Myriad Payments Ltd (Myriad), a Global Payment Systems Integrator, today announced the release of its ‘Global Payment Exchange’ to PCI level 1, 2 or 3 Online Gaming Merchants. This follows a three-year development process, which included two years in production testing.
The Myriad Exchange offers Online Gaming Merchants advanced payment integration and management services, including; GeoLocation, decline analytics, Payment Card Industry Data Security Standard (PCI) tokenization, automated AML reporting and Operator, acquirer or payment method specific data capture. These services are combined with: advanced fraud, marketing, 3D-Secure and ‘least cost’ routing products, all of which are managed by easy to use filters, rules and workflow systems.
In addition to multiple payment methods, the Myriad Exchange is integrated with leading Know Your Customer and Anti Money Laundering service providers, enabling systematic support of any compliance regime. The Exchange currently supports up to 59 payment methods for OnlineGaming, with further integrations on-going.
Built, tested and deployed by an experienced management team, the Exchange minimises the cost of achieving and maintaining PCI compliance for multi-channel payment processing, as well as enhancing payment handling efficiency and improving sales conversion rates whilst reducing PCI compliance and payment processing costs. The Exchange processes multi-sourced data, in real time, from any available database including up to 40 merchant specific data elements.
“The Myriad Exchange delivers a step change in payment integration and processing services to the Online Gaming Industry.
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The Exchange consistently supports our clients’ sales management activities, allowing them to easily decide which payment options to offer at checkout, providing special handling for VIP’s and highlighting or blocking high risk transactions.” said David Abbott, CEO of Myriad Payments.
Myriad Exchange clients in the EU and AP regions have already realised substantial savings in processing costs, reductions in fraud losses, and significant improvements in service delivery following the integration process. The Exchange back office employs Adobe Flex, and an Oracle database to enable real time payment management and control.
Myriad Payments Limited is a wholly owned, Gibraltar registered subsidiary of Intelligent Payments Group Ltd (IPG). Myriad Payments has its operational base in Gibraltar with a sales and support office located in the City of London. IPG is a Gibraltar registered, Private Equity owned company. Myriad Payments offers up to 59 payment methods to the Online Gaming and digital media industry. Myriad and Matrix Payments enable PCI Level 1 2 and3 merchants to outsource payment processing functions, and the storage of sensitive credit card data to PCI DSS compliant data centres, using a highly secure tokenisation process. To learn more about Myriad Payments, visit www.myriadpayments.com or call +44 (0) 020 3286 0232 to request a system demonstration. (E-07.21.11)
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