365 Billing Announces New EU Division

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365 Billing, a registered Internet Payment Service Provider (IPSP), today announced that it has officially been certified as an EU IPSP.

365 Billing, a registered Internet Payment Service Provider (IPSP), today announced that it has officially been certified as an EU IPSP.

For online merchants based in the US and EU selling products and services, 365 Billing offers a turnkey processing solution including multiple payment options, fraud and risk management, affiliate software and customer contact services. 365 Billing webmasters will experience higher approval rates and better retention due to state-of-the-art fraud management systems and unique marketing tools.

Mark Smith, President of 365 Billing exclaimed, “This is a very important day for EU based online merchants. Having sound payment alternatives is important for the online subscription industry. But more important, we will give merchants better tools, better approval rates and better retention rates.”

John Duffy, CEO of 365 Billing said, “We are very excited that we have been able to combine this tremendous team of billing professionals with these solid banking relationships. There are now more than just two IPSP choices with both US and EU options for online businesses. It is clearly important to the industry to have strong alternatives available.”

About 365 Billing:

The core asset of 365 Billing is the people; a group of seasoned professionals with years of successful operating experience in the consumer billing space. With solid backgrounds in banking and finance, IT, contact center management and online processing; the 365 team is dedicated to providing unparalleled support for online content merchants.

The 365 Billing fraud protection system has been designed first and foremost to maximize approvals. This is accomplished by utilizing state-of-the-art neural technologies, thousands of compound rules, positive and negative custom filters, and client’s unique experiential data to produce a comprehensive and distinct recommendation for each and every transaction. We slice out fraud with a scalpel, not a butcher knife. The result is not just the prevention of fraud, but more first-time approvals, more residual sales and higher profits.

365 Billing's core products support billing for online subscriptions. Credit card, ACH, phone billing and SMS are just a few of the payment products 365 Billing offers. We provide a rich suite of solutions including password management, customer service, enhanced risk management services, affiliate management and retention tools. http://www.365billing.com

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