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Lotaris Expands Payment Methods for in‐appCommerce through Partnership with PayPal - Lotaris announced the conclusion of a strategic partnership with PayPal™, one of the largest online payment systems in the world, to expand the payment methods of its Lotaris® in-appCommerce product - PayPal.com / Lotaris.com
Lotaris Expands Payment Methods for in‐appCommerce through Partnership with PayPal

 

NewswireToday - /newswire/ - Yverdon-les-Bains, Vaud, Switzerland, 2013/08/13 - Lotaris announced the conclusion of a strategic partnership with PayPal™, one of the largest online payment systems in the world, to expand the payment methods of its Lotaris® in-appCommerce product - PayPal.com / Lotaris.com.

   
 
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Under the agreement, PayPal is the newest payment provider for the Lotaris in-appCommerce platform. This means that all developers using Lotaris in-appCommerce will now be able to offer their end-users the ability to make purchases using their PayPal account. This is in addition to the current payment methods that Lotaris in-appCommerce already supports, which includes credit cards and mobile operator billing in 80 countries.

Lotaris in-appCommerce, which handles the licensing and payments of digital goods and services within mobile apps, enables developers to distribute and monetize their apps across more platforms and devices with a single code base, saving both development time and effort. This leaves developers free to create more amazing apps and games. Today Windows developers worldwide are already using Lotaris in-appCommerce, and in September the solution will be expanded to include Android and shortly thereafter, HTML5 apps.

Lotaris Founder and CEO, Robert Tibbs, commented: “We are positioning Lotaris in-appCommerce to be the most comprehensive independent commerce and payment service for mobile and web developers. Hence we are extremely pleased that PayPal shares this vision. With this strategic partnership, developers on Lotaris in-appCommerce will have a broader range of options, yet take home a higher share of the revenue from their apps than the 70% they are typically used to on most app stores.”

Matthias Setzer, PayPal’s Senior Director Merchant Services and Innovation: “We share the vision of Lotaris and are pleased to engage in a strategic partnership with them. The services that Lotaris provides complements our payment solution very well and we look forward to embark on a long-term relationship with them for the Windows platform, Android, HTML 5 and other operating systems.”

About Lotaris

Lotaris (lotaris.com) is a global independent in-app commerce provider offering developers the most comprehensive suite of services to support their monetization needs.

Delivering apps and services to millions of users on behalf of large enterprise software vendors, Lotaris solutions are also available for smaller independent developers and game publishers through its in-appCommerce service. Lotaris supports all major open platforms, in-app business models for both purchasing and advertising through any channel, and all major payment methods integrated seamlessly on one award-winning platform.

Based in San Francisco, Switzerland, Singapore and Tokyo, Lotaris provides services world-wide for customers and partners including Microsoft, Symantec, Sega, Capcom, Digital River and others.

About PayPal™

PayPal (PayPal.com) is the faster, safer way to pay and get paid online. The service allows people to send payments without sharing financial information, with the flexibility to pay using their account balances, bank accounts (where available), credit and debit cards in various markets. PayPal is an eBay company and enables global e-commerce with over 132 million active accounts in 193 markets and 25 currencies around the world. PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.

 
 
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Written by / Agency / Source: Lotaris

 
 

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Lotaris Expands Payment Methods for in‐appCommerce through Partnership with PayPal

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Publisher Contact: Laurent Stieger - Lotaris.com 
+41 24 423 92 50 info[.]lotaris.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Lotaris securities in any jurisdiction including any other companies listed or named in this release.

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