Many local and regional payment card processing organizations will offer to handle credit and debit card transactions. Pensio’s value proposition is unique since

• By integrating once to Pensio’s solution, the merchant gets access to several acquiring banks across Europe. This will enable the merchant to secure the lowest cost of transaction processing and simplify processing of card transactions across countries and currencies.

• By connecting to Pensio’s solution, the merchant will be able to accept numerous local and international credit cards. Research has shown that merchant revenue increases when customers can use their preferred local or international card and not restrained to a few international credit or debit cards.

• Pensio offers Dynamic Currency Conversion whereby customers may choose the currency by which they wish to get invoiced. Hereby the uncertainty about final price and commission is removed since customers on the spot get the statement in their local currency.

• Payment is done directly from the acquiring bank to merchant bank. Pensio offers expedited payment to support strong cash flow at merchants.

• Pensio offers state of the art information system that provides real-time, intuitive information about card transactions across the acquiring banks.

• Pensio security has received highest certification level by the Payment Card Industry (PCI)

The Pensio solution may be used in different situations including the following:

• e-commerce sites , where the customer enters the card number, expiry date and CVC code, which is stated on the reverse side of the payment card.

• In a physical store , where the customer slides the card through a terminal and enters the pin code.

• The mobile telephone can also be used as means of payment. Payment can be made with a credit card as well as a debit card.

• Multi-storey car parks , vending machines , bridge links, where the customer just slides his card into a vending machine and approves the amount.

• A customer service , where the customer service employee has the option of sending the customer an email with a link to the payment page.