TORONTO, Dec. 2, 2014 /CNW/ - Home Trust, a wholly
owned subsidiary of Home Capital Group Inc. (TSX: HCG), today
announced that it has extended sponsorship to Payvision for the
Canadian market. Home Trust, a federally regulated Canadian
financial institution, and Payvision, one of the fastest-growing
Global Acquiring networks, have teamed up to offer Payvision's
Canadian, US and international payment service providers, online
merchants, independent sales organizations and acquirers with a
great opportunity for international growth through a robust local
payment processing solution focused on both domestic and global
needs.
Home Trust and PsiGate, also a wholly owned subsidiary of Home
Capital and specializing in eCommerce and card-not-present payment
solutions, welcome Payvision to Canada and are excited about the international
reach provided by being connected to one global acquiring platform.
This agreement gives Home Trust access to Payvision's cross-border
ecommerce community, industry knowledge and network of global
acquirers.
With its world-class international processing platform,
Payvision can support Home Trust's merchants with multi-currency
processing, helping them to expand their geographical footprint.
Canadian online merchants can now benefit from a single API
integration of domestic and international processing on one global
acquiring platform, enabling full control all of the business they
do in any country or region in the world.
"Home Trust is excited about the international potential of this
relationship," said Martin Reid,
President, Home Trust Company. "With the global capabilities
offered by Payvision, Home Trust and PSiGate are able to help our
Canadian online merchants expand internationally."
"The Canadian market is an online-savvy marketplace that
requires tier-one processing solutions with a focus on cross-border
payments," said Rudolf Booker, CEO
and founder, Payvision. "Being in Canada provides us with a tremendous
opportunity to build on our mission of connecting cultures through
cross-border commerce, and working with Home Trust helped outline
detailed requirements and market expectations, and provided great
insight into the Canadian landscape."
About Home Capital and Home Trust
Home Capital Group
Inc. is a public company, traded on the Toronto Stock Exchange
(HCG), operating through its principal subsidiary, Home Trust
Company. Home Trust is a federally regulated trust company offering
residential and non-residential mortgage lending, securitization of
insured residential first mortgage products, consumer lending and
credit card services. In addition, Home Trust offers deposits via
brokers and financial planners, and through its direct to consumer
deposit brand, Oaken Financial. Licensed to conduct business across
Canada, Home Trust has offices in
Ontario, Alberta, British
Columbia, Nova Scotia,
Quebec and Manitoba. For more information, please visit
www.hometrust.ca.
About PSiGate
PSiGate is a wholly owned subsidiary of
Home Capital Group Inc., specializing in online and
card-not-present payments in the Canadian market. PSiGate
offers fast, secure, and reliable payment gateway services,
including real time reporting and configurable fraud tools.
In addition, PSiGate offers Canadian and US dollar merchant
accounts and a variety of value added solutions including virtual
terminal and mobile solutions. For more information, please visit
www.psigate.com.
About Payvision
Payvision is an independent Payment
Solution Provider specialized in Global Card Payments for the
ecommerce market. Payvision offers acquiring Banks, agents, Payment
Service Providers, ISO, MSPs and their merchants a secure PCI DSS
compliant, PSD Licensed international payment processing network
enhanced with innovative technology. Over the past decade,
Payvision has consistently expanded its geographical footprint in
over 40 countries with offices in New
York, Utah, San Francisco, Madrid, Paris, London, Cologne, Toronto, Singapore, Tokyo, Hong
Kong, Macau, and
Auckland, resulting in vast
knowledge and insight in the complexity of Card Payments and
ecommerce. Payvision provides its customers 24/7 Support, 150+
transaction currencies and regional card settlement currencies, a
high-end reporting interface and a solid risk management solution.
Payvision's experience in the different international regions has
resulted in a global network of global acquiring banks, connecting
over 300 trusted business partners with more than 5000 web
merchants worldwide, for which we process over 100 million
transactions a year. For more information about Payvision, please
visit www.payvision.com.
SOURCE Home Capital Group Inc.