# PPRO --- ## Payment Methods - [Cartes Bancaires](https://www.ppro.com/payment-methods/cartes-bancaires/): Cartes Bancaires integration: France's leading domestic card network. Access French consumers who prefer local debit cards over international options via PPRO platform. - [Pix Automatico](https://www.ppro.com/payment-methods/pix-automatico/): Integrate PIX Automatico for Brazilian recurring payments. Central Bank-developed solution serves 174M PIX users. Unlocks subscriptions for 60M Brazilians without credit cards. - [Wero](https://www.ppro.com/payment-methods/wero/): Wero payment integration: EPI's 2024-launched European digital wallet. Account-to-account payments in under 10 seconds. Unifies national payment solutions across Europe. - [UPI](https://www.ppro.com/payment-methods/upi/): UPI: India's preferred digital payment method. Real-time mobile transfers, 590+ banks, 75+ apps. NPCI-backed, 75% market share. Cross-border ready via PPRO's platform. - [Oxxo Pay](https://www.ppro.com/payment-methods/oxxo-pay/): OXXO Pay integration: Mexico's top cash payment solution across 22,000 convenience stores. 20% of Mexican online payments. Easy code-based system via PPRO platform. - [Amazon Pay](https://www.ppro.com/payment-methods/amazon-pay/): Amazon Pay integration: Trusted e-wallet for US, UK, Japan and European markets. 300M users, 86% satisfaction rate, up to 35% conversion increase via PPRO platform. - [Swish](https://www.ppro.com/payment-methods/swish/): Swish payment integration: Sweden's top mobile payment app with 86% market share. 8.5M users, 39% checkout preference. Mobile number-based payments via PPRO platform. - [Alipay+](https://www.ppro.com/payment-methods/alipay/): Alipay+ integration: China's leading payment method with 1.2B users and 53% wallet market share. Must-have for global brands targeting Chinese consumers via PPRO platform. - [Elo](https://www.ppro.com/payment-methods/elo/): Elo payment integration: Brazil's major local card scheme with diverse consumer segments. Founded 2011 by leading banks. Local currency focus via PPRO's LATAM platform. - [American Express](https://www.ppro.com/payment-methods/american-express/): Process American Express in Latin America for business travelers and high-net consumers. Local issuers, 5 currencies (BRL, CLP, COP, ARS, MXN). Specialist LATAM acquiring. - [Visa](https://www.ppro.com/payment-methods/visa/): Visa LATAM integration: Access millions of local Visa users across 6 currencies. Specialized Latin American acquiring with local issuers and settlement via PPRO. - [PayPal](https://www.ppro.com/payment-methods/paypal-wallet/): Integrate PayPal, a global local payment method with 416M+ users. This leading e-wallet offers secure, convenient digital payments for 20+ years. - [MB WAY](https://www.ppro.com/payment-methods/mb-way/): MB WAY: Portugal's leading local payment method for e-commerce. Integrate this mobile wallet, supported by 28 banks with 95% market coverage. Users pay via phone number and validate with PIN or TouchID. - [FPX Online Banking](https://www.ppro.com/payment-methods/fpx/): Integrate FPX, Malaysia's local payment method. Connect to 18 banks for instant online transfers. Flexible checkout options for merchants. Trusted by major banks. - [WeChat Pay Online](https://www.ppro.com/payment-methods/wechatpay-online/): Integrate WeChat Pay, China's dominant local payment method. With 900M+ users, it's essential for brands targeting Chinese consumers. Supports diverse transactions. - [Przelewy 24](https://www.ppro.com/payment-methods/przelewy-24/): Przelewy24 payment integration: Poland's leading bank transfer method since 2004. 165 banks, 150K merchants worldwide, 91% Polish brand recognition via PPRO. - [Konbini](https://www.ppro.com/payment-methods/konbini/): Integrate Konbini, Japan's trusted local payment method. Allows cash payments for online purchases at 50,000+ convenience stores. Ideal for Japan's market. - [Alipay in Store: Merchant QRC](https://www.ppro.com/payment-methods/alipay-in-store-merchant-qrc/): China's dominant local payment method with 53% market share. Integrate this e-wallet to reach 1.2B+ Chinese consumers. Essential for global luxury, retail, and travel brands. Boosts conversions with frictionless checkout. - [Latvian Banks](https://www.ppro.com/payment-methods/latvian-banks/): Integrate bank transfer, a popular local payment method in Latvia. Enables immediate payments for e-commerce via online banking. Supported by major banks. - [Bancontact](https://www.ppro.com/payment-methods/bancontact/): Bancontact integration: Belgium's leading payment method since 1989. 94% market share, 24 banks, strongest brand recognition. One-click payments via PPRO platform. - [Pay by Bank App](https://www.ppro.com/payment-methods/pay-by-bank-app-pbba/): Integrate Pay by Bank, UK's secure local payment method. Real-time bank transfers via existing banking apps. Tokenized, direct from account, supported by major banks. - [Lithuania Banks](https://www.ppro.com/payment-methods/lithuania-banks/): Integrate bank transfer, Lithuania's trusted local payment method. Enables immediate payments via internet/mobile banking for e-commerce. Supported by major banks. - [WeChat Pay H5](https://www.ppro.com/payment-methods/wechatpay-h5/): Integrate WeChat Pay, China's dominant local payment method. With 900M+ users, it's essential for brands targeting Chinese consumers. Supports diverse transactions. - [WeChat Pay in-Store: Consumer Barcode](https://www.ppro.com/payment-methods/wechatpay-in-store-consumer-barcode/): Integrate WeChat Pay, China's dominant local payment method. With 900M+ users, it's essential for brands targeting Chinese consumers. Supports diverse transactions. - [MyBank](https://www.ppro.com/payment-methods/mybank/): Integrate MyBank, a local payment method for Europe. This real-time bank transfer solution enables safe online payments across 250+ banks, popular in Italy. - [Alipay in-Store: Consumer Barcode](https://www.ppro.com/payment-methods/alipay-in-store-consumer-barcode/): China's dominant local payment method with 53% market share. Integrate this e-wallet to reach 1.2B+ Chinese consumers. Essential for global luxury, retail, and travel brands. Boosts conversions with frictionless checkout. - [BLIK](https://www.ppro.com/payment-methods/blik/): BLIK: Essential local payment method for Polish e-commerce. Integrate this mobile service for secure bank-linked transactions. Launched 2015, supports major banks. Users authenticate via unique BLIK codes. - [Touch 'n Go](https://www.ppro.com/payment-methods/touch-n-go/): Integrate Touch 'n Go, a leading local payment method in Malaysia with 17M+ users. This fast-growing e-wallet offers diverse services beyond payments. Easily reloadable and widely accepted, it's evolving into a potential super-app for Malaysians. - [Twint](https://www.ppro.com/payment-methods/twint/): Integrate TWINT, Switzerland's versatile local payment method. This app covers all commerce scenarios, from shopping to money transfers. With 350,000 acceptance points and growing, it's a key solution for Swiss transactions. - [GrabPay Singapore](https://www.ppro.com/payment-methods/grabpay-sg/): Integrate GrabPay, Singapore's versatile local payment method. Part of Grab super app, it serves 4M+ users across 4,000 merchants. Ideal for e-commerce growth. - [WeChat Pay in-Store: Merchant QRC](https://www.ppro.com/payment-methods/wechatpay-in-store-merchant-qrc/): Integrate WeChat Pay, China's dominant local payment method. With 900M+ users, it's essential for brands targeting Chinese consumers. Supports diverse transactions. - [OVO](https://www.ppro.com/payment-methods/ovo/): Integrate OVO, a leading local payment method in Indonesia. With 110M users across 300 cities, this e-wallet is key for e-commerce growth in the region. - [Trustly](https://www.ppro.com/payment-methods/trustly/): Leading European local payment method for secure bank transfers. Integrate this service to offer fast, fraud-free transactions. Connects 8,500+ merchants to 6,300+ banks. Real-time reconciliation and easy authentication for consumers. - [Multibanco](https://www.ppro.com/payment-methods/multibanco/): Portugal's top-recognized local payment method. Integrate this versatile system for e-commerce, licenses, and taxes. Pay via bank transfer or at 12,000+ ATMs. Operated by SIBS, preferred by Portuguese consumers. - [GoPay by Gojek](https://www.ppro.com/payment-methods/gopay/): Integrate GoPay, Indonesia's leading local payment method within the Gojek super app. This inclusive e-wallet serves millions, offering secure transactions for various services. Easily topped up, it supports immediate payments and PayLater options for seamless user experience. - [Alipay Online](https://www.ppro.com/payment-methods/alipay-online/): Alipay: China's leading local payment method with 1.2B+ users. Integrate this popular e-wallet to attract Chinese consumers. Essential for luxury, retail, and travel brands. Offers frictionless checkout for high conversion rates. - [Payconiq](https://www.ppro.com/payment-methods/payconiq/): Integrate Payconiq, a local payment method for Belgium and Luxembourg. This e-wallet offers easy smartphone payments, serving 70,000 merchants with bank support. - [Boost](https://www.ppro.com/payment-methods/boost/): Integrate Boost, a leading local payment method in Malaysia. This e-wallet offers easy, fast, and secure transactions across vendors. Beyond payments, it provides diverse services from gaming to insurance. Simple to fund and use with 'Tap and pay' feature. - [Paysafecard](https://www.ppro.com/payment-methods/paysafecard/): Anonymous local payment method for e-commerce. Integrate this prepaid solution, available in 52+ countries. Launched 2000, enables secure transactions without bank or credit card details. Users pay with 16-digit PIN. - [Pay-easy](https://www.ppro.com/payment-methods/pay-easy-bank-transfer/): Integrate Pay-easy, Japan's versatile local payment method. Offers secure online and offline options for e-commerce and public charges. Processed $259.6B in 2021. - [BLIK OneClick](https://www.ppro.com/payment-methods/blik-oneclick/): BLIK OneClick: Poland's essential payment method with 12M users and 60% e-commerce share. Skip BLIK codes for returning customers. $25B transaction volume via PPRO. - [Oxxo Batch](https://www.ppro.com/payment-methods/oxxo-direct/): Mexico's popular local payment method for e-commerce. Integrate this cash-based system linked to 20,431+ convenience stores across Latin America. Consumers pay with vouchers, enabling easy cash transactions for online purchases. - [LinkAja](https://www.ppro.com/payment-methods/linkaja/): Integrate LinkAja, a popular local payment method in Indonesia. This digital wallet serves 3M merchants, promotes financial inclusion, and offers multiple funding options. - [Skrill](https://www.ppro.com/payment-methods/skrill/): Integrate Skrill, a global payment method since 2001. Operating in 200 countries with 40 currencies, it offers e-wallet services, money transfers, and more. Easy to use with various funding options and 1-Tap payments. - [Dragonpay](https://www.ppro.com/payment-methods/philippines-banks-dragonpay/): Integrate Dragonpay, a versatile local payment method in the Philippines. Offers secure digital payments for unbanked consumers via cash or bank transfer. - [GrabPay Malaysia](https://www.ppro.com/payment-methods/grabpay-my/): Integrate GrabPay, Malaysia's growing local payment method. Part of Grab super app, it serves 17M+ users across 3,000+ merchants. Ideal for Southeast Asian market entry. - [Afterpay / Clearpay](https://www.ppro.com/payment-methods/afterpay/): Afterpay (US) and Clearpay (UK): Leading BNPL solution with 95% on-time payments. Interest-free installments boost merchant sales 2X and increase AOV 58% via PPRO. - [Zip](https://www.ppro.com/payment-methods/zip/): Integrate Zip, local payment method for flexible purchasing. Offers various interest-free and low-interest BNPL options, from small to large amounts. - [Paysera](https://www.ppro.com/payment-methods/paysera/): Integrate Paysera, Lithuania's pioneering local payment method. This e-wallet offers easy transfers and payments. First licensed EMI, operating since 2004. - [PayU](https://www.ppro.com/payment-methods/payu/): PayU: Popular local payment method for real-time bank transfers in Poland and Czech Republic. Integrate this e-commerce solution for direct account payments. Supports major banks, offering secure online transactions. - [Jenius Pay](https://www.ppro.com/payment-methods/jenius-pay/): Integrate Jenius Pay, a secure local payment method in Indonesia. This e-wallet by Bank BTPN offers easy 2-step payments using unique $Cashtags for online transactions. - [Pix](https://www.ppro.com/payment-methods/pix/): Brazil's revolutionary local payment method. Integrate this instant bank transfer system for 24/7 transactions. Launched 2020, mandated by Central Bank, rapidly adopted for e-commerce. Supports diverse account types. - [Boleto Bancário](https://www.ppro.com/payment-methods/boleto/): Boleto Bancário integration: Brazil's Central Bank-regulated payment method. Essential for 213M population where 67% lack credit cards. No chargeback risk, cash payments. - [Pay-easy](https://www.ppro.com/payment-methods/pay-easy-cash/): Integrate Pay-easy, a local payment method for Japanese e-commerce. Offers secure online bank transfers and offline cash payments, catering to risk-averse consumers. - [Estonia Banks](https://www.ppro.com/payment-methods/estonia-banks/): Integrate bank transfer, Estonia's preferred local payment method. Used in 52% of online transactions. Supported by major banks for seamless e-commerce. - [iDEAL](https://www.ppro.com/payment-methods/ideal/): iDEAL payment integration: Netherlands' leading method since 2005. 