allpago integrates with Zuora Inc.’s subscription management platform

allpago integrates with Zuora Inc.’s subscription management platform
29.06.2017 01:45 pm

allpago integrates with Zuora Inc.’s subscription management platform

Payments

allpago, the leading payment service provider in Latin America, will announce today at the Money 20/20 Conference in Copenhagen that its state-of-the-art payment gateway has been integrated into Zuora Inc.’s subscription management platform.

allpago provides all relevant local payment methods alongside industry leading levels of security and integrated risk management systems to help merchants improve conversion rates, boost revenues and run compliant e-commerce operations in Latin America.

This partnership enables all Zuora clients to immediately accept card payments made in local currencies as well as a wide range of popular alternative payment methods in Argentina, Brazil, Colombia and Mexico, without further integration or IT development work. These payment methods account for 70 percent of e-commerce transactions made in Latin America.

allpago currently covers more than 80 percent of the e-commerce market in Latin America. It will expand its coverage to more than 90 percent of the region by moving into Chile, Peru and Ecuador over the next 12 months.

Philipp Bock, founder & CEO of allpago, comments: “The payments landscape in Latin America is complex. Less than a third of shoppers have cards that can process foreign currencies, leading to high decline rates on cross-border transactions. By integrating with allpago, Zuora’s merchants can now offer all relevant local payment methods through their existing infrastructure and potentially more than treble the volume of customers they can sell to in Latin America.”

John Phillips, general manager of EMEA, at Zuora, Inc., comments: “Customers have changed and are looking for new ways to engage with businesses around the world. The addition of allpago as a payment provider on our platform will give digital merchants in Latin America the freedom to offer their subscribers the flexibility they are asking for.  Through allpago’s payment gateway and their local teams, our customers can offer the best buying experience for their Latin American subscribers and do business with tens of millions of online shoppers in the region”

Related News

Contactless card PIN limits to increase temporarily to help reduce the risk of COVID-19 transmission

Australian Payments Network (AusPayNet), the self-regulatory body for the payments industry, confirmed today that the payment industry will be increasing the PIN limit for... Read more »

Mastercard enables higher contactless payments across Canada

 Mastercard announced it is enabling the increase of contactless payment limits across Canada, as people look... Read more »

Pannovate partners up with Salt Edge to deliver instant PSD2 compliance

Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer... Read more »

Xpring Now Supports Interledger STREAM

In December, we announced the launch of xpring.io, a developer site that includes a wallet, tools, services, and documentation... Read more »

COVID-19 Crisis Highlights Need for Real-Time and New Digital Payments Services Around the World, New ACI Worldwide Research Reveals

More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ... 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