As part of the deal, the combined companies will develop global POS terminals and will allow merchants to deliver Paygate services online and in store.
Merchants will also be able to implement an integrated multichannel service for payments which includes POS, e-commerce, call centre and mobile payments. The results are set to be made public in spring 2012.
MagTek provides card readers, cheque readers/scanners, PIN Pads and MagnePrint credential authentication technology for retailers.
The Computop Paygate is a multi-channel payment platform that provides online retailers with payment and fraud prevention services for international markets. Computop Paygate 5.0 features more international and domestic alternative payment methods, including: Amazon Payments (US and Europe), FasterPay (UK), Skrill/Moneybookers (International), POLi (Australia and New Zealand), Przelewy24 (Poland), Teleingreso (Spain), Postfinance bank transfer (Switzerland), Postfinance card payments (Switzerland), Qiwi (International) and Ukash (International).
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