no borders in e-payment corporate profile september 2014

Transcription

1 no borders in e-payment PPRO Financial ltd corporate profile september 2014

2 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 02 electronic payment market at a glance E-commerce is booming and according to recent studies1 is going to remain on its upward path with projected growth rates in the region of 20 percent. Much of this growth will be powered by emerging markets. In 2014, the Asia-Pacific region, for instance, is set to claim the number one spot for e-commerce. According to an emarketer study2, consumers there will spend USD billion online in 2014, compared with just USD billion in the US. North America remains, however, one of the biggest e-commerce drivers worldwide. When it comes to paying for goods and services purchased online, the preferred method varies significantly from one country to another. Although credit cards are still the most widely used and internationally recognised form of payment worldwide, alternative options are accounting for a growing share of e-commerce sales4. When asked to list their top three payment choices, almost 80 percent of digital buyers in Germany, for instance, prefer to pay on account (invoice), whereas a mere 35.3 percent reach for their credit card. In the Netherlands, on the other hand, 59.5 percent of shoppers prefer the local bank transfer system ideal5. The Boleto Bancário pay-in system enjoys widespread popularity in Brazil, already accounting for 20 percent of digital purchases. And in Switzerland, the PostFinance system has captured almost 40 percent of the e-commerce payment market. ABOUT PPRO E-commerce operators often work with payment service providers (PSPs) or software platform partners typical PPRO customers in both instances in order to connect their virtual stores with payment schemes. This allows online shops to reduce the integration and processing effort involved in supporting various payment schemes, also giving them access to complementary services. $ billion Positioned as The Payment Professionals, PPRO acts as a B2B hub, connecting the fast-growing community of payment service providers with the even faster-growing number of national and international payment formats. An EUcertified financial institute with an e-money license issued by the British regulatory body FCA, PPRO is also a PCI-certified principal member of MasterCard and Visa. The company is a one-stop shop for a comprehensive suite of B2B financial services, covering the full value chain from acquiring through issuing to processing under a single contract. PSPs are free to deliver the full PPRO service spectrum to their own customers under attractive white label or PPRO-branded revenue share models. The same study puts the 2013 US online spend at around USD 431 billion with an estimated growth rate of 12.9 percent. E-commerce sales rose in Western Europe too, up around 14 percent in 2013 to reach approximately USD billion. 3 $ 291,5 billion 1 emarketer, January 2014 l 2 emarketer, January 2014 l 3 emarketer, January 2014 l 4 WorldPay study, 2012 l 5 ECC study, 2013 l

3 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 03 Under its own brand name VIABUY, PPRO offers B2C Visa and MasterCard prepaid cards and e-money accounts. These cards can be issued both physically and as virtual cards (e.g. vouchers) or NFC devices (e.g. stickers, keyrings). In addition, PPRO distributes software, online vouchers and virtual prepaid cards for secure online payments. The PPRO Group has been operating since 2006, extending its initial focus well beyond central Europe in that time. The company is largely owned by its founders and currently has 50 employees 6 with a wealth of experience in the international payment space. With its multilingual team of consultants, sales reps, marketing and backoffice specialists, lawyers plus compliance and risk managers, PPRO is ideally positioned to support national and international customer needs while ensuring compliance with all legislative and regulatory controls across all payment formats and countries. Values and mission statement The PPRO Group delivers end-to-end financial solutions enabling international electronic payment processes. The company s mission is to become a global market leader in the e-payment space. It plans to achieve this by extending the reach and conversion rates and thus the profitability of online traders, i.e. customers of PSPs and software platform partners. PPRO has built a strong and ever-growing relationship of trust with its PSPs and software platform partners, who rely on the company s long-standing financial expertise and the robust technical and industry know-how of its employees. The company is committed to the highest standards of transparency and security for every single financial transaction a fact that is confirmed by annual recertification to PCI DSS Level 1, which is the most stringent security standard for credit card data processing. 6 January 2014

