Takes on New Meaning for X-Border Merchants

X-BORDER PAYMENTS OPTIMIZATION TRACKER

FEBRUARY 2017

A MONTHLY UPDATE ON THE TRENDS AND PLAYERS DRIVING CROSS-BORDER PAYMENTS

Keeping merchants in Indian shoppers spent The top performers line with X-border trade over $8.7 billion on in the X-border space regulations – Page 05 international eCommerce – Page 15 (Top 25 (Feature Story) last year – Page 10 (News Rankings) and Trends) ‘Think Locally’ Takes On New Meaning For X-Border Merchants

Table of Contents

What’s Inside. We take a look at the shifting ecosystem of cross-border commerce and how new partnerships and developments are changing 03 the pace and nature of international business transactions.

Feature Story. Casey Bullock, Worldpay’s general manager of eCommerce North America, discusses the challenges of helping international merchants stay 05 compliant with the various regulations and laws in place in several regions.

News & Trends. The latest headlines from around the world of 10 cross-border commerce.

Methodology. The organizing framework that PYMNTS employs for evaluating the many players that deliver merchant payment 13 processing services aimed at enhancing cross-border commerce.

14 Top 25 Rankings. The results are in. See who the top providers are.

Watch List – New Additions. This month’s tracker features five new companies: Emergent Payments, JetPay, Netpay International, 15 PAYMUNDO and YapStone.

Scorecard. See how all the providers rank in our comprehensive 17 provider directory.

About. Information on the X-Border Payments Optimization Landscape™ 86 and PYMNTS.com.

As more companies, merchants and consumers merchants and consumers view their own cross- engage in cross-border commerce, new insights border commerce experiences. and developments are emerging as a result of these relationships. Over the past year, political events have made cross- border commerce more uncertain for companies Several companies are entering partnerships to find and merchants from various parts of the globe. For new ways to improve the performance of international the February Tracker’s feature story, PYMNTS spoke trade operations. These partnerships include new with Casey Bullock, North America general manager investments in logistics, authentication and efforts for global payment processing firmWorldpay , about to drive up conversion rates. Meanwhile, a handful how companies engaged in international trade can of new surveys are providing insights into how navigate an uncertain political landscape.

32 percent of retailers said online international sales reflect the majority of their sales, a survey finds. 50 percent of consumers from the Middle East and Africa made cross-border online purchases, the highest rate among global regions.

A report shows that Generation X made 20 percent more purchases FIVE internationally than their younger counterparts FAST FACTS in 2016.

Indian shoppers spent $8.7 billion on international eCommerce in 2016, a Cross-border 6.7 percent rise from eCommerce is 2015. expected to grow by 29 percent per year until 2020, says DHL eCommerce.

Here’s a look at some other notable recent X-border news: As some companies engage in cross-border trade, they are looking for opportunities to improve and strengthen their relationships with greater Executive collaborations. To that end, logistics network WCA has announced a collaboration with Alibaba aimed at offering “vetting and approving” support Insight for international logistics. At the same time, other companies like Danske Banke are turning to Worldline’s payment services to expand their global reach. “What is the biggest challenge currently Several companies continue to look to new tech facing companies engaged in cross- solutions as a means of engaging in cross-border border trade?” trade. SWIFT initiated a proof-of-concept test to evaluate how blockchain solutions can help banks “While regulatory compliance continues to manage their nostro databases, while Ingenico drive up the cost of operations for banks unveiled a solution for eCommerce merchants to and other cross-border payment providers, connect with consumers using messaging bots. we’re seeing increasing demand from retail consumers and businesses for faster, digitally Meanwhile, a host of recent surveys could help enhanced payments with greater visibility into companies gain further insights into how merchants the process. Indeed, the biggest challenge, and consumers view cross-border trade. A survey especially for traditional providers, is how from Hyperwallet found that some independent to best meet this convergence of escalating sellers are struggling to reach consumers beyond their compliance and accelerating demand as geographic base because of the costs associated more informed customers seek better prices with international trade, while a separate survey from and seamless services from FinTech firms. KPMG International found that Generation X is the It’s not surprising that a growing number of most active group of online shoppers. These surveys these firms are now aligning themselves with the ‘competition.’ FinTechs offer more robust, could provide companies that specialize in cross- niche services from a disaggregated banking border trade and solutions with insights into what model, which affords less agile players the drives the market. ability to select solutions that will help them drive better business outcomes.” X-Border February Tracker updates In the February Tracker, we’ve featured 137 global payments service providers, with five additions: Emergent Payments, JetPay, Netpay International, Mike Laven, CEO of Currencycloud PAYMUNDO and YapStone. We’ve also updated scores in the provider directory for three companies: allpago, FIS and Klik & Pay.

If it becomes increasingly difficult for [companies] to do business in one particular market, there are plenty of other options.

In the fast-paced world of cross-border trade, thinking consuming challenge for merchants that makes globally and acting locally is not as simple as it thinking globally and acting locally all the more sounds. difficult. So what’s a merchant to do?

With old rules evolving into new ones, geographic PYMNTS spoke with Casey Bullock, general manager boundaries and their own set of regulations are of North America for Worldpay, a global payments just some of the many complexities that add solutions provider that works with nearly 400,000 friction to the process of international business. merchants operating in 126 currencies and 146 For merchants, conducting cross-border trade often countries. Bullock discussed the compliance means following another nation’s local rules around challenges of various payment scheme regulations payment acceptance, compliance, taxes and physical that cross-border merchants often need to confront. requirements and a host of other factors that vary between borders. Political uncertainly and global trade With 2017 now in full swing, Bullock said he is And when merchants are dealing with these encouraged by what he sees as a “strong economy” complexities, thinking locally can depend heavily on worldwide that shows signs of growth. He noted that where a company’s headquarters is located as much Worldpay’s 2016 Global Payments Report anticipates as by the countries and regions in which it operates. the global eCommerce market will grow by 10.4 percent by 2020. Navigating through this labyrinth is often a time-

However, even with the global eCommerce market they were prepared for the possibility of the outcome, on the rise, political uncertainty around the world is he said. bound to have a destabilizing effect on cross-border trade. And while political uncertainty can cause complications for businesses that engage in cross- “The political turmoil has a knock-on effect on our border commerce, Bullock said companies should industry,” Bullock said. keep turning to international trade as a solution.

Bullock said businesses operating in the eCommerce space are often at the mercy of a variety of factors, including socioeconomic and political movements. As The political turmoil has these movements take shape, they can alter political and economic landscapes, forcing businesses to a knock-on effect on our quickly adjust to their new realities. industry.

He pointed to last year’s Brexit vote as an example of a political event that added layers of uncertainty to the world market for cross-border merchants. Following the vote last year, freight, shipping and “If it becomes increasingly difficult for [companies] to logistics companies saw their stocks tumble as these do business in one particular market, there are plenty companies confronted the reality of having to rethink of other options,” said Bullock. old relationships. Because Worldpay is active in multiple markets, But while political events can cause economic Bullock said, it was able to remain on strong footing uncertainty, Bullock advised merchants and during an uncertain political climate. companies that engage in cross-border trade to keep a level head. “We’re not just a one-market shop, and because of that fact, we will keep going strong even if things “These things happen,” he said, referring to the Brexit come up that punch us in the gut,” he said. vote. “As a business, we just try to prepare for those things and make sure that we’ve got a sound and And considering world events can be so promising business plan and that we are prepared for unpredictable, companies that engage in trade on the as many contingencies as we can think of.” world stage must be prepared to handle uncertainty — even the uncertainty posed by large-scale movements Bullock’s reaction to a large-scale event like Brexit like Brexit, he said. might sound nonchalant, but London-based Worldpay and other companies were able to successfully “[Brexit] is one of those things that happens in the emerge from the event on strong footing because normal course of business, as odd as that may

sound,” he said. “These are just odd things you have requires a company’s IT infrastructure to be located to try to prepare for as best you can.” in the country for payment processors to handle local transactions. He said this rule is in place in an effort Staying compliant with local business rules to protect the local payment ecosystem and is one While it can be difficult to predict world events of several requirements that must be met by Turkey’s like Brexit, one thing companies can do to reduce financial regulatory body before companies can be uncertainty related to cross-border trade is learn the licensed to process payments. local rules of compliance. Bullock said merchants have to be aware of what their legal and financial “How do we make sure these guys are going to obligations are in any country where they conduct continue to process in a way that doesn’t get them business as they extend their reach across borders. in trouble with [various countries’] schemes?” said Bullock. “The sense of requirements tied to how you process a transaction as a merchant, what is physically required of you as a merchant to be a domestic or a cross-border player, and how that plays out across the different entities that a client might set up — those These are just odd things rules are definitely changing,” Bullock said. you have to try to prepare for Companies that are not in compliance with another nation’s trading rules can be in for a rude awakening. as best you can. In 2015, a U.S. guitar manufacturer encountered trouble with Canadian customs when it tried to expand its sales operation there. Last year, cargo shipments from the Middle East to India were delayed for several months over issues with customs He cautioned that trouble can arise if a business compliance. misinterprets a requirement of conducting business internationally, and this can make navigating local With the regulations constantly changing, companies cross-border markets all the more difficult. For like Worldpay are tasked with interpreting the rules example, some merchants are required to have a on behalf of clients to help companies navigate the physical operation in the country where they pay complexities of international trade and helping these corporate or sales taxes or be registered as a tax- merchants stay compliant with the rules of their paying entity in a certain country. relevant payment scheme. “Merchant location rules have changed in such a way Navigating rules like this is where companies engaged where it’s not that easy to set up a physical shop,” said in cross-border trade typically need help. For example, Bullock. Bullock pointed out that the Turkish government

He pointed out that these rules were implemented to prevent some companies from dodging taxes and under the hood fees. But he also said the unintended consequence is that too many companies have to jump through hoops in order to stay compliant with local laws. “At the end of the day, rules like that are put in place How does for a good reason,” Bullock said. “It’s really not meant to penalize the large-scale companies that are a closed- processing locally but don’t necessarily have a large- scale operation in country.” loop market

These complexities can be overwhelming for both function? large and small merchants.

