7/15/10

Nymgo Partners with GlobalCollect for Online Payment Processing

VOIP provider Nymgo has entered a strategic partnership with GlobalCollect, the world’s premier payment service provider of local e-payments, to process online payments across the world

July 15, 2010

Amsterdam, The Netherlands – Nymgo, a division of Splendor Telecom, enables consumers from all over the world to make cost effective and high quality international calls. Customers can also select a “pay-as-they-go” option to make calls to landlines and mobile phones when using Nymgo. In order to be able to process online credit and debit card payments, Nymgo has entered into a service agreement with GlobalCollect. A further expansion of the partnership to include alternative payment methods for multiple currencies is planned. GlobalCollect’s full service offer also encompasses consolidated reporting for all payments as well as automated fraud screening to minimize the number of fraudulent transactions.

“We looked at several payment service providers to ensure that our customers have a secure online payment experience, and found GlobalCollect to be an outstanding partner,” said Omar Onsi, CEO of Splendor Telecom. ”We based our selection on GlobalCollect’s ability to assist our customers across the globe. GlobalCollect is a partner who not only provides a global service but also instills client trust - while offering the convenience of a wide selection of payment options from one source.”

Jan Manten, CEO of GlobalCollect, continued: “We extend a warm welcome to Nymgo as our latest client from the Telecommunications/VOIP provider industry. By enabling our clients to accept e-payments 24/7 from virtually anywhere in the world, we empower them to serve their customers even better. Our unrivalled portfolio of international, local, and alternative payment methods for 170 currencies positions Nymgo very well today and in the future.”

About Nymgo

Based in the United Kingdom, Nymgo has been providing VoIP customers with the lowest possible rates since 2008. As of May 2010, Nymgo’s software has been downloaded 2 million times with customers around the world talking for over 200 million minutes. In addition to low prices, Nymgo, which is owned by parent company Splendor Telecom, pledges its users high quality audio with excellent customer service. For more information, visit www.nymgo.com

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com

Contact Nymgo

Nancy Hite-Norde

RLM Public Relations

e-mail: Nymgo@RLMpr.com

Contact GlobalCollect

Bettina Duske

Senior Manager

PR & Marketing Communications

e-mail: press.globalcollect@globalcollect.com

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