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Net1’s Ceevo Launches New Payment Solution in Europe

Net1 UEPS Technologies, Inc. announced that it has launched its automated onboarding payment gateway solution across Europe, offering local merchants a fast and simple plug-and-play payment solution to help them capitalize on growing cross-border e-commerce opportunities.

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Net1’s Ceevo, formerly known as the International Payments Group, leverages its international reach and financial and technological expertise, to handle all the complexities of international payments including security, regulation, and a vast range of payment options so that merchants can focus on growing their businesses.

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Ceevo’s solution is now available to all European merchants. Ceevo believes that the speed and simplicity of accepting electronic payments through its solution, together with its cross-border and compliance expertise, will be particularly attractive to underserved merchants in Eastern Europe who are either too small for large, multinational players, or underserved by local players who are unable to provide the necessary solutions to meet the international aspirations of these merchants.

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“We are delighted to launch our Ceevo brand along with the first of our payment services developed on our new technology platform,” said Herman Kotze, CEO of Net1. “Our Ceevo team will focus on providing seamless, secure and trustworthy payment services that will enable European merchants to participate in global ecommerce activities by accepting payments from anybody, in any currency, from anywhere in the world.”

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