“This stuff is enough to make your head spin clean off,” he said. “A closed loop payment model is different from the traditional for party payment For this reason, it’s important for merchants and model. A good example of this is the vendors that specialize in compliance issues to stay South Korea eCommerce market. It is on top of the rules. structured differently from the traditional four-party payment model that is common “We’ve got to work on behalf of the [local] schemes to the acquiring world in most markets and looks like this: merchant –> payment that we’re following and make sure that we are gateway –> value-added network –> issuer. compliant, and we also need to make sure our The value-added network effectively takes merchants are compliant,” Bullock said. on the traditional role of companies like Visa or Mastercard in these transactions and connects the payment gateway to the issuer. However, in the traditional model, the card schemes are not involved in fund settlement as this is done directly by the issuer with either the merchant or payment gateway (in almost all instances, the payment gateway).

The primary reason for this is because merchants would need to have individual contracts with each of the issuers (who all acquire their own cards only) with different settlement times, costs, etc., which is why the role of the payment gateway is key to the entire process.”

Casey Bullock, North America general manager at Worldpay

New global partnerships up with Chinese airline provider China Southern to offer airline passengers a more streamlined Banking on Worldline’s ACS solution for 3D Secure eCommerce experience. In addition, CyberSource also authentication reached an agreement with OnePlus to expand the Collaborations between financial companies are types of payment options for global users and reach continually emerging as businesses seek to boost into new markets in Europe and Asia. their global influence. For starters, Worldline, a payment and transactional services provider, was recently chosen by Danske Bank to implement VTEX’s Ventures its Access Control Server solution for 3D Secure VTEX gets a seat at the PCI Security Standards authentication across Northern Europe, including in Council Denmark, Sweden, Finland, Norway and the U.K. Digital commerce platform VTEX has announced its decision to join the PCI Security Standards Council as WCA, Alibaba band together to coordinate logistics a participating organization, allowing the company to agreement contribute to the council’s standards setting process. Another partnership aims to improve logistic services In a press release, VTEX said it will work with the between borders. Under an agreement between WCA council to improve data security globally with the and Alibaba, approved WCA member companies will ongoing development of PCI Security Standards. be able to integrate into Alibaba’s platform for cross- border eCommerce shipments and offer professional Expanding payment options for the Brazilian market support in “vetting and approving” international VTEX’s busy month continued as it took steps to logistics providers for Alibaba’s customers. improve eCommerce in the Latin American region by partnering with online platform gateway provider Reservation service has no reservations on seeking PagBrasil. Under the agreement, online retailers greater global payments acceptance in Brazil and overseas will gain access to VTEX’s Speaking of logistics, a partnership between mobile platform and integrate with PagBrasil’s payment commerce solutions provider Ingenico ePayments solutions, giving international companies that do and travel site Booking.com aims to offer vacationers not have a local presence in the Brazilian market the and travelers more payment options during their ability to provide payment methods acceptable for trip. Under the agreement, Booking.com can access Brazilian merchants. Ingenico’s portfolio of international cards and alternative payment products with the goal of allowing Expanding the reach of eCommerce the travel company to improve its conversion rate of In another new agreement, VTEX took steps to help visits to online payments. eCommerce merchants improve their performance in the global marketplace by entering a strategic CyberSource expands its payment solutions reach partnership with payment technology provider Adyen. New solutions are also coming to the travel market By adding Adyen and its proprietary risk tools, VTEX in Asia thanks to a series of partnerships by payment expects sites that use its solutions to see higher processing, security and risk management solutions conversion rates. provider CyberSource. The company recently teamed

Buyers and sellers Survey says ACI Worldwide offers global sellers new mobile Survey: Generation Xers the most active online commerce solutions shoppers worldwide ACI Worldwide is changing the way sellers conduct A survey conducted by KPMG International found cross-border commerce with the debut of its Mobile Generation X was responsible for most online Commerce Software Development Kit at the NRF shopping during a 12-month period, followed by Annual Convention and Expo. This new feature allows millennials and baby boomers. The survey, which global merchants to access a range of payment asked over 18,000 online consumers worldwide about options and access ACI’s network of over 350 card their online shopping habits, also found that most acquirers and alternative payments using mobile consumers consider the least expensive price the apps. most important factor when deciding what to buy online, followed by delivery options, a convenient Goal Zero turns to Digital River to directly access return policy and payment options. consumers Other recent industry developments are aimed at Geography a key headache for X-border commerce experiences for buyers. For example, Solar power Another survey from Hyperwallet found that problems solutions company Goal Zero turned to Digital River with cross-border payments, such as inefficiencies to manage its direct-to-consumer eCommerce with payment deliveries and high costs, are impeding operations for English, French, German and Spanish some independent sellers’ ability to reach customers online retailers. According to a press release, Goal beyond their geographic base. The State of Zero is seeking a direct-to-consumer channel in an eCommerce Marketplace Selling in 2017 asked 1,500 effort to offer its customers added flexibility and eCommerce sellers about their experiences selling on expand services in areas where no local sellers were eCommerce platforms such as Amazon and Etsy. The previously available. report also found that in addition to guaranteeing that sellers receive their funds, payment processes are key Ingenico rings up new payments capabilities through to building trust and loyalty within marketplaces. messenger bots Some new solutions are completely changing the way Report: Indian shoppers spending more on X-border merchants and consumers interact with technological shopping innovations. Payment technology firm Ingenico has Meanwhile, a survey from PayPal and Ipsos revealed announced the launch of a solution that embeds that consumers in India are increasing their cross- payments directly into a slew of messaging bots. The border eCommerce shopping activity. The survey solution will allow customers and businesses with found that Indian shoppers spent over $8.7 billion an online presence to connect via “conversational on international eCommerce sites last year, a 6.7 commerce” on Facebook Messenger, Skype, LINE, Kik, percent increase over 2015. The report discovered Telegram, WeChat and Slack. that shoppers in India are likely to look to overseas eCommerce sites to find brands and products that aren’t available on domestic sites.

Developments in global expansion The two payment options are popular choices among Chinese consumers, and PAYONE’s inclusion of both First Data launches initiative to expand software aims to help merchants enter China’s online market. developer relations In an effort to improve its engagement with various Festo taps Wirecard for credit card processing “market participants” around the world, First Data service has launched a new business initiative called First Beyond Asia, new payment services are also Data Integrated Solutions Group. The group aims to becoming available to online shoppers in Europe, improve First Data’s relationships with independent thanks to automation company Festo’s and payment software vendors and developers, value-added services provider Wirecard’s new partnership. resellers, system integrators, and other players. The Wirecard will oversee the credit card processing new program’s goal is to expand software developer services for Festo’s online business in France. In tools for integration with First Data’s platform. addition to expanding into Festo’s French market operations, Wirecard also plans to handle payment Hyperwallet adds London office processing services for Festo’s online businesses in Other companies are also expanding their presence the Netherlands. on the world stage. Global payment provider Hyperwallet opened a new office in London in an effort to focus on the expanding gig economy, digital Heard around the blockchain marketplaces and on-demand businesses. SWIFT launches blockchain proof of concept Several companies are experimenting with blockchain Fission, Fortumo partner on carrier billing service solutions as means of helping companies manage Meanwhile, a new billing solution for streaming their overseas finances. Financial messaging service services has broadened its worldwide scope with SWIFT has aunched a proof-of-concept test to its debut in the Middle East and North African evaluate if blockchain’s distributed ledger technology regions. Mobile payments company Fortumo and live can be used to help banks more effectively manage streaming provider Fission are partnering in order to their nostro databases in real time in an effort to offer direct carrier billing. Under the agreement, users lower costs and operational risks. of Fission’s live streaming service will be able to pay for premium features by adding the charges to their Earthport earns recognition for blockchain solution mobile phone bill and sidestepping the need for a Another company’s blockchain solution has earned credit card. it accolades from a renowned financial publication. Earthport has been awarded a silver award by PAYONE incorporates Alipay, China Union Pay for Fintech Finance Magazine. Earthport launched its China’s eCommerce market Distributed Ledger Hub for multiple ledgers last year. Another development could help merchants gain a The platform, the result of Earthport’s collaboration foothold in China’s market. eCommerce business with Ripple in August 2015, was designed to offer solution provider PAYONE is expanding the types of additional connectivity to ledgers as they materialize payments it offers in the Chinese market by adding through a relationship with Earthport. Alipay and China Union Pay to its solutions roster.

