300 retailers and 100 OTTO brands switch to Paygate as Computop completes acquisition of Otto Group’s EOS Payment business


Otto Group completes migration to Computop Paygate, as retailers switch from EOS Payment to Computop.

Bamberg, 4 January 2015 – Payment service provider (PSP) Computop today announced that it has successfully completed the migration of the one of the world’s largest e-commerce companies, Otto Group, to its payment platform Paygate from the previous Otto Group EOS payment platform. As a result, 300 retailers and 100 Otto Group retail brands are now processing payments with Computop Paygate.

The trading companies in the Otto Group that are now using Computop Paygate include brands such as Otto Versand, Baur, Schwab, SportScheck, Frankonia and the Witt Group. The companies in the Group that operate internationally include Heine, bonprix and the Unito Group.

The migration project began in December 2013 seeing the first merchants switch to Paygate in June 2014.

“By using Computop Paygate, the Otto Group companies are now able to provide a large number of payment methods and increase the customer’s user experience“, explained Marc Berg, Managing Director of Finnovato GmbH, an Otto Group company specialising in financial services.

Ralf Gladis, CEO and co-founder of Computop said: “The collaboration with the Otto Group, and the support they provided Computop with during the migration have been outstanding. Computop Paygate now provides a comprehensive tool set to new customers. We look forward to supporting their international growth plans and multichannel activities with worldwide payment methods and efficient fraud prevention.”  

Computop opens a new office in Hamburg
Computop is using its acquisition of the Otto Group’s EOS payment transaction business to expand its presence in northern Germany. In August 2014, the payment service provider opened a branch in Hamburg. Six former employees from EOS Payment now complement Computop’s sales and product management departments in this new office. In addition, Computop has recruited three further members of staff to help meet the needs of its growing business in northern Germany.  

 

About Otto Group
Founded in Germany in 1949, today the Otto Group is a globally operating retail and services group with around 54,257 employees (as at February 2014). The Group includes 123 major companies and is present in over 20 countries in Europe, North and South America and Asia. Its business activities are grouped into three segments: Multichannel Retail, Financial Services and Service. In the 2013/14 financial year (to 28 February) the Otto Group generated turnover of 12 billion euros. It is the world’s second-largest online retailer in the end-consumer (B2C) business and Europe’s largest online retailer in the end-consumer B2C fashion and lifestyle business.

Über Computop

Als Payment Service Provider (PSP) der ersten Stunde bietet Computop seinen Kunden weltweit lokale und innovative Omnichannel-Lösungen für Zahlungsverkehr und Betrugsprävention. Die eigenentwickelte Zahlungsplattform Computop Paygate ermöglicht nahtlos integrierte Bezahlprozesse im E-Commerce, am POS und auf mobilen Geräten. Händler und Dienstleister können für alle Länder der Welt frei wählen, welche der 350 lokalen und internationalen Zahlarten zum Einsatz kommen sollen. Technologien wie biometrische Authentifizierung und selbstlernende Algorithmen verbessern Sicherheit und Komfort für Händler wie für Endverbraucher.

Der Global Player Computop, mit Hauptsitz in Deutschland und Standorten in China, England und USA, betreut seit über 20 Jahren zahlreiche internationale Unternehmen aus den Branchen Dienstleistungen, Handel, Mobility, Gaming und Reise. Dazu gehören weltweit agierende Marken wie Amway, C&A, Fossil, die gesamte Otto Group, Sixt, Swarovski oder Wargaming. Darüber hinaus stellt Computop sein Zahlungssystem Banken und Finanzdienstleistern als White Label-Lösung zur Verfügung. insgesamt wickelt das zertifiziert klimaneutrale Unternehmen jährlich Transaktionen im Wert von 35 Milliarden US-Dollar in 127 Währungen ab. Mit seinen individuellen und sicheren Lösungen gestaltet Computop die Zukunft des internationalen Zahlungsverkehrs maßgeblich mit.

Pressekontakt

Henning Brandt
Head of Communication 

0951-98 009 8257
henning.brandt@computop.com
W computop.com