
http://www.missionir.com/disclaimer.html
