PAY.ON, Sino Payments partner for online payment processing in Asia

Contracting partner of Sino Payments is PAY.ON Asia, managed by Dr. Tschangiz Scheybani. PAY.ON Asia is a subsidiary of PAY.ON AG, based in Germany. Under the terms of the contract, Sino Payments will implement the PAY.ON global payment platform PaySourcing for processing e-commerce transactions from its customers across the globe in multiple currencies including USD. The PCI-certified payment platform PaySourcing enables online payments by classical as well as alternative payment options. Through the collaboration with PAY.ON, Sino Payments will upgrade its merchants infrastructure and make online transactions and payment processing more efficient.

Robert Kuzelj, CEO of PAY.ON, stated: “We are delighted about the agreements between Sino Payments and PAY.ON. With Sino Payments, we were able to win an additional international partner for our payment technology and to further strengthen our position in the Asian market. We have once more shown that our technology is truly global, and meets local payment demands anywhere in the world.”

Sino Payments also plans to provide Chinese and regional merchants with new technologies to solve persistent issues with slow and outdated payment solutions.

PAY.ON AG offers the core competencies of global outsourcing services and routing for monetary transactions, wallet solutions, risk management and monitoring services, as well as various technical back-end solutions. Typical clients of PAY.ON are payment service providers (PSP), payment scheme suppliers, acquirers as well as risk management providers. The technology and services of PAY.ON are fully integrated into the clients corporate design as white label. As a technology provider and expert, the company does not serve merchants.