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PAY.ON Restructures Management

11-17-2010 09:22 AM CET | IT, New Media & Software

Press release from: PAY.ON

/ PR Agency: i5comm
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New management structure to focus on internationalization and strong growth

PAY.ON AG announces new management structure: Markus Rinderer, previously Chief Technical Officer, is taking over the position of Chief Executive Officer (CEO) with immediate effect. As Chief Sales Officer (CSO), Robert Kuzelj concentrates exclusively on sales. Nikolaus Taysen, Chief Operating Officer (COO), continues to lead business development and secure financing for PAY.ON. As Chief Information Officer (CIO), Christian Bamberger is responsible for all IT-related areas of the company.

With this newly restructured management team, PAY.ON intensifies its focus on further internationalization and growth. The company is already one of the leading providers of global online payment and risk management technologies and one of the world's largest processors of payment transactions on the internet.

"A successful company is able to adjust and react to new challenges quickly and flexibly. We have now optimized our personnel resources and are placing greater emphasis on individual strengths. PAY.ON will continue to grow and expand internationally, since we are now better prepared to implement our vision: becoming the largest e-commerce payment transaction processor, with the most prominent network of affiliated merchants and institutions around the world", states Markus Rinderer, new CEO of PAY.ON AG.

Robert Kuzelj, newly appointed CSO of PAY.ON AG, adds: "Our maxim is to offer our customers the optimal infrastructure and the best consulting expertise on the market, enabling them to expand their service portfolio and accelerate their growth. The acquisition of strategic large-scale projects around the world is an extremely challenging and important task. I look forward to focusing completely on this business and on advancing the implementation of our vision.“

About PAY.ON AG
PAY.ON (http://www.payon.com) is an internationally leading provider of global online payment and risk management technologies and a processor of payment transactions.
The core products of PAY.ON are PaySourcing™ (modular platform for global payment outsourcing) and PayPipe™ (E-gateway for payment routing), which are supplemented by
the support service of Global Support. Moreover, PAY.ON offers its expert know-how in the payment field as a consulting service. PAY.ON AG was founded in Munich in 2004. Some
45 employees work in the head office in Munich and in the branch offices in Salzburg, Hong Kong and Manila.

Online press area of PAY.ON: http://payon.com/press_releases/

Editorial inquiries and media contact:
Bernhard Lehner
Spengergasse 37-39
1050 Wien
Mobile: +43 664 4398609
Bernhard [at] i5comm.com

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