Press Release

Munich, Bavaria ( connect2business.co.uk ) June 25, 2014 - IxoPay LLC (IxoPay.com), a global compliance, support, and payment service provider, and PAY.ON, the world's leading operator of Web-based, omnichannel payment infrastructure systems, are combining their expertise to provide global merchants with a quick and easy interface to a payment solution that has all the advantages of the latest payment technology and over 150 payment methods globally, via one API. The new interface will be available in the US and Europe - IxoPay's branch in Austria allows for putting a strong focus on Eastern Europe.

PAY.ON and IxoPay complement one another in their strategic focus, but also their diverse expert knowledge. IxoPay combines strong compliance, processing, and consulting skills. IxoPay comes from a strong technical background, and is a specialist in credit card payment acceptance and alternative local payment methods on a global scale. In addition, IxoPay offers transactional services and fully automated reporting and monitoring for a wide range of merchants in various market segments. PAY.ON offers comprehensive payment technology expertise, from an omnichannel and PCI-compliant payment platform to the new Dynamic Checkout Solution, including the interface COPYandPAY, the integration of country-specific payment methods and highly efficient risk tools.

Michael Doron, Managing Director of PAY.ON America Inc.: "We are very pleased to be working with IxoPay. With our combined services, we greatly simplify the cross-border online expansion for merchants worldwide. Online merchants also enjoy PAY.ON's cutting-edge payment technology, which translates the latest developments and complex requirements into simple, intuitive solutions. With IxoPay, we gained a very strong partner that not only has tremendous payment expertise as a PSP, but also in developing online merchants globally."

Greg Berard, President of IxoPay, adds: "Utilizing the PAY.ON platform allows IxoPay to very quickly add many different solutions for credit card acceptance as well as localized payment methods (Alternative Payment Solutions) with one easy interface and one reporting tool. PAY.ON gives us the flexibility to consult even better for our specific client needs, as well as to add new services quickly and easily, while providing our clients with best-in-class technology, compliance services, and fraud management."

About PAY.ON AG:

PAY.ON AG is one of the world's leading operators of payment infrastructure systems, whose cloud services meet all of the needs and requirements of modern and globally connected payment processing. As a white-label provider, PAY.ON guarantees its clients (PSPs, ISOs, acquirers, and financial institutions) complete independence. The full range of the omnichannel PAY.ON platform allows users to activate an ad-hoc proprietary system with all relevant payment and risk management processes, including global connectivity and the latest fraud and charge prevention - which can be supplemented at any time to include external tools and market-tested PAY.ON services, such as quick merchant onboarding and mobile payment. Thus, business cases, no matter how complex they may be, can be implemented, expanded, or completely outsourced in a manner that saves time, money, and resources. The modular PAY.ON gateway enables the prompt connectivity expansion of existing systems via a single proprietary API with direct access to more than 350 system-relevant payment providers around the world, including over 150 payment methods. Thus, with its gateway, PAY.ON accelerates global provider availability like no other network. All PAY.ON systems ensure seamless compliance with internationally required PCI and security standards and are always operated with high system availability via proprietary data centers. For further information, please go to: www.payon.com.

IxoPay

Greg Berard, President

T.: +1-855-IXOLIT-COM

E.: info@ixopay.com

www.ixopay.com

PAY.ON AG

Annett van de Bunt

T.: +49-89-4523-0552

E.: press@payon.com

www.payon.com

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PAY.ON AG is one of the world’s leading operators of payment infrastructure systems, whose cloud services meet all of the needs and requirements of modern and globally connected payment processing. As a white-label provider, PAY.ON guarantees its clients (PSPs, ISOs, acquirers, and financial institutions) complete independence.

Organisation Profile:
PAY.ON AG is the world’s leading operator of multichannel payment infrastructure systems and supplier of the white-label platform PaySourcing and the routing gateway PayPipe. All PAY.ON systems guarantee compliance with the security and requirements standards that apply to the international payment market. Further information can be found at www.payon.com