BARCELONA—CommerceGate has announced a new partnership with online dating company Cupid PLC, in a move that signals CommerceGate’s continuing (and successful) push into the online dating industry. Cupid, it added, is an impressive addition to CommerceGate's growing list of clients in the online dating vertical.
“We are thrilled to have inked this agreement with Cupid PLC, a major player in the online dating industry," said Bjorn Skarlen, CEO of CommerceGate. "We are confident that Cupid PLC will be able to maximize their profitability and build their online business together with CommerceGate."
Cupid PLC, which is listed on the London Stock Exchange, has grown to become a market leader since its entry into the online dating industry in 2005, and currently claims a base of over 54 million members in 58 countries.
“With a very comprehensive payment processing solution and strong presence both in North America and Europe, CommerceGate was the perfect choice to support Cupid PLC in our global expansion," said Bill Dobbie, CEO and co-founder of Cupid PLC. "CommerceGate’s multiple banking relationships worldwide along with their continuous innovation and dedication to service will be of great benefit to us as we continue to grow our business globally.”
CommerceGate will step in as an international payment processing for Cupid PLC both in Europe and in the United States, using its knowledge and experience to bring the highest possible security, service, throughput and ease of use to Cupid PLC’s customers.
“This is an important deal and we are really looking forward to working and growing with Cupid PLC in the expanding Online Dating Market," added Skarlen. "We will continue to innovate and improve monetization while delivering a first class service to the end user."
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