71% market share, payment guarantee for merchants. Supports all major Dutch banks via PPRO platform. - [Thailand Banks](https://www.ppro.com/payment-methods/thailand-banks/): Integrate bank transfer, a trusted local payment method in Thailand. Supported by top banks, it offers real-time payments for e-commerce via secure online banking. - [Maxima (Lithuanian Cash)](https://www.ppro.com/payment-methods/maxima-lithuanian-cash/): Integrate local payment methods in Lithuania's e-commerce. Cash payments offer anonymity and comprise 13% of online purchases. Implement through various channels. - [Satispay](https://www.ppro.com/payment-methods/satispay/): Integrate Satispay, Italy's leading local payment method for everyday transactions. This rapidly growing mobile app offers diverse services beyond payments. With 3.5M users and bank account connectivity, it's reshaping digital payments. - [BANCOMAT Pay](https://www.ppro.com/payment-methods/bancomat-pay/): Integrate BANCOMAT Pay®, Italy's local payment method for mobile transactions. Offers e-commerce, P2P, and in-store payments. Easy setup for PagoBANCOMAT® users.Copy - [eps](https://www.ppro.com/payment-methods/eps/): eps: Austria's primary local payment method for secure online bank transfers. Integrate this government-backed system, crucial for DACH e-commerce. Guaranteed transactions, ideal for cross-border shopping. Preferred by Austrian consumers. - [DOKU](https://www.ppro.com/payment-methods/doku/): Integrate DOKU, Indonesia's versatile local payment method. This e-wallet serves 150,000+ merchants, enabling online payments without a bank account. Easy to use and fund. - [UnionPay SecurePay](https://www.ppro.com/payment-methods/unionpay/): Integrate UnionPay, China's leading local payment method. With 9B+ cards globally, it offers access to 78+ countries and 63M+ merchants. Expand your market reach. - [Kredivo](https://www.ppro.com/payment-methods/kredivo/): Integrate Kredivo, Indonesia's fast-growing local payment method for BNPL. Offers instant credit for e-commerce and in-store purchases with easy 2-click checkout. - [Indomaret](https://www.ppro.com/payment-methods/indomaret/): Integrate Indomaret, a popular local payment method in Indonesia. This convenience store chain enables online-to-offline payments, bridging e-commerce and cash transactions. - [Bitpay](https://www.ppro.com/payment-methods/bitpay/): Integrate BitPay, a global local payment method for crypto. Converts digital currencies to 150+ fiat options. Secure, no volatility risk for merchants. --- ## Countries - [Singapore](https://www.ppro.com/countries/singapore/): Accept payments in Singapore with PayNow, GrabPay, local cards, and digital wallets. Comprehensive payment solutions for Singapore's advanced e-commerce market with PPRO. - [Hungary](https://www.ppro.com/countries/hungary/): Accept payments in Hungary with local bank transfers, SEPA payments, and international cards. Comprehensive payment solutions for Hungary's growing e-commerce market with PPRO. - [Sweden](https://www.ppro.com/countries/sweden/): Accept payments in Sweden with Swish, Klarna, bank transfers, and international cards. Comprehensive payment solutions for Sweden's digital-first e-commerce market with PPRO. - [Spain](https://www.ppro.com/countries/spain/): Accept payments in Spain with Bizum, SEPA transfers, local cards, and digital payment methods. Comprehensive payment solutions for Spain's mature e-commerce market with PPRO. - [New Zealand](https://www.ppro.com/countries/new-zealand/): Accept payments in New Zealand with POLi, Afterpay, EFTPOS, and international cards. Comprehensive payment solutions for New Zealand's growing e-commerce market with PPRO. - [Netherlands](https://www.ppro.com/countries/netherlands/): Accept payments in Netherlands with iDEAL, SEPA transfers, PayPal, and international cards. Comprehensive payment solutions for Netherlands' advanced e-commerce market with PPRO. - [Vietnam](https://www.ppro.com/countries/vietnam/): Accept payments in Vietnam with ZaloPay, MoMo, local cards, and digital payment solutions. Comprehensive payment solutions for Vietnam's rapidly growing e-commerce market with PPRO. - [Philippines](https://www.ppro.com/countries/philippines/): Accept payments in Philippines with GCash, PayMaya, local cards, and online banking. Comprehensive payment solutions for Philippines' mobile-first e-commerce market with PPRO. - [United Arab Emirates](https://www.ppro.com/countries/united-arab-emirates/): Accept payments in UAE with local cards, digital wallets, and international payment methods. Comprehensive payment solutions for UAE's dynamic e-commerce market with PPRO. - [Australia](https://www.ppro.com/countries/australia/): Accept payments in Australia with POLi, BPAY, Afterpay, and major credit cards. Comprehensive payment solutions for Australia's mature e-commerce market with PPRO. - [United Kingdom](https://www.ppro.com/countries/united-kingdom/): Accept payments in UK with Faster Payments, Afterpay, PayPal, and international cards. Comprehensive payment solutions for UK's mature e-commerce market with PPRO. - [Taiwan](https://www.ppro.com/countries/taiwan/): Accept payments in Taiwan with local cards, digital wallets, and online banking solutions. Comprehensive payment solutions for Taiwan's tech-savvy e-commerce market with PPRO. - [Nigeria](https://www.ppro.com/countries/nigeria/): Accept payments in Nigeria with Paystack, Flutterwave, local cards, and mobile payment solutions. Comprehensive payment solutions for Nigeria's rapidly growing e-commerce market with PPRO. - [South Africa](https://www.ppro.com/countries/south-africa/): Accept payments in South Africa with EFT, SnapScan, local cards, and mobile payment solutions. Comprehensive payment solutions for South Africa's growing e-commerce market with PPRO. - [Poland](https://www.ppro.com/countries/poland/): Accept payments in Poland with BLIK, Przelewy24, PayU, and local bank transfers. Comprehensive payment solutions for Poland's dynamic e-commerce market with PPRO. - [Finland](https://www.ppro.com/countries/finland/): Accept payments in Finland with Klarna, PayPal, SEPA Direct Debit, and bank transfers. Comprehensive payment solutions for Finland's high-value e-commerce market with PPRO. - [Morocco](https://www.ppro.com/countries/morocco/): Accept payments in Morocco with local cards, bank transfers, and digital payment methods. Comprehensive payment solutions for Morocco's emerging e-commerce market with PPRO. - [France](https://www.ppro.com/countries/france/): Accept payments in France with CB cards, PayPal, SEPA transfers, and digital wallets. Comprehensive payment solutions for France's sophisticated e-commerce market with PPRO. - [Mexico](https://www.ppro.com/countries/mexico/): Accept payments in Mexico with OXXO, SPEI transfers, local cards, and digital wallets. Comprehensive payment solutions for Mexico's fast-growing e-commerce market with PPRO. - [Hong Kong](https://www.ppro.com/countries/hong-kong/): Expand into Hong Kong with local payment methods including e-wallets, FPS bank transfers, and popular cards. Complete market insights and payment solutions for Hong Kong merchants. - [Kenya](https://www.ppro.com/countries/kenya/): Accept payments in Kenya with M-Pesa, local cards, and mobile payment solutions. Comprehensive payment solutions for Kenya's mobile-first e-commerce market with PPRO. - [Colombia](https://www.ppro.com/countries/colombia/): Accept payments in Colombia with Visa, Mastercard, bank transfers, and digital wallets. Comprehensive payment solutions for Colombia's expanding e-commerce market with PPRO. - [Austria](https://www.ppro.com/countries/austria/): Accept payments in Austria with EPS, Sofort, SEPA Direct Debit, and Mastercard. Comprehensive payment solutions for Austria's digital-focused e-commerce market with PPRO. - [Greece](https://www.ppro.com/countries/greece/): Accept payments in Greece with local cards, SEPA transfers, and digital payment methods. Comprehensive payment solutions for Greece's developing e-commerce market with PPRO. - [China](https://www.ppro.com/countries/china/): Accept payments in China with Alipay, WeChat Pay, UnionPay, and digital wallets. Comprehensive payment solutions for China's massive mobile-first e-commerce market with PPRO. - [Portugal](https://www.ppro.com/countries/portugal/): Accept payments in Portugal with MB WAY mobile wallet, Multibanco, and local bank transfers. Comprehensive payment solutions for Portugal's growing e-commerce market with PPRO. - [Turkey](https://www.ppro.com/countries/turkey/): Accept payments in Turkey with Troy cards, local bank transfers, and digital payment methods. Comprehensive payment solutions for Turkey's growing e-commerce market with PPRO. - [Italy](https://www.ppro.com/countries/italy/): Accept payments in Italy with PostePay, SEPA transfers, PayPal, and local cards. Comprehensive payment solutions for Italy's growing e-commerce market with PPRO. - [Thailand](https://www.ppro.com/countries/thailand/): Accept payments in Thailand with PromptPay, TrueMoney, local cards, and digital wallets. Comprehensive payment solutions for Thailand's mobile-first e-commerce market with PPRO. - [United States](https://www.ppro.com/countries/united-states/): Accept payments in the US with Afterpay, Venmo, Amazon Pay, Zip, and major credit cards. Comprehensive payment solutions for America's massive e-commerce market with PPRO. - [Chile](https://www.ppro.com/countries/chile/): Accept payments in Chile with local cards, Visa, Mastercard, and digital wallets. Comprehensive payment solutions for Chile's rapidly growing e-commerce market with PPRO. - [Malaysia](https://www.ppro.com/countries/malaysia/): Accept payments in Malaysia with GrabPay, Touch 'n Go, online banking, and international cards. Comprehensive payment solutions for Malaysia's digital e-commerce market with PPRO. - [South Korea](https://www.ppro.com/countries/south-korea/): Accept payments in South Korea with KakaoPay, Samsung Pay, local cards, and digital wallets. Comprehensive payment solutions for South Korea's tech-advanced e-commerce market with PPRO. - [Israel](https://www.ppro.com/countries/israel/): Accept payments in Israel with local cards, bank transfers, and digital payment methods. Comprehensive payment solutions for Israel's tech-savvy e-commerce market with PPRO. - [Peru](https://www.ppro.com/countries/peru/): Accept payments in Peru with Visa, Mastercard, and digital wallets. Comprehensive payment solutions for Peru's fast-growing e-commerce market with PPRO. - [Brazil](https://www.ppro.com/countries/brazil/): Accept payments in Brazil with Pix, Boleto Bancário, and local cards. Comprehensive payment solutions for the thriving Brazilian e-commerce market with PPRO. - [Saudi Arabia](https://www.ppro.com/countries/saudi-arabia/): Accept payments in Saudi Arabia with STC Pay, local cards, and digital payment methods. Comprehensive payment solutions for Saudi Arabia's expanding e-commerce market with PPRO. - [Belgium](https://www.ppro.com/countries/belgium/): Access Belgium's $23B e-commerce market by 2027. 