Mobile gaming booms
PayPoint.net's real-time API helps drive huge rise in
transactions at mFortune
PayPoint.net, the online payments provider, has reported
that mobile phone payments hit jackpot levels at the end of
2011, with mFortune, the leading mobile gaming service,
revealing that it saw a 36% rise in transactions during
November and December.
The PCI compliant payment gateway from PayPoint.net
provides a real-time API to ensure its clients' customers
receive the credit they pay for immediately and securely,
so they can begin playing instantaneously - something which
is critical to the success of mobile applications.
Glenis Poletti, Business Manager, mFortune, said: "2011 was
mFortune's busiest ever year as smartphones have started to
become more of an established part of the gaming industry.
We only take payments from our customers through mobile
devices so PayPoint.net's secure system has played a
significant part in our achieving this extraordinary
growth.."
mFortune, which allows players to upload credit into a
gaming account and pays out winnings into that same
account, has quickly established itself as the leading
brand in mobile gaming and has just launched a first-of-
its-kind multiplayer Texas hold 'em poker game. The appeal
of the company is that players can participate in bingo and
other casino games anywhere and at any time via their
mobile phone. With the majority of customers playing for
money rather than just fun and with monthly prize payouts
of up to £18m, it is crucial that mFortune has the ability
to take and monitor transactions swiftly.
The flexibility of PayPoint.net's API has made it possible
for mFortune to transition to different card acquiring
banks without having to amend its integration. PayPoint.net
offers a wide range of acquirers in both the UK and
worldwide, supporting fast growing gaming businesses to
adapt to changing requirements.
Glenis Poletti added: "Outsourcing payment processes to
PayPoint.net has enabled mFortune to focus on our core
business of innovating and servicing our customers.
mFortune's popularity has been assisted by PayPoint.net's
capacity to offer a wide variety of payment options, which
ensures there is more choice for customers paying in credit
to their account.
"2011 has been a fantastic year for us and we've seen the
business and brand going from strength to strength. It is
crucial that we have a payment provider that is well
positioned to meet our needs and is able to cope with high
levels of demand. As a company experiencing rapid growth,
it is reassuring to know that our payments are being taken
care of and that our provider can maintain the same high
level of service as we continue to flourish."
Michael Norton, Managing Director, PayPoint.net, commented:
"We are delighted to be helping in the development of this
exciting new market and to have assisted mFortune achieve
another record breaking year. It is crucial for any gaming
operator to be able to transition easily to the acquiring
bank most suited to their needs, so it's a real bonus not
having to re-integrate. We're also committed to the quality
of our API services, as it is vital in the mobile industry
that transactions are completed immediately so that the
business runs smoothly. We look forward to 2012 being just
as successful and processing even more record breaking
levels of transactions."
About PayPoint.net
PayPoint.net is a tier one internet payment service
provider that helps businesses take advantage of the
opportunities, and manage the risks, of trading online.
Drawing on its 14-year heritage in online payments, it
provides a highly secure payment platform and FraudGuard,
one of the most advanced online fraud management systems on
the market.
Its customers span high-profile retail brands such as
WHSmith, Links of London and Firebox.com, small businesses
and start-ups, for which it can arrange all the facilities
needed to trade online in just 24 hours.
PayPoint.net is certified to the highest level of the
Payment Card Industry Data Security Standard (PCI DSS),
offering all its customers compliance by default.
Additionally, it has links with all multiple acquiring
banks and accepts all major payment cards and online
payment schemes.
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