...QSoft Consulting, owner of Gaydar, uses Computop to enable growth of the brand in European markets…
London, United Kingdom – 4 October, 2011. Computop, a leading payment service provider (PSP), is working with QSoft Consulting, owner of Gaydar, to expand its payment processing and banking partners across Europe for its Gaydar branded services. The partnership has enabled an eight per cent increase in subscription-based customers, due to a wider selection of payment services and a smooth checkout process offered to customers in countries with a low penetration of credit cards.
Trevor Martin, CEO of QSoft Consulting, comments, “The fact that we have a much wider choice of payment options available to customers has given us a real competitive advantage. This is particularly true for countries where consumers are reluctant to use credit cards for transactions. Computop’s expertise on international payment issues and the idiosyncrasies within the different European countries is helping us offer a far wider choice of payment options to customers.”
Computop is managing QSoft’s payment processing for Gaydar through its Paygate 4.0 system. The service manages payment processing throughout Europe, offers local country debit card processing and enables transactions through international payment and online banking transfer schemes. Its comprehensive automated fraud prevention services mitigate risk for QSoft whilst protecting its customers in real-time and without disrupting order processing.
Martin continues, “Computop has cut through the cost and complexity of managing payment processing with acquiring banks and delivering the right mix of payment methods for us across Europe.”
Ralf Gladis, CEO of Computop comments, “In order to deliver this improved payment service to QSoft, we have drawn on our unique financial services partner network, and state of the art technology platform. Paygate integrates seamlessly with online shop, ERP and accounting systems and payment options can be individually configured for domestic and international markets with ease.”
About the Computop Paygate platform
Computop Paygate 4.0 is a multichannel payment platform that provides online retailers with secure payment solutions and efficient fraud prevention for international markets. With just one interface needed, Computop Paygate allows online retailers to get access to dozens of international payment systems, and includes fraud prevention for North America, Europe and Asia. Leading e-commerce solutions from the likes of Demandware, hybris, Magento and Oxid all support Computop Paygate as a preferred payment service solution for global payment processing. In addition, Computop Paygate has been integrated into SAP's Business ByDesign business software to provide secure global payment processing.
About QSoft Consulting
QSoft Consulting is a technology company with a portfolio of multi-platform brands. These include gaydar.co.uk and its related URLs, gaydargirls.com, gaydarradio.com and gaydarnation.com. The company also owns Profile and Lo-Profile, a bar and nightclub which are based in London’s Soho.
As of January, Gaydar.co.uk has over 5.2 million registered users. Out of 1 million sites tracked, Gaydar ranked 162. With 62 percent of all traffic to gay & lesbian websites in the UK going to a Gaydar online media product. Out of 16,010 largest lifestyle sites tracked, Gaydar ranked number 9. Gaydar’s traffic ranks in size comparable to such household brands as Tesco, John Lewis and HMV (Source: Hitwise - an Experian company, January 2010).
GaydarRadio is the largest independently owned radio station in the UK and broadcasts multi-platform via the internet and DAB. The station is multi-award winning having received BT Digital Station of the Year 2006, Sony Digital Station of the Year 2007 and Arqiva Digital Station of the Year 2007 & 2008. GaydarRadio is the largest gay & lesbian station in the world, with over 2.2 million unique listeners every month (Source: RAJAR/ABCe, May 2009).
Computop is a payment service provider (PSP) that was founded in 1997 and is headquartered in Bamberg, Germany. The company has global customers such as Fossil, C&A, Samsung and TUI and has offices located in North America and Europe. Computop’s Paygate PCI-compliant hosted payment solution supports all non customer present payments, including telephone, online and mobile.
For further information please visit: www.computop-payment.com.
For further information please contact:
Charlotte Hanson or James Cooper
Tel: +44 (0) 208 334 8041
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