Cardpay builds global footprint to support eCommerce boom in the US, Asia and LATAM
FOR IMMEDIATE RELEASE
London, Oct 21st, 2019
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 set 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.
ENDS
Notes to editors:
Merchants benefit from Cardpay’s ability to process local payment methods in 120+ currencies and eliminate all the inefficiencies associated with unfavourable foreign exchange, decline rates, chargebacks and slow settlement. The rapidly growing business now operates in more than than 50 countries and allows merchants to accept 300+ local payment methods without any hidden fees or charges.
For more information contact Kirill Evstratov, CEO of Cardpay, by email - hello@cardpay.com
You can also visit www.cardpay.com for more information about the company.
About Cardpay
Cardpay is a global merchant acquirer on a mission to enable fast, convenient and secure payments for businesses worldwide. Cardpay is a regulated Financial Institution offering a wide range of services, including payment gateway, card acquiring, merchant account opening, card issuing, alternative payment methods, foreign exchange and more.
________________________________________