Planet Payment

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Planet Payment, Inc. operates as a multi-currency payment and data processor. It enables processors, acquiring banks, and their merchants to accept, process, and reconcile credit card transactions in multiple currencies; and allows cardholders to view prices and settle transactions in their home currency. The company offers Dynamic Currency Conversion, a customer service feature where a credit card purchase priced in the merchant's local currency is converted into the cardholder's home currency at the point-of-sale; Multi Currency Pricing, with which the cardholders can view merchant's pricing and pay in their home currency; and FX Assured that offers cardholders individualized exchange rate. It also provides Data Analytics service that offers in-depth transaction reporting and analysis; and BuyVoice solution, which lets merchants securely accept credit cards anywhere and anytime by using telephone. The company’s processing solution integrates with banks, processors, gateways, and point-of-sale solution providers to provide elements of a dynamic currency conversion and multi-currency processing solution. Planet Payment offers its services to banks and technology providers on outsourced or integrated basis. It operates in the United States, Europe, and the Asia Pacific region. The company has a joint venture with JourneyPay Limited to provide payment solutions to the transport sector in the United Kingdom. Planet Payment was founded in 1999. It was formerly known as Planet Group, Inc. and changed its name to Planet Payment, Inc. in June 2007. The company is headquartered in Long Beach, New York with additional offices in Atlanta, Beijing, Bermuda, Hong Kong, London, Shanghai, and Singapore.

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