Bancorp Bank and Planet Payment Team on Multi-currency Services

Planet Payment and the Bancorp Bank have signed an agreement to provide Planet Payment’s suite of products and services to Bancorp’s merchants and third-party servicers in the US payments market. Bancorp will use Planet Payment’s leading multi-currency processing platform to provide merchants with tools to increase their sales and operate their businesses more efficiently.

The individual solutions that will be made available to Bancorp customers include:

  • Multi-currency pricing: allows merchants to sell more effectively to international customers by pricing in foreign currencies on a website or in a catalogue and accepting payment in the currency the customer chooses.
  • Pay in Your Currency: provides merchants with a powerful customer service feature that allows customers to pay for their purchases in the currency they know best – their own.
  • iPAY: offers card-not-present merchants a suite of robust payment and business management solutions, including the industry leading iPAY payment gateway.

“We are excited to add Planet Payment’s robust product suite to the Bancorp Bank’s payment processing offering,” said Frank Mastrangelo, president of the bank. “The business arrangement with Planet Payment enhances one of our core missions of providing leading-edge payment solutions to the US market. Planet Payment’s multi-currency processing and iPAY gateway solutions offer our customers powerful tools to increase revenue and simplify operations.”


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