80% shop cross-border ($4.7B value), local card schemes dominate 78% vs international 22%. Bancontact leads, mobile usage doubled. - [Argentina](https://www.ppro.com/countries/argentina/): Accept payments in Argentina with Visa, Mastercard, Naranja, Cabal cards, and digital wallets. Comprehensive payment solutions for Argentina's booming e-commerce market with PPRO. - [Egypt](https://www.ppro.com/countries/egypt/): Accept payments in Egypt with local cards, digital wallets, and international payment methods. Comprehensive payment solutions for Egypt's emerging e-commerce market with PPRO. - [Norway](https://www.ppro.com/countries/norway/): Accept payments in Norway with Vipps, bank transfers, international cards, and digital wallets. Comprehensive payment solutions for Norway's mature e-commerce market with PPRO. - [Denmark](https://www.ppro.com/countries/denmark/): Accept payments in Denmark with MobilePay, Dankort, SEPA transfers, and international cards. Comprehensive payment solutions for Denmark's digital-first e-commerce market with PPRO. - [Germany](https://www.ppro.com/countries/germany/): Accept payments in Germany with SEPA Direct Debit, Sofort, PayPal, and local cards. Comprehensive payment solutions for Germany's leading European e-commerce market with PPRO. - [Switzerland](https://www.ppro.com/countries/switzerland/): Accept payments in Switzerland with bank transfers, TWINT, Mastercard, and local payment methods. Comprehensive payment solutions for Switzerland's high-value e-commerce market with PPRO. - [Indonesia](https://www.ppro.com/countries/indonesia/): Accept payments in Indonesia with GoPay, OVO, Kredivo, and local bank transfers. Comprehensive payment solutions for Indonesia's mobile-first e-commerce market with PPRO. - [Japan](https://www.ppro.com/countries/japan/): Accept payments in Japan with Pay-easy bank transfers, Konbini cash payments, PayPay mobile wallet, and international cards. Comprehensive payment solutions for Japan's premium e-commerce market with PPRO. - [India](https://www.ppro.com/countries/india/): Accept payments in India with UPI, PayTM, Google Pay, Amazon Pay, and RuPay cards. Comprehensive payment solutions for India's mobile-first e-commerce market with PPRO. - [Canada](https://www.ppro.com/countries/canada/): Accept payments in Canada with Interac, Visa, Mastercard, and digital wallets. Comprehensive payment solutions for Canada's growing e-commerce market with PPRO. - [Czech Republic](https://www.ppro.com/countries/czech-republic/): Accept payments in Czech Republic with PayU, Paysera, bank transfers, and international cards. Comprehensive payment solutions for Czech Republic's growing e-commerce market with PPRO. --- ## Pages - [Sales CN](https://www.ppro.com/zh-hans/contact/sales/): 想与我们取得联系？填写这个简短的表格，我们会尽快回复您。 - [Support CN](https://www.ppro.com/zh-hans/contact/support/): If you work with PPRO and need to get in touch with our support team, fill in this form and... - [zh-hans](https://www.ppro.com/zh-hans/): 我们是PPRO,Hello, ciao, 你好！ 我们是ppro(读作"p-pro"). 我们通过一站式连接为银行以及支付机构提供电子支付基础设施服务 ... 这些使用我们的电子支付基础设施来开展各种业务 什么是电子支付基础施？ 搭建电子支付平台和服务需要大量时间和经济成本。怎么能做的更好？ 我们的基础设施为您提供更多施展空间并优化您的支付服务，任何能优化的事。银行卡，各种支付方式，欺诈交易侦测工具，以及其他必要的产品。 所有这些都可以通过一个由次世代编排提供支持的云原生技术堆栈访问。 所以，当您可以一站式接入并拓展这些服务时，就不再需要额外单独构建。 了解我们的产品 电子支付方式 让电子支付方式部署的又快又简单 本地和备选支付方式常常要用一整年来启动。如果我们来帮您处理最繁重的那些启动准备工作，您最快只需在一周内可以搞定所有。 我们助力世界上最大的支付网关和平台 支付服务提供商和其他公司依靠我们的服务、专业知识和人员为其平台提供动力并帮助其发展。 想与专家们成为伙伴？让我们一起聊聊 联系我们的团队看看我们能够为您的生意提供怎样的帮助 - [Accept payments](https://www.ppro.com/zh-hans/accept-payments/): 电子支付方式 越早部署。越快开始销售。 “整合和激活单一的电子支付方式往往甚至需要花上一整年时间和100万美元。 但通过我们现在的现有集成，我们将在几周内帮助您完成这项工作，以便您更快地进入市场。" 一份合约，一次对接。多种支付方式。 与我们签订一份合同，您将通过一个连接获得多种支付方式。 这意味着你不必花费更多时间和金钱与每个支付方式提供商建立联系。 提供正确的组合。打开新的收入来源。 更多支付方式并不意味着更多收入。您需要的是适合商家目标市场和消费者的正确选择。 我们专注于本地支付超过 16 年。因此，您可以依靠我们来组合符合当地习惯的电子支付选项 跳过银行设置 想在另一个国家接受付款？你可能需要建立一个本地银行账户和一个公司实体。这个过程可能需要几个月的时间。 或者，您可以与我们合作，利用我们已建立的网络，加快进入目标市场的速度。 轻松通过商务谈判 与海外支付方式提供商谈判商业协议往往会减慢您进入新市场的速度。 我们拥有一支全球性的多语种团队，专门负责合同和定价工作。他们将为您和您的商家争取到最好的交易。” 将合规、监管和税务事务交给我们 我们拥有合规、法规、欺诈和税务方面的专家。您会在全球各个角落找到他们，从北美和拉丁美洲到欧洲和亚太地区。... - [Contact CN](https://www.ppro.com/zh-hans/contact/): 联系我们 需要与我们取得联系？从这里开始，我们会很乐意联系您。 - [Subscriptions 101](https://www.ppro.com/campaigns/subscriptions-101/): See how local payment methods like Pix Automático and SEPA Direct Debit turn one-time buyers into long-term subscribers. - [Subscriptions](https://www.ppro.com/industries/subscriptions/): Serving subscription businesses of all kinds. Where local consumers want to subscribe, we'll support the payments. - [LATAM General Terms and Conditions](https://www.ppro.com/legal/latam-general-terms-and-conditions/): LATAM General Terms and Conditions Appendix 1 – Required DisclosuresDefinitions and interpretation Last updated 24/04/2025. The LATAM General Terms &... - [Contact page for official authority requests](https://www.ppro.com/legal/contact-page-for-official-authority-requests/): PPRO offers regulated financial services and technical processing solutions to a range of payment service providers and online merchants which allows them to offer that service to their own customers but this does not necessarily mean the underlying business has a contractual relationship with PPRO. - [Privacy notice Colombia](https://www.ppro.com/legal/privacy-notice/privacy-notice-colombia/): Este Aviso de Privacidad lo ayudará a comprender cómo recabamos, utilizamos y protegemos su información personal. - [ThePaypers Global Ecommerce Report 2025](https://www.ppro.com/thepaypers-global-ecommerce-report-2025/): Unlocking LATAM's Payment Potential: Trends and Challenges for Merchant Success - [Data protection - Terms and Conditions](https://www.ppro.com/legal/payment-services-agreement-general-terms-and-conditions/data-protection-terms-and-conditions/): Data protection for General Terms and Conditions - [Payment Services Agreement - General Terms and Conditions](https://www.ppro.com/legal/payment-services-agreement-general-terms-and-conditions/): PPRO Payment Services Agreement – General Terms & Conditions General Terms & ConditionsDefinitionsProhibited IndustriesGirolink Prohibited IndustriesProhibited TerritoriesService Level AgreementsData Protection... - [Activate local payments](https://www.ppro.com/solutions/activate-local-payments/): Partner with PPRO to access 85+ local payment methods, simplify compliance, and accelerate your global growth effortlessly. - [Payment service providers](https://www.ppro.com/solutions/who-we-serve/payment-service-providers/): PSPs | Access all the local payment methods your customers care about in one place - PPRO - [Merchants](https://www.ppro.com/solutions/who-we-serve/merchants/): Merchants | Grow your business by letting your customers pay local - PPRO - [Solutions](https://www.ppro.com/solutions/): Simplify local payments with PPRO’s platform. Connect to 85+ markets, serve 2M merchants, and boost your global growth. - [FAQs](https://www.ppro.com/faqs/): Find answers to common questions about PPRO’s local payments platform. Get the support and information you need quickly and easily. - [Team](https://www.ppro.com/about-us/team/): Join PPRO’s global team of 400+ from 60 nations. Embrace diversity, build impactful careers, and support communities worldwide. - [LATAM](https://www.ppro.com/regions/latam/): Connect to all major LATAM payment methods - from Brazil's Pix to Mexico's Oxxo. Boost your e-commerce success with PPRO's complete payment solutions in Latin America's fast-growing market. - [Modern Slavery Statement](https://www.ppro.com/modern-slavery-statement/): PPRO Financial Limited (PPRO) endeavours to contribute to the prevention of slavery and human trafficking as mandated in Section 54, Part 6 of the Modern Slavery Act 2015. - [Términos y condiciones aplicables para Perú](https://www.ppro.com/legal/terminos-y-condiciones-aplicables-para-peru/): Términos y condiciones aplicables para Perú YearSegmentoTipo de TarjetaMinAvgMax 2024Servicios de TITdD2. 20%2. 58%3. 99% 2024Servicios de TITdC2. 20%2. 37%3. 99% - [Privacy notice photo and video](https://www.ppro.com/privacy-notice-photo-and-video/): Privacy policy Ambient pictures and short videos are being taken by PPRO personnel at this event, for the purpose of... - [Country reports](https://www.ppro.com/countries/): Discover payment preferences and e-commerce trends across 50+ countries. Access detailed country reports on local payment methods, market insights, and customer behaviors to optimize your global expansion strategy. - [Privacy Notice Spanish](https://www.ppro.com/legal/privacy-notice/spanish/): Este Aviso de Privacidad lo ayudará a comprender cómo recabamos, utilizamos y protegemos su información personal. - [Privacy Notice Portuguese](https://www.ppro.com/legal/privacy-notice/portuguese/): Este Aviso de Privacidade irá ajudá-lo a compreender como coletamos, usamos e protegemos suas informações pessoais. - [Candidate privacy policy](https://www.ppro.com/candidate-privacy-policy/): This Privacy Notice sets out the basis on which the personal data collected from you will be processed by us in connection with our recruitment processes. - [Events listing](https://www.ppro.com/event-listing/): This content is password protected. To view it please enter your password below: Password: - [LatAm digital payment services for businesses](https://www.ppro.com/latam-processing-services/): Hey, we’re PPRO (pronounced “p-pro”). Businesses and banks partner with us to manage the increasing complexity in the payments ecosystem and accelerate their growth. - [Contact](https://www.ppro.com/contact/): Get in touch with PPRO for support, inquiries, or partnerships. We’re here to help your business succeed with local payments. - [Support](https://www.ppro.com/contact/support/): If you work with PPRO and need to get in touch with our support team, fill in this form and... - [Contact](https://www.ppro.com/contact/): 联系我们 需要与我们取得联系？从这里开始，我们会很乐意联系您。 - [Support](https://www.ppro.com/contact/support/): If you work with PPRO and need to get in touch with our support team, fill in this form and... - [Sales](https://www.ppro.com/contact/sales/): 想与我们取得联系？填写这个简短的表格，我们会尽快回复您。 - [PPRO - MONEY 2020](https://www.ppro.com/ppro-money-2020/): Hey, we’re PPRO (pronounced “p-pro”). Businesses and banks partner with us to manage the increasing complexity in the payments ecosystem and accelerate their growth. - [Home v3](https://www.ppro.com/): Boost your global e-commerce with PPRO. Activate, accept, and manage local payment methods in 85+ markets for enhanced customer trust and growth. - [Accept payments](https://www.ppro.com/accept-payments/): 一份合约，一次对接。多种支付方式。与我们签订一份合同，您将通过一个连接获得多种支付方式。这意味着你不必花费更多时间和金钱与每个支付方式提供商建立联系。 - [Accept local payments](https://www.ppro.com/solutions/accept-local-payments/): Accept local payments seamlessly with PPRO. Connect multiple methods, streamline checkout, and enhance customer experience effortlessly. - [Manage local payments](https://www.ppro.com/solutions/manage-local-payments/): Simplify funds, FX, remittance, and tax management with PPRO. Streamline your money flows and focus on growing your business. - [Manage payments](https://www.ppro.com/manage-payments/): Digital payment methods Offload your payments management After we activate your digital payment methods, we’ll take care of all the... - [Regions](https://www.ppro.com/regions/): Our e-commerce reports contain the insights you need to break into new markets and boost your cross-border checkout conversions. - [Search](https://www.ppro.com/search/): Find out about PPRO. Type in your request and PPRO will provide you with the right solution. Not found what you are looking for? Contact our team. - [FAQ](https://www.ppro.com/faq/): Welcome to PPRO's FAQs. Find answers to frequently asked questions or get in touch with our friendly team. - [Partners](https://www.ppro.com/about-us/partners/): Cooperate with PPRO's Partners like PayPal, Stripe and more to grow your local payment offering. Our payment experts will support every step. - [Privacy Notice](https://www.ppro.com/legal/privacy-notice/): This Privacy notice will help you understand how we collect, use and protect your personal information. - [Disclaimer](https://www.ppro.com/legal/disclaimer/): PPRO Financial Ltd • 20 Midtown, Procter Street • London • WC1V 6NX • UK - [PPRO entities](https://www.ppro.com/legal/ppro-entities/): The PPRO Group compromises PPRO Holding GmbH, together with its subsidiaries. The PPRO Group entities are incorporated in the following jurisdictions... - [Events](https://www.ppro.com/events/): Check our latest events and meet-ups. Take part in panel discussion, conferences & more. Register now & do not miss the chance of networking. - [News](https://www.ppro.com/news/): Catch up on all the latest news and views from our payments experts and partners. Remain informed about new launches and integrations of PPRO. - [Insights](https://www.ppro.com/insights/): Explore blogs, podcasts and market researches from the field of FinTech. Gain insights into regional data on e-commerce and shopping behaviour. - [Payment methods](https://www.ppro.com/payment-methods/): Find out which local payment methods you'll need to increase your global sales. Filter by region, country and payment types. - [About us](https://www.ppro.com/about-us/): Since 2006, PPRO helps PSPs and merchants grow globally by activating, accepting, and managing 85+ local payment methods. --- ## Insights - [E-commerce Compliance in Spain: Strategies for Seamless Growth](https://www.ppro.com/insights/e-commerce-compliance-in-spain-strategies-for-seamless-growth/): Spain’s digital economy is thriving and so is the opportunity for global e-commerce merchants. As one of Europe’s most dynamic e-commerce markets, Spain offers a powerful mix of high smartphone penetration, digitally savvy consumers, and growing appetite for online cross-border shopping. - [Mexico’s e-commerce and digital payments growth era: A strategic opportunity for global merchants](https://www.ppro.com/insights/mexicos-e-commerce-and-digital-payments-growth-era/): Mexico’s e-commerce market is growing at an impressive pace, nearly doubling in value since 2019. With more consumers shopping online, increasing cross-border purchases, and evolving payment preferences, the opportunities for global merchants are bigger than ever - [Merchant’s guide to e-commerce payments in Spain](https://www.ppro.com/insights/merchants-guide-to-e-commerce-payments-in-spain/): Discover how to succeed in Spain's €98.9B e-commerce market with our expert guide covering local payment methods, consumer trends, and market entry strategies for international merchants. - [Subscriptions and recurring payments: The LATAM revolution](https://www.ppro.com/insights/subscriptions-and-recurring-payments-the-latam-revolution/): Explore LATAM's booming subscription economy. Learn about key trends, payment solutions (like Pix and OXXO), and strategies for success in this dynamic market. - [E-commerce opportunities in Brazil: A market overview](https://www.ppro.com/insights/e-commerce-opportunities-in-brazil-a-market-overview/): Brazil is quickly becoming a hot spot for e-commerce, driven by widespread internet use, a growing number of digital shoppers, and some groundbreaking innovations in how people pay online. - [Why Latin America is the next big market for e-commerce merchants](https://www.ppro.com/insights/why-latin-america-is-the-next-big-market-for-e-commerce-merchants/): Latin America is emerging as a prime opportunity for global e-commerce merchants, thanks to rapid digital adoption, growing internet penetration, and evolving payment infrastructures. - [A quick guide to local payments in Latin America](https://www.ppro.com/insights/a-quick-guide-to-local-payments-in-latin-america/): Latin America’s e-commerce is booming, with transaction volumes projected to reach USD $870 billion across the top six markets by 2026. But navigating LATAM’s unique payment preferences, infrastructure and regulations can be complex. - [What’s next for the German payments market?](https://www.ppro.com/insights/whats-next-for-the-german-payments-market/): This report provides an in-depth analysis of upcoming changes in Germany's payment landscape, focusing on key trends and strategies for payment service providers (PSPs) and merchants. - [Portugal e-commerce market guide](https://www.ppro.com/insights/portugal-e-commerce-market-guide/): The "Market Guide E-commerce in Portugal" outlines significant growth in Portugal's e-commerce sector, contributing about 3% to the GDP. - [India e-commerce market guide](https://www.ppro.com/insights/india-e-commerce-market-guide/): Dive into the future of India's e-commerce with our comprehensive market guide. Discover key insights on consumer behaviors, payment preferences, and strategies for success in one of the world's fastest-growing digital marketplaces. - [Brazil e-commerce market guide](https://www.ppro.com/insights/brazil-e-commerce-market-guide/): Explore the vibrant e-commerce landscape of Brazil in our comprehensive market guide. Dive into the surge of payment methods like Pix, transforming Brazil into a digital payments haven. - [Switzerland e-commerce market guide](https://www.ppro.com/insights/switzerland-e-commerce-market-guide/): Explore the vibrant Swiss e-commerce market with our comprehensive guide, highlighting key trends, preferred payment methods, and regulatory insights. - [Navigating the Swiss e-commerce landscape: unlocking the potential of TWINT](https://www.ppro.com/insights/navigating-the-swiss-e-commerce-landscape-unlocking-the-potential-of-twint/): By Adrian Burgess, Head of Payment Partnerships, EMEA at PPRO E-commerce has been on a meteoric rise in Switzerland, reshaping... - [Are you ready for the online shopping festival season? Now is the time to optimise your online payments pages!](https://www.ppro.com/insights/are-you-ready-for-the-online-shopping-festival-season/): Merchants should not hesitate to offer multiple payment methods to cover a wider audience and to always have a backup payment method available... - [Local payment methods - why you need them](https://www.ppro.com/insights/local-payment-methods-why-you-need-them/): Local payment methods can boost your conversions. How to tell if you need local payment methods? PPRO explains it to you. - [Alternative Payment Methods: A Comprehensive Guide](https://www.ppro.com/insights/alternative-payment-methods-what-are-they/): Learn more about alternative payment methods - Buy Now Pay Later, E-wallets, Bank transfers, Card-based payments, Cash-based and more. - [Pause for thought – International Women’s Day, a moment to reflect on D&I](https://www.ppro.com/insights/ppro-international-womens-day-2023/): Fintech has experienced significant growth in recent years, emerging as a major driver of innovation and change. However, this growth has been accompanied by a concerning trend: the industry is still heavily male-dominated. - [Booming e-commerce market makes Portugal top target for merchants](https://www.ppro.com/insights/booming-e-commerce-market-makes-portugal-top-target-for-merchants/): The latest figures indicate that the Portuguese e-commerce market will grow by 8.4% per year to 2024. This is on the back of a massive 31.6% growth in 2020, with double digit sales growth... - [Increase conversion rates with a better, smoother checkout](https://www.ppro.com/insights/the-playbook-for-payment-pages/): On average, 20% of customers don’t make a purchase even after spending time filling out personal details. Why is that? What can businesses do to lower that number? - [Disrupting payments in Europe: Italy and the e-wallet](https://www.ppro.com/insights/disrupting-payments-in-europe-italy-and-the-e-wallet/): We chat with Satispay – Italy’s favourite e-wallet – about the growth of Italian e-commerce and why merchants and consumers love Satispay. - [How payments innovation is thriving in Singapore](https://www.ppro.com/insights/how-payments-innovation-is-thriving-in-singapore/): We dive deeper into the Singaporean payments landscape with guests Lawrence Chan (Group CEO at Nets) and Kelvin Phua (VP of at PPRO). - [Strengthening payment security for marketplaces](https://www.ppro.com/insights/strengthening-payment-security-for-marketplaces/): Leading marketplaces use AI and machine learning to monitor transactions and detect fraud to secure payments. Discover how it is done - [Beyond US borders: How to thrive in a modern global market](https://www.ppro.com/insights/beyond-us-borders-thrive-in-a-global-market/): The cross-border e-commerce market is booming. But what does expanding US businesses need to thrive beyond American borders? Let us guide you - [International Women's Day 2022](https://www.ppro.com/insights/international-womens-day-2022/): In honour of International Women's Day, Payments Radio speaks to women spearheading change within the payments industry - [How US businesses can thrive in a fast-changing global market](https://www.ppro.com/insights/how-us-businesses-can-thrive-in-a-fast-changing-global-market/): The report provides research on international payment methods, trends, and cultural insights for American companies to succeed in global e-commerce - [Looking into Lunar New Year: What to expect for 2022](https://www.ppro.com/insights/lunar-new-year-what-to-expect-for-2022/): What do Year of the Tiger celebrations have in store for businesses? What will consumers be spending on? Let’s take a look. - [11.11 (or Singles’ Day), singular event on the e-commerce calendar](https://www.ppro.com/insights/11-11-or-singles-day-singular-event-on-the-e-commerce-calendar/): We dive into the past, present, and future of the record-breaking e-commerce event, 11.11 (formerly known as Singles’ Day). - [Payment trends in Belgium: chat with Bancontact Payconiq](https://www.ppro.com/insights/payment-trends-in-belgium-chat-with-bancontact-payconiq/): 68% of all online payments are mobile in Belgium, which is one of the fastest growing e-commerce markets in the world. - [Money20/20 USA: a recap of the first in-person event](https://www.ppro.com/insights/money20-20-usa-a-recap-of-the-first-in-person-event/): Our payments experts travelled to Las Vegas on October 24-27, and (finally) met with old friends and made new ones. - [The most important book in payments](https://www.ppro.com/insights/the-most-important-book-in-payments/): It’s. Finally. Here. The latest, greatest, and most comprehensive source for global e-commerce and payments data is out now. - [A guide to increasing checkout conversions](https://www.ppro.com/insights/a-guide-to-increasing-checkout-conversions/): Data on global conversion rates, how to decrease cart abandonment, why transactions fail, and a simple checkout-page checklist - [Out with the old, in with the bold](https://www.ppro.com/insights/out-with-the-old-in-with-the-bold/): PPRO has experienced tremendous growth recently. We’ve expanded to over 400 people and built the leading digital payments infrastructure. - [Payments past, present, and future: A chat with the pros](https://www.ppro.com/insights/payments-past-present-and-future-a-chat-with-the-pros/): Meaghan Johnson speaks to PPRO CEO Simon Black and Claire Gates what all payment companies should be prioritising in 2022. - [Indonesia’s exciting digital payments landscape](https://www.ppro.com/insights/indonesias-exciting-digital-payments-landscape/): E-commerce in Indonesia is about to surpass India. Yet less than 5% use credit cards, preferring to make payments with digital payment methods - [Payment innovations in Sweden](https://www.ppro.com/insights/payment-innovations-in-sweden/): Anna Blyablina, Mambu, and