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CompanyProfile
MLS/ISO contact:
Adam Vissing
Vice President Sales &
Business Development
a.vissing@ixopay.com
+43 1 353 05 05
From point of sale to 'single point of truth'
XOPAY is part of the IXOLIT Group, an indepen- payment methods and helps them compete successfully
dent, international information technology com- in cross-border markets," he said. "Through a single
pany based in Vienna, Austria. IXOLIT offers soft- integration, IXOPAY enables such businesses to offer
I ware solutions, as well as custom development more than 200 payment methods, boosting conversion
for the ecommerce and payments industries. IXOPAY rates and reducing customer churn."
operates as IXOLIT's payment-facing brand. In 2014, the
company launched a North American IXOPAY subsidiary One integration, full functionality
in Orlando, Fla., and opened a United Kingdom entity At the heart of IXOPAY is an intelligent routing
in 2015. According to a company statement, IXOPAY is a system with cascading functionality, as well as a fully-
best of breed, highly scalable and Payment Card Industry configurable risk engine, automated reconciliation and
Data Security Standard certified payment platform for settlement capabilities, tokenized card vaulting, and a
white-label clients and enterprise merchants. growing library of zero-coding integration adapters.
Through one integration, IXOPAY's Enterprise Merchant
Veteran entrepreneur Rene Siegl founded the company solution enables corporations with multiple affiliates,
in 2001 and serves as CEO. Adam Vissing, IXOPAY's vice departments, brands, web stores, etc., to manage all
president of sales & business development, spent two payment transactions safely and cost effectively by
decades working in software engineering, enterprise centralizing payment processes.
applications and ecommerce. He is focused on helping
IXOPAY clients streamline and scale payment processes "Payment processes require real-time optimization to
globally. Strategic adviser Gox Mailer joined IXOLIT ensure maximum cost-efficiency, but beyond lower
as an internal adviser for internationalization, media transaction costs, this approach reduces decline rates
acquisitions and internal communication structures. He and improves the user experience significantly,"
is also responsible for development and implementation Vissing continued. "This is why our clients benefit from
of IXOPAY's go-to-market strategy. IXOPAY's Smart Routing Engine, which helps reduce
Built for scalability overall transaction fees through the automated routing
of individual transactions to the best possible acquirer/
The IXOPAY architecture was designed to address processor based on various parameters such as card
challenges faced by large, online merchants across all risk type, risk score, geo-location, etc." The firm also offers
categories, as well as payment service providers (PSPs) acquirers and PSPs a white label option that is fully
and independent software vendors (ISVs). The company integrated, certified and customizable. IXOPAY partners
said it consolidates payment flows and processes into a benefit from the centralized, multitenant architecture,
single, scalable and easily configurable platform to reduce powerful configuration tools, and broad selection
the technical impact of implementing new payment of integration adapters and payment methods. "Our
solutions, facilitate back-office integrations and provide independent platform enables payment businesses to
what IXOPAY calls a "single point of truth" for payments- operate using their own brand, logo and identity, thus
related financial reporting. clearly differentiating themselves from the competition,"
Vissing stated.
The IXOPAY platform attained Level One Payment Card
Industry Data Security Standard certification in 2017 The current focus of the IXOPAY team is to grow the
and has since established plugin-based integrations with customer base within the company's home markets of
multiple acquirers, processors, PSPs and ISVs, covering Europe and North America to extend IXOPAY's payments
more than 200 international payment methods. The functionality. IXOPAY additionally plans to continue
business caters to enterprise merchants that operate building up its partnerships with acquirers, processors,
multiple brand-focused platforms. According to Vissing, risk management providers and other technical entities
these platforms tend to evolve organically, resulting to help clients further expand their payment processing
in a multitude of integrations. "Most ecommerce options. The company is also developing new partnerships
businesses yearn for a payment platform that processes involving POS integration, processing innovations and
all their transactions efficiently and securely, offers more.
their customers a wide range of international and local
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