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United States Procurement News Notice - 4680


Procurement News Notice

PNN 4680
Work Detail Planet Payment (NASDAQ:PLPM), a provider of international payment and multi-currency processing services, said Monday that it has launched its dynamic currency conversion solution, Pay in Your Currency, in Bahrain with Ahli United Bank (AUB). With the new ‘Pay in Your Currency’ facility, the bank’s merchants will have the ability to offer eligible international customers the convenience of paying in their own currency. Shares were 3.1% lower in recent morning trade.

About 248,605 shares traded hands. Planet Payment Inc (NASDAQ:PLPM) has risen 43.96% since January 25, 2016 and is uptrending. It has outperformed by 28.40% the S&P500.

Planet Payment, Inc. is a provider of international payment and transaction processing and multi-currency processing services. The company has a market cap of $192.26 million. The Firm operates through two divisions: multi-currency processing services and payment processing services. It has a 22.07 P/E ratio. The Company’s multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies.

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Country United States , Northern America
Industry Financial Services
Entry Date 03 Sep 2016
Source http://www.consumereagle.com/planet-payment-launches-pay-in-your-currency-service-in-bahrain-nasdaqplpm/180961/

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