Andrew Edem, PPRO’s speak about Swedish payments Klarna, Swish, the e-krona – and more! - [The state of e-commerce and payments in Latin America](https://www.ppro.com/insights/the-state-of-e-commerce-and-payments-in-latin-america/): Latin America is one of the fastest-growing e-commerce markets. Payments Radio brings you ultimate breakdown of its e-commerce state. - [Central Bank Digital Currencies: Part 2](https://www.ppro.com/insights/central-bank-digital-currencies-part-2/): Central bank digital currencies (CBDCs) chat: Tony McLaughlin (Transaction Banking at Citibank) and Dr. Ruth Wandhöfer (Gauss Ventures) - [Central Bank Digital Currencies: Part 1](https://www.ppro.com/insights/central-bank-digital-currencies-part-1/): We bring you Part 1 of a series about central bank digital currencies (CBDC) with Ralf Ohlhausen and Dave Birch of digital financial services. - [Payments Radio and Judopay go to the pub](https://www.ppro.com/insights/payments-radio-and-judopay-go-to-the-pub/): Judopay joins PPRO for a (virtual) pint and a chat about how the UK is paying for real pints now that pubs are open again. Listen for free - [PPRO and Arvato present: How Europe prefers to pay](https://www.ppro.com/insights/ppro-and-arvato-present-how-europe-prefers-to-pay/): Joint E-Commerce Payment Report 2021 with Arvato. This report reflects their expertise and our knowledge of the European payments landscape. - [Payments in Japan with guests Shun Hirase and An Lu](https://www.ppro.com/insights/payments-in-japan-with-guests-shun-hirase-and-an-lu/): Meaghan Johnson hosts Shun Hirase from DGFT and An Lu from PPRO to discuss Golden Week (one of the largest... - [Europe’s most popular payment methods](https://www.ppro.com/insights/europes-most-popular-payment-methods/): Meaghan Johnson hosts experts from disruptive European payment methods Trustly and Satispay to debate between the benefits of e-wallets and... - [The payments that power e-gaming](https://www.ppro.com/insights/the-payments-that-power-e-gaming/): From mobile to console games to stadium-packing e-sports ... host Meaghan Johnson and payments expert Matt Jackson cover it all... - [A catalyst for growth: local payment methods & the booming Italian market](https://www.ppro.com/insights/a-catalyst-for-growth-local-payment-methods-the-booming-italian-market/): Italy is one of Europe’s fastest growing e-commerce markets. However, what are the specific, local requirements for retailers looking to... - [Payment trends making noise: What we learned at MPE 2021](https://www.ppro.com/insights/payment-trends-making-noise-what-we-learned-at-mpe-2021/): Welcome the new host of Payments Radio, Meaghan Johnson! James Booth and Muayad Sayd-Ali chat with Meaghan about their key... - [International Women’s Day special with Kristy Duncan](https://www.ppro.com/insights/international-womens-day-special-with-kristy-duncan/): Welcome the new host of Payments Radio, Meaghan Johnson! For International Women’s Day, Meaghan brings on Kristy Duncan, the founder... - [Telling the fortune of digital payments in 2021, CNY style](https://www.ppro.com/insights/telling-the-fortune-of-digital-payments-in-2021-cny-style/): Just over one year into the COVID-19 pandemic, it has been impossible to ignore the stratospheric growth of digital payment... - [Is the dust settling? Or is the payments industry just getting revved up for 2021?](https://www.ppro.com/insights/is-the-dust-settling-or-is-the-payments-industry-just-getting-revved-up-for-2021/): It has been a year of momentous change for the payments industry. Previously emerging trends have seen a massive acceleration... - [E-commerce in Southeast Asia: Crushing Complexity, Cashing In and lifting boats](https://www.ppro.com/insights/e-commerce-in-southeast-asia-crushing-complexity-cashing-in-and-lifting-boats/): Southeast Asian e-commerce is worth $100 billion today. That number will triple in size by 2025 . Unsurprisingly, the global... - [Will this Holiday Season Change E-commerce Forever?](https://www.ppro.com/insights/will-this-holiday-season-change-e-commerce-forever/): How Merchants Can Prepare for the Largest Event in E-Commerce History 2020 has transformed many aspects of life, and the... - [Are merchants ready for an all-digital 2020 holiday season?](https://www.ppro.com/insights/are-merchants-ready-for-an-all-digital-2020-holiday-season/): The seasonal rush has officially begun. Last month 10. 10 kicked things off in APAC and many of us recently... - [The largest event in e-commerce history? ‘Tis the season](https://www.ppro.com/insights/the-largest-event-in-e-commerce-history-tis-the-season/): Black Friday, Cyber Monday and 11. 11 (Singles’ Day) 2020 almost here: get ready for a holiday sales tsunami Sometimes,... - [Payments News Roundup: October 21, 2020](https://www.ppro.com/insights/payments-news-roundup-october-21-2020/): This week, Matt Jackson and James Booth bring you Apple Pay QR codes, Stripe’s recent acquisition of Nigeria’s Paystack for... - [Payments News Roundup: September 1, 2020](https://www.ppro.com/insights/payments-news-roundup-september-1-2020/): This week, Matt Jackson and James Booth bring you Mastercard’s move into the SME market, SE Asian e-wallets, the cashless... - [Payments News Roundup: August 13, 2020](https://www.ppro.com/insights/payments-news-roundup-august-13-2020/): Welcome to Payments Radio by PPRO, the show for and about the payments industry. This week, Matt Jackson and James... - [Payments In a Time of Social Distancing](https://www.ppro.com/insights/payments-in-a-time-of-social-distancing/): PPRO’s payments experts look at the monumental (and likely permanent) changes in consumer behaviour caused by COVID-19, reveal which industries... - [Welcome back: Introducing Payments Radio!](https://www.ppro.com/insights/welcome-back-introducing-payments-radio/): PPRO podcasts are back! Matt Jackson and James Booth bring you Payments Radio, the show for and about the payments... - [Seamless Asia Virtual](https://www.ppro.com/insights/seamless-asia-virtual/): Explore other insights You might enjoy these other nuggets of wisdom. - [US PPRO Partner Connect](https://www.ppro.com/insights/us-ppro-partner-connect/): Explore other insights You might enjoy these other nuggets of wisdom. - [PPRO Partner Connect](https://www.ppro.com/insights/ppro-partner-connect/): Explore other insights You might enjoy these other nuggets of wisdom. - [Did Sweden just set the next big trend in e-commerce payments?](https://www.ppro.com/insights/did-sweden-just-set-the-next-big-trend-in-e-commerce-payments/): Designed to increase consumer protection for online shopping and curb rising household debt amongst Swedish consumers (currently increasing at a... - [How Europeans pay in cash online with Paysafecash](https://www.ppro.com/insights/how-europeans-pay-in-cash-online-with-paysafecash/): Robert Albrecht, the Head of Product Line for Paysafecash (Head of New Business at the time of recording), speaks to... - [Open Banking and the Challenges of PSD2](https://www.ppro.com/insights/open-banking-and-the-challenges-of-psd2/): Open Banking presents a hopeful vision for the future of the financial services sector. But there’s still a lot of... - [The key to reducing online basket abandonment: keeping up with customer payment preferences](https://www.ppro.com/insights/the-key-to-reducing-online-basket-abandonment/): Offering high-quality customer experiences and enhancing customer journeys are two topics that have been reoccurring retail themes for the best... - [Decoding Asia-Pacific’s e-commerce landscape](https://www.ppro.com/insights/decoding-asia-pacifics-e-commerce-landscape/): Asia-Pacific (APAC) is both a fascinating and complex region when it comes to its e-commerce landscape. With the ubiquitous use... - [Payments in a time of social distancing](https://www.ppro.com/insights/payments-in-a-time-of-social-distancing-blogpost/): It’s not news that the global pandemic has seen dramatic changes in consumer behaviour. People who have previously resisted shopping... - [E-commerce in Japan: Seizing the cross-border opportunity](https://www.ppro.com/insights/e-commerce-in-japan-seizing-the-cross-border-opportunity/): Despite all the difficulties created by COVID-19, Japanese e-commerce is growing at a steady 9% and there is a lucrative... - [Not So Fast: What’s Blocking the Future of Invisible Payments?](https://www.ppro.com/insights/not-so-fast-whats-blocking-the-future-of-invisible-payments/): Invisible payments will continue to revolutionise the customer experience. PPROs goal is to help payment service providers create the best... - [Cashless or Classless: The Flaws in Today’s Payment Debate](https://www.ppro.com/insights/cashless-or-classless-the-flaws-in-todays-payment-debate/): There is a constant debate on whether global economies should continue to offer cash payments or go cashless by converting... - [Local Payments in Latin America](https://www.ppro.com/insights/local-payments-in-latin-america/): Latin American e-commerce is experiencing unprecedented growth, and its various markets are rich with opportunity for merchants expanding across borders.... - [Why are bank transfer payments in the UK more popular than ever?](https://www.ppro.com/insights/why-are-bank-transfer-payments-in-the-uk-more-popular-than-ever/): The UK has one of the most innovative and fast-moving fintech sectors in Europe. Last year, investment in the British... - [A beginner’s guide to digital payments in China](https://www.ppro.com/insights/a-beginners-guide-to-digital-payments-in-china/): Everything in China is on a different scale. With more than 1. 3 billion people, it’s the most populous country... - [Why 2020 is the year of cross-border e-commerce in Japan](https://www.ppro.com/insights/why-2020-is-the-year-of-cross-border-e-commerce-in-japan/): Japan is the world’s third-biggest economy . Its GDP per capita is just under $40,000 . That’s almost four times... - [5 Ways to Make Valentine’s Day a Sales Success](https://www.ppro.com/insights/5-ways-to-make-valentines-day-a-sales-success/): Valentine’s Day is one of the biggest international holidays for e-commerce, making it a huge opportunity for merchants to take... - [149 billion reasons why e-commerce providers should love Chinese New Year](https://www.ppro.com/insights/149-billion-reasons-why-e-commerce-providers-should-love-chinese-new-year/): In 2019, retailers in China took in a staggering 1 trillion yuan (nearly $149 billion) during the Chinese New Year... - [Payments Predictions 2020](https://www.ppro.com/insights/payments-predictions-2020/): Stefan Merz, COO at PPRO The growth of e-commerce The e-commerce market is set for exponential growth – it is... - [Increasing conversion on America’s first trillion-dollar holiday](https://www.ppro.com/insights/increasing-conversion-on-americas-first-trillion-dollar-holiday/): It’s upon us again, the holiday shopping season. We’ve fine-tuned the servers and braced ourselves. Last year, in the US... - [News Roundup 18/11/19](https://www.ppro.com/insights/news-roundup-18-11-19/): This week on the PPRO Podcast Niall is joined by Matt Jackson and James Booth to discuss Alibaba’s Singles Day,... - [11.11 Global Shopping Festival Breaks E-Commerce Records](https://www.ppro.com/insights/11-11-global-shopping-festival-records/): Alibaba’s 11. 11 sales topped $38. 