Emergent Payments
 | |
| Private | |
| Industry | Payments |
| Founded | 2008(as Live Gamer) |
| Headquarters | Palo Alto, US |
Area served | Worldwide |
Key people | Mitch Davis (CEO) |
| Products | Pay+ |
| Website | http://www.emergentpayments.net |
Emergent Payments is an online payments company focusing on offering local payment methods in global markets to digital companies.[1] Emergent Payments is based in Palo Alto, California. The company facilitates transactions for online games, digital entertainment, technology platforms, e-learning and other digitally focussed companies. The firm also offers risk and fraud protection during those transactions.
Previously, the company was named Live Gamer,[2][3] but in June 2015 it changed its name to Emergent Payments to indicate its shift from gaming e-commerce to the broader market for digital payments. The company also sold its microtransactions engine to focus fully on online payments.[4]
History
Thefirm originated in 2008 as Live Gamer in New York.[5] It was founded by Mitch Davis and Andrew Schneider. Mitch Davis is currently the company's CEO. Emergent Payments is headquartered in Palo Alto, California with a second development center in Research Triangle Park, North Carolina. Emergent Payments has international offices in Luxembourg, South Korea, China, Malaysia, India, Singapore and Japan.[6][7] It has raised over $43.1 Million in 5 Rounds of venture capital funding from 5 Investors .[5][8] In 2015 launched Jumpstart Brazil, which provides 23 local payment solutions.[9]
Products
Pay+ is Emergent Payments' Saas-based payments platform. This service, offers over 200 payment methods in over 180 countries.[10] The firm provides risk and fraud protection including advanced techniques such as IP proxy piercing and device fingerprinting. It handles local compliance and VAT requirements for its clients.
The firm can act as a Seller of Records (SOR), for the transactions and assumes the responsibility of tax calculation, tax collection, funds collection and remittance, risk management, chargeback representment and billing support. Iit provides unified reporting and analytics across all payment methods. F This service provides three integration options to meet the client's specific needs- Hosted Paywall to integrate payment methods in under an hour, Deep Link which is linked to Emergent Payments' hosted payment forms to embed them into the checkout flow and direct integration to the REST API, to easily bring payments to any device.
The Pay+ hosted paywall integrate the process of checkout into the whole system. The paywall walks the customer through selecting payment options and completing their purchase. All these services can be availed from a single Pay+ user interface.
References
- ↑ Schneider, Andrew (2 June 2015). "Live Gamer Re-launches as Emergent Payments". Retrieved 6 June 2015.
- ↑ Unknown, Unknown (2 June 2015). "Live Gamer Re-Launches as Emergent Payments". Yahoo Finance. Retrieved 6 June 2015.
- ↑ Unknown, Unknown (2 June 2015). "Live Gamer rebrands as global payments firm Emergent Payments". Venture Beat. Retrieved 6 June 2015.
- ↑ Pullen, John Patrick (5 August 2010). "How Mafia Wars can fix the media". CNN Money. Retrieved 26 July 2013.
- 1 2 "Live Gamer Lands $2,789,672 New Funding". Retrieved 1 August 2013.
- ↑ Elliot, Stuart (6 March 2012). "Taking a Page From the Web, Magazine Pitches a Social Game". The New York Times. Retrieved 26 July 2013.
- ↑ Rao, Leena (24 August 2009). "Virtual Gaming Marketplace Live Gamer Acquires Twofish To Boost Micropayments Platform". Retrieved 11 August 2013.
- ↑ Kafka, Peter (21 February 2008). "Live Gamer-Sony Deal: $10 Million?". Retrieved 26 July 2013.
- ↑ "Emergent Payments Launches Jumpstart Brazil". marketwatch. Retrieved 3 November 2015.
- ↑ unknown, unknown (22 February 2015). "Company Overview of Live Gamer,". Retrieved 1 June 2015.