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Axia Payments and Planet Payment Launch MICROS Payment Gateway and Pay in Your Currency(R)

SANTA BARBARA, Calif. and LONG BEACH, N.Y., June 24, 2014 (GLOBE NEWSWIRE) -- Axia Payments, a payments technology and eCommerce solution network, and Planet Payment, Inc. (Nasdaq:PLPM) (LSE:PPT), a leading provider of international and multi-currency payment processing services, announced they have launched the MICROS Payment Gateway (MPG) across various hotels in the United States. Planet Payment's MICROS Payment Gateway is a payment solution designed to facilitate integrated payment support for the MICROS suite of enterprise hospitality and dining systems, as well as Planet Payment's Pay in Your Currency® (PYC) solution.

Planet Payment's MICROS Payment Gateway solution allows the hotels to enhance guest services for its international clientele. Pay in Your Currency allows the hotels to provide an enhanced level of customer service by offering international guests the choice to pay in their home currency. Hoteliers continue to receive settlement and reporting in their local currency.

"By creating a customized payment processing program that included Pay in Your Currency, we provided the hotels with a cutting-edge payment solution that enhances the guest experience and generates an additional revenue stream that helps offset the expense of new property management systems," said Randal Clark, CEO at Axia Payments. "This solution is perfect for our hotelier customers who need integrated payment functionality with their MICROS Opera solutions."

"Planet Payment is thrilled to work with Axia Payments to launch MICROS Payment Gateway," said Drew Soinski, Managing Director of the Americas at Planet Payment. "Our solution allows the hotels to offer consistent check-in/check-out experiences throughout their properties that lets their international guests pay for their stay in the currency they know best – their own."

With this launch, Planet Payment is now live with MICROS Payment Gateway in the US, as well as Canada, Mexico and several countries in Asia. Planet Payment and Axia will be exhibiting at HITEC in Los Angeles June 24-26. To learn more about the solution visit them at Booth #525.

About Axia Payments

Axia, a leading payment technology and services provider, was established in 1999 to provide that higher level of expertise, service and suite of integrated payment solutions that our merchant clients and partners demand. Axia provides merchants and partners with unparalleled programs, expertise and PCI DSS compliant payment technology to satisfy their clients payment-related needs. Axia markets and sells merchant and partner programs that include hardware and/or software solutions to provide more efficient and economical ways to process credit, debit, ACH, loyalty and gift, mobile, and ecommerce transactions. Axia serves thousands of clients throughout North America, currently managing in excess of $5 billion in transactions annually.

Axia is headquartered in Santa Barbara, California and has offices in Hawaii, Utah, Georgia, Colorado and Oregon. Please visit www.AxiaPayments.com for more details regarding Axia.

About Planet Payment

Planet Payment is a leading provider of international payment processing and multi-currency processing services. We provide our services in more than 20 countries and territories across the Asia Pacific region, North America, the Middle East, Africa and Europe, primarily through our more than 60 acquiring bank and processor customers. Our point-of-sale and e-commerce services help merchants sell more goods and services to consumers, and together with our ATM services are integrated within the payment card transaction flow enabling our acquiring customers, their merchants and consumers to shop, pay, transact and reconcile payment transactions in multiple currencies, geographies and channels.

Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong Kong, Mexico City, Shanghai and Singapore. Visit www.planetpayment.com for more information about the Company and its services.

CONTACT: Planet Payment Contact: Jill Raftery Telephone: 516.941.1858 email: jraftery@PlanetPayment.com www.PlanetPayment.com Axia Payments Contact: Cynthia Klacking Telephone: 805.962.6114 email: cklacking@AxiaPayments.com Website: www.AxiaPayments.comSource:Planet Payment