Product Update

RNS Number : 7874N

Accesso Technology Group PLC

31 July 2014

 

31 July 2014

accesso® Technology Group plc

("accesso" or the "Group")

Product Update

- accesso upgrades industry leading eCommerce solution -

-  New release designed to take advantage of accelerated shift towards mobile ticketing and purchasing -

accesso^® Technology Group plc (AIM: ACSO), the premier technology solutions provider to the global attractions and leisure industry, is pleased to announce the release of the latest version of its accesso Passport^® eCommerce solution.  This new release is designed to make it easier for attractions to meet the growing demand from guests to make purchases on desktop, tablet and mobile devices.

The next generation of the accesso Passport solution, which currently sells more than 16 million tickets per year, offers a fully responsive design which seamlessly adapts to the various screen sizes of desktop, tablet and mobile devices. In addition, the system now permits guests to retrieve and scan their admission tickets directly from their smartphone, increasing the ease with which they can access their chosen park.

A variety of additional upgrades have also been made to the solution, including support for a wide range of payment methods across multiple currencies, enhanced security features, advanced fraud protection and integrated analytics.  The new release also opens up the possibility for park operators to sell anything, anytime, anywhere across all devices, whether that be entrance tickets, season passes, memberships, timed entry tickets or even meals and access to ancillary attractions.

Commenting on the news, Tom Burnet, Chief Executive Officer of accesso said:

"It has become very clear to us that consumer behaviour is changing.  Mobile is now increasingly the first, last and sometimes only point of call for consumers seeking to purchase theme park tickets and access special experiences once inside the park.  Today as much as 30 to 40 percent of online ticket sales are being made on a mobile device.  That trend is only going to continue to grow and today's release is designed to capture that opportunity to the fullest. I am proud of the lead we have taken in the mobile ticketing and payments space and I look forward to proving to our customers just how much richer and more engaging their guest experience can be by putting mobile at the heart of their offering."

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Lucy Delaney, Jessica Liebmann
Canaccord Genuity Limited	[phone]
Simon Bridges, Cameron Duncan, Brendan Gulston
Numis Securities Limited Etienne Bottari, Simon Willis, Mark Lander	[phone]

Notes to Editors

Specific new features include:

·      Adaptive Platform - allows the eCommerce site to adapt to the resolution of the user's device, across desktop, tablet or smartphone (includes upsell, quick sell and cross sell features).

·      Integrated Analytics - provides real-time Google Analytics for intuitive data collection.

·      Custom Sales Flows - ability to sell anything, anytime, anywhere across all devices including daily tickets, season passes, memberships, front-of-the-line products, date/time products, meals, ancillary attractions and more.

·      Payment Plans - removes upfront price barriers by supporting deferred payment options, driving significant growth in season pass sales.

·      In-Store Order Look-Up - allows guests to buy a ticket on their desktop or tablet, retrieve the order on their mobile device, and present their electronic tickets at the front gate for validation.

·      Flexible Payment Methods - provides access to checkout using PayPal, the trusted payment method for more than 148 million customers, integrates Acculynk to process Pin/Debit cards to lower interchange rates for clients, and is PCI Level 1 certified to process payments through merchant processors including First Data North, TSYS, Chase Paymentech, Heartland, and DataCash.

·      Accertify®Fraud Prevention Platform - decreases chargebacks by identifying fraud, increases revenue by allowing decisions to be made using more than 100 data elements, reduces false positives from bad AVS and CVV checks, and identifies negative and positive transaction data trends.

·      Safe Harbor Certified - follows Safe Harbor guidelines for how Personally Identifiable Information (PII) can be treated when sent outside of the European Union.

·      Internationalisation - supports localisation based on the country and currencies required.

accesso® Technology Group: about us

accesso (AIM: ACSO) is the premier technology solutions provider to the global attractions and leisure industry. Our patented and award-winning solutions drive increased revenue for attraction operators by significantly improving the most important part of an attraction visit: the guest experience.  Our solutions add value to operators at every point in the guest journey:

·      We drive attendance

The accesso Passport^® ticketing suite is a comprehensive, easy-to-use cloud solution that processes many millions of ticket and season passes every year, enabling operators to maximise up-sell and cross-sell with ease to drive greater revenue.

·      We handle payments

Our payment gateway carries level 1 PCI security certification and 24/7 support.  It provides the tools, security and support operators need to drive sales and has so far processed more than $5 billion in transactions.

·      We take guests out of line

Since 2001 over nine million guests have used a patented accesso LoQueue^SM solution to queue less, ride more, enjoy a better experience and increase their in-attraction spend.

·      We simplify point-of-sale

We offer a comprehensive point-of-sale solution through software modules combine ticketing, membership, retail, food/beverage transactions, rentals, credit card processing and many other functions into in a single system eliminating the need for separate systems and databases.

·      We increase engagement

accesso enables operators to engage more deeply and profitably with guests: pre-sale, in-attraction or post-visit.  Our mobile apps have provided more than 2.75 million people with rich iOS and Android content to better plan their visit, buy their ticket on-the-go and unlock new experiences within an attraction. 

Over 400 attractions worldwide currently employ accesso technology - from theme parks, to water parks, cultural attractions and sporting events ski and snow parks.  We are proud that our solutions are trusted by the majority of the leading names in the leisure industry, including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes, and Herschend Family Entertainment.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange.

For more information visit www.accesso.com 

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