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epay Partners with WorldPay to Launch Competitive Merchant Acquiring Deal to Independent Retailers

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LONDON, January 8, 2013 /PRNewswire/ --

epay have partnered with WorldPay, Europe's leading provider of merchant accounts, to allow retailers the ability to process credit and debit card payments through their epay terminal using their Streamline technology. Not only will retailers benefit from earning excellent commission rates from existing products, epay retailers can now also increase spending from customers who prefer to make purchases using their credit/debit cards, whilst processing card payments at competitive rates.

Growth in card payments has placed demand on small and medium size businesses to offer additional payment methods where cash has historically been the payment of choice. Not only does this bring more footfall into store, but has also proven to increase basket spend.

In addition to providing payment processing for all major debit and credit cards including MasterCard and Visa, epay's new terminal with Streamline technology also offers a range of card payment options to process transactions in a face to face environment using fixed, portable, and mobile card acceptance devices.  

On average, UK adults carry up to three cards each, and 89% of the adult population carry at least one debit or credit card. In order to ensure consumer shopping experience is quick, simple and stress free, epay are making payment options convenient, fast and more secure than ever. Customers paying by cash fell by 5.2% in 2010; in fact, a Dunn & Bradstreet study in September 2012 found that people spend 12-18% more when using credit cards than when using cash within a retail setting.

epay's new VX 520 terminal with built in card processing technology can also be connected to broadband to bring transaction speeds down to as little as two seconds. It allows independent stores to compete with major retailers by reducing transaction times, and with WorldPay being the only UK processor operating on a dual authorisation system, retailers will be less likely to experience downtime, even during peak times.

So why wait? epay is offering all new and existing retailers the chance to sign up now with £100 off installation costs and no monthly terminal charge for the first three months*. Take advantage of this fantastic offer and experience for yourself the benefits of accepting card payments in-store!

*Offer runs until 31st January 2013, full terms and conditions apply.

Note to Editors:

About epay
epay, a Division of Euronet Worldwide, Inc. (NASDAQ: EEFT), is a global prepaid product provider and distribution network - enabling service providers to maximize the sales of their products and services. epay delivers innovative and tailored electronic payment, cash collection solutions including POS systems integration, a full settlement and reporting service and full marketing and distribution service support.

The epay product portfolio includes prepaid mobile top-up, prepaid long distance, prepaid debit cards, e-wallets, gift cards, digital music and other content, lottery, bill payment and money transfer through its sister company Ria, and transport payment solutions including road tolls and public transport.

epay delivers these products through a worldwide network of approximately 631,000 points of sale at approximately 304,000 retailer locations across a number of markets including Australia, Austria, Brazil, France, Germany, India, Ireland, Italy, New Zealand, Poland, Romania, Spain, Switzerland, the UK and the US. Visit http://www.epayworldwide.com for more information.

For further information please contact:
Hetal Patel, Head of Marketing & Retail Services (epay) -hpatel@epayworldwide.com, +44-(0)1268242222

SOURCE epay, a Division of Euronet Worldwide, Inc.



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