Industry News

MedicAnimal Selects Computop to Process over £70 million of Payments

…Supporting payments across UK, France, Germany, The Netherlands and Spain…

London, United Kingdom – 15 January 2015Computop, a leading payment service provider (PSP), has today announced that it has been selected by MedicAnimal, London-based online pet healthcare retailer, selling pet products and services including prescription medicines, pet food and accessories, to support its increasingly expanding eCommerce business. The Computop Paygate 6.0 platform will underpin the payments for its +£70 million business in Europe, supporting payments in the UK, France, Germany, The Netherlands and Spain.   

“In the past, we did all our payment collection with various different providers,” explained Michael Wall, financial director of MedicAnimal. “But in 2012 we elected to put all our brands onto one eCommerce platform for which we selected hybris software. Previous to this, we had leveraged various providers for our payment collection, but with our new eCommerce platform in place, we needed a provider who was completely familiar with hybris and which could seamlessly integrate with it.”

In addition to this, and due to its expansion into wider European markets, MedicAnimal required a payment provider which could handle a variety of payments – including cards, PayPal, differing types of bank transfers and eWallets – across the whole continent with the experience necessary to handle the cultural and legal differences per market.

As one of the first payment gateways working with hybris software, an SAP company and the world’s fastest-growing commerce platform provider, and with its proven track record in the European and global markets, Computop was a very natural decision for MedicAnimal.

“The best payment gateway is one that you don’t have to think about very much because it all works and it offers a strictly secured payment solution for our customers,” Wall continued. “As with all online businesses, the payment part of the process is really important for us and having a payment provider that is completely reliable is crucial.”

As well as providing a high level of reliability, Computop also introduced MedicAnimal to a number of new payment methods. “By adding payment methods to the business, we’ve been able to reach a broader group of customers than we’ve previously been able to connect with and, in doing so, have further strengthened our revenue stream.”

“Despite the low risk nature of eCommerce, the confidence needed to expand into new markets comes with knowledge and experience,” commented Ralf Gladis, CEO of Computop. “It’s essential that online retailers, when expanding into new markets adopt local language, local culture and behaviours, local currency and local payment methods. MedicAnimal is a very exciting retailer who understands these nuances and whose focused approach per market is reaping its rewards.”

The latest version of Computop’s multichannel global payment platform offers new features and functionality that make it even easier and faster for merchants to power their eCommerce businesses, and is fully SEPA enabled in preparation for the forthcoming pan-European payment harmonisation initiative. 

This brings a single payment gateway for secure transactions between MedicAnimal and its customers, as well as providing access to the most relevant payment solution for customers in their local market.

About the Computop Paygate platform
Computop Paygate is a PCI DSS certified payment platform that provides multichannel service providers and retailers with secure payment solutions and efficient fraud prevention for international markets. With just one interface needed, Computop Paygate allows retailers access to over 60 payment methods including all relevant local and international payment options for e-commerce, MOTO, mobile payment and POS solutions. Leading e-commerce solutions from the likes of Demandware, hybris, Intershop, Magento, Oxid eSales and SAP Business ByDesign all support Computop Paygate as a preferred payment service solution for global payment processing.  In addition, Computop offers Computop Paygate as a white label solution to banks and payment service providers (PSPs) enabling them to provide their customers with secure and seamless payment processing.

About Computop
Computop is a leading global payment service provider (PSP) that provides compliant and secure e-commerce, MOTO, Point of Sale (PoS) and mobile solutions, globally.  The company, founded in 1997, is headquartered in Bamberg, Germany with local teams also within China, the United Kingdom and the United States of America. Computop processes transactions totaling over 9 billion US Dollars per year, for over 2800 large international merchants within industries such as retail, travel and gaming.  Global customers include C&A, Fossil, Metro Group, Samsung, TUI and illy caffe.  In order to provide a complete multichannel solution for merchants, Computop has a robust partner and global banking portfolio providing merchants with a seamless and secure transaction process.

For further information please visit: www.computop.com.

About MedicAnimal
MedicAnimal.com is an online retailer of pet supplies, including food, supplements, medicines and accessories with a particular focus on veterinary diets, prescription and non-prescription medicines and premium-quality products. MedicAnimal is registered both as a veterinary dispensary as well as a pharmacy in the UK and offers clients free advice from its in-house team of veterinarians and pharmacists via live chat, email or phone. The site also publishes news and advice related to general animal care and health issues. MedicAnimal.com is based in London, UK and is already a reference in the pet and veterinary retail world throughout Europe. 

For further information please contact:

For Computop
Ascendant Communications, for Computop
Tel: +44 (0) 208 334 8041
E-mail: chanson@ascendcomms.net / jcooper@ascendcomms.net

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