SYS-CON MEDIA Authors: Srinivasan Sundara Rajan, Pat Romanski, Elizabeth White, Yeshim Deniz, Andreas Grabner

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Payelp Introduces Innovative New Payment and Business Platform called "ePrime Global™"

ePrime Global Platform Will Improve Worldwide Payment Coverage and Service to Merchants and Payment Partners

LOS ANGELES, March 7, 2014 /PRNewswire-iReach/ -- When an Internet retailer or other online business wants to enter into a new region, there are many processes that are involved and knowledge of that region is crucial to the success of the business. If the company doesn't have experience in that region, doesn't have local contacts and a local office or bank account, then this becomes a difficult, and usually impossible task- unless they partner with a payment service provider like Payelp.

(Photo: http://photos.prnewswire.com/prnh/20140307/MN78679)

Payelp Global is introducing a new revolutionary new payment and business platform called ePrime Global,™ which will dramatically help the speed and security of payment transactions within the Payelp system. The platform has been in beta, but the company is transitioning into the new platform now for all future transactions.

Payelp is more than just a payment service provider (currently offering over 300 global payment gateways worldwide to merchants), as the company helps online retailers and businesses earn revenue in other regions around the world through global partners and local regional offices.

Due to Payelp's extensive knowledge of regional markets (such as Russia, Eastern and Western Europe, Latin America, China and more), Payelp offers online retailers and business owners the ability to take their products and services globally without having a local office or knowledge of that market (regional shopping and payment trends). The ePrime Global™ Platform was created to help online business owners (and those not currently online) to get their share of the global Internet marketplace.

"We have been working diligently on this new ePrime Global platform for our merchants and we are excited for the possibilities and opportunities it holds for current and future merchants and payment partners- our system will now be even better, with more seamless transactions and a well-designed payment dashboard and tools for merchants to use to view their transactions and data," stated Payelp CEO Albert Donahue.

About Payelp Global:

Payelp helps online retailers and businesses grow e-commerce revenue worldwide, offering merchants over 300 payment gateways worldwide with just one contract with Payelp. Online retailers can accept credit cards, PayPal, direct debit, Virtual Visa (Qiwi Virtual Visa™), payments from kiosks, cash transfer, prepaid and gift cards, mobile payments and more- with one low fee per transaction. Payelp doesn't charge merchants start-up fees, monthly or minimum transaction fees- just one low transaction fee, with PCI-DSS card security compliance, fraud and chargeback protection, 24/7 multilingual merchant and customer support, payment data analytics, as well as a suite of auxiliary services such as business licensing, tax and currency management, logistics, web site localization and marketing, and more. Contact Payelp Global today for more information or to apply for a merchant account at [email protected] or visit us online at www.payelp.com.

Media Contact: Heather Sabitov, H2 Marketing, 818-793-8197, [email protected]

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SOURCE Payelp

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