Capita PLC Capita wins new payments solution contract
January 24 2019 - 4:41AM
UK Regulatory
TIDMCPI
Capita wins new contract to deliver payments solution for gaming industry
Capita plc (Capita) has been selected by Luxon Payments to deliver its
integrated payments solution Pay360 and fraud protection solution Optimize in a
new three-year contract.
To support global expansion in the gaming world, Luxon Payments is creating a
new online and mobile gaming e-wallet, which will be protected by Capita's
Optimize and powered by its Pay360 solution.
The unified Capita solution will help Luxon Payments:
* limit the risk of fraud and reduce cost;
* increase consumer choice over methods of payment via both online and mobile
app channels;
* and allow access to banking facilities in more than 30 countries.
Jon Lewis, Chief Executive Officer, Capita, said: "This a significant contract
win for Pay360 and a great example of Capita's growing, specialist,
market-leading technology. It is efficient and secure, helps introduce new
payment channels to our client and improves the service they can offer
customers.
"Capita Software is focused on expanding our scalable payments solutions across
global markets and sectors."
Capita Software delivers market-leading technologies in payments, fraud
protection and income collection, and has identified including Pay360 as a key
product for accelerated growth and international expansion.
Terry Cave, Chief Executive Officer, Luxon Payments, said: "Capita's solution
is helping us tackle some major industry challenges around compliance and
responsibility within the areas we work.
"Advanced anti-money laundering capability and fraud monitoring, paired with
data insight, allow us to see the complete picture and protect us from fraud,
while providing a truly enhanced customer experience.
"Capita is working closely with us to extend our vision of a truly global
payments platform and we look forward to delivering a world-leading gaming
payments solution."
Ends
For further information, please contact:
Investor enquiries
Andrew Ripper, Head of Investor Relations
Fiona O'Nolan, Investor Relations Director
Tel: 020 7654 2220/020 7654 2281
Email: IRteam@capita.co.uk
Media enquiries
Capita press office
Tel: 020 7654 2399
Email: media@capita.co.uk
Notes to editors
Capita's Pay360 has 18 years of experience in providing first class payment
platforms, and in 2018, Pay360 processed 255 million card payments, with a
value of GBP11 billion. The multi-channel solution can be deployed alongside
existing payment solutions and gives our clients full control over customer
experience.
Capita is a leading provider of technology-enabled business services, operating
across five key markets: Software; People Solutions; Customer Management; IT &
Networks; and Government Services. Working across the UK, Europe, India and
South Africa, we use our expertise, talent and technology to partner with our
clients to transform services and add value for all their stakeholders. Capita
is quoted on the London Stock Exchange (CPI.L). Further information on Capita
can be found at: http://www.capita.com
Luxon Payments
Here at Luxon, we believe in the power of new technology to change business for
the better. That's why we built the Luxon Payments platform, enabling merchants
to accept, multi-currency payment from more than 10 different countries. The
simple customer interface accepts a wide array of payment methods, while also
incorporating a high level of the latest identification software using
biometrics and anti-money laundering technology."
END
(END) Dow Jones Newswires
January 24, 2019 04:41 ET (09:41 GMT)
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