X-Border Payments Optimization TrackerTM directories and Google searches. The list of providers The PYMNTS.com X-Border Payments Optimization will grow over time. Tracker™ is designed to provide an organizing framework for evaluating the many players that We researched provider websites to gather provide merchant payment processing services information on key attributes important to serving geared for cross-border payments. the needs of cross-border merchants. Scoring for the X-Border tracker includes: Provider Profiles We identified leading cross-border payment service providers by researching numerous industry

Risk/Compliance Services Geographies Export and tax compliance, tax Regions served, currencies and burden, and merchant of record languages, and office locations

Fraud Tools PCI compliance, tokenization, 3D Secure, address verification services, Payment Methods order linking, Payment methods, proxy piercing, digital wallets, transaction scoring, account-on-file, end-to-end encryption, recurring billing, chargeback acquirers connected automation, IP to, and acquirer geolocation, device services fingerprinting, velocity checks

Developer Toolkits APIs, eCommerce plug-ins, programming languages, Omnichannel shopping carts, account updater Mobile and tablet POS, number services of operating systems supported, and EMV

score score 01 84 14 48

score score 02 81 15 46

score score 03 78 16 44 tie

score score 04 75 16 44 tie

score score 05 16 44 69 tie

score score 06 66 19 43 tie

score score 07 57 19 42 tie

score score 08 55 20 42 tie

score score 08 55 21 41 tie

score score 10 54 22 39 tie

score score 11 53 22 39 tie tie

score score 13 51 23 38

PYMNTS will periodically update scores based on new developments. If you would like your company to be considered for inclusion in the Tracker’s Scorecard or wish to have an existing listing reconsidered for an update, please head over to our profile submission/update page.

New Additions to the X-BorderTM Tracker

The X-Border LandscapeTM is a graphic representation of the Top 10 payment service providers in six categories important to optimizing a merchant’s cross-border payments operations. The highest ranked providers are listed to the right of the graphic.

Industry standard Best-in-class

Payment Methods    

  Geographies  

 Developer Tools  

 Risk and Compliance   

  Fraud Tools  

Omnichannel 

Indicates top scoring company in at least 4 categories.  *Top 10 are based on final scores. There may be ties in each position, creating more than 10 companies per category.

The PYMNTS.com X-Border Payments Optimization Tracker™ is designed to provide an organizing framework for evaluating the many players that provide cross-border merchant payment processing services.

Provider profiles include company overviews, the year the company launched, and number of customers and annual revenue, when available. Profiles also include a total score derived from quantifying the services offered in each of six areas important to cross-border payments:

RISK AND GEOGRAPHIES DEVELOPER TOOLS COMPLIANCE score PAYMENTS FRAUD TOOLS OMNICHANNEL METHODS

Directory listings begin on next page 

GEOGRAPHIES DEVELOPER Total RISK 0 3 3 Launch Date: 1999 23 Customers: 100,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 8 6

2000Charge/Global Clearing Solutions specializes in alternative payment solutions, covering a broad spectrum of payment methods and target markets. 2000Charge provides a complete solution that includes integration, end user support, transaction management tools, geotargeting, fraud controls and more.

GEOGRAPHIES DEVELOPER Total RISK 0 3 0 Launch Date: 1999 21 Customers: 50,000 FRAUD PAYMENTS OMNICHANNEL Pricing: 2.9% + $0.30 5 7 6

2C2P (Cash and Card Payment Processor) is a Southeast Asian comprehensive payment solutions provider aiming to transform millions of everyday payments across Asia. The company offers a number of services tailored for the needs of eCommerce and m-commerce merchants, banks and nancial institutions of all sizes.

GEOGRAPHIES DEVELOPER Total RISK 0 13 9 Launch Date: 1999 36 Customers: 50,000 FRAUD PAYMENTS OMNICHANNEL Pricing: 2.9% + $0.30 4 4 6

2Checkout is a global payments provider that enables businesses and organizations to accept payments anywhere, anytime. The solution offers eight payment methods in 26 currencies, and can settle in 25 home currencies. 2Checkout offers both hosted checkout forms and APIs, and integrates with more than 100 shopping carts.

GEOGRAPHIES DEVELOPER Total RISK 4 4 8 Launch Date: 2004 28 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 5 0

Abilipay Ltd. is an outsourcing service provider that specializes in payment processing, risk management, billing and credit control. The company’s efforts are geared toward Web-based merchants, covering a wide range of payment methods and target markets.

GEOGRAPHIES DEVELOPER Total RISK 0 9 8 Launch Date: 2015 39 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 9 6

Acapture, a global omnichannel PSP, designs solutions that eliminate the obstacles modern online merchants face in their payment processing and support cross-border growth. Acapture’s system features SlicePay for simplified allocation of funds to multiple parties from a single transaction, flexible reporting for improved data analysis, a one day integration using one RESTful API, a streamlined reconciliation process, 20 ecommerce platform plugins and the ability to handle 60+ of the most popular alternative payment methods and 150+ transaction currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 7 3 Launch Date: 2000 18 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 1 0

Accertify Inc., a wholly-owned subsidiary of American Express, is a provider of fraud prevention, chargeback management and payment gateway solutions for merchants spanning many industries worldwide. Accertify’s suite of products and services helps eCommerce companies grow their business by driving down the cost of fraud, simplifying business processes, and ultimately increasing revenue.

GEOGRAPHIES DEVELOPER Total RISK 11 19 8 Launch Date: 1975 81 Customers: +5,100 organizations FRAUD PAYMENTS OMNICHANNEL Pricing: $450 B 15 16 12

ACI Worldwide, the Universal Payment (UP) company, provides electronic payments support to organizations around the world. ACI executes $14 trillion each day in payments and securities. In addition, the company provides electronic bill presentment and payment services. Through the company’s comprehensive suite of software and SaaS-based solutions, ACI delivers payments capabilities geared toward creating omnichannel experiences.

GEOGRAPHIES DEVELOPER Total RISK 0 12 4 Launch Date: 2006 53 Customers: 3,500 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 9 13 15

Adyen is a payments technology company that provides businesses with a single global platform to accept payments anywhere in the world. Driven by a vision to improve customer experience, streamline processes and increase revenue, Adyen enables businesses to process payments across online, mobile and point of sale (POS), with over 250 payment methods and 187 transaction currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 6 0 Launch Date: 2004 19 Customers: 300 million users FRAUD PAYMENTS OMNICHANNEL Pricing: 2.0% – 3.0% 0 7 6

Launched in 2004 as an important participant in Alibaba Group’s ecosystem, Alipay provides secure, trustworthy, and convenient online and mobile payment services. Alipay currently collaborates with over 200 nancial institutions and provides payment solutions for nearly 10 million small and micro businesses. As of December 2013, Alipay reached 300 million real-name registered users.

GEOGRAPHIES DEVELOPER Total RISK 0 11 8 Launch Date: 2002 29 Customers: 125 million users FRAUD PAYMENTS OMNICHANNEL Pricing: 1.95% + $0.20 3 7 0

Allied Wallet continues to in uence the eCommerce industry by introducing new and innovative payment processing solutions for online merchants, helping them to send and receive global payments. With PCI compliant merchant services for businesses of different sizes, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions.

GEOGRAPHIES DEVELOPER Total RISK 8 5 10 Launch Date: 2008 44 Customers: 25 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 9 12 0 Updated allpago operates as a payment gateway in Latin America, serving merchants and payment service. With one integration, it provides access to Visa, Mastercard, Diners, Amex, Discover, Elo, Boletos (Itaú, Bradesco), PayPal Brazil and over 150 payment methods worldwide. An API solution with a full set of transaction and post- transaction operations allows the solution to have 100% ERP integration.

GEOGRAPHIES DEVELOPER Total RISK 0 3 4 Launch Date: 2008 18 Customers: 40 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 8 0

AltaPay is a global payment management company, headquartered in Copenhagen, Denmark. Founded in 2008, the company (formerly known as Pensio) provides eCommerce businesses with global payment processing solutions. AltaPay’s customers include Arvato Bertelsmann, boohoo.com, ECCO, Kate Spade, Live Gamer, and Toys “R” Us.

GEOGRAPHIES DEVELOPER Total RISK 0 5 7 Launch Date: 1999 26 Customers: 3.85% + €0.20 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 5 6

Alternative Payments Inc. provides online merchants with a complete set of payment solutions tailored to local markets around the world. Provides solutions for billing the 65% of Europeans that do not have credit cards. Processes any currency and settle in-bank account in US Dollars or Euros. Offers local language support & geotargeting forms.

GEOGRAPHIES DEVELOPER Total RISK 0 4 5 Launch Date: 2007 22 Customers: 2.9% + $0.30 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 11 0

Checkout by Amazon is a complete checkout and payment solution for eCommerce retailers. Merchants can offer the solution as a checkout or payment option on their retail websites, enabling millions of Amazon customers to make purchases using the information stored in their existing Amazon.com accounts.

GEOGRAPHIES DEVELOPER Total RISK 0 3 8 Launch Date: 2012 33 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 4 15

American Volume is a US and European Non Bank Acquirer and a Principal Member of VISA and Mastercard, providing payment solutions for E-Commerce, Mobile and Retail merchants. Provides online credit & debit card processing including Visa, Mastercard, Discover and American Express.

GEOGRAPHIES DEVELOPER Total RISK 0 7 7 Launch Date: 1984 29 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 10 0

Apco Pay is is the online payment solutions branch of Apco Group. Apco is a provider of hardware and automation products to the banking industry. The company is headquartered in Malta, with operations in 25 countries. Apco was recently acquired by PTLi, part of the Hili Ventures.

