The Counting House Group has announced its recent acquisition of a majority interest in Isle of Man based payment services provider Payment Goblin Ltd.
While relatively new on the block, Payment Goblin has quickly established itself within the local eCommerce community as a trusted source of expert consultancy and a quality payment service provider. It helps high-street, online and mobile businesses around the world bank complete retail transactions with payments by credit and debit cards, wallets and emerging payment types. It has quickly developed a strong network of banking partners and trusted intermediaries.
Amongst its offerings, Payment Goblin offers certain categories of UK based eCommerce merchants a simple online application process that can enable a business to be live and trading in just 10 minutes, empowering their customers with Visa, MasterCard, Maestro and American Express payment options. For those with customers from further afield, a pan-European gateway is also offered with the payment options expanded to accept Diners Club International, JCB and Union Pay cards. Also integrated are alternative forms of payment such as Bancontact / Mister Cash, ELV SEPA, eKonto, eps, giropay, iDEAL, Trustly, Przelewy 24, PayPal and SOFORT.
Dr Paul Davis of Counting House said of the acquisition:
“2014 has been a time of continuing consolidation in the payments industry. Globalisation is only a partial reality, and the plethora of payment types required by cross-border merchants is truly daunting. We are delighted to have the opportunity to work in partnership with Payment Goblin and double delighted to have acquired the talents of Justin Martin to run this new acquisition for us. Payment Goblin has real expertise in several verticals traditionally regarded as “high risk” other than gaming, which is our specialty. It’s a great fit!”
Justin Martin, newly appointed Managing Director of Payment Goblin Ltd on behalf of Counting House added:
“I am extremely excited by the opportunity Payment Goblin presents today and its plans for the future. With consumers moving towards the use of mobiles and tablets at an astonishing pace and the next payment revolution under way, I believe we are entering one of the most exciting times in the history of eCommerce. With Counting House as our key strategic partner alongside our network of banking partners, Payment Goblin’s future is a fantastic prospect to be involved in.”
Photo- Justin Martin of Payment Goblin and Paul Davis of Counting House.