Planet Payment
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Business Overview

Planet Payment® is a multi-currency payment processor dedicated to enabling internationally focused processors, acquiring banks and merchants to accept, process and reconcile credit card transactions in multiple currencies. Cardholders travelling or working outside their home jurisdictions who use these services, can enjoy the certainty and convenience of viewing prices and settling transactions in their home currencies. Planet Payment’s leading-edge solutions work within the popular credit card infrastructure, and integrate with top acquirers, processors, gateways and POS solution providers in the United States, Europe and the Asia Pacific region. Planet Payment’s systems also enable it to provide enhanced data reporting and data mining to help merchants using multiple systems in different countries make informed business decisions.

How Planet Payment Earns Revenue

Planet Payment® earns revenues from transactions processed through its systems, as well as from transactions of merchants who use the Company’s other services. The close integration of Planet Payment’s systems into its partners’ processes enables the Company to earn recurring revenue from its partners’ transactions. The Company aims to maintain exclusive or preferred contractual relationships with partners who are leaders in their fields, and integration with their systems, thereby positioning itself to maintain long-term relationships and to grow additional recurring revenue streams.

Growth Strategy

The Company aims to capitalize on the broad global trends which affect payment processing, with a focus on international credit card transactions. Planet Payment targets industry sectors in which the merchants are likely to have a greater incidence of customers using credit cards denominated in currencies different from those of the merchants.
 

AIM Rule 26

This is the website for Planet Payment,  Inc. required to be maintained under AIM Rule 26.  The Company is incorporated in Delaware, United States of America, and its main country of operation is the United States of America.  The information required to be disclosed pursuant to AIM Rule 26 is contained in an accessible form in the "Investor Relations" section of this website.  This section was last updated on June 15, 2009.