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Bamberg and Hong Kong – December 15, 2016 – Computop, a leading payment service provider, and AsiaPay, one of Asia-Pacific’s most distinguished payment service providers, today announced their new strategic partnership.

The relationship enables retailers to securely process payments in Asia-Pacific through Computop’s Paygate payment gateway using the payment methods that consumers in the region prefer and trust, helping to positively impact sales and the overall customer experience.A recent e-Marketer report noted that Asia-Pacific will remain the world’s largest retail e-commerce market, with sales expected to top $1 trillion in 2016 and more than double to $2.725 trillion by 2020.

Findings also noted that the region will see the fastest rise in retail e-commerce sales, increasing 31.5% this year.
In addition, according to a study by Kantar TNS, Asia-Pacific is leading the world in mobile payment with over half (53%) of connected consumers using their mobile phones to pay for goods or services at the point-of-sale via apps.

As such, the Computop and AsiaPay partnership enables retailers to capitalize on the growth opportunity that Asia-Pacific presents. “Expanding business into foreign markets may seem daunting, but working with companies that have a strong foothold in those regions and that understand the payment behaviors and preferences of consumers in those countries is key to retailer success,” said Ralf Gladis, CEO of Computop. “Through our partnership with AsiaPay, Computop is able to provide merchant customers with the opportunity to take advantage of Asia-Pacific consumers’ appetite for e-commerce. With Computop Paygate integrated with AsiaPay, retailers benefit from the secure payment options that southeast Asian consumers expect and trust.” “We are very honoured to be a strategic partner of Computop,” said Joseph Chan, CEO of AsiaPay. “Our company has more than 16 years of experience in credit card processing and international business service, giving us a solid position as a premier e-Payment player in the region.

Furthermore, we have a keen understanding of merchants’ payment requirements in the fast-paced e-commerce business environment. We believe that a strategic cooperation with Computop can help merchants improve their processing efficiency, thereby contributing to their business growth as well as support their global endeavor,” he added. Founded in 2000, AsiaPay offers secure and cost-effective electronic payment processing solutions and services to banks and e-businesses globally.

The company offers a variety of card payments, online bank transfers, e- wallets and cash payments across over 16 countries, including Hong Kong, China, India, Indonesia, Malaysia, Singapore, Philippines, Taiwan, Thailand and Vietnam.
It is a certified international 3-D secure vendor for VISA, MasterCard, American Express and JCB. Computop Paygate is a PCI-certified omnichannel payment platform that provides retailers with secure payment solutions and efficient fraud prevention for international markets.

Computop integrated AsiaPay into Paygate to offer merchants a wide range of payment methods in the Asia-Pacific region to support their cross-border and global commerce efforts. Payment methods available on Paygate include Alipay, American Express, JCB, Tenpay and WeChat, along with many other widely-accepted payment options that consumers in these countries use. About ComputopComputop is a leading global payment service provider (PSP) that provides compliant and secure solutions in the fields of e-commerce, POS, m-commerce and Mail Order and Telephone Order (MOTO).

The company, founded in 1997, is headquartered in Bamberg, Germany, with additional independent offices in China, the UK and the U.S.

Computop processes transactions totalling $24 billion per year for its client network of over 14,000 mid-size and large international merchants and global marketplace partners in industries such as retail, travel and gaming.

Global customers include C&A, Fossil, Metro Cash & Carry, Rakuten, Samsung and Swarovski.

Following the recent asset deal with the Otto Group, Computop is now processing payments for merchants that previously used EOS Payment, including all 100 Otto retail brands.
In cooperation with its network of financial and technology partners, which it has expanded over many years, Computop offers a comprehensive multichannel solution that is geared to the needs of today's market and provides merchants with seamlessly integrated payment processes. For further information, please visit www.computop.com. About AsiaPayFounded in 2000, AsiaPay, a premier electronic payment solution and technology vendor and payment service provider, strives to bring advanced, secure, integrated and cost-effective electronic payment processing solutions and services to banks, corporate and e-Businesses in the worldwide market, covering international credit card, China UnionPay (CUP) card, debit card and other prepaid card payments. AsiaPay is an accredited payment processor and payment gateway solution vendor for banks, certified IPSP for merchants, certified international 3-D Secure vendor for Visa, MasterCard, American Express and JCB.

AsiaPay offers its variety of award-winning payment solutions that are multi-currency, multi-lingual, multi-card and multi-channel, together with its advanced fraud detection and management solutions. Headquartered in Hong Kong, AsiaPay offers its professional e-Payment solution consultancy and quality local service support across its other 12 offices in Asia including: Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, Indonesia and India.

For more information, please visit www.asiapay.com and www.paydollar.com. ### For further information, please contact:Jessica MularczykAscendant Communications, for Computop in the U.S.Tel: 508-498-9300E-mail: jmularczyk@ascendcomms.net Charlotte HansonAscendant Communications, for Computop in the UKTel: +44 (0) 208 334 8041E-mail: chanson@ascendcomms.net Valerie SanchezSenior Channel ManagerAsiaPayTel: (632) 887-2288E-mail: valerie.sanchez@asiapay.com Alvin ChanAssociate Director, Sales & MarketingAsiaPayTel: +852-2538 8278E-mail: alvin.chan@asiapay.com

Security of Personal Data Online Remains High Concern for U.S. and UK Respondents as Newer Security Technologies are not Trusted

New York - November 9, 2016 - Computop, a leading payment service provider (PSP), today released the findings from a recent study of consumers and their expected shopping behaviors this holiday season as well as their online security concerns.
In a survey of over 1,900 consumers crossing the U.S. and UK, Computop found an overwhelming majority, 76 percent, planned to shop online this holiday season; however, 62 percent of those respondents overall don’t plan to shop on Cyber Monday, noting it doesn’t offer the deals it used to previously.

