[January 30, 2013]

PayLeap, Acculynk's Gateway and Payments Processing Arm, Introduces Developer Integration Tools

PayLeap (www.payleap.com), Acculynk's payment gateway and payments processing solution, announced today that it has introduced a comprehensive suite of developer tools and SDKs to provide simple integration of the service into mobile merchant applications and e-commerce sites.

PayLeap now provides a full complement of API developer tools, such as SDK's for Python, Java, Ruby, .Net and PHP, paired with Java-based wrappers, taking PayLeap's gateway and service products to the next level in terms of integration simplicity.

In addition to simple integration, PayLeap is the only payments processing platform that enables Internet PIN debit. PIN debit provides merchants an extra layer of security for debit card transactions, helping reduce fraud and chargebacks for merchants, while offering opportunities for sales lift by enabling the millions of consumers with PIN-only debit cards. Developers can leverage PayLeap to help their small and medium-size merchants reach new customers and more aggressively manage payments costs.

Along with the launch of its integration tools, PayLeap is also introducing simplified pricing that offers an attractive lower rate for Internet PIN debit transactions of 1.89% with $0.29 per transaction. All other transactions are 2.89% with $0.29 per transaction. Merchants can significantly lower their payments acceptance cost by steering consumers to PIN debit for online purchases.

"We offer developers significantly more than fast easy integration. We help developers differentiate themselves by providing more value to the merchant. PayLeap's live customer service and unique Internet PIN debit capability that flips liability for chargebacks back to the issuer are hugely popular with merchants," said Daryn Barney, SVP Business Development, PayLeap. "Developers in the e-commerce space should know, PayLeap recognizes the importance of developers in our value chain and unlike other e-commerce gateway processors, we offer a generous Affiliate program."

"As a member of the e-commerce community I am always looking for a payment solution that is easy to work with. After searching through the available options, PayLeap's new developer tools are as easy, if not easier, to use than comparable tools available," said Salvatore Iozzia, CEO, Loaded Commerce. "Knowing my clients will save on acceptance costs as a result of PayLeap's unique Internet PIN debit rates and reduced chargebacks, ranks PayLeap at the top of my list. I am anticipating a healthy referral revenue stream from the PayLeap Affiliate Program."

PayLeap's SDKs and test accounts can be accessed at www.developer.PayLeap.com. In the coming month, PayLeap will continue to add enhanced forums and online application for Affiliate and Certification programs.

Acculynk's PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock.

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk's PaySecure® utilizes a graphical PIN-pad for the secure entry of a consumer's PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 6,000 merchant websites. Acculynk has partnerships with 11 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Additionally, Acculynk Direct, offers PayLeap, a gateway and acquiring and card processing services, and Payzur, a debit-based P2P solution. Visit http://www.acculynk.com and http://www.payleap.com.

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