Global payments company Computop has partnered with EOS Payment Solutions to expand its business.
EOS, owned by Germany-based Otto Group, will use Computop’s Paygate platform to process its online payments and those of its retail brands. Paygate will also enable it to use an additional 50 payment methods including RatePay and Yapital.
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By GlobalDataKarsten Cornelissen, CEO of EOS Payment Solutions, said: "Instead of any further investment in our current online payment systems, we will now offer all our customers the Computop Paygate solution as our main payment platform.
"Computop Paygate supports additional payment methods that our customers are demanding, as well as providing other relevant functionality and features that our customers need to improve their businesses."
EOS will continue to run its existing payment platforms until 2015, giving customers enough time to transfer to Paygate.
Ralf Gladis, CEO and founder of Computop, said: "We are excited about working with Otto Group and EOS Payment."
Computop is a payment provider offering e-commerce, PoS, m-commerce, mail order and telephone order. It processes more than $7bn annually on a global basis.
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