For the overall holiday shopping season this year, 55 percent of respondents said that they plan to spend the same amount online as last year, with 19 percent planning to spend more. With regards to Cyber Monday, it was an even split in the U.S., with 50 percent noting they plan to shop online then, and 50 percent saying they won’t.

The difference was much greater in the UK, with 77 percent of respondents saying they won’t shop online on Cyber Monday.

When asked about purchasing products online from retailers outside of their own country this holiday season, 50 percent of respondents said they were not interested in doing this as they have enough options domestically.

An additional 22 percent noted that they were concerned about the security of their payment data beyond their borders.

The statistics above may point to a broader uncertainty about the safety and security of consumers’ payment information online.

Following are additional findings from Computop’s study that also looked at consumers’ payment preferences and their thoughts on the security of their data when shopping online:

Security Concerns

  • When asked whether they are concerned about security when disclosing their credit card and bank information online, 74 percent of respondents overall agreed, with 45 percent of those strongly agreeing.
  • When shopping online, 71 percent of consumers confirmed that they check if the site has certificates like eTrust and SSL Certificate from Verisign, with 42 percent strongly agreeing that they do this.
  • In addition, 61 percent of shoppers confirmed that they have checked the liability policy of their preferred payment method provider or bank in the case of fraud.
  • When it comes to shopping at retailers that have recently experienced a data breach, more than half of respondents, 57 percent in total, agree that they would not shop with them, with almost a third, 31 percent, stating that they strongly agree that they would avoid that retailer.
  • While consumers have these security concerns, they aren’t necessarily interested in changing their behaviors to protect themselves.

    For example, when shopping online, consumers can opt to use retailers that offer in-store payments so they don’t have to disclose their financial information.

    Despite this, 41 percent of respondents indicated that they prefer not to.

    Also, when respondents were asked if they prefer to browse online and purchase in-store, again avoiding the need to submit financial details, 38 percent did not agree with doing this.
  • In addition, 51 percent of respondents confirmed that they did not have an insurance epolicy protecting them from liability in the case of credit card and/or banking fraud.

Payment Preferences

  • Trusted payment methods differed slightly between U.S. and UK respondents with regards to shopping online.
    In the U.S., 59 percent trust their credit card most, with 35 percent opting for PayPal and 27 percent choosing their debit card.
  • UK consumers trust PayPal more, with 50 percent selecting this option, followed by credit card (38 percent) and debit card (33 percent).

Security Authentication

  • When asked which security authentication features respondents would consider setting up for online purchases in the next 12 months, 35 percent said they would set up fingerprint IDs, 12 percent selected retina scans, 7 percent chose voice recognition and 2 percent noted pay-by-selfie -- but 41 percent of total respondents said they wouldn’t choose any of the above.
  • 26 percent of respondents are concerned that their biometric data could be spoofed, and 11 percent do not trust biometric data for payment authentication.
  • 30 percent prefer their banking PIN and TAN to authenticate their payments.
  • Only 19 percent of consumers surveyed felt that the benefits far outweigh the security risks when it comes to sharing their biometric data for payment authentication.

“It’s not surprising to see the online shopping trend expected to continue this holiday season,” said Ralf Gladis, CEO of Computop. “What was particularly interesting is that despite the sustained interest in purchasing online, consumers continue to have significant concerns about the security of their personal information. However, they are not necessarily interested in taking extra steps to protect themselves - and in the case of the newer authentication technologies we agree.

Before moving forward with features like these, it’s critical as an industry that we are able to ensure this data is stored securely before we potentially open up a possible new area for identify theft.”

For a copy of Computop’s report detailing the findings of this survey further, visit https://www.computop.com/uk/holiday-shopping-2016/

Note to Editors
Computop’s research was conducted online in October 2016 and included 1,036 U.S. respondents and 898 UK participants.

About Computop
Computop is a leading global payment service provider (PSP) that provides compliant and secure solutions in the fields of e-commerce, POS, m-commerce and Mail Order and Telephone Order (MOTO).

The company, founded in 1997, is headquartered in Bamberg, Germany, with additional independent offices in China, the UK and the U.S.

Computop processes transactions totalling $24 billion per year for its client network of over 14,000 mid-size and large international merchants and global marketplace partners in industries such as retail, travel and gaming.

Global customers include C&A, Fossil, Metro Cash & Carry, Rakuten, Samsung and Swarovski.

Following the recent asset deal with the Otto Group, Computop is now processing payments for merchants that previously used EOS Payment, including all 100 Otto retail brands.
In cooperation with its network of financial and technology partners, which it has expanded over many years, Computop offers a comprehensive multichannel solution that is geared to the needs of today's market and provides merchants with seamlessly integrated payment processes.

For further information, please visit www.computop.com.

###

For further information please contact:
Jessica Mularczyk
Ascendant Communications, for Computop in the U.S.
Tel: 508-498-9300
E-mail: jmularczyk@ascendcomms.net

Charlotte Hanson
Ascendant Communications, for Computop in the UK
Tel: +44 (0) 208 334 8041
E-mail: chanson@ascendcomms.net