28.02.2014 Views

Planet Payment and Banorte Launch Integrated MICROS Solution ...

Planet Payment and Banorte Launch Integrated MICROS Solution ...

Planet Payment and Banorte Launch Integrated MICROS Solution ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

October 2, 2013<br />

<strong>Planet</strong> <strong>Payment</strong> <strong>and</strong> <strong>Banorte</strong> <strong>Launch</strong> <strong>Integrated</strong> <strong>MICROS</strong> <strong>Solution</strong> With Pay in Your<br />

Currency<br />

First Implementation of <strong>MICROS</strong> <strong>Payment</strong> Gateway With Pay in Your Currency in Mexico<br />

LONG BEACH, N.Y. <strong>and</strong> MEXICO CITY, Oct. 2, 2013 (GLOBE NEWSWIRE) -- <strong>Planet</strong> <strong>Payment</strong>, Inc. (Nasdaq:PLPM) (LSE:PPT),<br />

a leading provider of international payment processing <strong>and</strong> multi-currency payment processing services, <strong>and</strong> <strong>Banorte</strong>, one of<br />

the largest banks in Mexico, today announced the first implementation in Mexico of <strong>MICROS</strong> Systems, Inc.'s (Nasdaq:MCRS)<br />

<strong>MICROS</strong> <strong>Payment</strong> Gateway integrated payment solution. The <strong>MICROS</strong> <strong>Payment</strong> Gateway is integrated with <strong>Planet</strong> <strong>Payment</strong>'s<br />

"Pay in Your Currency" service.<br />

With Pay in Your Currency, international consumers can enjoy a more comfortable shopping <strong>and</strong> lodging experience by<br />

knowing what they are paying in their home currency, while simultaneously providing the merchant with an opportunity to<br />

reduce the processing costs incurred on these transactions.<br />

Pay in Your Currency can offer significant value-added benefits to <strong>Banorte</strong> merchants <strong>and</strong> their customers. Eligible<br />

international customers are offered the convenience of paying in their home currency at the point-of-sale. Customers are<br />

presented with a receipt or shown a point-of-sale terminal which displays the transaction amounts in Mexican Pesos <strong>and</strong> their<br />

home currency (as well as the exchange rate <strong>and</strong> other service details); customers then select the currency they wish to pay in<br />

on the receipt or terminal.<br />

<strong>Banorte</strong>'s launch of the <strong>MICROS</strong> <strong>Payment</strong> Gateway also facilitates integrated payment support for the <strong>MICROS</strong> suite of<br />

enterprise hospitality products. The <strong>MICROS</strong> <strong>Payment</strong> Gateway, hosted <strong>and</strong> operated within <strong>Planet</strong> <strong>Payment</strong>'s data center <strong>and</strong><br />

integrated to its global processing platform, supports Pay in Your Currency, acceptance of EMV "chip" <strong>and</strong> magnetic stripe<br />

cards <strong>and</strong> on-line reporting for acquiring banks <strong>and</strong> their merchants. By processing card payments directly through the hotel's<br />

property management system <strong>and</strong> eliminating the reliance on st<strong>and</strong>-alone point-of-sale terminals, the solution allows hospitality<br />

merchants to reduce operational expense, streamline night-audit reconciliation processes, facilitate EMV <strong>and</strong> PCI compliance<br />

<strong>and</strong> ultimately offer guests a more secure <strong>and</strong> seamless check-in <strong>and</strong> check-out process.<br />

Philip Beck, Chairman <strong>and</strong> Chief Executive Officer of <strong>Planet</strong> <strong>Payment</strong> said: "<strong>Planet</strong> <strong>Payment</strong>'s goal is to deliver<br />

innovative payment solutions to acquiring banks <strong>and</strong> their merchants. The <strong>MICROS</strong> solution integrated with Pay in Your<br />

Currency service announced today is another example of this commitment. Now hotels in Mexico can enjoy the operational<br />

efficiencies that flow from an integrated payment solution as well as offer their international guests an enhanced customer<br />

service by allowing them to check-out <strong>and</strong> pay in their home currency."<br />

Hector Abrego, Deputy Director General of Alternate Channels of <strong>Banorte</strong> Financial Group said: "The partnership<br />

announced today enables <strong>Banorte</strong> to be the first financial institution in Mexico to offer this innovative means of payment for our<br />

customers. Pay in Your Currency is a clear differentiator while at the same time enhancing the end-user experience. With the<br />

recent implementation of Pay in Your Currency, <strong>Banorte</strong> confirms its commitment to staying at the forefront of bringing<br />

innovative solutions to its various channels."<br />

Bernard Jammet, President of <strong>MICROS</strong> Latin America <strong>and</strong> Caribbean said: "We are excited to join forces with <strong>Banorte</strong><br />

<strong>and</strong> <strong>Planet</strong> <strong>Payment</strong> in Mexico, enabling our current <strong>and</strong> future <strong>MICROS</strong> customers to provide a better experience to their<br />

guests while strengthening their operations. This is one of several approaches <strong>MICROS</strong> offers to address the ever changing<br />

world of electronic <strong>and</strong> mobile payments."<br />

ABOUT GRUPO FINANCIERO BANORTE<br />

Grupo Financiero <strong>Banorte</strong> was founded in 1899 <strong>and</strong> provides products <strong>and</strong> services in the Mexico market. <strong>Banorte</strong> is currently<br />

the third largest banking institution in Mexico, measured by the size of the loans <strong>and</strong> deposits. With over 22 million customers,<br />