GEOGRAPHIES DEVELOPER Total RISK 0 5 5 Launch Date: 2000 32 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 8 9

AsiaPay, an electronic payment solution and technology vendor and payment service provider, aims to bring advanced, secured, integrated and cost-effective electronic payment processing solutions to banks and e-businesses. The company works with international credit card, debit card and other prepaid card payments.

GEOGRAPHIES DEVELOPER Total RISK 0 3 3 Launch Date: 1987 23 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: $250/month 3 11 3

Since 1987, Auric has been producing affordable and accessible payments processing solutions. As a payment application solutions provider, Auric aims to transform payments security and provide high-quality solutions that empower businesses with safe payments processing and PCI compliance. The company serves customers ranging from small and medium-sized businesses to some of the world’s largest companies and public sector organizations.

GEOGRAPHIES DEVELOPER Total RISK 0 3 3 Launch Date: 1996 29 Customers: 440,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 4 12

Since 1996, Authorize.Net has been a provider of payment gateway services, managing the submission of billions of transactions to the processing networks on behalf of merchant customers. Authorize.Net is a solution of CyberSource Corporation, a wholly owned subsidiary of Visa.

GEOGRAPHIES DEVELOPER Total RISK 8 15 3 Launch Date: 2006 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 4.9% + $2.5 3 1 0

Avangate is a digital commerce provider that enables the new services economy, helping software, cloud and online services companies sell their products and services via any channel, acquire customers across touchpoints, increase retention, leverage smarter payments, experiment on the fly and optimize their business in order to increase overall revenue.

GEOGRAPHIES DEVELOPER Total RISK 8 4 3 Launch Date: 1999 27 Customers: 1 billion user FRAUD PAYMENTS OMNICHANNEL Pricing: 2% – 5% 3 3 6

Bango powers payment and analytics on the mobile Web. The solution’s presence across the Web creates a platform effect for partners by identifying hundreds of millions of users and maximizing the number of one- click payments. Bango’s customers include Facebook, BlackBerry World, Windows Phone Store, Amazon, CNN, Cartoon Network and EA Mobile.

GEOGRAPHIES DEVELOPER Total RISK 0 3 3 Launch Date: 2009 18 Customers: 300,000 FRAUD PAYMENTS OMNICHANNEL Pricing: 13.5B annually 6 0 6

Bank of America Merchant Services, a joint venture between First Data and Bank of America, provides payment solutions by combining the technology and innovative products of First Data with the relationship strength and prominent global brand of Bank of America. Bank of America Merchant Services delivers payments, commerce, security and advice through more than 100 products and services to merchants of all sizes.

GEOGRAPHIES DEVELOPER Total RISK 0 5 5 Launch Date: 1966 25 Customers: 23,500,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $371B 2 1 12

Barclaycard, part of Barclays Bank PLC, is a global payment business that helps consumers, retailers and businesses to make and take payments flexibly, and to access short-term credit and point of sale finance. The company is a pioneer of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future.

GEOGRAPHIES DEVELOPER Total RISK 0 8 6 Launch Date: N/A 21 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.1% – 3.5% fee 3 4 0

BillPro offers secure payment solutions for low- and high-risk industries. BillPro offers credit card, eCheck, ACH and international bank payments for all business types. BillPro also offers a Level 1 PCI DSS Compliant payment gateway that is fully integrated with many of the world’s largest gateways and shopping carts.

GEOGRAPHIES DEVELOPER Total RISK 0 6 0 Launch Date: 2004 10 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1% fee on every purchase 3 1 0

BitGold Inc. is a platform for savings and payments in gold. It provides users with a secure vault account to purchase gold using a variety of electronic payment methods and transaction capability including: instant cross- border gold payments, merchant invoicing and processing for gold, debit card spending of gold at traditional points of sale, conversions to a customer’s external digitalwallet or bank, and physical gold redemptions.

GEOGRAPHIES DEVELOPER Total RISK 0 10 9 Launch Date: 2011 44 Customers: 60,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $0 transaction fees 2 11 12

BitPay is a payment service provider specializing in the peer-to-peer virtual currency bitcoin, which allows users to make instant transactions from anywhere in the world with no risk of fraud or chargebacks. Using BitPay, merchants can accept bitcoin as a payment method, just like they would with Visa, Mastercard, PayPal or cash. Merchants can choose what percentage of revenue is kept in bitcoin or converted to a fiat currency and direct deposited into their bank account. BitPay has also eliminated processing fees.

GEOGRAPHIES DEVELOPER Total RISK 0 3 7 Launch Date: 2003 31 Customers: 42,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $11B 2 7 12 Updated

BluePay is a provider of technology-enabled payment processing for merchants and suppliers of any size in the United States and Canada. Through physical POS, online and mobile interfaces, as well as CRM and ERP software integrations, BluePay processes business-to-consumer and business-to business payments. The solution provides real-time settlement, reporting, and reconciliation, along with robust security features such as tokenization and point-to-point encryption.

GEOGRAPHIES DEVELOPER Total RISK 11 15 11 Launch Date: 2001 69 Customers: 2,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 12 14 6

BlueSnap is a global payments technology company that optimizes global, mobile checkout and drives higher payment conversions by as much as 40 percent for eCommerce merchants worldwide.

GEOGRAPHIES DEVELOPER Total RISK 0 8 0 Launch Date: 2009 14 Customers: 3 million users FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 0 0 6

Boku is a frictionless payment system that transforms mobile phone numbers into safe and secure payment instruments. In 2009, Boku partnered with mobile operators around the world to enable their subscribers to purchase virtual goods simply using their mobile numbers. With Boku, customers can charge their purchases directly to their mobile bills using just their mobile numbers.

GEOGRAPHIES DEVELOPER Total RISK 0 9 7 Launch Date: 2007 42 Customers: $12B FRAUD PAYMENTS OMNICHANNEL Pricing: 40 million users 9 11 6

Merchants in more than 40 countries across North America, Europe and Australia can accept payments in more than 130 currencies using Braintree.

GEOGRAPHIES DEVELOPER Total RISK 0 8 3 Launch Date: 2005 27 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 11 0

Braspag offers payment solutions in Latin America and the United States. In Brazil, it develops solutions for payment processing (payment gateways), reconciliation, anti-fraud, tokenization, checkout and hosted payment page. Braspag is a company of the Cielo Group.

GEOGRAPHIES DEVELOPER Total RISK 0 4 0 Launch Date: 1989 11 Customers: 250,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 1 3

B+S Card Service is a card acceptance service provider. It provides companies that wish to offer their customers cashless payment methods with the necessary infrastructure and all required services.

GEOGRAPHIES DEVELOPER Total RISK 0 10 3 Launch Date: 1999 34 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 6 9

CardinalCommerce is the pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry since 1999. Through one connection to its proprietary SafeCloud payment platform, CardinalCommerce enables friction-free, technology, neutral authentication and alternative payment services (including digital wallets and mobile commerce services).

GEOGRAPHIES DEVELOPER Total RISK 0 7 4 Launch Date: 2009 20 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 4 0

CardPay offers online credit card processing with no subscription fees for a wide range of currencies and payoffs. It also integrates user-friendly payment gateway solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 4 8 Launch Date: 1999 34 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: £18 Monthly fee; 6.57 pence per trans. 4 6 12

Cardstream is a Level 1 PCI DSS compliant independent payment service solution that provides merchants with a secure and reliable payment gateway for processing debit and credit card transactions online, with a secure and reliable payment gateway, or with a real-time virtual terminal for mail and telephone orders. Cardstream processes card payments for all the U.K. acquirers and several European acquirers across all card types, including China UnionPay, and for all worldwide currencies. Cardstream is also able to work with merchants and acquirer partnerships to source the best possible account rates for merchants.

GEOGRAPHIES DEVELOPER Total RISK 0 9 6 Launch Date: 1985 57 Customers: 280,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $750B 12 15 15

Chase Paymentech provides products and services for point-of-sale and card-not-present environments. Chase Paymentech offers payment solutions such as credit and debit cards, international payments, and electronic check processing as well as digital, alternative and mobile payment options.

GEOGRAPHIES DEVELOPER Total RISK 0 12 7 Launch Date: 2010 28 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.95% – 3.95% + £0.15 2 7 0

Founded in 2010, with offices in London, Singapore, Dubai and Mauritius, Checkout.com provides customizable online payments products and services for small and large online merchants.

GEOGRAPHIES DEVELOPER Total RISK 0 8 8 Launch Date: 2010 29 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 0% 0 4 9

Coinify is a solution that allows people to buy and sell products and accept payments using bitcoin. The company enables merchants to accept bitcoin and get paid in local currency, eliminating the risk of chargebacks and fraud. Coinify offers online sellers seamless integration using payment buttons, shopping cart plug-ins and hosted invoicing. For brick-and-mortar shops, it offers desktop and mobile point of sale (mPOS) solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 5 5 Launch Date: 1997 37 Customers: +10,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 12 9

Computop is a global payment service provider (PSP) that provides eCommerce, point of sale, m-commerce and Mail Order and Telephone Order (MOTO) payments globally. The company, founded in 1997, is headquartered in Bamberg, Germany, with local teams in the U.S., U.K. and China. Computop processes transactions totaling $9+ billion per year, for over 2,800 large international merchants in retail, travel and gaming.

