Paymetric, Inc.'s "XiPay(R)" Solution Achieves Oracle Validated Integration With Oracle E-Business Suite

ATLANTA, GA--(Marketwired - April 13, 2015) - Paymetric, Inc., a global leader of integrated, secure electronic payment acceptance solutions for the enterprise and a Gold level member of Oracle Partner Network (OPN), today announced it has achieved Oracle Validated Integration of its XiPay solution with Oracle E-Business Suite version 12.2.

To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements based on the needs and priorities of the customers. Paymetric's XiPay platform integrates with Oracle E-Business Suite to facilitate credit card acceptance-resulting in end-to-end automation that can help the bottom line.

"Achieving Oracle Validated Integration gives our customers confidence that the integration between Paymetric and Oracle E-Business Suite is functionally sound and performs as tested," said Kevin O'Brien, Senior Director, ISV and SaaS Strategy at Oracle. "For solutions deployed on-premise, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review and test process that helps to reduce deployment risk and improves the user experience of the partner's integrated offering."

"Paymetric's XiPay integration with Oracle E-Business Suite makes it easy for companies to accept electronic payments securely and without the upfront costs of additional hardware and software," said Asif Ramji, CEO at Paymetric. "We are thrilled to achieve Oracle Validated Integration and provide payment management solutions that help simplify the order-to-cash process for customers worldwide."

"Companies looking to leverage Paymetric to process payments within Oracle E-Business Suite can also take advantage of the company's processor-agnostic tokenization solutions, designed to protect sensitive data and reduce the burden of PCI compliance scope," said Cameron Balash, SVP of Sales and Business Development at Paymetric. "The XiPay platform offers capabilities to facilitate debit card acceptance, process eChecks/ACH payments, and support alternative payment types such as PayPal or Bill Me Later."

Paymetric experts will be available to discuss their payment acceptance and tokenization solutions at COLLABORATE 15, an annual event produced by three independent Oracle user groups, held at the Mandalay Bay Resort in Las Vegas, NV from April 12-16, 2015. Paymetric is a sponsor and speaker at the event and will be exhibiting at booth number #1238.

About Paymetric
Paymetric, Inc. is a leading provider of integrated and secure electronic payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric's solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is a recognized industry leader. The company has also been awarded for its innovation and growth by Red Herring, Inc. Magazine, Inc. 5000, Atlanta Business Chronicle and the Technology Association of Georgia. Visit www.paymetric.com for additional information.

About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions have been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. Partners who have successfully completed the program are authorized to use the "Oracle Validated Integration" logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.

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