Paymill and PAY.ON start cooperation and open up new customer segments

Paymill

PAY.ON AG, an international provider of web-based payment infrastructure services, and the payment service provider Paymill have agreed on a strategic partnership: in its scope, Paymill will be leveraging PAY.ON technology to optimise its existing payment processes and increasing the choice of payment types selection for customers of listed merchants. In turn PAY.ON will benefit from access to new merchant segments that Paymill is acquiring due to its simple technological solution. Both companies will be looking to develop new customer segments. 

Paymill gives online stores and service providers on the internet the ability to integrate card payments on their websites. Integration of the service is substantially facilitated for merchants by simple copying and pasting of a few lines of code into the source code of their websites. The service includes providing of payment methods and secure payment processing in the background. Paymill is the first provider to have brought this user-friendly technical solution to Europe and is now extending its lead with PAY.ON technology. Besides newly-developed workflows for simpler, direct integration of merchants, PAY.ON makes additional payment methods, such as direct debit and 3D Secure available to Paymill merchants. 

Markus Rinderer, CEO PAY.ON AG: “Simple integration of familiar payment methods is the key to success for more turnover for online stores and an increasing number of SaaS providers. Consistent implementation of this fundamental principle currently makes Paymill a very popular payment service provider in the European area. We are really excited that collaboration with Paymill has given us this opportunity to establish a foothold with a new technology and a new payment service offering for merchants. For PAY.ON, this also means logging into an interesting, self-determined merchant community.” 

Mark Fabian Henkel, CEO Paymill: “Paymill offers its customers an innovative service that not only reduces the time required to integrate all common payment methods to a minimum, but also allows online stores full freedom in the design of the checkout process – without being forced to do without necessary PCI-DSS security aspects. In PAY.ON we have a strong partner at our side, whose experience will help to reliably drive our rapid growth and international expansion.”

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