GEOGRAPHIES DEVELOPER Total RISK 0 4 0 Launch Date: 1999 26 Customers: 165 million users FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 4 15

Creditcall makes card acceptance simple from any device, anywhere. The solution can handle attended, unattended, online or mobile payments. Founded in 1996, Creditcall is a global business with offices in North America and Europe.

GEOGRAPHIES DEVELOPER Total RISK 0 5 4 Launch Date: 2012 14 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 1 4 0

CURO Payments is a Collecting Payment Service Provider (CPSP) that offers global payment solutions to online sellers (business and ecommerce merchants). CURO payments is regulated by the Dutch Central Bank (DNB) and has a Cross-Border-Service Passport to almost every EU country. CURO payments supports the major credit card brands like Mastercard and Visa, alternative payment methods like iDEAL, SOFORT and BanContact/MisterCash and PayPal.

GEOGRAPHIES DEVELOPER Total RISK 0 5 8 Launch Date: 2015 24 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1.8% – 5.5% per transaction 3 5 3

CX PAY B.V. is an independent payment gateway for merchant transactions, offering global card processing solutions to the local and international eCommerce industry. Based in Curacao and the Dutch Caribbean, CX PAY offers third-party integration, back of ce tools and fraud protection.

GEOGRAPHIES DEVELOPER Total RISK 8 12 6 Launch Date: 1994 55 Customers: 475,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $7.5B 14 15 0 Updated

CyberSource is a wholly-owned subsidiary of Visa Inc. Over 400,000 businesses worldwide use CyberSource and Authorize.Net brand solutions to process online payments, streamline fraud management, and simplify payment security. The company maintains offices throughout the world, with regional headquarters in Singapore, Tokyo, Miami, Sao Paulo and Reading, U.K.

GEOGRAPHIES DEVELOPER Total RISK 8 5 3 Launch Date: N/A 24 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 6 0

dLocal is a payment provider with a single solution focused on Latin America and other emerging markets. The company’s solutions aim to help eCommerce clients to make simple and risk-free inroads into emerging markets.

GEOGRAPHIES DEVELOPER Total RISK 0 5 0 Launch Date: 2006 14 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 1 6

Danal, Inc., a majority owned U.S. subsidiary of Danal Co., is a provider of mobile business solutions enabling payments, commerce services, targeted marketing, and wallet services optimized for display, mobile and integrated devices. Danal, Inc. provides its merchant customers access to 4 billion subscribers in over 80 countries, representing $2 billion in annual worldwide transaction processing volume. The company directly processes payments for all Tier-1 U.S. carriers.

GEOGRAPHIES DEVELOPER Total RISK 0 9 0 Launch Date: 1996 28 Customers: 30,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 4 9

DataCash Group Ltd (part of Mastercard Incorporated) provides multi-channel global payment processing services and advanced fraud prevention and risk management solutions to merchants and banks. Advanced technology from DataCash enables customers to accept and process transactions in over 177 currencies from over 45 payment brands across eCommerce, m-commerce channels and cardholder present channels.

GEOGRAPHIES DEVELOPER Total RISK 4 8 8 Launch Date: 2000 37 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 8 6

DialXS started in 2000 with payment solutions. The company is the partner for payment and telecom systems that allows consumers to make payments simply and safely.

GEOGRAPHIES DEVELOPER Total RISK 15 20 9 Launch Date: 1994 75 Customers: 11,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 11 20 0

Designed to increase speed to revenue while reducing risk, Digital River World Payments enables merchants of all sizes to process online payments through over 200 international payment options in more than 170 currencies. In 2014, Digital River World Payments processed more than $35 billion in online transactions across more than 240 countries and territories. In addition to international payment processing, Digital River’s services include checkout page optimization, solutions to manage PCI exposure and currency risk, as well as advanced back-office reconciliation services and business intelligence tools.

GEOGRAPHIES DEVELOPER Total RISK 0 6 3 Launch Date: 1997 13 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 0 4 0

Earthport is a regulated global financial services organization specializing in cross-border payments. Earthport provides a cost-effective and transparent service for secure international payments, servicing banks, money transfer organizations, payment aggregators, eCommerce businesses and foreign exchange businesses. Earthport delivers a “global ACH” capability using an innovative payments framework specifically designed for high volumes of low value cross-border payments. This provides its clients with access to local clearing schemes in over 60 countries.

GEOGRAPHIES DEVELOPER Total RISK 0 7 7 Launch Date: 2010 20 Customers: 12,000,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 4 0

EBANX removes all the barriers for International Merchants to sell online to Brazil. It offers an end-to-end payment solution across the entire ecommerce transaction flow, without the need for a local entity. Its mission is to provide solid bridges between global merchants and LatAm’s multicultural population. EBANXs believes people should have the power to choose and go further, and that’s why it offers local payment methods on the biggest websites worldwide.

GEOGRAPHIES DEVELOPER Total RISK 0 7 7 Launch Date: 2013 34 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 3.5% + €0.35 6 8 6

eComCharge is an all-in-one developer, supplier and system integrator. The solution helps merchants receive eCommerce payments. eComCharge solutions serve both payment service providers and online businesses that sell their goods and services to customers around the world.

GEOGRAPHIES DEVELOPER Total RISK 0 9 0 Launch Date: 2000 21 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 3 6

ecoPayz is a global payment solutions provider offering instant, safe and convenient payment services to customers and businesses across the globe. Since its foundation, ecoPayz has successfully provided end-to- end, account and cardbased payment solutions to businesses and individuals worldwide, offering an instant, safe and fast means of moving money around the world.

GEOGRAPHIES DEVELOPER Total RISK 0 5 4 Launch Date: 2012 15 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 4 0

EFT Global is a fully licensed and regulated online payments company that provides payment processing services for small, medium- and large-sized businesses, as well as merchants and individuals selling online internationally. The company is also a financial institution regulated by the Malta Financial Services Authority and the Central Bank of Malta.

GEOGRAPHIES DEVELOPER Total RISK 0 7 0 Launch Date: 1991 35 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 8 14 6

Elavon is wholly owned by U.S. Bancorp and provides end-to-end payment processing solutions and services to more than 1.3 million customers in the U.S., Europe, Canada, Mexico, Brazil and Puerto Rico.

GEOGRAPHIES DEVELOPER Total RISK 0 10 7 Launch Date: 2002 43 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 12 11 3

Since 2002, eMerchantPay has been a trusted payment service provider, partner and specialist that has delivered international online payment processing services to merchants across the globe. eMerchantPay’s payment processing solutions and fraud prevention services enable merchants to increase conversion ratios, expand customer reach and prevent fraud.

GEOGRAPHIES DEVELOPER Total RISK 11 8 3 Launch Date: 2008 39 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 7 3 New

Emergent Payments offers global and local payments solutions that aim to help companies overcome the complexity of doing business in emerging markets like Latin America, Asia, India and Eastern Europe. It serves merchants in several industries including digital entertainment, games, software, services, mobile, education and electronics.

GEOGRAPHIES DEVELOPER Total RISK 0 4 8 Launch Date: 2001 24 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: DKK 1999-2999/month + DKK 0.25 per transaction 2 4 6

ePay is a payment system based in Scandinavia. It offers payment solutions to small and large corporations located all around the world.

GEOGRAPHIES DEVELOPER Total RISK 0 11 3 Launch Date: 1996 20 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 15% of sales 1 5 0

Paycom.net, LLC, doing business as Epoch, is an Internet Payment Service Provider (IPSP) which enables online companies to accept global payments without the need to obtain and manage their own merchant account. It offers worldwide acceptance, multiple currencies, merchant tools, subscription and per-unit billing, customer service, and a suite of marketing and revenue features.

GEOGRAPHIES DEVELOPER Total RISK 0 7 0 Launch Date: 1994 17 Customers: 599,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 7 0

Euronet Worldwide facilitates the movement of payments around the world and serves as a critical link between our partners and their end consumers, both locally and globally. Euronet’s customers are served from three core business segments: Electronic Financial Transactions (EFT, including Payments Software), Prepaid (epay) and Money Transfer.

GEOGRAPHIES DEVELOPER Total RISK 0 4 0 Launch Date: 2005 14 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 4 3

European Merchant Services (EMS) offers credit and debit card payment processing services to companies operating in the European market. EMS is a joint venture between First Data Corporation and ABN AMRO Bank’s International Card Services B.V. It features a payments platform, extensive reporting capabilities, in- house chargeback management and strong fraud support.

GEOGRAPHIES DEVELOPER Total RISK 4 10 8 Launch Date: 2007 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 1 1 6

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., relaunched Bongo International as FedEx CrossBorder. It is positioned as an eCommerce technology solutions platform that enables online retailers to deal with cross-border commerce issues, such as regulatory compliance, secure payment processing, multi-currency pricing and credit card fraud protection. It also connects them to eCommerce consumers around the world.

GEOGRAPHIES DEVELOPER Total RISK 0 4 6 Launch Date: 1996 20 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 4 3

Fidelity Payment Services is a credit card merchant service provider based in New York that allows businesses to accept credit cards as a form of payment. It also provide a full suite of payment services options to businesses and industries throughout the United States, including free gift cards, ACH and check services. The processing platforms utilized by Fidelity are responsible for more than 76% of America’s annual credit card processing volume.

