an outstanding summer!!
june / july / august 2011
uk / europe
 


YESpay Appoints Simon Curtis as the SVP Strategic European Sales

Simon Curtis has recently joined YESpay's headquarters in the UK, as the new SVP European Strategic Sales & Business Development.
 
 
Pennies The electronic charity box  


YESpay and Itim software bring Pennies, the electronic charity box to the high street with retailer - The Entertainer

New software developed by YESpay International and Itim has been instrumental in the launch of Pennies, the electronic charity box, onto the high street for the first time.
 
retailit  


Retail IT 10th birthday event on 15th September 2011

On Thursday 15th September, Retail IT, one of the great long-term partners of YESpay, will be celebrating 10 years providing software for retailers - Join us!!
north america


YESpay wins the ACT Canada GOLD International Innovation Award 2011!

We are proud to announce that YESpay International received on June 15th the ACT Canada Gold International Innovation Award 2011 in the category Payment for its unique integrated and fully managed EMV Chip & PIN card payment service called EMBOSS
 
 
Pay the New Way 2011  


Pay the New Way 2011 - YESpay's 1st Annual Partner event in collaboration with ACT Canada 13th June, 2011

On June 13th 2011, YESpay hosted in collaboration with ACT Canada its first Annual Partner Event, "Pay the New Way 2011" at Marriott Gateway on the Falls, Canada. What did partners think of this 1st YESpay event?
 


Pacific Amber and YESpay's partnership takes another dimension as large numbers of merchants go live in North America!

A growing number of merchants in Canada and USA are now Live and EMV Chip & PIN enabled thanks to the trio: Pacific Amber Technologies, YESpay International and Chase Paymentech!
  Pacific Amber TECHNOLOGIES
 
 


Following increased activity, YESpay moved to larger premises in downtown Toronto.

The expansion and change of location reflect YESpay's strong commitment to the North American market where the activity increased significantly in the past months.
 


YESpay is growing!

YESpay recently added three more members to its ever growing team of committed professionals.
 
 

YESpay Appoints Simon Curtis as the SVP Strategic European Sales

 
Simon Curtis has recently joined YESpay's headquarters in the UK, as the new SVP European Strategic Sales & Business Development. Simon Curtis brings more than 20 years of experience in retail covering business consulting and IT systems delivery. He also successfully ran a retail IT Software Company for 10 years, delivering enterprise and point solutions to UK and overseas clients.

Simon's arrival in the European team is part of YESpay expansion strategy in the UK and mainland Europe. "YESpay is uniquely placed to offer merchants a fully integrated multi-channel payments platform, full multi-channel service by leveraging our partnerships with software POS developers. I see tremendous growth opportunities for us in mainland Europe and fully expect to bring on board a number of large cross-border partners and merchants for such a compelling product" declares Simon.

He is already the source of excitement in the company as he explains his role and why he joined YESpay. "My goal, as the SVP of European Strategic Sales and Business Development, is simple: it is to get YESpay recognised and established in Europe as one of the leading payments service providers and as a full multi-channel service". To achieve this Simon Curtis is looking to expand YESpay's presence in continental Europe leveraging cross-border customers present in the UK and in Ireland and bringing on board new partners.

This predicted European growth is very promising as YESpay is the only payments service provider to offer unique value added services powered by a highly resilient system based on cloud computing architecture. "YESpay has proved itself to be a very successful business, not only because of its innovative products but also because of its business foundation allowing the high efficiency of the service" comments Simon Curtis.

YESpay is today present in 35 countries in Europe through its certification with Elavon. Simon Curtis admitted that "the majority of our business is in the UK, but I can imagine that in 3 to 5 years the proportion of European cross-border sales compared to UK sales will grow to 60% of our revenue".

"What attracted me to YESpay is their big sense of innovation: they are the first to develop their managed service on 'active active cloud computing architecture' and are now leading innovators in multi-channel payment solutions." He also explained that his time will be focused on developing the strategic partner and merchant community as "our partners are key and we need to forge closer relationships, understand their clients' needs and help them navigate through complex regulation and security issues surrounding the payments industry."

"YESpay is expanding to the next level in the market and this is the right time to launch our strategies for growth. We are delighted to have Simon join the senior management team, his knowledge and experience in retailing and consulting will be a valuable asset to YESpay and our partners" affirms Rohit Patni, co-founder and EVP Sales & Marketing of YESpay.

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YESpay and Itim software bring Pennies, the electronic charity box to the high street with retailer -The Entertainer

Pennies The electronic charity box

The software developed by YESpay and Itim has been instrumental in the launch of Pennies, the electronic charity box, onto the high street for the first time. Through 57-store children's toy shop chain,
The Entertainer, consumers now have the choice to round up their card purchases to the nearest pound and make a micro-donation to charity as they pay. All the money raised goes to charity.

YESpay has incorporated the 'Pennies solution' into its payments software which is supplied to partners and merchants. Itim has integrated the YESpay application with the Itim Point of Sale and back office software. This additional functionality has enabled The Entertainer to implement Pennies simply and quickly in its stores. It will also make Pennies implementation simple for other YESpay and Itim merchants, allowing them to easily and cost-effectively participate in a growing micro-donation movement which is proving popular with UK consumers and starting to make a difference for charities too.

The majority of the money raised by The Entertainer will be shared equally between four children's hospitals, Alder Hey Imagine Appeal, Birmingham Children's Hospital, Wallace & Gromit's Grand Appeal which fundraises for Bristol Children's Hospital and Great Ormond Street Hospital Children's Charity. The remainder will be divided between ten other UK charities covering a range of causes including the elderly, cancer support and arts & education.

The Entertainer is the largest independent retailer of toys in the UK, with 30 years' experience. The Entertainer is involved with many charities big and small and stores are encouraged to get involved with their local community.

Commenting on the partnership with Pennies, Chandra Patni, CEO of YESpay International, commented: "It is a pleasure to bring Pennies, the electronic charity box, to The Entertainer's 57-store high street chain. We are very excited to be part of the micro-donation movement as a key technology partner of Pennies and look forward to helping them expand the electronic charity box to more YESpay partners and merchants."

Neil Crawshaw, Commercial Manager of Itim, said: "Following the initial success with The Entertainer, we will be strongly urging all our store customers to follow suit and implement this simple way of raising donations for both worthwhile causes and local communities."

Gary Grant, Managing Director of The Entertainer, said: "Pennies fits well with our culture of giving and supporting those less advantaged than ourselves. Our trial in four stores raised over £150 in its launch week, annualised this could raise around £100,000! That's just outstanding and we are grateful and amazed by the acceptance and generosity of our customers."

Alison Hutchinson, CEO of The Pennies Foundation added: "We're excited at the pace of Pennies development. It is fantastic to launch our first in-store high street experience within the fun and friendly environment of The Entertainer's toy shops. Last year £26 billion* more was spent using debit cards than using notes and coins. The death of cash is not around the corner, but card use is now massive and rising. Pennies makes it possible to give a little to charity by card in the same way that we've traditionally dropped coins into a collecting tin."
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retailit
On Thursday 15th September, Retail IT, one of the great long-term partners of YESpay, will be celebrating 10 years providing software for retailers – Join us to have the chance to interact with great guest speakers, network with some of UK's most interesting retailers, and to have a closing Reception in a charming venue. This event will take place at The Fashion & Textile Museum, a cutting edge centre for contemporary fashion, textiles and jewellery in London. Ruta Julius, National Sales Manager at YESpay will be a guest speaker and will provide an insight on "The New Way to Pay" with YESpay.

The Agenda (subject to changes) will be:

Activity Speaker
Retail IT Direction James Rodger
Managing Director – Retail IT
Adopting multichannel strategies Mike Easton
Managing Director - Retail Answers
Retail Technology trends Sylvain Jauze
Director of international operations - Cegid
The New Way to Pay Ruta Julius
National Sales Manager - YESpay
Conclusion & celebration with champagne Drinks & Canapés Alan Holcroft
Sales Director – Retail IT


Why you should participate?

