PLPM Profile
Planet Payment, Inc. is a leading provider of international payment and transaction processing services, catering to merchants and financial institutions worldwide. The company offers a suite of payment solutions, including multi-currency processing, which allows merchants to accept payments in multiple currencies while receiving settlements in their local currency. This service enhances the shopping experience for international customers by allowing them to view prices and pay in their own currency, while also reducing the foreign exchange risk for merchants.
In addition to multi-currency processing, Planet Payment provides dynamic curency conversion (DCC) services, enabling cardholders to see transaction amounts in their home currency at the point of sale. The company also offers services such as fraud prevention, data security, and transaction reporting, aimed at improving the efficiency and security of payment processing for businesses. These solutions are designed to meet the needs of various industries, including retail, hospitality, and e-commerce, making international transactions smoother and more secure.
Headquartered in Long Beach, New York, Planet Payment was established in 1999 and has since expanded its operations across multiple regions, including North America, Asia Pacific, the Middle East, and Europe. The company partners with banks, processors, and merchants to deliver customized payment solutions that help businesses grow by reaching more customers and enhancing their payment processing capabilities. Through continuous innovation and a commitment to customer service, Planet Payment remains a key player in the global payments industry.
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