GEOGRAPHIES DEVELOPER Total RISK 0 11 5 Launch Date: 1998 24 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 4 0

First Atlantic Commerce provides global online payment solutions and credit card processing for merchants, banks and partners. The company offers 3-D SecureTM veri cation, pre-authentication services and risk management solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 13 10 Launch Date: 1971 51 Customers: 6.2 million users FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 7 15

First Data is a provider of payment technology and services solutions, with 24,000 owner-associates and operations in 35 countries. Businesses in nearly 70 countries use First Data to process nearly 2,000 financial transactions per second, totaling $1.8 trillion a year. First Data’s infrastructure consists of point-of-sale technology powered by analytics.

GEOGRAPHIES DEVELOPER Total RISK 0 8 0 Launch Date: 2006 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 9 13 0 Updated

FIS is a global leader in banking and payments technology as well as consulting and outsourcing solutions. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 130 countries. Headquartered in Jacksonville, Florida, FIS employs more than 40,000 people worldwide and holds leadership positions in payment processing and banking solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 12 3 Launch Date: 2007 31 Customers: 120,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 0 4 12

Fortumo OU engages in the development, sale, service, support, and management of mobile payment solutions to application developers, social networks and digital goods vendors. The company works with organizations across the world, including those headquartered in Asia Pacific, Central and Eastern Europe, North America, Northern Europe, Western Europe, the Middle East, Africa and Latin America. It offers in-application purchasing solutions that enable developers to charge for premium features and sell virtual credits inside their applications using mobile operator billing. The solutions also support SMS-connectivity/mobile payments API to enable developers to integrate mobile payments with applications, games and Web services.

GEOGRAPHIES DEVELOPER Total RISK 0 12 8 Launch Date: 2015 46 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.5% + 0.22€ 7 10 9

Gate2Payments ApS is a European technology management company that provides eCommerce businesses with global payment solutions across all sectors. It implements payment solutions for its clients by connecting them to an array of global and local financial institutions through the Gate2Payments platform, as well as its own in-house solutions for processing credit and debit card transactions.

GEOGRAPHIES DEVELOPER Total RISK 0 5 1 Launch Date: N/A 21 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: €15+vat/month + 3,5% for transaction 2 7 6

Gestpay from Grupo Banca Sella allow companies to cccept payments from any card, Paypal and other systems (in currencies other than Euro too), completely transferring management and responsibility of the data. It also increase conversions by allowing your customers to pay with one single click and automate back office operations with recurring payment.

GEOGRAPHIES DEVELOPER Total RISK 0 5 0 Launch Date: 2001 17 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 7 3

Global Payment Connection is an independent consulting, support and full-service organization, specializing in card-not-present payments. Active in payments for over 15 years, the company has experience in the fast- moving market of online payments and utilizing payment technology to serve the needs of merchants and cardholders.

GEOGRAPHIES DEVELOPER Total RISK 0 4 0 Launch Date: 1998 20 Customers: 2,500,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 4 9

Global Payments Inc. is a provider of electronic transaction processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Europe and the Asia-Pacific region.

GEOGRAPHIES DEVELOPER Total RISK 0 6 3 Launch Date: 2005 25 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 11 0

Globebill, an international payment solutions provider specializing in global card processing for the eCommerce market, offers acquiring banks, PSPs, ISOs and their merchants a PCI-DSS compliant international payment processing platform. Globebill helps companies accept payments via credit card, debit card and alternative payment methods from more than 70 countries.

GEOGRAPHIES DEVELOPER Total RISK 0 5 6 Launch Date: 2011 17 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1% up to a maximum of £2 2 4 0

GoCardless is a next generation payments company. It processes online payments through direct debit infrastructure. Its features include: low prices (1% up to a maximum of £2), easy payment collection (automate reconciliation customer account) and instant online sign-up.

GEOGRAPHIES DEVELOPER Total RISK 4 8 3 Launch Date: 2010 18 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1% 2 1 0

GoInterPay is a multi-currency conversion and settlement service that connects a customer’s existing website with eCommerce technology. It enables customers to show pricing and settle purchases in the local currency of the international shopper.

GEOGRAPHIES DEVELOPER Total RISK 0 5 1 Launch Date: 2008 19 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 9 4 0

GPN DATA is a global eCommerce PSP that provides payment processing tools to complete cross-border transactions. The company also offers card-not-present payment processing services.

GEOGRAPHIES DEVELOPER Total RISK 8 16 4 Launch Date: 2000 48 Customers: 400+ customers, 7 FRAUD PAYMENTS OMNICHANNEL million+ payees Pricing: N/A 7 4 9

Hyperwallet is a purpose-built payout platform that empowers businesses to quickly, cost-effectively, and transparently distribute funds to independent contractors, suppliers and resellers anywhere in the world. Hyperwallet’s payments platform and global settlement network enables businesses to distribute funds to 170+ countries in more than 150 currencies. The company’s range of flexible payout options includes local bank deposits, international wire transfers, branded prepaid and virtual cards, custom checks, cash pick-up services, and pay to existing credit and debit card capabilities.

GEOGRAPHIES DEVELOPER Total RISK 0 13 3 Launch Date: 2001 37 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 16 0

IBM Payment Systems (IPS) is a global payment gateway and eCommerce checkout solution that integrates seamlessly into websites, mobile sites, smartphone apps and call center tools. An easy-to-use interface, combined with a fully localized payment checkout experience, implemented on a centralized platform, means global retailers can set up and manage a comprehensive local online payment solution quickly, easily and costeffectively.

GEOGRAPHIES DEVELOPER Total RISK 0 9 6 Launch Date: 1999 27 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 7 0

ImGlobal Payments is a merchant services provider for businesses that require credit and debit card processing services to accept payments for Internet, Mail-Order Telephone-Order (MOTO), & POS/Retail transactions.

GEOGRAPHIES DEVELOPER Total RISK 11 17 11 Launch Date: 2016 84 Customers: 65,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 14 16 15

Ingenico ePayments is the online and mobile commerce division of Ingenico Group. It combines GlobalCollect and Ingenico Payment platforms into a single organization.

GEOGRAPHIES DEVELOPER Total RISK 0 13 3 Launch Date: 2012 27 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 8 0

Inpendium provides global payment connectivity and full-cycle payment management services for enterprise-level eCommerce merchants worldwide. Its technology platform supports payment services to global merchants.

GEOGRAPHIES DEVELOPER Total RISK 0 5 6 Launch Date: 2001 17 Customers: 12,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 4 0

Instabill provides a suite of full-service merchant services for eCommerce, MOTO and POS businesses worldwide, including credit card processing, check solutions, fraud protection and international expansion services in over 160 currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 5 6 Launch Date: 2008 17 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 4 0

IntegraPay is a payment services provider that operates in Australia, New Zealand, the U.K. and the U.S. The company is known for client service and technology innovation.

GEOGRAPHIES DEVELOPER Total RISK 0 5 3 Launch Date: 2000 25 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 7 3

The Intelligent Payments platform was developed by one of the largest online merchants in Europe. Through a single platform, Intelligent Payments manages Web and mobile payments. Intelligent Payments provides a range of services to help merchants manage their online payments, such as: payment handling, fraud management, 3D Secure Management, least cost routing, reporting and reconciliation, payment security and business intelligence.

GEOGRAPHIES DEVELOPER Total RISK 0 3 3 Launch Date: 2004 18 Customers: 3,500 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 4 6

IP Payments has over ten years’ experience in the cash flow improvement and PCI compliance markets emerging as a leader in secure revenue management solutions with the provision of three core capabilities; payment processing solutions (payment gateways), secure credit card storage solutions (IP PCI) and accounts receivables automation solutions (SIPP).

GEOGRAPHIES DEVELOPER Total RISK 0 12 0 Launch Date: 2010 22 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 7 0 New

JetPay offers products for the payments, payroll and prepaid card industries. It also tailors card-not-present and eCommerce payment processing solutions based on customer needs. Its solutions include international payment processing and a single interface for multiple currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 13 8 Launch Date: 2013 41 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 9 6

KingPay offers omnichannel payment technology solutions to address global business goals. Its platform includes multicurrency solutions, alternative payment methods and a cross-border environment with high- frequency processing capabilities.

GEOGRAPHIES DEVELOPER Total RISK 0 5 6 Launch Date: 2005 16 Customers: 50,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 1 4 0

Klarna, founded in Stockholm in 2005 with the goal of simplifying buying, lets the consumer receive goods first and pay later, while assuming credit and fraud risks for merchants. In 2014, Klarna joined forces with SOFORT to form Klarna Group, the leading European payments provider. Klarna Group has more than 1,200 employees and is active in 18 markets. Klarna serves 35 million consumers and works with 50,000 merchants.

GEOGRAPHIES DEVELOPER Total RISK 0 10 5 Launch Date: 2000 34 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 5.5% + 0.7 per transaction 8 5 6 Updated

Klik & Pay offers various payment solutions, including direct and deferred payments, 3D Secure, and subscription services that enable companies to deliver payment solutions adapted to credit cards and SDD business activities. It also offers a global secured gateway payment solution that is accessible via computer, tablet and smartphone.

GEOGRAPHIES DEVELOPER Total RISK 0 6 9 Launch Date: 2013 44 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 10 12

Linkpay is a 100 percent cloud-built payment solutions platform. Its solutions help online and mobile businesses accept credit cards using cloud technology. Linkpay handles everything, including merchant accounts, gateway, storing cards, subscriptions, PCI security and direct payout to bank accounts.

GEOGRAPHIES DEVELOPER Total RISK 0 10 0 Launch Date: 1966 41 Customers: 35 million acceptance FRAUD PAYMENTS OMNICHANNEL locations Pricing: 1% – 3% per credit card 6 10 15 transaction

Mastercard is one of world’s best known online payment methods and dominant credit card brands. Mastercard is truly a global payment brand, supporting 150 currencies with over 35 million acceptance locations (point of sale and online) in over 210 countries.

GEOGRAPHIES DEVELOPER Total RISK 0 9 0 Launch Date: 2014 19 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2% – 7% per transaction 6 4 0

Meikopay is an international payment solutions provider. The company offers solutions to acquiring banks, PSPs, ISOs and their retailers.

GEOGRAPHIES DEVELOPER Total RISK 4 7 6 Launch Date: 1999 28 Customers: 121 million registered FRAUD PAYMENTS OMNICHANNEL users Pricing: N/A 1 4 6

MercadoLibre’s automated online platform enables businesses and individuals to list items and conduct their sales and purchases in a fixed-price or auction-based format. MercadoLibre has launched a cross-border trade program, which started in the U.S. and will be expanding to the U.K. and Canada. It requires no setup fees and offers multiple integration options, enabling sellers to ship directly to buyer or to a local address.

GEOGRAPHIES DEVELOPER Total RISK 0 8 6 Launch Date: 1999 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 7 6

Merchant e-Solutions helps merchants accept payments and manage them on one platform. Merchant e-Solutions provides a global network and enables merchants to do business in multiple channels, including online, mobile and in-person. Merchant e-Solutions is a merchant acquirer and global processor, processing over $17 billion in annual transaction volume and supporting 150 global currencies, including all major credit cards, debit and alternative payment solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 4 8 Launch Date: 2000 29 Customers: 10,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 8 6

With more than 15 years of expertise in the e-commerce industry MultiSafepay provides international and multi-channel payment solutions and services for 8.000 SME and large enterprise clients across Europe. Operating by one platform, the company offers payment solutions for any device including online, mobile, subscription services, wallet payments, phone & email payments and split payments. Its unique apps for iOS and Android enable merchants to control payments anytime and anywhere.

GEOGRAPHIES DEVELOPER Total RISK 0 4 5 Launch Date: 1998 20 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1.4% + $0.06 per transaction 4 4 3

Since 1998, NETbilling, Inc. has provided merchant accounts, multi-currency transaction processing, and call center services to thousands of Internet merchants and companies of all sizes. NETbilling’s flexible solutions process credit cards, debit cards, electronic checks, and telephone orders, and work with any business model, including Internet, broadband, wireless, call centers and retail establishments of all types.

GEOGRAPHIES DEVELOPER Total RISK 0 5 3 Launch Date: 1998 21 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 1 6 New

Netpay International offers alternative payment solutions intended to improve conversion rates. Its solutions aim to allow businesses to provide secure, innovative payments solutions for eCommerce transactions.

GEOGRAPHIES DEVELOPER Total RISK 0 7 5 Launch Date: 1999 19 Customers: 2.9% + 20p per FRAUD PAYMENTS OMNICHANNEL transaction Pricing: N/A 3 4 0

Nochex provides a solution for online credit and debit card payment services to businesses based in Europe and the U.K.

GEOGRAPHIES DEVELOPER Total RISK 0 5 4 Launch Date: 2011 36 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 11 10 6

Noire is a U.K.-based payments service provider specializing in online payment solutions and risk management technologies. The company provides internet merchant accounts and bespoke payment gateway technology, along with risk management and fraud protection technology, for companies ranging from FTSE-listed companies to small startup businesses.

GEOGRAPHIES DEVELOPER Total RISK 0 5 3 Launch Date: 2010 33 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 11 12

ONPEX is a provider of cloud technology for cross-border card processing. The company is headquartered in Germany and operates entities in Europe, North America and Asia.

GEOGRAPHIES DEVELOPER Total RISK 8 9 7 Launch Date: 1998 39 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 8 0

PagBrasil offers payment processing service in Brazil, designed for international payment providers and eCommerce platforms. PagBrasil enables customers to gain access to local payment methods and potentially increase sales in the country.

GEOGRAPHIES DEVELOPER Total RISK 0 5 3 Launch Date: 2008 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.89% + $0.29 per transaction 3 7 12

PayLeap provides merchants with a suite of secure payment capabilities including payments, fraud management, end-to-end encryption, tokenization, secure cardholder data vault, recurring invoicing and mobile capabilities.

GEOGRAPHIES DEVELOPER Total RISK 0 7 8 Launch Date: 2000 30 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.475% + $0.55 to 1.925% + $0.55 per transaction 5 1 9

Paymate provides internet-based payment services to buyers and sellers. The company is available to buyers in 60 countries around the world and to sellers in Australia and New Zealand.

GEOGRAPHIES DEVELOPER Total RISK 0 7 0 Launch Date: 2010 17 Customers: 1,200 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 4 0 New

PAYMUNDO offers solutions aimed at helping businesses process credit card payments and other options from around the world. Its solutions include alternative payment methods, high-risk and low-risk processing and recurring payments.

GEOGRAPHIES DEVELOPER Total RISK 0 3 5 Launch Date: N/A 24 Customers: 3,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 8 8 0

PAYONE is a provider of payments services that ranks among Germany’s 50 fastest-growing technology companies. With its modular platform, PAYONE offers a fully automated software-as-a-service solution (SaaS) to companies for comprehensive processing of eCommerce payments. PAYONE’s range of services includes the ability to process payments from over 30 national and international payment methods with integrated risk management to minimize defaults in payment and fraud.

GEOGRAPHIES DEVELOPER Total RISK 0 17 3 Launch Date: 2005 35 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 7 6

Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its crossborder payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, crossborder payments.

GEOGRAPHIES DEVELOPER Total RISK 0 9 3 Launch Date: 1998 20 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: $168B 1 7 0

PayPal offers various online payment checkout solutions for businesses around the world. From standard checkouts to express solutions, PayPal operates as a PSP to many online merchants. Shoppers can pay directly from their bank accounts or via stored credit cards, like Mastercard and Visa.

GEOGRAPHIES DEVELOPER Total RISK 0 9 8 Launch Date: 2014 39 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 9 9

Payrexx develops an all-in-one cloud-based solution that offers online payments and one-page shops. Payrexx’s tools are aimed at enabling businesses, institutions and individuals to accept credit card payments.

GEOGRAPHIES DEVELOPER Total RISK 0 16 6 Launch Date: 2015 55 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 11 15

Paysafe is a provider of payment solutions to businesses and consumers in 200 countries and territories. Merchants can use Paysafe’s services and gateway platforms on their websites to accept credit and debit card, direct-from-bank, and alternative and local payments. Paysafe was created in November 2015 as a result of the Optimal Payments’ acquisition of Skrill Group earlier that year.

GEOGRAPHIES DEVELOPER Total RISK 4 8 7 Launch Date: N/A 42 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 1.99% per swipe + .20¢ 4 4 15

Payscout is a global payment processing provider connecting merchants and consumers via credit and debit cards, ATMs, and alternative payment networks. Its Go Global Now technology platform gives merchants instant access to more than 100 countries. Payscout offers payment processing solutions for both brick-and- mortar stores and eCommerce transactions.

GEOGRAPHIES DEVELOPER Total RISK 4 9 8 Launch Date: 2002 66 Customers: +160,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 14 19 12

PayU is an online payment service provider in 16 high growth markets in Asia, Central and Eastern Europe, Latin America, the Middle East and Africa. Its local expertise enables it to provide specific solutions for each market. PayU is the e-payments division of Naspers Ltd., a multinational media group.

GEOGRAPHIES DEVELOPER Total RISK 4 11 0 Launch Date: 2002 26 Customers: 300 business partners, FRAUD PAYMENTS OMNICHANNEL acquirers and PSP, + 500 merchants Pricing: N/A 1 4 6

Payvision is an independent payment solutions provider specializing in global card processing for the eCommerce market. Payvision offers acquiring banks, PSPs, ISOs and merchants a secure, PCI DSS compliant, PSD licensed, international payment processing platform enhanced with innovative technology. Payvision provides 150+ transaction currencies and regional card settlement currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 6 6 Launch Date: 2012 16 Customers: 9 million users FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 0 4 0

Payza is a leading online payments technology platform used by licensed entities around the world. Payza’s highly secure platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services.

GEOGRAPHIES DEVELOPER Total RISK 0 9 0 Launch Date: 2014 27 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 10 6

Payzoff provides a global payment platform that allows merchants to accept all major credit cards and over 150 global and regional payment methods through a single interface. Payzoff’s platform allows customers to do business in more than 200 countries and accept various forms of payments.

GEOGRAPHIES DEVELOPER Total RISK 15 16 8 Launch Date: 1920 54 Customers: 285 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 10 5 0

Pitney Bowes offers global ecommerce solutions that manage the cross-border shopping experience including, website localization and management, fully-landed costs and compliance, payment processing and international logistics. Pitney Bowes helps retailers, brands and online marketplaces sell to customers in more than 220 countries and territories and more than 74 currencies.

