Realex Payments have announced a new partnership with m-commerce platform provider The MoBank Group that will see the the Realex Payment Gateway available to merchants who enter the mobile commerce space using the MoPowered platform.
This partnership will see Realex Payments’ gateway available in a whole new way to their clients, and opens up new avenues of business for them in what is a rapidly growing area. Mobile commerce is fast becoming an essential element in a multi-channel retail strategy that has the ability to uplift overall sales by more than 5%. Merchants are increasingly seeing up to 15% of web traffic coming from mobile devices and 36% of the UK now has a smartphone. In common with Realex Payments, all The MoBank Group platforms are PCI-DSS Compliant and 100% compatible with 3D Secure.
Speaking about the new partnership, Jon Sheard of Realex Payments said: “We are excited about this latest partnership which demonstrates our ability to adapt to the ever changing ecommerce environment. Our partnership with The MoBank Group will open up new revenue channels to clients of Realex, and likewise it offers users of The MoBank Group’s platform access to the most secure and reliable payment gateway around”.
Dominic Keen, CEO of The Mobank Group commented: “We are always looking to forge partnerships that we feel will benefit our customers and add value to our product. In linking up with Realex Payments in this way we are confident that we have done just that and look forward to growing the relationship going forward”.
The MoPowered platform from The Mobank Group allows brands to have a fully developed mobile strategy with an application on all the major operating systems and a mobile-optimised website. It processed over £20m of transactions in the last 12 months and is forecast to process £50m in 2011. Realex currently have over 4,000 clients and look forward to working with clients in the mobile space following this announcement.
| About Realex Payments: |
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Realex Payments is a leading European payment service provider. With offices in London, Paris and Dublin, with Amsterdam to follow later this year, the company enjoys an exceptional track record of growth. Founded in 2000 by award winning entrepreneur Colm Lyon, and employing 90 people, the company provides a broad range of payment services to small and large businesses as well as financial institutions. Realex Payments process billions of pounds per annum for 4,500 merchants domestically and internationally, across a wide range of industries including airlines, mobile carriers, utilities, insurance companies and gaming companies. Clients include Virgin Atlantic, Vodafone, The AA, AXA Insurance, Aer Lingus, Cryptologic and Party Poker. For more information, contact Tracy Glynn, Head of Marketing, Realex Payments. Tel: +44 (0)20 3178 5370 www.twitter.com/realex_tracy |
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About The Mobank Group |
| The MoBank Group powers the mobile commerce activities of top UK and European retailers.
The MoPowered Platform brings cutting edge technology together to allow brands to enter the mobile commerce space with minimal impact on internal resources and is aligned with a company’s existing e-commerce infrastructure. The solution represents the gold standard in mobile commerce security. All of their platforms are PCI-DSS Compliant and 100% compatible with 3D Secure. You can read more about the MoPowered platform at www.mopowered.co.uk For more information, contact Tristan Summerscale, Communications Manager, tristan.summerscale@mobankgroup.com, www.twitter.com/mobilepowered
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