ZAPP ANNOUNCES PARTNERSHIPS WITH FURTHER LEADING PAYMENT PROVIDERS

Zapp will work with leading payment providers including Secure Trading, TrustPay Global and Checkout.com to deliver thousands more merchants into the Zapp Payment Network

Zapp, the UK’s leading mobile payment innovation announced it’s next round of network payment partners that are committing to support Zapp’s rollout into the market. Secure Trading, TrustPay Global and Checkout.com – some of the most innovative payment service providers – will all work to support Zapp and it’s innovative, low friction, secure and mobile enabled checkout.

Pay, Mobile, Zapp

Getting more customers through the checkout process securely is crucial to retail success. Research has shown that there are billions of abandoned check outs in the UK and the payment landscape is becoming increasingly confusing. Zapp will allow people to make real-time payments from their mobile, unlocking the money in their current account in a much simpler and more secure way.

Zapp can be integrated into merchant, online and mobile checkouts easily and can be used at the point of sale for NFC, QR code or any other system that a retailer has implemented. For consumers Zapp will be embedded in current mobile banking applications so that customers can quickly and easily access mobile payments from a trusted source without new logins or passwords. Consumers can check their balance before paying for goods and services thereby staying in control of their finances.

Secure, Fast and Easy Payments for Consumers and Merchants

Secure Trading, TrustPay Global and Checkout.com provide a wide range of payment services to many thousands of merchants, representing hundreds of thousands of checkout experiences in the UK. Zapp is the next evolution in payments, built from the ground up for the digital age, and will bring significant benefit to merchants and consumers. Merchants want higher conversion, more secure, lower fraud and easier checkout experiences for the consumer and this is exactly what Zapp provides.

Today’s announcement commits these organisations to working together with Zapp to roll-out to merchants in 2014 and 2015. Secure Trading, TrustPay Global and Checkout.com will integrate the Zapp payment eco-system into the core payment methods that they offer and to joint marketing of the Zapp system to their networks of thousands of merchants.

David Armstrong, Head of Banking and Payments at Secure Trading, commented, “Secure Trading is an innovator committed to delivering scalable payment solutions that are robust, secure and fast. Zapp perfectly fits these requirements and as we roll out Zapp we will be making secure mobile payments a reality for thousands of merchants and millions of customers in the UK.”

Richard Smith, Chief Strategic Officer at TrustPay Global said, “Our services are all about increasing conversion for the merchant and providing robust and secure payment methods for consumers. Zapp’s innovative mobile enabled payment approach supports these aims and we look forward to working with Zapp to provide another payment choice for our merchants and the consumers who checkout with us.”

 Mathieu Altwegg, CEO of Checkout.com, commented, “Checkout.com is committed to providing the most innovative payment solutions for free to small e-commerce merchants, across both mobile and web. As a full acquirer, we believe that Zapp’s approach to mobile payments, which are secure and can scale quickly, is a great complement to the current payment methods that we support. We will work with Zapp to ensure that both merchants and consumers can checkout by Zapp securely and easily.”

 Peter Keenan, Chief Executive of Zapp, commented, “I am delighted to announce this next set of payment partners. We now have many of the most innovative and forward thinking payment providers and acquirers supporting Zapp which is a reflection of the momentum that the Zapp payment network has in the market. We are working hard with all our partners from banks to payment providers to get Zapp’s high conversion, low fraud and highly secure payments into market.”