Cardpay builds global footprint to support eCommerce boom in the US, Asia and LATAM

Cardpay builds global footprint to support eCommerce boom in the US, Asia and LATAM
22.10.2019 06:44 am

Cardpay builds global footprint to support eCommerce boom in the US, Asia and LATAM

E-Commerce , Payments

Cardpay – global fintech provider and fast-growing payment processor serving the needs of eCommerce businesses selling internationally announces its further expansion into 5 new major markets including United States, Mexico, Brazil, China and Singapore.

Kirill Evstratov, Group CEO of Cardpay, said: “This is an important milestone for our company and we are excited about the opportunity to offer our services to customers on 4 continents. We are constantly looking for the ways to serve our customers better and make it even easier for them to accept local payment methods around the world. Adding these large and growing countries allows our customers to market their good and services to almost 2 billion consumers there.”

With global eCommerce market to reach $4 trillion next year more and more merchants are looking for a cost-effective way to accept payments from their customers across multiple geographies. Cardpay’s partnership with Visa, MasterCard and China UnionPay allows processing these payments in a fast, simple and secure way. Its all-in-one payment platform enables merchants to improve conversion rates and increase their revenue as a result.

Kirill added: “No secret that in many cases a high cart abandonment rate is linked to merchants’ inability to provide local payment methods. With our platform this becomes a thing of the past as our customers can accept 300+ payment methods including Alipay and WeChat Pay in China, Boleto in Brazil, Oxxo and PayNet in Mexico. We are streamlining the payment process by bringing our customers the widest range of local payments possible while keeping their cost of accepting international payments down”.

Cardpay will be present at the industry leading event Money 20/20 (stand 3228) in Las Vegas during October 27-30th to showcase its payment platform and new value-added services to all merchants looking to grow their business by acquiring payments from overseas customers.

Related News

Dune London goes live with Klarna’s popular Pay later products

The Dune Group, one of the most influential global players in fashion footwear and accessories today announced an international partnership with leading global payments... Read more »

FSS Payment Gateway to Empower MSME Retail Merchants with Online Payment Tools

FSS (Financial Software and Systems), a globally leading digital payments technology  provider and a payment processor, announced today that it has enhanced... Read more »

Brazilians tend to increase spendings on ecommerce after the pandemic, EBANX study shows

A research launched by EBANX, on the impacts of the COVID-19 pandemic on the ecommerce market in Brazil and the post-pandemic perspectives, brings in the results an intention... Read more »

PPRO publishes its 2020 Payment Almanac

Today, PPRO, the leading local payments platform-as-a-service, launches its 2020 Payment Almanac in partnership with Edgar, Dunn & Company. The... Read more »

SumUp expands e-commerce product range to support businesses through COVID-19 lockdown and beyond

UK-based payments service provider SumUp (www.sumup.co.uk) is launching today an online payment tool to help businesses... Read more »

TrueCommerce enters into strategic partnership with retail payments specialist

Leading retail technology business TrueCommerce has entered into a new strategic partnership with international... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel