Javien Unveils First Payment Gateway Tailored For New Media
Javien Digital Payment Solutions recently unveiled the Javien New Media Payment Gateway, the first transaction payment gateway tailored specifically to the needs of companies that sell digital assets like music, movies, games and software, whether sold via the Internet, or to mobile phones. For the first time, these companies can access a total commerce solution for all they require to sell digital content, via a single login.
Before this release, companies faced a considerable challenge when it came to selecting and managing all the vendors and partners needed to deliver digital content successfully to their customers. Even if they were able to gather and implement the best technologies and payment gateway providers for their unique needs, ongoing management became an administrative burden, requiring more manual reconciliation of reports from various systems. The integration of the Javien New Media Payment Gateway within Javien's Total Commerce Solution has reduced these burdensome requirements while also providing a merchant portal that centralizes customer care.
"Our platform doesn't just deliver the full breadth of technology needed to successfully sell music, movies and games - it also streamlines the entire range of merchant processes by providing a central management point for administering billing and customer care," said Leslie Poole, Javien CEO. "When a merchant is encountering an issue with processing a purchase, it needs more from its payment processing partners than an email form and a response 48 hours later. If the merchant is using our platform and payment gateway, it can access an actual person who will help address the issue as well as a way to track its resolution."
The Javien New Media Payment Gateway, with payment processing handled through Optimal Payments, provides real-time authorization for VISA, MasterCard, American Express, Discover, Diners, debit cards and electronic check payments while delivering purchase response in less than three seconds. A range of choices for financial institution and payment schedule promotes quick settlement of funds, and the ability to accept, process and settle multiple currencies eliminates exchange fees for consumers. The gateway also includes fraud protection capabilities utilizing the 3-D Secure(tm) protocol developed by Visa.
Current Javien customers can implement the Javien New Media Payment Gateway with a few clicks, by signing up through the Javien DPS 8.0 merchant administration portal. New customers can use the gateway as an a la carte option or as part of Javien's Total Commerce Solution. Optimal Payments provides the payment processing support for this new Javien product.
Javien's Total Commerce Solution answers the need for a range of specialized features that are critical to selling digital content. In addition to requiring a mechanism to deliver the digital media to the customer, in order to meet customer preferences, merchants also must be able to accept a variety of payment methods, going beyond credit and debit cards to include Paypal accounts and even direct billing of cellular and landline telephones. They also need options to implement multiple pricing models - not just for a la carte purchases of single digital files, but also for subscriptions of any term (day, week, month), pay-per-view or pay-per-download, even parent-child sponsorships and free trial or discount programs. Finally, because individual digital assets are often low-ticket items (under $5), sellers need a way to minimize payment processing fees and protect their margins. The Javien Total Commerce Solution simultaneously answers all these needs, leveraging Javien Micropay's adaptive micropayment technology to aggregate and batch transactions according to business rules and minimize transaction-processing fees.
"The range of capabilities that Javien provides within a single offering is impressive to say the least," said Marty Lafferty, CEO of the Distributed Computing Industry Association (DCIA), the leading global peer-to-peer (P2P) industry trade organization. "Given its flexibility in terms of both payment options and currencies, the potential for its international use by legitimate peer-to-peer file-sharing networks is immense."
Javien will be providing demonstrations of its technology in booth R34.11 at the MIDEM Conference in Cannes France, from January 27-31.
About Javien Digital Payment Solutions
Javien Digital Payment Solutions, Inc. delivers to content providers a total commerce solution for powering online and off-deck mobile sales of digital content and physical goods. Flexible, adaptable and scalable, Javien's hosted platform powers sales for leading companies in entertainment, media and publishing including K2 Network, Ruckus Network, SNOCAP, FUZZ, BETA Records, Hungama Mobile, Forbes.com and Thomson. Javien is backed by K&K Capital Group, which ranks among the most significant financial groups in the Czech Republic. It manages assets of 2 billion USD and employs more than 7,000 people. K&K Capital Group's portfolio includes more than 20 companies around the world.
3-D Secure(tm) is a registered trademark of Visa International Service Association.
SOURCE: Javien Digital Payment Solutions, Inc.