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Realex Payments launch new PrestaShop payment solution


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© Business Wire 2013
2013-11-07 10:01:01 -

Realex Payments has partnered with French developer Coccinet and PrestaShop, the leading Open-source e-commerce software, powering more than 150,000 stores, to launch a fully comprehensive solution for online payment processing.

The free module enables a simple and straightforward check out process, ensuring a fast and seamless user experience. Credit card details are stored securely on the Realex Payments’ system, in compliance with PCI rules.

In addition, the module includes a number of fraud management features.

Tokenised transactions can be channelled through 3DSecure authentication for extra fraud protection. Before dispatching, merchants can check the security results of the transaction, 3DSecure, address verification and fraud score.

“Realex Payments are excited to bring to market this new PrestaShop module that incorporates many of the unique features

our 12,500 merchants already benefit from. PrestaShop's world-class e-commerce platform and its impressive track record will help Realex Payments deliver its ambitious growth plan.” Greg Liset, Head of Business Market Sales.

“PrestaShop is really pleased to announce a partnership with Realex Payments, one of the major Payment Providers in Europe. Our English and Irish online stores will now directly include the Realex Payments’ interface, enabling our merchants to benefit from a large range of innovative payment solutions”, says Grégoire Véron, Head of Partnerships at PrestaShop.

The features of the free, simple to use module include.

- Payment processing in all major credit and debit cards on the merchant’s site or through a Hosted Payment Page.


- PCI compliant tokenisation (save card, pay with saved card) with added 3DSecure authentication.


- Dynamic Currency Conversion offering foreign currency exchange rates to customers at point of sale.


- Comprehensive fraud tools including 3D Secure, AVS checks and Realex Payments' fraud scoring and pattern analysis tool.


- Detailed transaction logs available on the PrestaShop orders page and through the Realex Payments reporting application.


- Customisable sub-account rules.

Realex Payments is already trusted by PrestaShop merchants who process thousands of orders per week.



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About Realex Payments

Realex Payments processes payments for over 12,500 online retailers, including some of the world’s leading brands – Vodafone, Aer Lingus, Virgin Atlantic, Paddy Power, Chain Reaction Cycles, 32Red, and notonthehighstreet.com. Realex Payments employs 170 people, has clients in 30 countries and offices in London, Dublin and Paris. In addition to having thousands of small, medium and large corporate clients, the business has also developed strategic partnerships with some leading international payment companies such as Elavon and Global Payments (formerly HSBC Merchants Services) for whom it provides a managed service for online payments.

www.realexpayments.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..



About PrestaShop

PrestaShop is a free and Open-source e-commerce software powering over 150,000 active online stores worldwide. Recognized as the world’s most powerful, flexible and internationalized e-commerce solution, PrestaShop provides online merchants with hundreds of innovative tools to build and manage a successful online store at no cost. Used in over 150 countries and partnered with the most renowned names in the industry, PrestaShop continues to revolutionize online retail with technology that increases sales and maximizes visibility. Working hand-in-hand with its growing community of over 500,000 dedicated members, PrestaShop’s entrepreneurial team is made up of e-commerce enthusiasts that are committed to the success and profitability of their online merchants.
PrestaShop is the proud two time winner of Packt Publishing’s Best Open-Source Business Application, winner of Europe’s Bsoco Award in the 2013 CMS category and rated #1 Open-source Shopping Cart by EcommerceBytes Sellers Choice Awards 2013. For more information about PrestaShop visit www.PrestaShop.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. , follow @PrestaShop on Twitter and like Facebook.com/PrestaShop.

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Realex PaymentsAnna BenjaminHead of UK MarketingTel:

+44 (0)203-5867670


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