GEOGRAPHIES DEVELOPER Total RISK 0 10 3 Launch Date: 1999 29 Customers: 118,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 3 6

Planet Payment is a provider of payment processing solutions. The company delivers payment processing and multi-currency solutions to financial services institutions around the world. The services are currently deployed at 118,000 active merchant locations in 21 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe.

GEOGRAPHIES DEVELOPER Total RISK 0 6 0 Launch Date: 2006 16 Customers: Over 1M FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 6 0

PPRO offers a platform for integrated processing and collection of payment methods worldwide. The solution works indirectly with PSP partners and other financial institutions whose merchants can purchase PPRO’s services from them. PPRO has access to over 1 million eCommerce merchants that are linked to its PSP and marketplace partners. They can use all of PPRO’s services through their existing technical integrations. PPRO collects funds and sends the money to users in their desired currency.

GEOGRAPHIES DEVELOPER Total RISK 0 7 9 Launch Date: 2000 41 Customers: 13,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 11 9

Realex Payments is a European online payment gateway that provides a range of payment processing services for businesses accepting payments online. Realex’s services include currency management, card storage and fraud management solutions.

GEOGRAPHIES DEVELOPER Total RISK 0 5 0 Launch Date: 2007 19 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 7 7 0

The SafeCharge International Group Limited is a global provider of payments services, risk management and IT solutions for online businesses. The group has a diversified, blue chip client base and is a trusted payment partner for customers from various eCommerce verticals. SafeCharge has been Payment Card Industry Data Security Standard (“PCI-DSS”) Level 1 certified since 2007. The SafeCharge group has operations in the U.K., Cyprus, Bulgaria, Israel, Germany and Austria.

GEOGRAPHIES DEVELOPER Total RISK 0 8 0 Launch Date: 2006 12 Customers: 2,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 0 4 0

SafetyPay provides an e-payment solution that enables online banking customers to shop globally, but pay directly through their bank account in their local currency. SafetyPay works with financial institutions worldwide, reaching more than 2,000 merchants and 250 million consumers under one platform. Currently in countries throughout Europe, North and Latin America, SafetyPay is expanding around the world.

GEOGRAPHIES DEVELOPER Total RISK 0 0 3 Launch Date: 2001 11 Customers: 50,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 3 0

Sage Pay is Europe’s leading independent payment service provider (PSP). Every year, Sage Pay processes billions of British pounds worth of secure payments for its 50,000+ customers and makes the process of accepting payments online, over the phone or in-person simpler, faster, safer and more profitable for businesses.

GEOGRAPHIES DEVELOPER Total RISK 0 17 8 Launch Date: 2014 42 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.95% + 0.25 euro 4 7 6

SecurionPay is a cross-device, online and mobile-based payment gateway that offers developers and end-users card payment services. The company’s APIs can support payment scenarios securely and efficiently.

GEOGRAPHIES DEVELOPER Total RISK 0 5 4 Launch Date: 2013 29 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: 2.85% + $0.30 per transaction 3 11 6

Simplify Commerce by Mastercard offers integration services that enables eCommerce merchants to accept payments from all major brands. It also provides a solution for the acceptance of all global credit card brands including Mastercard, Visa, American Express, Discover, Diners Club and JCB.

GEOGRAPHIES DEVELOPER Total RISK 0 7 3 Launch Date: 2001 25 Customers: 100,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 6 9 0

Skrill (Moneybookers) is one of the world’s largest online payments and digital wallet providers with over 20 million accountholders. Skrill’s worldwide payment network offers businesses access to more than 100 payment options, with 41 currencies covering 200 countries through just a single integration. More than 100,000 merchants use Skrill globally, including eBay.

GEOGRAPHIES DEVELOPER Total RISK 0 12 7 Launch Date: 2002 34 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 11 0

Smart2Pay is a payment service provider specializing in Internet payments since 2002. It’s based in Amsterdam, with additional offices in Spain, Brazil, the U.S. and Romania. The company has partnered with many banks and financial institutions all over the world and it offers a one-stop shop for leading merchants selling goods or services globally via the Internet.

GEOGRAPHIES DEVELOPER Total RISK 0 5 8 Launch Date: 2005 16 Customers: 35,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 1 0

SOFORT, a Germany-based payments company, offers products and services for the secure purchase of physical and digital goods on the internet.

GEOGRAPHIES DEVELOPER Total RISK 0 7 3 Launch Date: 2009 29 Customers: 500,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 0 15

Square is committed to building tools that empower sellers to start, run, and grow their business. Square’s complete register service is a full point of sale that offers a suite of tools, from tracking sales and inventory to rich analytics and small business financing. Customers in the United States also use Square Cash, the easiest way to send and receive money, and Square Order, a new way to pre-order food and drinks for pickup.

GEOGRAPHIES DEVELOPER Total RISK 0 8 10 Launch Date: 2011 26 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 4 0

Stripe aims to expand Internet commerce by making it easy to process transactions and manage an online business. Stripe now processes billions of dollars a year for thousands of businesses, from newly launched startups to Fortune 500 companies. Since Stripe powers so many new businesses, it’s a snapshot of how the Internet is changing; many users are in categories that barely existed five years ago.

GEOGRAPHIES DEVELOPER Total RISK 4 12 4 Launch Date: 2011 32 Customers: 20 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 10 2 0

Transpay is a B2B/B2P cross-border payments platform. The company’s platform uses robust end-to-end technology to enable instant transfers across its global proprietary network. Funds are delivered in local currency either to a recipient’s bank account or a preferred cash pick-up location. Customers include Google and Upwork, the leading global freelancer platform. Transpay is backed by GCP Capital Partners, a $1.8 billion private equity fund led by top investors in the payments industry.

GEOGRAPHIES DEVELOPER Total RISK 0 6 3 Launch Date: 1983 33 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 5 7 12

TSYS provides online credit card processing for businesses. TSYS helps merchants integrate eCommerce solutions to accept payments. The company is headquartered in Columbus, Georgia, with offices across the U.S., Europe and Asia.

GEOGRAPHIES DEVELOPER Total RISK 0 5 0 Launch Date: 2004 12 Customers: 300 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 1 6 0

UOL BoaCompra specializes in cross-border payments and monetizing online games. The company offers over 150 local payment methods in major countries in Latin America and Southern Europe and has partnered with over 200 gaming companies.

GEOGRAPHIES DEVELOPER Total RISK 0 4 0 Launch Date: 1983 15 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 7 0

Valitor is a leading online and eCommerce payment solutions company. It operates internationally, offering services to partners, merchants, banks and cardholders around the world. Valitor has been specializing in international acquiring services since 2003, and was one of the first companies to receive a European cross- border license.

GEOGRAPHIES DEVELOPER Total RISK 4 7 6 Launch Date: 1970 53 Customers: 400,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $611B 12 9 15

Vantiv is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, enabling them to address their payment processing needs through a single provider.

GEOGRAPHIES DEVELOPER Total RISK 8 3 4 Launch Date: 2008 26 Customers: 20,000 FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 4 7 0

WePay powers payments on online platforms and marketplaces, such as Care.com, Constant Contact, FreshBooks, GoFundMe and Meetup. WePay protects its partners from risk and regulatory exposure, while supporting a seamless experience for their end users.

GEOGRAPHIES DEVELOPER Total RISK 0 6 5 Launch Date: 1970 33 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 3 7 12

Worldline, an Atos subsidiary, is a global player in the payments and transactional services industry. Worldline delivers new generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Worldline specializes in merchant services and terminals, mobility and e-Transactional services, and financial processing and software licensing.

GEOGRAPHIES DEVELOPER Total RISK 4 16 11 Launch Date: 1989 78 Customers: Over 400,000 FRAUD PAYMENTS OMNICHANNEL Pricing: $500B 15 17 15

Worldpay provides an extensive range of technology-led payment products and services to over 400,000 customers, allowing them to accept more than 300 different payment types around the world. The company processes payments from geographies covering 99 percent of global GDP, across 146 countries and 126 currencies. Through a single integration, Worldpay provides an end-to-end service including acquiring, treasury, gateway, alternative payments and risk management.

GEOGRAPHIES DEVELOPER Total RISK 4 5 3 Launch Date: 1999 21 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 2 1 6 New

YapStone is a provider of online and mobile payment solutions for global marketplaces and large vertical markets. It offers solutions for global online marketplaces, property management companies, vacation rental companies, faith-based organizations and non-profits.

GEOGRAPHIES DEVELOPER Total RISK 0 7 4 Launch Date: 2006 22 Customers: N/A FRAUD PAYMENTS OMNICHANNEL Pricing: N/A 1 4 6

YuuPay is a Singapore-based payment service provider that processes transactions for merchants in the Asia- Pacific region, Europe, Japan, and the U.S. The company is connected to more than 200 banks worldwide and offers a variety of payment solutions for various industries.

The X-Border Payments Optimization Landscape™ The X-Border Payments Optimization LandscapeTM is a graphic representation of how the leading payment service providers are scored in each of six categories important to optimizing a merchant’s cross-border payments operations. It is not designed to suggest one is more important than another. The Top 10 providers in each category are displayed in rank order from industry standard on the left to best-in-class on the right.

Feedback We hope you enjoy this month’s tracker and we welcome your feedback – please email us at xborder@pymnts. com. Or, if you would like your company to be considered for inclusion in the Scorecard or wish to have an existing listing reconsidered for an update, please visit our submission/update page.

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