- Come listen to industry leading speakers

- Hear about Retail IT's strategic vision

- Socialise with some of the UK's top retailers

- Great reception: Drinks & Canapés



Customers are able to RSVP by filling in the form at www.retailit.com/flyers/10thbirthday-signup You can also call directly 020 8605 9768, or email marketing@retailit.com For more information on the venue, visit: www.ftmlondon.org/
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YESpay wins the ACT Canada GOLD International Innovation Award 2011!

YESpay International received on June 15th the prestigious ACT Canada Gold International Innovation Award 2011 in the category Payment for its unique integrated and fully managed EMV Chip & PIN card payment service called EMBOSS. The award was issued at the recent Cardware Conference in Niagara, Canada. Through this highly renowned award, the payment industry also recognizes that YESpay is actively helping North American merchants and Point-Of-Sale (POS) vendors to reduce the burden of costly and lengthy PCI-DSS certification and EMV Chip & PIN accreditation of their multi-channel retail, e-commerce and MOTO payment systems.

Indeed YESpay is the first company that has introduced a fully managed and outsourced Chip & PIN EMV integrated
Photo: L-R - Rohit Patni, Co-founder & EVP Sales and Marketing (left); Harry Morge, National Sales Manager; Sophia Dahri, Marketing & Sales Manager; Chandra Patni, Co-founder and CEO (Right), YESpay International Ltd.
payment service in North America, generically pre-certified with various card acquirers like Chase Paymentech and First Data Merchant Services.

With a solution like YESpay, offered as a SaaS (Software as a service) model, the success comes from YESpay's ability to mitigate the merchants need to certify their retail systems to EMV standards enabling them to fast track the deployment of fully approved point-of-sale systems and e-commerce websites in a matter of weeks at low monthly subscription fees. In addition, EMBOSS significantly reduces the burden related to PCI-DSS compliance, as YESpay removes any sensitive card details from the merchant's environment.

Interestingly YESpay is also going beyond the multi-channel Card-present and Card-not-present environment by offering a number of powerful value added services such as a Gift Card program, the YESpay-StoreManager, a YESpay-Wallet and numerous other features.

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Pay the New Way 2011

Let's share the joy of Pay the New Way 2011! YESpay's 1st Annual North American Partner event

On June 13th 2011, YESpay hosted in collaboration with ACT Canada its first Annual Partner Event, 'Pay the New Way 2011' at Marriott Gateway on the Falls, Canada.

During this event, YESpay brought together some of Canada's leading payment experts including ACT Canada, First Data Merchant Services, Chase Paymentech and Global Payments under one roof to share their perspective regarding EMV and YESpay's integrated payment solution and to give their vision on what is next! It was also a great opportunity to have fruitful conversations and gather interesting insights from POS vendors like Cardwatch sharing their experience on the "criteria for selecting a Partner for EMV ready solutions". Besides, attendees discovered YESpay's new global brand and communication identity that is set to embrace how customers will 'pay the new way'!

On behalf of the YESpay team, we would like to thank all presenters and attendees for participating at this event! Thanks to your collaboration, we made this event a real success!

If you could not attend this year, do not worry as YESpay will organize a 2nd Partner Event next year and it would be the perfect occasion to gather around new interesting topics, such as recent developments, new deployments & value-added services and how we can do more leveraging these valuable partnerships.

What did partners think of this 1st YESpay event?

"The YESpay partner event was very valuable in helping to better understand the YESpay solutions and for networking with the represented acquirers."

Bill L. Clements, Manager, Client Relations, Pulse Retail

"The YESpay Partner Event turned out to be a highly enlightening and informative event that also provided some unique industry networking opportunities. It's great to work with a company that invests in its partners!"

Kevin McIntosh, VP Business Development, Cardwatch

"The YESpay partner event was yet another example of the company's commitment to the Canadian market. We were very pleased with the content and YESpay's obvious commitment to their business partners."

Scott Smith, General Manager, Canadian Retail Solutions

"It was great to learn about YESpay's vision and the direction of their payment solutions for different business requirements. I am impressed that YESpay is so aggressive and has such wide coverage in payment solutions."

Jack Chen, Sales Manager, TechRider Information Solutions

"I really feel that YESpay is on the right track and has the solutions necessary for on-line businesses."

Dave Patterson, Co-Founder, UME Interactive

Hope to see you at next year's Pay the New Way 2012!

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Pacific Amber TECHNOLOGIES

Pacific Amber and YESpay's partnership takes another dimension as large numbers of merchants go live in North America!

A growing number of merchants in Canada and USA are now Live and EMV Chip & PIN enabled thanks to the trio: Pacific Amber Technologies, YESpay International and Chase Paymentech! Adoption is now exploding because of this successful partnership and the increasing need to adopt Chip and PIN in Canada as a result of the EMV liability shift.

Validated for EasyV-Retail, YESpay's EMV card-present payment solution, Pacific Amber Technologies is offering a unique proposition for EMV Chip and PIN and magnetic stripe credit and debit card acceptance in Canada and US. Live merchants like House of Knives and John Fluevog have been EMV enabled this year and are currently using this joint solution.

Pacific Amber is also integrating EasyV-Internet to expand its payment service proposition. Both EasyV-Internet and EasyV-Retail support credit/debit card tokenization for free. These unique 'Tokens' (card reference numbers) are linked to individual cardholder details stored in PCI-DSS certified EMBOSS data centres, enable merchants to take recurring payments without access to full cardholder details.

Mike Piotrowski, President of Pacific Amber Technologies comments "The uniqueness of YESpay's payment solution which is fully managed, multi-channel, cross-border and EMV certified, was the answer to our payment needs. [...] AmberPOS has been a successful software for years and we are always looking for new ways to provide our customers with more features, including new payment processing options."
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Following increased activity, YESpay moved to larger premises in downtown Toronto, Canada.

YESpay recently moved from its previous location on Richmond Street West to a bigger office in the heart of Toronto, on Spadina Avenue. The expansion and change of location reflect YESpay's strong commitment to the North American market where the activity increased significantly in the past months. Indeed, with this new office and a new innovative corporate branding, YESpay is determined to assist its North American customers to "pay the new way", as indicated in the company's new tag line.

Headquartered in London (UK), YESpay has established its presence in UK and Europe since 2002, providing European retailers with its EMV Chip and PIN and multi-channel credit and debit card payment solutions. YESpay has drawn upon its UK experience to become the FIRST hosted EMV Chip & PIN payment service provider in Canada in 2010, less than one year after the opening of its Toronto office.

Since 2009, YESpay has an office in Toronto and now with a bigger premise and its payment solutions well recognized and launched in North America, YESpay is planning to develop its multi-channel (Card-Present and Card-not-present solutions) offering and to build on value-added services like the YESpay StoreManager and the Gift-Card Solution. Those developments are in tune with the market trend - although of course a number of merchants and POS vendors still need to upgrade towards EMV – as the payments industry is slowly focusing on other channels and value-added services. This is exactly the multi-channel vision YESpay has and the expansion will ensure YESpay`s offering will be given even more credibility and confidence as a sound and efficient payment service.
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YESpay is growing!

In addition to Simon Curtis, YESpay welcomes 2 new members to its ever growing team of committed payments professionals.
Bernedene Besterwitch, Marketing & Research Executive
Bernedene.Besterwitch@yes-pay.com

Bernedene Besterwitch joined YESpay International in July 2011 as Marketing & Research Executive. Prior to YESpay, she worked for AEGON Religare Life Insurance in India as a Life Advisor and then worked as a Sales & Marketing Trainer. Bernedene has also worked with Educomp Solutions in India as a Sales Executive and is currently associated with The British Council as their Indore Representative. She graduated in Taxation and did her PG in Journalism & Mass Communication. Bernedene is fluent in English, Hindi and French.
   
; Tapas Das, Assistant Project Manager
tapas.das@yes-pay.com

Tapas joined YESpay in June 2011 as Assistant Project Manager. He has a total of 12 years of experience in IT and had worked around 7.5 years in Tokyo, Japan with large financial institutions like Nikko Citi Group and Nomura Group where he was Responsible for development of various financial tools and applications. Tapas holds a Master degree in Computer Application and is also an Oracle Certified Professional.
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