<strong>and</strong> a network over 1300 branches <strong>and</strong> around 6700 ATMS country wide, retail banking is primary focus for <strong>Banorte</strong> Financial<br />

Group. <strong>Banorte</strong> also provide, a complete set of products <strong>and</strong> services through its brokerage house, Insurance company,<br />

Retirement Funds Administration (AFORE), Investment funds operation, as well as it Leasing <strong>and</strong> factoring Companies, <strong>and</strong><br />

Warehousing company. <strong>Banorte</strong> has established itself as one of the most profitable banks in Mexico <strong>and</strong> is known for its strong<br />

fundamentals, showing quality of assets, as well as high levels of liquidity <strong>and</strong> capitalization. Visit www.<strong>Banorte</strong>.com for more<br />

information.


ABOUT PLANET PAYMENT<br />

<strong>Planet</strong> <strong>Payment</strong> is a leading provider of international payment processing <strong>and</strong> multi-currency processing services. We provide<br />

our services in more than 20 countries <strong>and</strong> territories across the Asia Pacific region, North America, the Middle East, Africa <strong>and</strong><br />

Europe, primarily through our more than 60 acquiring bank <strong>and</strong> processor customers. Our point-of-sale <strong>and</strong> e-commerce<br />

services help merchants sell more goods <strong>and</strong> services to consumers, <strong>and</strong> together with our ATM services are integrated within<br />

the payment card transaction flow enabling our acquiring customers, their merchants <strong>and</strong> consumers to shop, pay, transact<br />

<strong>and</strong> reconcile payment transactions in multiple currencies, geographies <strong>and</strong> channels.<br />

<strong>Planet</strong> <strong>Payment</strong> is headquartered in New York <strong>and</strong> has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London,<br />

Hong Kong, Mexico City, Shanghai <strong>and</strong> Singapore. Visit www.planetpayment.com for more information about the Company <strong>and</strong><br />

its services.<br />

About <strong>MICROS</strong> Systems, Inc.<br />

<strong>MICROS</strong> Systems, Inc. provides leading enterprise-wide applications, services <strong>and</strong> hardware for the hospitality <strong>and</strong> retail<br />

industries. Serving an extensive portfolio of clients worldwide, <strong>MICROS</strong> solutions are utilized in over 567,000 hotels, casinos,<br />

table <strong>and</strong> quick service restaurants, retail, leisure <strong>and</strong> entertainment, fuel <strong>and</strong> convenience, cruise, <strong>and</strong> travel operations in<br />

more than 180 countries, <strong>and</strong> on all seven continents. <strong>MICROS</strong> combines its industry knowledge <strong>and</strong> expertise to provide<br />

cloud-based, mobile <strong>and</strong> on premise solutions that allow its clients to streamline operations <strong>and</strong> successfully engage their<br />

customers.<br />

<strong>MICROS</strong> applications include point of sale, property management, central systems, business intelligence, eCommerce, loyalty,<br />

CRM, loss prevention, distributed order management, labor management, inventory management, <strong>and</strong> merch<strong>and</strong>ise planning<br />

solutions. <strong>MICROS</strong> services include hosting <strong>and</strong> SaaS, platform implementation <strong>and</strong> integration, strategic business consulting,<br />

interactive marketing, design services including creative <strong>and</strong> user experience, <strong>and</strong> managed services. <strong>MICROS</strong> stock is traded<br />

through NASDAQ under the symbol MCRS.<br />

For more information on <strong>MICROS</strong> <strong>and</strong> its advanced information technology solutions for the hospitality <strong>and</strong> retail industries,<br />

please visit the <strong>MICROS</strong> website at www.micros.com or send an email to info@micros.com. Follow <strong>MICROS</strong> on Facebook,<br />

LinkedIn, YouTube, <strong>and</strong> the <strong>MICROS</strong> Blog.<br />

CONTACT: Media Contacts<br />

<strong>Planet</strong> <strong>Payment</strong><br />

Contact: Joel Mayer<br />

Telephone: 516.670.3200<br />

email: jmayer@planetpayment.com<br />

www.<strong>Planet</strong><strong>Payment</strong>.com<br />

UK PR Firm for <strong>Planet</strong> <strong>Payment</strong><br />

Redleaf Polhill<br />

Contact: Emma Kane/ Rebecca S<strong>and</strong>er-Hewett/<br />

David Ison<br />

Telephone: + 44.20.7382.4730<br />

email: <strong>Planet</strong>@RedleafPR.com


US IR Firm for <strong>Planet</strong> <strong>Payment</strong><br />

ICR<br />

Contact: Don Duffy / Dara Dierks<br />

Telephone: 646.277.1212<br />

<strong>Banorte</strong><br />

Contact: Alej<strong>and</strong>ro Vazquez<br />

Telephone: +52 (55) 1670 2994<br />

www.banorte.com<br />

<strong>MICROS</strong><br />

Contact: Louise Casamento<br />

Telephone: 443.285.8144 or (866) 287-4736

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!