PXP Financial Becomes a Google Pay Payment Service Provider

Payments
31.01.2024 10:20 am

PXP Financial, the experts in payments, acquiring, fraud, and data analysis services, today announces it has become a GooglePay Payment Service Provider (PSP).

The move means PXP Financial can manage a GooglePay integration, in both web and native applications, as well as securely process transactions by decrypting the payment data and authorizing it with the acquirer directly.

GooglePay is a fast, simple way to pay on sites, in apps, and stores using the cards saved to the users’ Google account. It boasts more than 150 million users worldwide and allows people to perform transactions without cash, making spending easy.

Commenting on the announcement, Kamran Hedjri, Group CEO for PXP Financial, said: “Today, consumers expect to buy what they want, when they want, how they want. PXP helps its customers keep up with the ever-evolving changes and trends in the market and demand from end-users. We are delighted to be able to add GooglePay to the range of online and in-store payment solutions we can support to help merchants increase sales, reduce friction, and grow customer loyalty by aligning with how people want to buy.”

Google Pay is one of the most popular mobile payment software applications today, with recent data showing there were more than 150 million users around the world in 2023. In addition, about 800,000 websites use it as their secure payment gateway and about 20% of all mobile purchases are made with Google Pay.

PXP Financial provides a single unified payment platform to accept payments online, on mobile, and at the point of sale. Powered by in-house global acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7 billion annually through its unified gateway, supporting business growth for its clients.