4 billion on 11 November 2019, an increase of 26% from 2018. This makes... - [Powering the payments industry: How to prep for peak season](https://www.ppro.com/insights/powering-the-payments-industry-how-to-prep-for-peak-season/): Steve Jobs said it best: simple can be harder than complex. He wasn’t talking about payment systems or about preparing... - [Conversation with the CEO of The Bancontact Payconiq Company Nathalie Vandepeute](https://www.ppro.com/insights/conversation-with-the-ceo-of-bancontact-payconiq-nathalie-vandepeute/): PPRO’s Niall Conn and Bancontact Payconiq Company CEO Nathalie Vandepeute discuss how the Belgian payment method has positioned themselves in... - [Analyzing US Cross-Border Market with Steve Villegas](https://www.ppro.com/insights/analyzing-us-cross-border-market-with-steve-villegas/): How are US merchants doing business across the globe? Niall and Steve Villegas, VP of Partnerships in North America for... - [US Cross-Border E-Commerce Report](https://www.ppro.com/insights/us-cross-border-e-commerce-report/): The US Cross-Border E-Commerce Report features data on the changing nature of global e-commerce and insights into how localization is... - [The Future of Cross-Border E-commerce](https://www.ppro.com/insights/the-future-of-cross-border-e-commerce/): Despite events happening around the world from trade disputes to looming legislation with global impacts, we are entering an era... - [News Roundup 21/10/19](https://www.ppro.com/insights/news-roundup-21-10-19/): This week on the PPRO Podcast, Niall is joined once again by Matt Jackson to discuss the last week’s news!... - [Looking Towards the Cashless Future with Joyrene Thomas](https://www.ppro.com/insights/looking-towards-the-cashless-future-with-joyrene-thomas/): This week on the Podcast, Niall sits down with Joyrene Thomas, a long-time writer and observer of the payments industry... - [News Roundup: 09/10/19](https://www.ppro.com/insights/news-roundup-09-10-19/): This week on the show Niall and James discuss PayPal in China, Mexico’s new QR and NFC system, is Facebook’s... - [Pioneers of the ‘think global, act local’ outlook](https://www.ppro.com/insights/pioneers-of-the-think-global-act-local-outlook/): The French, Italians and Spanish typically start their day with a pastry or bread and strong coffee. The Brits love... - [News Roundup 23/09/19](https://www.ppro.com/insights/news-roundup-23-09-19-2/): This week on the PPRO Podcast, Niall and James talk about the US’ instant payment system, the Phillippines standardizing QR... - [PPRO’s LPM of the Month: PaybyBank App](https://www.ppro.com/insights/ppros-lpm-of-the-month-paybybank-app/): This week on the show, Niall is joined by Jonathan Wood, Senior Vice President, Mastercard to discuss the UK’s PaybyBank... - [News Roundup 09/09/19](https://www.ppro.com/insights/news-roundup-09-09-19/): This week on the Podcast Niall is joined once again by James Booth to discuss the death of Chase Pay,... - [News Roundup 27/8/19](https://www.ppro.com/insights/news-roundup-27-8-19/): This week on the show Niall is joined by Matt Jackson to discuss Whatapp’s expansion to Indonesia, how Fintech investments... - [News Roundup 12/08/19](https://www.ppro.com/insights/news-roundup-12-08-19/): This week on the podcast, Niall is joined by Richard Harrison to discuss the news from the last weeks! They... - [How the Cloud is Changing the way PPRO Works](https://www.ppro.com/insights/how-the-cloud-is-changing-the-way-ppro-works/): This week on the show, Niall sits down with Ralf Amrein PPRO’s Head of Infrastructure & IT to discuss why... - [News Roundup 26/07/19](https://www.ppro.com/insights/news-roundup-26-7-19/): Niall Conn and James Booth dive into the Fin-ntech headlines from the last week. Topics this week include; Facebook’s Libra,... - [European Travel Guide 2019](https://www.ppro.com/insights/european-travel-guide-2019/): PPRO and Klarna proudly present their very first European Travel Guide. Learn more about local payments for a global travel... - [European Travel Report with Klarna](https://www.ppro.com/insights/european-travel-report-with-klarna/): This week on the PPRO Podcast, Niall sits down with Klarna’s Head of Travel, Wilhelm Hamilton, to discuss how Europeans... - [PPRO's LPM of the Month: POLi](https://www.ppro.com/insights/poli/): In the third of the PPRO podcast’s ongoing series “Better Know an LPM”, Niall is joined by PPRO’s An Lu... - [5 Facts that highlight how huge e-commerce is in Asia](https://www.ppro.com/insights/5-facts-that-highlights-how-huge-e-commerce-is-in-asia/): There are some shocking facts and figures that show just how huge the e-commerce market in Asia is. Here’s one... - [PPRO LPM of the Month: MyBank](https://www.ppro.com/insights/ppro-lpm-of-the-month-mybank/): This week on the PPRO podcast, Niall is joined once again with Ioana Siman to discuss PPRO’s LMP of the... - [Edgar Dunn and Company on Collaboration of PPRO’s Payment Almanac](https://www.ppro.com/insights/ppros-payment-almanac/): This week on the PPRO Podcast, Niall Conn sits down with Max Shinerock from Edgar Dunn and Company (EDC) to... --- ## News - [PPRO appoints Michelle Eischeid as Chief Financial Officer to support its next growth phase](https://www.ppro.com/news/ppro-appoints-michelle-eischeid-as-cfo/): In her role, Michelle will spearhead PPRO’s global financial strategy, financial planning and operations, and investor relations, as the company continues to scale its platform and expand its international reach. - [PPRO adds Pix Automático to its Local Payments Platform to serve the booming Brazilian subscription market](https://www.ppro.com/news/ppro-adds-pix-automatico-to-its-local-payments-platform/): PPRO, the leading local payments platform, today announced the launch of Pix Automático on the PPRO platform, on day one of the Central Bank of Brazil’s live rollout. - [PPRO launches Subscriptions for Local Payments](https://www.ppro.com/news/ppro-launches-subscriptions-for-local-payments/): PPRO has been named in the first ever Payments Power 50list by The Power 50, recognising the 40 most innovative companies and 10 industry experts driving transformation in the global payments industry. - [ESG report 2024](https://www.ppro.com/news/esg-report-2024/): Powering payments responsibly, driving change with transparency. Our ESG 2024 Report showcases our commitment to our environmental, social and governance... - [PPRO named in the Payments Power 50](https://www.ppro.com/news/ppro-named-in-the-payments-power-50/): PPRO has been named in the first ever Payments Power 50list by The Power 50, recognising the 40 most innovative companies and 10 industry experts driving transformation in the global payments industry. - [PPRO announces its partnership with EPI to enable unified payments for European consumers through Wero](https://www.ppro.com/news/ppro-announces-its-partnership-with-epi-to-enable-wero/): Through its Membership, PPRO will provide its customers with the most comprehensive route to access Wero via sponsored associate membership, payment facilitator access, or as a technical gateway. - [PPRO names Nicole Asling the new Senior Vice President of Commercial Europe](https://www.ppro.com/news/ppro-names-nicole-asling-the-new-senior-vice-president/): In her role Nicole will lead PPRO’s Commercial function in Europe, to establish and build relationships with customers and stakeholders across the region. - [PPRO partners with Lunar and Swish to unlock Swedish consumer market for global businesses](https://www.ppro.com/news/ppro-partners-with-lunar-and-swish/): PPRO, the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. - [PPRO partners with Afterpay to offer a Buy Now, Pay Later payment solution to US consumers](https://www.ppro.com/news/ppro-partners-with-afterpay-to-offer-a-buy-now-pay-later-payment-solution-to-us-consumers/): PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay. - [PPRO appoints Bronwyn Boyle as Chief Information Security Officer to drive security agenda](https://www.ppro.com/news/ppro-appoints-bronwyn-boyle-as-chief-information-security-officer/): PPRO, the leading local payments platform, has announced the appointment of a new senior leader, Bronwyn Boyle, as Chief Information Security Officer (CISO) - [PPRO expands its local payments offering to the US](https://www.ppro.com/news/ppro-expands-its-local-payments-offering-to-the-us/): PPRO, the leading local payments platform, has today announced its entry into the US market enabling global payment service providers (PSPs) and merchants to reach millions of US consumers via a single API. - [PPRO announces €85 million funding to fuel growth](https://www.ppro.com/news/ppro-announces-85-million-funding/): PPRO has announced the completion of a dual tranche funding round totalling €85 million to pursue growth in key markets and further enhance its global network of local payment methods. - [PPRO appoints Selene Brett as Chief Legal, Risk and Compliance Officer to bolster its leadership team](https://www.ppro.com/news/ppro-appoints-selene-brett-as-chief-legal-risk-and-compliance-officer/): PPRO, the leading local payments platform, has announced the appointment of three new senior leaders across legal and compliance - [PPRO appoints Eelco Dettingmeijer as CCO and Mariette Ferreira as CMO to accelerate growth](https://www.ppro.com/news/ppro-appoints-eelco-dettingmeijer-as-cco-and-mariette-ferreira-as-cmo/): PPRO, the leading digital payment platform. These strategic hires come at a time when PPRO is gearing up for a new phase of growth. - [PPRO adds popular Swiss payment app TWINT to its payment method portfolio](https://www.ppro.com/news/ppro-adds-popular-swiss-payment-app-twint-to-its-payment-method-portfolio/): Boost your business with PPRO's TWINT integration, Switzerland's top payment app. Expand your reach and conversions! - [PPRO names Motie Bring as next CEO](https://www.ppro.com/news/ppro-names-motie-bring-as-next-ceo/): PPRO announced today that its Board has promoted Chief Commercial Officer, Motie Bring, to the role of Chief Executive Officer, effective 2nd October 2023. - [Powering payments, driving change: our environmental, social, and governance (ESG) report 2022](https://www.ppro.com/news/powering-payments-driving-change-our-environmental-social-and-governance-esg-report-2022/): We don’t just want to power digital payments in every corner of the globe. We also want to have a... - [PPRO CEO Simon Black announces his departure at the end of the year](https://www.ppro.com/news/ppro-ceo-simon-black-announces-his-departure-at-the-end-of-the-year/): Company is well positioned for the next growth phase; successor to be announced in due course London, 10 May 2023... - [PPRO signs strategic partnership with NPCI International, unlocking simplified access to India’s UPI payment system for cross-border transactions](https://www.ppro.com/news/ppro-signs-strategic-partnership-with-npci-international-unlocking-simplified-access-to-indias-upi-payment-system-for-cross-border-transactions/): This partnership removes complexity and boosts efficiency for international PSPs and merchants wanting to sell cross-border into India at scale.... - [PPRO appoints Motie Bring as Chief Commercial Officer to drive the next stage of growth](https://www.ppro.com/news/ppro-appoints-motie-bring-as-chief-commercial-officer-to-drive-the-next-stage-of-growth/): Motie’s impressive track record helping merchants and payments companies scale up their operations will be crucial in strengthening PPRO’s market position - [PPRO extends global cross-border payments infrastructure into booming South Korea payments market](https://www.ppro.com/news/ppro-extends-infrastructure-into-south-korea/): The addition of local card acquiring and Toss Pay wallet empowers global payment service providers and their merchants to unlock untapped opportunity in the South Korean market - [PPRO adds MB WAY to its Portuguese payment method offering](https://www.ppro.com/news/ppro-adds-mb-way/): This is a result of PPRO’s long partnerships with SIBS and Deutsche Bank Portugal. MB WAY has 4.5 million users and is supported by 28 banks. - [PPRO’s new orchestration layer enables customers to deploy, control and scale hundreds of payment services through one connection](https://www.ppro.com/news/new-orchestration-layer-enables-hundreds-of-payment-services/): PPRO launches a new no-code service orchestration layer - uniting hundreds of payment, acquiring, and risk products from dozens of providers. - [PPRO makes moves in Malaysia with integration of GrabPay and Touch ‘n Go](https://www.ppro.com/news/ppro-integrates-grabpay-and-touch-n-go-in-malaysia/): PPRO now offers all of Malaysia’s independent e-wallets. Through seamless integration, partners can gain access to Malaysian consumers. - [Zip becomes first Australian BNPL payment method to be added to PPRO’s digital payments infrastructure](https://www.ppro.com/news/ppro-adds-the-australian-bnpl-payment-method-zip/): PPRO, the