Valve Rewards Outstanding GlobalCollect Service with Contract Renewal

AMSTERDAM - Wednesday, January 11th 2012 [ME NewsWire] Valve, the leading international online gaming platform, extends existing partnership with GlobalCollect, the world’s premier payment service provider of local e-payments, to process all online payments worldwide (BUSINESS WIRE)-- Valve is the creator of award-winning games, leading-edge technologies, and a groundbreaking social entertainment platform. Case in point is Steam, the world's largest online gaming platform that guarantees instant access to more than 1,800 game titles and connects 35 million active users to each other. Over the past four years of the partnership, Valve has benefited from GlobalCollect’s extensive experience of worldwide payment processingas well as its in-depth knowledge of alternative payment methods, cultural payment preferences, and monetizing video gaming platforms. Think global, act local when it comes to check-out pages Given GlobalCollect’s proven track record to offer Valve consultancy on localization of payment products to ensure maximum conversion and its broad portfolio of alternative payments, Valve recently renewed its service agreement. GlobalCollect takes care of processing Valve’s online payment transactionsvia all major credit cards, local debit cards, eWallets, pre-paid cards, and real-time banking products in a number of currencies. Top 6 reasons Valve extended partnership with GlobalCollect When entering any country across the world, offering local payment methods and pricing in domestic currency is by far the best strategy because it simultaneously results in boosting sales and reducing fraud. Valve is confident that GlobalCollect can accommodate its growth ambitions and found the full-service PSP to be a dedicated and knowledgeable partner, offering among other things: A very stable infrastructure with great uptime thanks to its fully redundant platform Outstanding customer service and response times Unsurpassed and continually expanding portfolio of local payment methods Profound knowledge of local markets and culturally preferred payment methods Guidance on constantly evolving legal requirements and banking regulations Consultancy on online game monetization models in established and emerging markets About Valve Valve is an entertainment software and technology company founded in 1996. In addition to creating several of the world’s most award-winning games, Valve is also a developer of leading-edge technologies including the Source® game engine and Steam®, the premier online gaming platform. www.valvesoftware.com About GlobalCollect GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail, and telephone orders, and specializes in a wide range of industries such as travel, retail, online gaming, financial services, telecommunications, publishing, portals, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in almost 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com Contacts GlobalCollect Bettina Duske Senior Manager PR & Marketing Communications tel: +31-(0)23 567 1500 e-mail: press.globalcollect@globalcollect.com