CommerceGate Partners with Cupid PLC as Global Payment Processor

Barcelona, Spain (June 21, 2012) – The leader in international billing and payment processing CommerceGate (www.commercegate.com) today announced a new partnership with Online Dating giant Cupid PLC (www.cupidplc.com).

This move signals CommerceGate’s continued successful push into the Online Dating industry and Cupid is an impressive addition to the growing list of CommerceGate clients in the online dating vertical.

With a very comprehensive payment processing solution and strong presence both in North America and Europe, CommerceGate was the perfect choice to support Cupid PLC in our global expansion,” said Bill Dobbie, CEO and co-founder of Cupid PLC. “CommerceGate’s multiple banking relationships worldwide along with their continuous innovation and dedication to service will be of great benefit to us as we continue to grow our business globally.”

CommerceGate will step in as an international payment processing for Cupid PLC both in Europe and in the United States and use their knowledge and experience to bring the highest possible security, service, throughput and ease of use to Cupid PLC’s customers.

We are thrilled to have inked this agreement with Cupid PLC, a major player in the online dating industry. We are confident that Cupid PLC will be able to maximize their profitability and build their online business together with CommerceGate,” said Bjorn Skarlen, CEO of CommerceGate.

This is an important deal and we are really looking forward to working and growing with Cupid PLC in the expanding Online Dating Market. We will continue to innovate and improve monetization while delivering a first class service to the end user.” Mr. Skarlen concluded.

Cupid PLC is listed on the London Stock Exchange (LSE AIM:CUP). The company has grown to become a market leader since its entry into the online dating industry in 2005. Cupid PLC has a base of over 54 million members in 58 countries. For more information on Cupid PLC, please visit www.cupidplc.com.

CommerceGate is an online payment processor offering IPSP, Direct Merchant Accounts and Payment Gateways to US end EU Merchants. The company continues to grow rapidly in both in North America and Europe offering their billing solutions to Merchants looking for reliable and powerful payment processing.

For more information on the billing solutions CommerceGate provides, please visit solutions.commercegate.com or email [email protected].


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