Global Payment Solution Provider Launches London Office as European Demand Soars

BlueSnap capitalizes on growth in region; establishes permanent base

Waltham, Mass.—June 5, 2013—A global payment solution provider today announced the opening of a London office to meet unprecedented demand for its products in Europe. BlueSnap, which currently works with more than 5000 merchants worldwide, announced the move as part of a strategic plan to grow its market share of the burgeoning payment solutions market globally.

The company has also confirmed it is in advanced talks with multiple additional merchants keen to use its solutions, which optimize the checkout experience for merchants and assist in converting more shoppers to buyers.

BlueSnap’s London base supplements the company’s existing offices in Silicon Valley, Boston, Mass. and Israel and enables the company to capitalize on the rapid growth of web-centric businesses in what is arguably Europe’s largest tech hub, whilst also becoming a launchpad for further expansion across the continent.

The company was also recently awarded PYMNTS.com’s highly acclaimed 2013 Innovator Award, and announced a new merchant control panel, SnapConsole, to allow merchants to expedite their setup process and get their business up and running quickly.

Ralph Dangelmaier, CEO of BlueSnap, said: “It’s fair to say that U.K. startups face a greater challenge achieving scale in their local market than their U.S. counterparts. The challenges of operating in relatively smaller economies mean that companies have to internationalize at an earlier stage in their development, and this can be tough. It is in this area that we believe we can make a real difference to the startup eco-system. We offer more payment methods than any of our competitors and can bring award-winning expertise to bear in helping young companies to create check-out systems that make sense wherever their customers live.”

“BlueSnap has a rapidly expanding global customer base, and it is imperative that we build an organization that accommodates the needs of our customers. Our announcement today is key to that expansion and our desire to offer the very best products and services to our customers, regardless of where they are based in the world.”

“Instant global access, a flexible, immersive checkout experience, Smart Subscription functionality, and merchant and shopper support is what today’s online businesses require, and that is where BlueSnap thrives.”

“Opening our London office is a very exciting move for us. Our continued expansion and product development are all designed to help provide merchants with the solutions they need to maximize their selling potential; this will ultimately drive success for online businesses around the world.”

About BlueSnap

BlueSnap is a global payment service provider and an international payment gateway powering the checkout process for eCommerce merchants worldwide, and fueling growth for online businesses serving digital, physical and mobile markets. BlueSnap has reinvented the checkout experience by combining the power of four key components: Seamless integration into the storefront, global payment processing, award winning smart subscriptions, and dynamic marketing tools for up-sell at checkout.

Serving over 5000 merchants, and supporting shoppers in 180 countries by localizing the experience, with 28 languages, 60 currencies, and 110 payment types, BlueSnap is powering buys for merchants around the globe, and fulfilling their promise to convert more shoppers to buyers worldwide.

Learn more at www.bluesnap.com.