Planet Payment [LSE:AIM:PPT and PPTR; OTCQX:PLPM] is a leading international payment and data processor, providing banks and their merchants with innovative solutions to accept, process and reconcile payments, anytime, anywhere and in any currency.
Its customer base of more than 40 acquiring banks and processors stretches from North America, to the Middle East, to Asia Pacific, including China, Hong Kong, Macau, Taiwan, Malaysia and India. Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, London, Hong Kong, Shanghai and Singapore. Visit www.planetpayment.com for more information on the Company and its services.
26/10/11
Today the group released the eagerly anticipated results for the six months ended June 30, which showed a 47 per cent uplift in net revenue to US$19.9 million. Net income had swung into positive ground, reaching US$1 million from a US$2.3 million loss in the first half of last year.
24/12/10
Shares in international payment and data processor Planet Payment (LON:PPTR) have had a good run since the summer. And ahead of the firm publishing its pre-close trading statement for 2010 in January, chief executive Phillip Beck is in an upbeat mood. “This business has a tremendous amount of momentum in terms of new products and a pipeline of new business customers,” he tells Proactive Investors.
09/11/10
Planet Payment is having a strong 2010 with revenue up by almost a third to date. The company continues to fuel its growth with the roll-out of its cross-currency payment processing platform, and with a customary seasonal uplift still to come, management is looking ahead confidently.
24/03/10
The company had an exceptionally good full-year and is planning to enter more new countries while it remains poised to benefit from a recovery in its existing geographies.
21/01/10
The results suggest that Planet Payment should soon achieve a net profit, especially since data from several countries indicates that the economic situation around the world is recovering.
15/05/09
23/08/08
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