Barclaycard to launch cross-country payment system

New system will offer secure online payments for merchants across the EU

Barclaycard will launch a new payment system this summer

Barclaycard is planning to launch a new payment processing system to help its e-commerce customers manage their cross-border payments.

Barclaycard SmartPay will give organisations access to a single-payment processing system to use across countries that can be tailored to provide a range of language and currency settings, depending on the customer's location when paying.

Due to be launched in summer 2010, Barclaycard SmartPay will protect customers with a wide range of built-in fraud and risk tools, be PCI-DSS compliant, and appeal to merchants in key online sectors such as gaming, retail and travel.

“Barclaycard SmartPay will make it easy for businesses that operate across the EU to accept all types of payments online,” said Paul Cook, managing director of global payment acceptance at Barclaycard.