4 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 04 WHAT DOES PPRO OFFER? Acquiring Issuing Processing Acquiring SERVICES processing SERVICES As a regulated payment and e-money institute, PPRO offers a comprehensive suite of acquiring services extending from acceptance, KYC and on-boarding through full cash flow management to fraud and risk monitoring. The company manages credits and debits, merchant- or customer-requested reversals, payouts, foreign exchange, assessment and take-over of bad debt risks, and payments aggregation. One single contract ensures acceptance of all connected payment methods from a single source. PPRO has developed a fully integrated interactive platform supporting a multitude of national and international payment schemes across more than 100 countries, giving PSPs a single, fast, easy-to-use and customisable interface to all payment instruments in PPRO s portfolio. Supported by PPRO s own development team, this platform is highly available and features extensive reporting and reconciliation capabilities for extremely granular billing. PPRO s function-rich, accesscontrolled portal gives customers real-time insights, including reports and statistics, into all transactions and accounts. ISSUING SERVICES As a PCI-certified principal member of MasterCard and Visa, PPRO distributes white label or co-branded prepaid cards to the corporate sector. With its e-money license, PPRO offers e-money accounts to be used directly or indirectly through the prepaid cards attached to the account for credits/debits, transfers and payouts. In addition, PPRO uses its own bank code to set up online accounts with IBAN and BIC numbers for incoming payments. These are complemented by whitelabel and co-branded products such as a complete e-wallet platform, a prepaid product and InstantTransfer, a real-time bank transfer solution. Fraud and risk management services for PSPs round out PPRO s issuing offering.

5 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 05 Why PPRO? Seven reasons why it makes sense to partner with PPRO: 1 Increased e-commerce revenue Studies have shown that a large variety of payment options significantly increases conversion rates in online shops. Complementing traditional payment methods such as credit cards, advance payment and direct debit, PPRO supports a variety of alternative schemes that can help drive revenue among PSP customers. 2 Extended reach PPRO supports more international payment instruments than many other payment providers, allowing PSP customers to reach beyond national borders with easy, secure access to the international market. 3 One-stop payment facilitation PPRO holds all licenses required for global acquiring and issuing. PSPs only need to sign one contract with PPRO to access the full service suite. This gives PSPs a single point of contact to the full international payment facilitation spectrum. 4 5 Maximum trust Thanks to real-time reports, PSPs have instant access to transaction, recall, chargeback and credit movements on their accounts or their customer accounts. In addition, PSPs can run their own reports and analyses. The PPRO team has many years of experience in the e-payment space, all of which is channelled into achieving excellence. This is reflected in the high programming standards, exceptional system stability and advanced system intelligence. 6 Fast onboarding and attractive conditions PSPs have instant access to all payment options credit card included with one single contract, coupled with attractive revenue share models. Efficient, largely automated compliance processes mean that new merchants can be quickly and easily onboarded. 7 Maximum security Thanks to PCI DSS Level 1 certification, PPRO enables the highest possible security standards for processing credit card payments. One interface PPRO has developed a simple, integration-friendly interface for all payment schemes on offer. It is constantly expanding the range of payment options, all delivered through the same single interface. PPRO also manages, updates and evolves the platform, ensuring that it is dynamically and rapidly adapted to evolving customer needs.

6 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 06 customers The PPRO customer base includes renowned payment service providers and software platform partners serving hundreds of thousands of merchants. PSPs are free to offer one or more of the payment instruments offered by PPRO extending from local payment methods through global solutions, e-money accounts and prepaid cards to international cash and currency management, plus aggregation and clearing of payment transactions. So who is behind the PPRO Group? Management team The management team at PPRO is made up of the founders Philipp Nieland (Chief Executive Officer) and Tobias Schreyer (Chief Commercial Officer), supported by Sarah Francis (Compliance Officer), Brigitte Holzer (Chief Financial Officer) and Chris Holland (Chief Technology Officer). All members of the management team have many years of experience in e-payment, online software and online services. group Structure The PPRO Group has several European member companies some of which are regulated. These include PPRO Financial Ltd, an e-money institute regulated by FCA. PPRO is active in all European countries, on all South American markets and in Asia. History Philipp Nieland and Tobias Schreyer founded PPRO in Originally, the company s aim was to provide a secure way to distribute digital goods internationally. In response to rising demand for alternative payment methods, PPRO offered the first version of its portal to selected partners in In 2012, PPRO Financial Ltd received FCA authorisation to issue e-money. PPRO Financial Ltd is a principal member of Visa and MasterCard. With 50 employees, PPRO has evolved into a key and profitable player in the e-payment space plans include the integration of additional payment schemes and an automated onboarding process with supporting financial services for smaller online shops

7 PPRO FINANCIAL LTD l CORPORATE PROFILE 2014 l 07 your contacts For general queries info@ppro.com business development Ralf Ohlhausen ralf.ohlhausen@ppro.com Marketing and PR Elke Woessner elke.woessner@ppro.com PPRO Financial Ltd 20 Hanover Square London W1S 1JY United Kingdom