The agreement will see Allpay’s online payments processed through Realex’s managed gateway solution, and Realex says it will process approximately GBP 1 billion transactions each year over the contract, bankingtech.com reports.
Allpay collects nearly GBP 6 billion a year and processes over 55 million transactions. It says it sought an alternative solution to its existing in-house system to meet current and future payment technology demands”. The industry standard, PCI-DSS, is “simplified” for Allpay, as card-holder data is processed within Realex’s PCI-DSS v3.1 compliant environment.
Realex also provides Allpay with a customised hosted payment page. For more information about Realex Payments, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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