In its second-largest acquisition, Amazon buys the company for $970 million.
SecureNet’s payment APIs coupled with complete in-house processing capabilities, provides a single integration point to accept all payment types.
Austin, Texas—March 5, 2013—SecureNet’s PayOS℠ is the most innovative payment technology operating system directly connected to the major card networks available in the market. The solution’s flexible architecture simplifies integration and empowers merchants and developers to design and control their own payment roadmap. SecureNet’s PayOS gives developers access to a flexible, adaptive and scalable payment operating system with the ability to design their ideal user experience, merchant management, boarding and payment environment.
SecureNet’s payment APIs coupled with complete in-house processing capabilities, provides a single integration point to accept all payment types through any channel – mobile, retail and eCommerce. Through a sophisticated set of API connectors for eCommerce, mobile, point-of-sale, onboarding, business analytics and risk management, SecureNet’s PayOS enables rapid and seamless integration and acceptance of any payment type, anywhere, anytime from any size and type of business.
SecureNet’s proprietary end-to-end payment operating system gives partners direct access to the lifecycle of the payment transaction for valuable insight and unparalleled customer support. Through its direct processing connections with all of the major credit card brands, SecureNet is able to pass on significant economic advantages to its merchants and partners.
“Backed by world-class infrastructure and modern .Net and cloud-based technologies, SecureNet’s unique position allows us to quickly innovate and offer development partners cutting-edge payment technology and integration tools in a market that is constantly evolving,” says Brent Warrington, SecureNet CEO. “Our flexible architecture, sophisticated API connectors and holistic approach to managing the point of sale truly creates an ecosystem where businesses and developers can collaborate, innovate and define the future of payments.”
SecureNet will launch its next generation of Mobile Payments API libraries (version 2.0) early next month, enabling quick and easy integration with mobile and point-of-sale applications for seamless mobile checkout. The company also plans to release an advanced suite of developer integration tools complete with interactive code samples in multiple languages, easy-to-follow quick start guides by acceptance type, a robust self-service development sandbox and specialized support resources.
About SecureNet Payment Systems
SecureNet’s PayOS℠ offers the most innovative payment technology operating system directly connected to the major card networks available in the market. SecureNet’s PayOS enables merchants to accept any payment type, anytime, anywhere through point-of-sale, eCommerce and mobile acceptance. Sophisticated payment APIs and flexible architecture simplify integration and empower merchants and developers to design and control their own payment roadmap while monetizing their business solution. As a direct payment processor, SecureNet delivers cost effective solutions by passing on significant cost savings to merchants, resellers and partners. Processing over $12 billion in annual transaction volume, SecureNet enables universal commerce for over 14,000 merchants and some of the most well-known brand name partners. For more information, please visit www.SecureNet.com.