Thursday, April 24, 2008

Financial/High-Tech: GlobalCollect expands its global presence by opening an Asia-Pacific

GlobalCollect expands its global presence by opening an Asia-Pacific office in Singapore
Next to its European headquarters in the Netherlands and its US office in San Francisco, the world's premier
Full-service international payment service provider of local E-payment solutions now has a presence in the Asia-Pacific region

Amsterdam, The Netherlands (BUSINESS WIRE) - In response to continued growth opportunities and increasing demand for e-payment solutions across the Asia-Pacific region, GlobalCollect recently opened its office in Singapore. It will serve as the regional headquarters for GlobalCollect's further expansion across this thriving region where e-commerce is growing steadily.

Jan Manten, CEO of GlobalCollect said: "In a strategic decision to better seize opportunities emerging across the Asia-Pacific region and to be able to move quickly in an extremely dynamic and promising e-commerce environment, we decided to establish a local presence. With online payment acceptance and customer preferences varying greatly from country to country in this region, GlobalCollect is ideally suited to offer full service solutions for processing local e-payments to merchants here. Plus, we can leverage our solid experience in setting up online payment processing platforms across Europe and more recently in the US."

The Singapore office will also serve as a local presence to support GlobalCollect's growing portfolio of existing clients across the Asia-Pacific region which already includes Air China, PC Tools, StrawberryNET and Nespresso Asia.

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Non-Present (CNP) businesses such as internet, mail and telephone order and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online games and digital content. While most providers are limiting their payment services to a technical link with payment acquirers, GlobalCollect is a full-service partner providing a comprehensive service?portfolio from contractual and technical connections to local payment processors worldwide, bank account network management, matching, reporting and finally fund remittance. Through one single web-enabled technical and administrative interface, our online payment platform offers the largest range of local e-payment methods and currencies in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, e-Wallets, cash at outlets, prepaid methods, checks and invoices.?www.globalcollect.com.

GlobalCollect Bettina Duske, Manager PR & Marketing CommunicationsTel:
+ 31 (0) 23 567 1509 bettina.duske@globalcollect.com

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