Computop receives approval as girocard network operator

London/Bamberg, 04 September 2019 - Computop, the global payment processor, today announced that, only nine months after the start of development, the payment service provider has now been certified as a girocard network operator by the Deutsche Kreditwirtschaft (DK). girocard is the most widespread card payment in Germany. With immediate effect, merchants and commercial network operators can also use the Omnichannel platform Computop Paygate for girocard payments at the POS.

"With its modern online payment platform, Computop offers a flexible alternative to the girocard network operators from the early days of card payments," explains Computop CEO Stephan Kück. The girocard network operation developed internally by Computop combines the established POS payment method with over 350 payment methods from all over the world.
The target group for the new offer are commercial network operators who are looking for modern technical network operation for their terminal fleet, as well as retail companies who want to equip themselves with state-of-the-art card terminals. The latter is represented by the terminal family from CCV, which Computop equips with highly secure PCI P2PE encryption (point-to-point encryption). Alternatively, partners can connect to Computop Paygate with their own terminal solution and use the girocard functionality as well as all other added values of Computop Paygate. All payment transactions can be evaluated in real time. In addition, Computop Accounting enables the daily girocard transactions to be merged into one booking item.
"The use of girocard via Computop is a major step in the direction of Omnichannel for merchants who are on the move internationally or through several sales channels," adds Stephan Kück. Computop Paygate has been approved according to the current TA 7.1 standard and is already prepared for the upcoming TA 7.2 version.

About Computop

As one of the very first payment service providers, Computop offers its customers around the world local and innovative omnichannel solutions for payment processing and fraud prevention. The internally developed Computop Paygate payment platform enables seamless integrated payment processes for e-commerce and POS. Retailers, service providers and industrial enterprises have the flexibility and freedom to choose from over 350 payment methods enabling them to specifically tailor their payment options per country. Technologies such as biometric authentication and self-learning algorithms improve security and convenience for retailers and consumers alike.

Computop, a global player with its head office in Germany and locations in England and the USA, has been servicing large international companies in the service, retail, mobility, gaming and travel industries for more than 25 years. These companies include global brands such as C&A, Fossil, the entire Otto Group, Sixt, Swarovski and Wargaming. Computop, being ISO 27001 certified since 2021, also provides its payment system to banks and financial service providers as a white-label solution. In total, the certified carbon-neutral company processes commercial payment transactions with a combined value of USD 33 billion annually in 127 currencies. With its individual and secure solutions, Computop makes a major contribution to the future of international payment processing.


Press contact

Julie Kirby
Ascendant Communications
for Computop

T   +44 (0) 7956 955625