leading provider of digital payments infrastructure, has integrated Buy Now Pay Later (BNPL) provider Zip onto its platform. - [Spreedly and PPRO Partner to Offer Access to Extensive Local Payment Methods Portfolio](https://www.ppro.com/news/spreedly-and-ppro-partner-on-local-payment-methods/): Spreedly and PPRO have partnered to offer merchants the ability to easily access a large catalog of LPM and Payments Orchestration. - [PPRO adds Gojek’s GoPay to its comprehensive Indonesian payment method offering](https://www.ppro.com/news/ppro-adds-gojeks-gopay-to-its-payment-method/): The Indonesian market is expected to be the fourth largest consumer market. PPRO is taking a step closer to offering complete market coverage. - [PPRO appoints former Wayfair finance head as new CFO](https://www.ppro.com/news/ppro-appoints-wayfair-finance-head-as-cfo/): Rahul Raswant takes over the position from Götz Möller, who is stepping down after more than three years at the company. Read more... - [PPRO names former SWIFT CEO Lázaro Campos as first Independent Board Chairman](https://www.ppro.com/news/ppro-names-lazaro-campos-board-chairman/): PPRO, has appointed Lázaro Campos to strengthen its board and governance in the next phase of the company’s growth trajectory. Read more - [Powering payments, driving change: our environmental, social, and governance (ESG) report](https://www.ppro.com/news/environmental-social-and-governance-report/): We are proud to present our ESG Report for the year 2021. The data and information included in this report are as of 31 December 2021. - [PPRO acquires Alpha Fintech in game-changing deal](https://www.ppro.com/news/ppro-acquires-alpha-fintech-in-game-changing-deal/): The deal will expand PPRO’s offering, strengthen its presence in Asia Pacific, and allow it to deliver products and services faster. Read more - [PPRO Research Discovers US Retailers are Falling Behind as the Global E-Commerce Market Competition Tightens](https://www.ppro.com/news/us-retailers-are-falling-behind-market-competition-tightens/): PPRO releases a report that takes a look at the global e-commerce market in 2022 and how American businesses can improve in the global market. - [PPRO announces former Wayfair, Klarna tech leader as new Chief Technology Officer](https://www.ppro.com/news/ppro-announces-former-wayfair-klarna-tech-leader-as-new-chief-technology-officer/): PPRO has appointed Bernie Miles as Chief Technology Officer (CTO) to drive the development of its cross-border payment technology. - [PPRO STRENGTHENS PRESENCE IN INDONESIA AS KREDIVO, INDONESIA’S ‘BUY NOW PAY LATER’ GIANT, JOINS PPRO’S PLATFORM](https://www.ppro.com/news/ppro-strengthens-presence-in-indonesia-as-kredivo-indonesias-buy-now-pay-later-giant-joins-ppros-platform/): PPRO has announced the integration of Indonesian ‘buy now pay later’ (BNPL) payment method pioneer, Kredivo. - [NPCI International and PPRO collaborate to offer Indian consumers hassle-free payments across the globe](https://www.ppro.com/news/npci-and-ppro-collaborate-to-offer-indian-consumers-global-payments/): The agreement expands RuPay and UPI across PPRO’s global clients. This partnership will add India to PPRO’s Local Payment Method (LPM) map. - [PPRO research confirms local payment methods will dominate as cross-border e-commerce grows](https://www.ppro.com/news/research-confirms-local-payment-methods-will-dominate-as-cross-order-e-commerce-grows/): PPRO Almanac provides the e-commerce industry with a resource to better understand the payments landscape. - [PPRO clamps down on financial crime risks, partnering with and investing in AI-driven transaction monitoring startup Sentinels](https://www.ppro.com/news/ppro-clamps-down-on-financial-crime-risks-partnering-sentinels/): PPRO today announced a strategic partnership and minority investment in Sentinels, Europe’s leading AI transaction monitoring startup. - [PPRO offers integration into PayPal Commerce Platform for PSPs worldwide](https://www.ppro.com/news/ppro-offers-integration-into-paypal-commerce-platform-for-psps-worldwide/): PPRO announces its integration of the PayPal Commerce Platform. PPRO cements its market-leading position for PSPs. - [PPRO integrates Jenius Pay, Linkaja in push into Indonesia's payments battleground](https://www.ppro.com/news/ppro-integrates-jenius-pay-linkaja-in-push-into-indonesias-payments-battleground/): PPRO today announced their integration of two of the most popular payment methods in Indonesia, Jenius Pay and LinkAja. - [PPRO announces new appointments to executive and leadership teams, preps for another year of hypergrowth](https://www.ppro.com/news/ppro-announces-new-appointments-to-executive-and-leadership-teams-preps-for-another-year-of-hypergrowth/): Chief Commercial Officer, Claire Gates, and Senior Vice President of Banking and Payments Strategy, Tony Glasby, have joined PPRO - [PPRO launches direct integration to payment method Payconiq, opening doors to Benelux for cross-border retailers](https://www.ppro.com/news/ppro-launches-direct-integration-to-payment-method-payconiq-opening-doors-to-benelux-for-cross-border-retailers/): PPRO hast just released their direct integration to popular Benelux payment method Payconiq. The collaboration will drive growth... - [PPRO announces strategic investment from JPMorgan Chase & Co., bringing total round to $270 million](https://www.ppro.com/news/ppro-announces-strategic-investment-from-jpmorgan-chase-co-bringing-total-round-to-270-million/): "Alternative payment adoption is increasing rapidly across the globe." The investment from JPMorgan Chanse & Co. brings $270 million. - [PPRO unlocks cross-border sales in booming Italian market with integration of Satispay e-wallet](https://www.ppro.com/news/ppro-unlocks-cross-border-sales-in-booming-italian-market-with-integration-of-satispay-e-wallet/): With its integration of Satispay e-wallet PPRO unlocks cross-border sales in booming Italian market. PPRO solidifes its portfolio. - [Ride the next wave of digital payments in the UK](https://www.ppro.com/news/ride-the-next-wave-of-digital-payments-in-the-uk/): Brexit affects the EU's cap on credit-card interchange fees. PPRO show you an alternative on the rise: Pay by Bank - [PPRO raises $180 million for the next era of digital payments infrastructure, is now valued over $1 billion](https://www.ppro.com/news/ppro-raises-180-million/): With the new investment from Eurazeo Growth, Sprints Capital and Wellington, PPRO's valuation is now over US §1 billion. - [Explore insights on Southeast Asia’s fastest-growing markets](https://www.ppro.com/news/explore-insights-on-southeast-asias-fastest-growing-markets/): Southeast Asia is home to the biggest and fastest-growing e-commerce markeets in the world. PPRO grants insights and tips. - [APEXX Global partners with PPRO to drive transaction efficiencies](https://www.ppro.com/news/apexx-global-partners-with-ppro-to-drive-transaction-efficiencies/): The leading global payments platform APEXX Global partners with PPRO to drive transaction efficiencies and accelerate the delivery of LPMs. - [Reducing Cost for Universities with Local Payment Methods](https://www.ppro.com/news/in-2020-every-penny-counts-for-universities/): While universities adapt to keep students healthy in a pandemic, higher education’s finance departments fight to keep revenue numbers healthy.... - [Award win for PPRO at Payments Awards 2020](https://www.ppro.com/news/award-win-for-ppro-at-payments-awards-2020/): We are delighted to announce we have been awarded “Best Cross-Border Payments Service” at this year’s Payments Awards. Now in... - [Banks and fintechs join forces to oppose new data guidelines](https://www.ppro.com/news/banks-and-fintechs-join-forces-to-oppose-new-data-guidelines/): In June 2020, the European Data Protection Board (EDPB) issued a set of guidelines designed to clarify how entities operating... - [Buckaroo Unlocks the Power of Local Payments with PPRO](https://www.ppro.com/news/buckaroo-unlocks-the-power-of-local-payments-with-ppro/): Buckaroo is a European payment services provider, focused on enabling thousands of online businesses to boost conversion with flexible check-out... - [PPRO Expands Global Offering With Top Indonesian Payment Methods DOKU and OVO](https://www.ppro.com/news/ppro-expands-global-offering-with-top-indonesian-payment-methods-doku-and-ovo/): New integrations accelerate market entry and boost conversion for businesses seeking success in Southeast Asia’s largest e-commerce market PPRO, the... - [Younger generations drive UK alternative payment method adoption for online transactions](https://www.ppro.com/news/younger-generations-drive-uk-alternative-payment-method-adoption-for-online-transactions/): 42% of Millennials and 35% of Generation Z feel confident using alternative payment methods, or have used them previously 81%... - [PPRO announces 85% volume growth despite pandemic, accelerates plans with new investment from Sprints and Citi](https://www.ppro.com/news/ppro-announces-85-volume-growth-despite-pandemic-accelerates-plans-with-new-investment-from-sprints-and-citi/): Despite the COVID-19 pandemic, PPRO reports 85% volume growth and accelerates plans with the new investment from Sprints and Citi. - [How bank transfers drive Poland’s rising e-commerce market](https://www.ppro.com/news/how-bank-transfers-drive-polands-rising-e-commerce-market/): With the recent outbreak of COVID-19, the opportunity for merchants to sell across their borders has never been greater; it... - [PPRO adds European Paysafecash to its robust local payment method platform](https://www.ppro.com/news/ppro-adds-european-paysafecash-to-its-robust-local-payment-method-platform/): Today, PPRO, the leading local payments platform-as-a-service, announces that it has released a direct integration with Paysafecash, in a move... - [PPRO publishes its 2020 Payment Almanac – the most complete source of payments insights in the market](https://www.ppro.com/news/ppro-publishes-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... - [PPRO Launches Leading Japanese Payment Methods, Propels APAC Expansion](https://www.ppro.com/news/ppro-launches-konbini-and-pay-easy/): Japanese payment methods Konbini and Pay-easy join APAC giants on PPRO’s payments platform PPRO, the world’s leading local payments platform-as-a-service,... - [Retailers risk losing 42% of US customers if they don’t offer preferred payment methods](https://www.ppro.com/news/retailers-risk-losing-customers/): 42% of US consumers stop a purchase if their favorite payment method isn’t availableOver half of US respondents agree they... - [Retailers risk losing 44% of UK customers if they don’t offer preferred payment methods](https://www.ppro.com/news/retailers-risk-losing-44-of-uk-customers/): 44% of UK consumers stop a purchase if their favourite payment method isn’t availableOver half of UK respondents agree they... - [PPRO announces partnership with UnionPay, gives EU merchants access to millions of Chinese shoppers](https://www.ppro.com/news/ppro_partnership_unionpay/): Leading local payments platform PPRO is pleased to announce it has become a direct acquirer for UnionPay International, the world’s... - [PPRO sells issuing business Crosscard](https://www.ppro.com/news/ppro-sells-issuing-business-crosscard/): Crosscard S. A. now under new ownership and positioned for high growth 20 December 2019, Luxembourg – Leading local payments... - [PPRO accelerates growth in Asia-Pacific with new addition to leadership team](https://www.ppro.com/news/ppro-accelerates-growth-in-asia-pacific-with-new-addition-to-leadership-team/): Kelvin Phua named Global Head of Payment Networks, strengthening PPRO’s acquisition and management of APAC’s local payment methods Leading local... - [PPRO announces 90% growth in European cross-border shopping](https://www.ppro.com/news/ppro-announces-90-growth-in-european-cross-border-shopping/): PPRO announces European-wide shopping rankings, with Hungary placing first in the region at 11% local growth Despite the news that... - [Polish Local Payment Method BLIK Goes Global - PPRO Becomes First