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Last updated on April 19, 2014 at 13:20 EDT

Paymetric to Power Global Payment Processing at Lenovo

August 21, 2008

Paymetric, Inc., a leading provider of innovative payment card solutions, announced today that Lenovo, the world’s third-largest manufacturer of personal computers, has selected Paymetric to provide integrated and secure payment card processing in Lenovo’s global instance of SAP(R).

Lenovo is a global organization that consistently faces the complexities of accepting and securing credit card payments across multiple geographies, currencies and channels. Understanding the critical nature of integrating payment card transactions in SAP, Lenovo selected Paymetric’s SAP-certified on-demand solution to provide the enhanced data security protection, greater reliability and scalability the company required.

Paymetric’s on-demand service for Lenovo’s global SAP environment allows the company to accelerate and expand their payment security and compliance measures, reduce maintenance and IT expense, and consolidate credit card processing requests through a single SAP-certified interface. The solution also links to clearinghouses for processing and integrates Lenovo’s global payment processes with SAP’s full suite of system solutions.

“We are pleased to add a company of such stature and renowned innovation as Lenovo to our client roster,” said Larry Wine, CEO at Paymetric. “This opportunity stands as further testament to the demand for a secure, payment processing service that integrates with enterprise applications like SAP and provides ease of use and on-demand functionality.”

Paymetric’s integrated payment acceptance solutions enable companies to accept, manage, and protect payment card transactions across a variety of enterprise applications, including SAP solutions. For more information about Paymetric visit the company’s web site at www.paymetric.com.

ABOUT PAYMETRIC

Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise applications, most notably from SAP. Paymetric combines proven expertise in ERP payment processes with powerful software and services to improve return on card acceptance, optimize purchase card programs, and reduce barriers to compliance. Paymetric is an Austin Ventures portfolio company and an award-winning SAP software partner. Visit www.paymetric.com for addition information.