Bigpoint Selects Mazooma as its U.S. Online Bank Transfer Partner
Global gaming giant adds payment solution that mirrors widely-used European options
San Francisco, CA (PRWEB) April 04, 2012
Bigpoint, a worldwide leader in online games with more than 261 million registered users, and Mazooma, a next generation payment solution provider for online commerce, today announced an agreement that will enable people who play Bigpoint’s games in the United States to use Mazooma’s instant online bank transfer service to purchase virtual credits for popular online games such as Battlestar Galactica Online, Farmerama, DarkOrbit and Drakensang Online.
“The use of online bank transfers is pervasive in Europe, where we are headquartered, so we are pleased with the opportunity to partner with Mazooma to offer a similar option in the U.S. market,” said Linus Menden, SVP of Finance for Bigpoint. “Mazooma is the only vendor in the U.S. that offers real-time bank transfers, which allows us to continue delivering the best online experience to our community,” added Menden.
According to an Ernst & Young report, processing costs charged by traditional credit card networks are too high on small ticket micropayment transactions. With fees less than half those of credit cards, Mazooma’s payment option is well positioned to decrease payment processing costs and chargebacks in the U.S. for global gaming providers like Bigpoint.
“We are thrilled to partner with an industry leader like Bigpoint,” said Wilson Lee, president of Mazooma. “Our online bank transfer solution was designed to fill a void in the U.S. market for companies like Bigpoint, and is a cost-effective micropayment processing alternative to credit cards.”
Mazooma’s payment network supports 15 of the largest U.S. banks and provides merchants with broad consumer access to over 55 million American households that actively use online banking. The service will be integrated into Bigpoint’s payment system, where users can choose Mazooma’s “Pay with Online Banking” option to complete their purchase, bypassing the need to enter their credit card information. Mazooma’s payment platform is broadly accessible to Bigpoint users through their smartphones, tablets and laptops.
Bigpoint is an online-game developer, publisher and content provider for more than 1,000 global distribution partners. Bigpoint’s free-to-play games are played by over 261 million registered users in over 30 languages. The company’s diversified portfolio includes high quality games for browser, mobile and social platforms. More than 800 employees from over 35 different nations work at the company headquarters in Hamburg, Germany or at other locations in Berlin, San Francisco, São Paulo and Malta. For more information, please visit http://www.bigpoint.net.
Mazooma is an innovative payment solution provider for online commerce. The company’s patented payment system provides an alternative clearing network to credit cards, combining the security of online banking with the speed of a simple transaction process to enable a safe, instant checkout for consumers. Mazooma currently supports the fifteen largest U.S. banks, serving the 55 million American households that actively use online banking. The company’s micropayment solution launched in August, 2011. Mazooma is headquartered in Toronto and has offices in Miami and Chicago. For more information, visit http://www.mazooma.com.
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