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Paymetric Solutions Achieve ''Powered by NetWeaver'' Certification from SAP
HOUSTON-(Business Wire)-February 13, 2008 - Paymetric, Inc., a leading provider of innovative payment card solutions, today announced that it has received SAP "Powered by NetWeaver" certification for both its XiPay(TM) and XiPayNet(TM) credit card acceptance solutions against SAP's new Enterprise Service interface for payment card processing. Paymetric is one of the first vendors to complete certification of an external product called from an SAP application, rather than an external product that calls into an SAP application.
The new Enterprise Service interface allows SAP customers to leverage their NetWeaver and XI investment and technology either already in place or which will soon be added by upgrading to a recent release of the SAP ERP package.
"We are proud that Paymetric is the first vendor in the payments transaction processing space to be awarded Powered by NetWeaver certification from SAP against the Enterprise Service interface for payment card processing," said Eric Bushman, Paymetric's Director of SAP Solutions. "Each of our card acceptance solutions expand upon SAP's native payment processing capabilities, ensuring functional continuity and transactional efficiency between multiple SAP components and financial institutions."
Paymetric's integrated credit card acceptance solutions enable companies to accept, manage, and protect payment card transactions across a variety of enterprise applications, including SAP. XiPay is an intelligent, On Premise payment processing engine for payment card transactions that originate in SAP and flow to a credit card processor or gateway for authorization and settlement. XiPayNet is an On Demand, web-based service that drives payment card transactions from SAP through processors and gateways with low upfront costs, minimal maintenance requirements and fast implementation.
To achieve the "Powered by NetWeaver" certification from SAP, Paymetric developed SAP Enterprise Service-specific XI Content mappings between SAP's payment card processing interface and XiPay's Web Services Definition Language (WSDL). In addition, Paymetric received "Solution Manager Ready" qualification for both products as well.
Paymetric is an SAP Development partner and has been a member of SAP's Enterprise Services Community since 2006, working alongside other industry and application experts to facilitate the adoption of enterprise service-oriented architecture (enterprise SOA).
For more information about Paymetric or its card acceptance solutions - XiPay or XiPayNet - visit the company at www.paymetric.com.
ABOUT PAYMETRIC
Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise applications, most notably SAP. Paymetric combines proven expertise in ERP payment processes with powerful software and services to improve return on card acceptance, optimize purchasing 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.
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