Enabling Technologies

Australian Netflix, Presto selects GlobalCollect for Payments Processing

Today (April 30th, 2014) GlobalCollect – one of the world’s largest payment service providers – shared further information on its role in providing the payment processing infrastructure behind Presto, Australia's new all-you-can-eat streaming media service. GlobalCollect provides Presto with Credit Card recurring and once-off payments for both subscription and Pay Per View services for the Presto service. With GlobalCollect on board to facilitate the payments processing, customers are guaranteed easy and secure payments options, and Presto is free to focus on providing the best possible service to consumers.

Streaming media services are rapidly gaining in popularity across the world, bringing about a change in how viewers consume and pay for content. GlobalCollect works with some of the biggest global names in digital goods and services, and brings to Presto two decades of payments experience in music, streaming media, gaming, software and apps, and the unique payment dynamics and monetization models they have introduced.

"For Presto, we were looking for a partner with deep experience in digital media, who could integrate payments easily and smoothly into our content platform. We found that partner in GlobalCollect, a company with an impressive track-record in this space," said Brad Wilson, Head of Technology and Operations at Presto. "GlobalCollect's alignment with our other technology partners was an important factor as well."

"We're very excited to be working on the infrastructure to support Presto in the Australian market. From working with leading streaming media companies across the world, we've seen how popular these services are and how much consumers appreciate the freedom of choice they offer," said Matthew Rainbow, Country Manager Sales - Australia and New Zealand for GlobalCollect. "Presto offers Australians the best user experience across the board, and by applying best practices gained from working with leading streaming media companies all over the world, we're proud to make the payments process an important part of that success."

Recent Developments:

On 31st March 2014, GlobalCollect announced Elevate Data Services, a comprehensive Business Intelligence solution designed specifically for online payments and chargebacks. According to the company, Elevate was conceived in response to the unique need for insights expressed by GlobalCollect’s clients, and developed in close cooperation with GlobalCollect’s Customer Advisory Board (GCAB). With Elevate, GlobalCollect merchants can now apply visualization and advanced data analytics to their unstructured payments data, transforming it into a rich source of strategic insights that help optimize their online business and drive sales.

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On 15th February 2014, GlobalCollect announced that two of its most senior executives had joined the MRC in key advisory roles. Stephen Buechner, Chief Credit & Risk Officer at GlobalCollect, joined the European Advisory Board. At the same time, Greg Leos, who heads up GlobalCollect's North American operations as General Manager, took a seat on the MRC's Americas Advisory Board. The appointments continue a long-standing relationship between the two organizations, and underline GlobalCollect's ongoing commitment to support the MRC and its members across the world.

I had written an article about the Payments Industry and Massively Multiplayer Online Role Playing Games (MMORPG). This included some interesting data and trends gathered by GlobalCollect. The MMORPG community has grown into a formidable force and will continue in that manner according to their report. GlobalCollect had published the report on the MMORPG market in July 2013, highlighting payments and trends.The  research is based on GlobalCollect’s extensive gaming transaction data. It also includes data from Newzoo, an international gaming market research firm.  The data covers millions of transactions per quarter and represents more than 170 countries.

Chiraag Patel

Chiraag Patel is a Senior Reporting Analyst and the Editor of Bitcoin and Virtual Currency channels at Lets Talk Payments. He is an engineer with deep interest in MMORPG, Virtual Banking, Game Currency and Virtual Cash. Chiraag enjoys Reading& Blogging with focus on New Innovation, Technology & Startups in the Payments Space.

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