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Star Vault AB Selects GlobalCollect as Payment Service Provider for its Latest Online Game.

To facilitate secure payments for gamers around the world for its game Mortal Online, Star Vault AB has partnered with GlobalCollect, the world's premier payment service provider of local e-payments

AMSTERDAM, The Netherlands -- A Massively Multiplayer Online Role Playing Game See CRPG.  (MMORPG (Massively Multiuser Online Role Playing Game) A role playing game on the computer played by many people. An MMORPG differs from a regular computer role playing game because its environment is perpetual. ), Mortal Online is currently in public beta and planned to launch throughout Europe and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in Q4. To enable online players to pay for the license and monthly subscriptions, Star Vault has signed an agreement with GlobalCollect to process credit cards, direct debits direct debit
Noun

an order given to a bank or other financial institution by an account holder to pay an amount of money from the account to a specified person or company at regular intervals

direct debit n
, and alternative payments in Europe and the US. Additional countries will be added as the game is being rolled out further.

Henrik Nystrom, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Star Vault, said: "We selected GlobalCollect based on its good reputation and because they presented the best payments strategy for our needs. Plus, GlobalCollect offers the broadest range of local and alternative payment methods - which allows gamers all over the world to pay and play our game."

Jan Manten, CEO of GlobalCollect, added: "Over the last 15 years of servicing the online payment industry, we've gained solid experience offering solutions for the gaming world. Through our single-interface platform WebCollect, payments are fraud-screened, reconciled, authorized, cleared, and reported in real-time. We welcome Star Vault and its next generation MMORPG to our list of innovative game developers."

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About Star Vault AB

Star Vault AB is an independent game developer based in Malmo, Sweden. The company has developed an online game called Mortal Online, which is a Massively Multiplayer Online Role Playing Game (MMORPG). www.starvault.se www.mortalonline.com

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP (Certified Network Professional) A professional designation and accreditation given to individual IT networking professionals by the Network Professional Association (www.npa.org). ) 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 See 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 debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com
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Publication:Business Wire
Date:Oct 26, 2009
Words:393
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