Optimal Payments launches e-commerce acceptance service for merchants
Online payments provider Optimal Payments has launched a new online checkout page, designed to help e-commerce merchants with indemnified alternative payments.
Called Netellergo, the service allows the merchants to offer the consumer a choice of using their prefer alternative payment type without requiring them to create a stored value account to complete the purchase. Merchants will be able to use the service anywhere in the world – the idea is to take away the hassle of dealing with complex contractual negotiations with multiple payment providers. The new service will consolidate all payments due to merchants and place them in one account – meaning they will not need multiple accounts in different countries and jurisdictions.
Optimal Payments added that it has appointed Rick Castello to be its head of sales for the new product in the US. Castello has experience in the payments industry and will work on the Netellergo service across the US from his base in the San Francisco Bay area.
“Netellergo is all about helping our online merchant partners do business anywhere in the world with the least fuss, greatest security and no risk,” said Lorenzo Pellegrino, executive vice president, Neteller. “Unlike many other payment providers who simply act as a technical routing gateway, we architected this service to be the most efficient global payment option on the market.
“Optimal Payments is handling all of the legal contracts with payment method providers and assuming all technical integration challenges so that our clients can focus on their business,” added Pellegrino. “We are even guaranteeing the validity of all transactions passing through Netellergo absolving merchants of any downside risk.”
Netellergo is due to go live late in Q4 2014.