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April 24, 2008

GlobalCollect Expands its Global Presence by Opening an Asia-Pacific Office in Singapore

Next to its European headquarters in the Netherlands and its US office in San Francisco, the world's premier full-service international payment service provider of local e-payment solutions now has a presence in the Asia-Pacific region

Amsterdam, The Netherlands -- In response to continued growth opportunities and increasing demand for e-payment solutions across the Asia-Pacific region, GlobalCollect recently opened its office in Singapore. It will serve as the regional headquarters for GlobalCollect's further expansion across this thriving region where e-commerce is growing steadily.

Jan Manten, CEO of GlobalCollect said: "In a strategic decision to better seize opportunities emerging across the Asia-Pacific region and to be able to move quickly in an extremely dynamic and promising e-commerce environment, we decided to establish a local presence. With online payment acceptance and customer preferences varying greatly from country to country in this region, GlobalCollect is ideally suited to offer full service solutions for processing local e-payments to merchants here. Plus, we can leverage our solid experience in setting up online payment processing platforms across Europe and more recently in the US."

The Singapore office will also serve as a local presence to support GlobalCollect's growing portfolio of existing clients across the Asia-Pacific region which already includes Air China, PC Tools, StrawberryNET and Nespresso Asia.

Contact GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
e-mail: press.globalcollect@globalcollect.com

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