Company News • 11.04.2013

PAYMILL chosen as a 2013 Red Herring Top 100 Europe - and launches PayButton

Source: PAYMILL

Red Herring announced its Top 100 award winners today, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries. PAYMILL, the innovative payment service provider from Munich, is amongst the winners.

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

Selecting Start-Ups with the most potential

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe PAYMILL demonstrates the vision, drive and innovation that define a Red Herring winner.”

Easier payment directly on the website

But PAYMILL does not rest on their laurels: Today, the company introduced the PAYMILL PayButton, which allows integrating a payment forms into one’s website much easier. By using the PayButton, PAYMILL users are relieved from designing payment forms, validating and encrypting data. To get started, users simply have to copy and paste one form element into one’s website source code. Paymill flexibly integrates with a merchant's website and does not require a customer to be redirected to make a payment. This leads to fewer customer dropouts and significantly higher conversion rates.

Simplest solution in Europe

The intuitive developer friendly API, the rapid on-boarding process, the highest security standards and the transparent pricing all combined with comprehensive and friendly customer service sets Paymill apart from other online payment solutions. Paymill is the first provider to have brought this simple, user friendly technical solution to Europe.

channels: online trading, mobile payment