FOR IMMEDIATE RELEASE
Amsterdam, The Netherlands – December 2, 2014 – Payvision, an independent global card processor and one of the fastest-growing Global Acquiring networks in the payments industry, and Home Trust, a federally regulated Canadian financial institution and wholly owned subsidiary of Home Capital Group Inc. (TSX: HCG), today announced their joint business agreement to offer tailor-made acquiring solutions to the Canadian market.
As an industry leader, Payvision is focused on providing cutting-edge solutions that are designed to serve each domestic market, connected to one global acquiring platform. This agreement gives Home Trust access to Payvision’s cross-border ecommerce community, industry knowledge and network of global acquirers. With its world-class international processing platform, Payvision can support Home Trust’s merchants with multi-currency processing, helping them to expand their geographical footprint. Canadian online merchants can now benefit from a single API integration of domestic and international processing on one global acquiring platform, enabling full control all of the business they do in any country or region in the world.
“The Canadian market is an online-savvy marketplace that requires tier-one processing solutions with a focus on cross-border payments,” said Rudolf Booker CEO and founder, Payvision. “Being in Canada provides us with a tremendous opportunity to build on our mission of connecting cultures through cross-border commerce, and working with Home Trust helped outline detailed requirements and market expectations, and provided great insight into the Canadian landscape.”
Together with Home Trust, Payvision enters the Canadian market, offering to its Canadian, US and international PSPs, ISOs, acquirers, and their online merchants a great opportunity for international growth through a robust local payment processing solution focused on both domestic and global needs.
The CNP market in Canada offers companies in the payment chain a fantastic opportunity with intriguing challenges. Canada is an evolving market with new technologies, products and service needs, and having a local resource with the right contacts, and an understanding of global acquiring complexity and the Canadian market is paramount.
Payvision is an independent Payment Solution Provider specialized in Global Card Payments for the ecommerce market. Payvision offers acquiring Banks, agents, Payment Service Providers, ISO, MSPs and their merchants a secure PCI DSS compliant, PSD Licensed international payment processing network enhanced with innovative technology. Over the past decade, Payvision has expanded its geographical footprint in over 40 countries with offices in New York, Utah, San Francisco, Madrid, Paris, London, Cologne, Toronto, Singapore, Tokyo, Hong Kong, Macau, and Auckland, resulting in vast knowledge and insight in the complexity of Card Payments and ecommerce.
Payvision provides its customers 24/7 Support, 150+ transaction currencies and regional card settlement currencies, a high-end reporting interface and a solid risk management solution. Payvision’s experience in the different international regions has resulted in a global network of global acquiring banks, connecting over 300 trusted business partners with more than 5000 web merchants worldwide, for which we process over 100 million transactions a year.
Payvision is a founder and member of CBEC, a community designed to become the industry’s cross-border ecommerce knowledge hub, offering a deeper understanding of key insights on ecommerce that can drive international expansion, for the benefit of all stakeholders within the dynamic global ecommerce landscape: http://www.crossborder-ecommerce.com/
For more information about Payvision, please visit www.payvision.com , and follow us on:
About Home Capital and Home Trust
Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.
For further information, please contact:
Corporate PR & Social Marketing Manager
Gerald M. Soloway, CEO, or
Martin Reid, President
416-360-4663 | www.homecapital.com