Sony Music Selects GlobalCollect as Payment Service Provider to Boost its Artists` E-commerce Platforms

Sony Music, one of the leading music companies worldwide, has signed a
partnership agreement with GlobalCollect, the world`s premier payment service
provider of local e-payments, to boost webshop functionalities on its labels`
artist websites
AMSTERDAM--(Business Wire)--
Sony Music has struck an agreement with GlobalCollect and Materna GmbH to create
a unique retail offering on its labels` artist websites across the EMEA region
to enable consumers to download digital content. To this end, Sony Music uses
GlobalCollect`s unrivalled portfolio of local and international payment methods
to facilitate all related e-payment transactions. With the help of a viral
widget, a software embedded into online platforms and social networking sites,
Sony Music is driving traffic directly to the website of an artist to allow fans
to share information and to download the artist`s repertoire. GlobalCollect`s
single-interface online payment platform, WebCollect, offers fans a broad array
of payment products form credit cards to alternative payment methods to purchase
MP3 music downloads. At a later stage, the e-commerce offer will be expanded to
include artist merchandise, concert tickets, and more.

Patrick Bingley, Director D2C Sales Europe, Sony Music Entertainment
International, said: "The international payment strategy proposed by
GlobalCollect not only offers the broadest choice of payment methods to our
visitors but also the advantage of a scalable one-stop shop solution. Plus, the
WebCollect platform reduces risk thanks to comprehensive fraud screening tools
and increases conversion rates thanks to a multitude of currencies and popular
payment products."

Jan Manten, CEO of GlobalCollect, added: "We are delighted to welcome Sony Music
to our ever growing portfolio of worldwide clients. As a full-service PSP who
understands the particulars of the music industry, we enable Sony Music to reach
out to a global audience and simultaneously reduce costs by implementing revenue
models that are effective and relevant to the online music and entertainment
world."

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 specialized in a wide range of
industries such as travel, ticketing, telecommunications, retail, publishing,
portals, online gaming 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 over
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

GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
tel: +31-(0)23 567 1500
e-mail: bettina.duske@globalcollect.com

Copyright Business Wire 2009