International Partner](https://www.ppro.com/news/blik-chooses-ppro-as-partner/): Polish consumers are now able to shop and pay at more places online direct from their mobile phone via BLIK,... - [Citi Chooses Global Payments and PPRO as Partners for its New Digital Consumer Payments Business](https://www.ppro.com/news/citi-chooses-global-payments-and-ppro-as-partners/): Citi’s Treasury and Trade Solutions (TTS) announced today that it is entering into additional partnerships to support the development of... - [PPRO expands footprint in Asia with direct integration into local payment method GrabPay](https://www.ppro.com/news/ppro-integrates-grabpay/): Leading local payments platform PPRO has announced a partnership with GrabPay, an e-wallet developed by Grab, Southeast Asia’s leading superapp.... - [Travel guide by PPRO and Klarna reveals that lack of payment options puts the brakes on travel plans](https://www.ppro.com/news/travel-guide-by-ppro-and-klarna-reveals-that-lack-of-payment-options-puts-the-brakes-on-travel-plans/): Leading e-payment specialist PPRO, has in association with Klarna, a leading global payments provider and fully licensed bank, today launched... - [PPRO rebrands signifying a look to the future of payments](https://www.ppro.com/news/ppro-rebrands-signifying-a-look-to-the-future-of-payments/): New look and feel of brand re-emphasises the company’s investment in a localised payments approach, worldwide. PPRO, the cross-border e-payments... - [Travel payments reach ‘tipping point’ as alternative methods surpass cards and cash](https://www.ppro.com/news/ppro-amadeus/): Alternative payment methods now account for 51% of e-Commerce spend Travellers now choose to pay for digital travel with alternative... - [PPRO acquires allpago to become the market leader in local payments](https://www.ppro.com/news/ppro-acquires-allpago-to-become-the-market-leader-in-local-payments/): PPRO, the cross-border e-payments specialist, is today announcing the acquisition of Latin American payments provider allpago to create the world’s... - [Meet PPRO at Money 20/20](https://www.ppro.com/news/meet-ppro-at-money-20-20/): Embracing local payments to boost global commerce The last 12 months has seen the payment industry locked in fierce debate... - [PPRO names Robert Schwegler as new Chief Technology Officer](https://www.ppro.com/news/ppro-new-chief-technology-officer/): New Chief Technology Officer of PPRO, Robert Schwegler, will drive the transformation of the company's software to the global level. - [PPRO and HighRadius Partner to Expand B2B Payment Options for Global Clients](https://www.ppro.com/news/ppro-and-highradius/): PPRO, the leading global e-payments specialist, has partnered with HighRadius, a fintech enterprise software-as-a-service company, specialising in automating the order-to-cash... - [European Third-Party Provider Association established](https://www.ppro.com/news/third-party-association/): The non-profit organisation has been established by the founding members PPRO, Bankin’, Eurobits, Klarna/Sofort, Trustly PPRO, with its co-founders, is... - [Götz Möller Named New PPRO CFO](https://www.ppro.com/news/gotz-moller-named-new-ppro-cfo/): Former CFO of BS Payone becomes CFO of PPRO. Götz Möller is driving Europe's fastest growing FinTech company's ambitious future growth. - [PPRO launches new improved edition of The PPRO Payment Almanac – the most complete overview of LPMs available to date](https://www.ppro.com/news/ppro-launches-new-improved-edition-of-the-ppro-payment-almanac-the-most-complete-overview-of-lpms-available-to-date/): The Payment Almanac 2. 0 follows on from the successful launch of the original Payment Almanac, with updated figures on... - [PPRO launches a new hosted payment page for iDEAL and continues to fight the good fight by optimising payment processes](https://www.ppro.com/news/ppro-launches-a-new-hosted-payment-page-for-ideal-and-continues-to-fight-the-good-fight-by-optimising-payment-processes/): The new payment page enables a user-friendly single click option for consumers to select one of 12 current issuing banks... - [Booming global cross-border e-commerce trade drives 48% Retail growth for PPRO in 2018](https://www.ppro.com/news/booming-global-cross-border-e-commerce-trade-drives-48-retail-growth-for-ppro-in-2018/): London, UK, 19 February, 2019: PPRO, a cross-border e-payment specialist and one of the fastest growing fintech businesses in Europe,... - [PPRO partners with Banking Circle to provide real-time payment settlement to cross-border merchants](https://www.ppro.com/news/ppro-group-partners-with-banking-circle-to-provide-real-time-payment-settlement-to-cross-border-merchants/): PPRO Group, the global e-payment specialist, has partnered with Banking Circle, the financial utility for businesses that want to trade... - [PPRO Group 2019 Payment Tech Predictions](https://www.ppro.com/news/ppro-group-2019-payment-tech-predictions/): Ronnie D’Arienzo, Chief Sales Officer at PPRO Group 1. The Mobile Take OverGeneration Z (those born between 1996 and 2010)... - [PPRO Group appoints Stefan Merz as the new COO](https://www.ppro.com/news/ppro-group-appoints-stefan-merz-as-the-new-coo/): The cross-border payment specialist PPRO announces Stefan Merz as the new COO. PPRO is one of Europe's fastest-growing FinTech companies. - [PPRO Group and Mastercard’s Pay by Bank app announce partnership to bring secure bank transfer payments to UK merchants](https://www.ppro.com/news/ppro-group-and-mastercards-pay-by-bank-app-announce-partnership-to-bring-secure-bank-transfer-payments-to-uk-merchants/): PPRO's collaboration with Mastercard's Pay by Bank app will offer fast, easy and secure online payments via consumers' preferred mobile banking apps. - [PPRO Allows Nexi's Merchants to Accept Alipay and WeChat Pay](https://www.ppro.com/news/ppro-allows-nexis-merchants-to-accept-alipay-and-wechat-pay/): Nexi, one of Italy’s largest digital payments processors, today announces its partnership with PPRO, the cross-border e-payments specialist, to integrate... - [9 payments questions for CEO Simon Black](https://www.ppro.com/news/ey-global-payments-investor-conference/): PPRO CEO Simon Black attended a very interesting EY Global Payments Investor Conference and took part in their payments fire... - [ChinaPay partners with PPRO Group to support Chinese cross-border e-commerce](https://www.ppro.com/news/chinapay-partners-with-ppro-group-to-support-chinese-cross-border-e-commerce/): ChinaPay and PPRO announce partnership to help to expand the Chinese merchants' customer reach across Europe and support cross-broder sales. - [70% of UK consumers now buy goods from overseas merchants](https://www.ppro.com/news/70-of-uk-consumers-now-buy-goods-from-overseas-merchants/): "Payment methods play a huge part in the online customer journey". Overseas retailers can generate more revenue by using familiar payment methods. - [Unlocking Global Growth Potential: New Data from PPRO Group Reveals Massive Opportunity for U.S. e-commerce Offering Local Payment Methods Across the World](https://www.ppro.com/news/unlocking-global-growth-potential-new-data-from-ppro-group-reveals-massive-opportunity-for-u-s-e-commerce-offering-local-payment-methods-across-the-world/): In partnership with Edgar, Dunn & Company (EDC), PPRO Group, a global cross-border e-payment specialist, today released exclusive data affirming... - [Secure Trading partners with PPRO Group to boost European cross-border sales for Merchants](https://www.ppro.com/news/secure-trading-partners-with-ppro-group-to-boost-european-cross-border-sales-for-merchants/): The international Payment Service Provider Secure Trading and the cross-border e-payment specialist PPRO partner to expand merchants' customer reach. - [PPRO Group Partners with Credorax to Increase Global Access to Alternative Payment Methods](https://www.ppro.com/news/ppro-group-partners-with-credorax-to-increase-global-access-to-alternative-payment-methods/): PPRO has formed a partnership with Credorax to increase global access to alternative payment methods. 50% of online transactions are made using APMs. - [Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes](https://www.ppro.com/news/over-two-thirds-of-uk-consumers-still-abandon-online-shopping-purchases-due-to-poor-payment-processes/): Merchants continue to lose customers by failing to consider Alternative Payment Methods outside of credit and debit cards Online retailers... - [İşbank and PPRO Group introduce 5 new APMs to Turkish merchants to support global cross-border trade](https://www.ppro.com/news/isbank-and-ppro-group-introduce-5-new-apms-to-turkish-merchants-to-support-global-cross-border-trade/): İşbank, the biggest private bank and Payment Service Provider (PSP) in Turkey, expands its Alternative Payment Method (APM) offering with... - [PPRO Group Accelerates Global Expansion with $50M USD Investment Round](https://www.ppro.com/news/ppro-group-accelerates-global-expansion-with-50m-usd-investment-round/): PPRO Group, a UK-headquartered cross-border e-payment specialist, today announced a $50 million USD investment round led by PayPal with participation... - [PPRO Group Partners with YapStone to Bring Alternative Payment Methods to Global Marketplaces](https://www.ppro.com/news/ppro-group-partners-with-yapstone-to-bring-alternative-payment-methods-to-global-marketplaces/): PPRO Group, a cross-border e-payment specialist, today announced it will enable online marketplace payments provider YapStone to offer Alternative Payment... - [PPRO Group World Cup E-Commerce Report: Who will be victorious?](https://www.ppro.com/news/ppro-group-world-cup-e-commerce-report-who-will-be-victorious/): E-commerce and payment during the Football World Cup It’s finally time – today, the opening match of the FIFA World... - [Most EU businesses ignore cross border e-commerce opportunities](https://www.ppro.com/news/most-eu-businesses-ignore-cross-border-e-commerce-opportunities/): PPRO Group reveals only 7% of enterprises are successfully selling to other EU markets online Figures have shown that the... - [PPRO Group at Money 20/20 Europe, Amsterdam](https://www.ppro.com/news/ppro-group-at-money-20-20-europe-amsterdam/): Mastering Local Payments to Simplify Global E-Commerce The globalisation of e-commerce has everything to do with mastering international and regional... - [Breaking down Borders: Elavon Partners with PPRO Group to Boost Global Cross-Border eCommerce](https://www.ppro.com/news/breaking-down-borders-elavon-partners-with-ppro-group-to-boost-global-cross-border-ecommerce/): Elavon, a global payments provider and PPRO Group, a cross-border e-payment specialist, today announced a partnership to offer international alternative... - [PPRO Group becomes a Bancontact acquirer to help boost Belgian cross-border e-commerce sales](https://www.ppro.com/news/ppro-group-becomes-bancontact-acquirer-help-boost-belgian-cross-border-e-commerce-sales/): PPRO Group, the cross-border e-payment specialists, have become a direct acquirer for Bancontact, the leading Belgian electronic payment scheme. The... - [Christmas 2027 - Infographic](https://www.ppro.com/news/christmas-2027/): With innovative technologies continuing to transform the entire customer buying journey, the in-store shopping experience this Christmas is likely to... - [Final Regulatory Technical Standards (RTS) on strong customer authentication and common and secure communication under PSD2 a workable compromise](https://www.ppro.com/news/final-regulatory-technical-standards-rts-strong-customer-authentication-common-secure-communication-psd2-workable-compromise/): The Future of European Fintech Alliance, consisting of 72 European fintechs, challenger banks and fintech associations has taken note of... --- # # Detailed Content ## Payment Methods --- ## Countries --- ## Pages 想与我们取得联系？填写这个简短的表格，我们会尽快回复您。 --- If you work with PPRO and need to get in touch with our support team, fill in this form and we'll get back to you as soon as possible. --- 我们是PPRO,Hello, ciao, 你好！ 我们是ppro(读作"p-pro"). 我们通过一站式连接为银行以及支付机构提供电子支付基础设施服务 ... 这些使用我们的电子支付基础设施来开展各种业务 什么是电子支付基础施？ 搭建电子支付平台和服务需要大量时间和经济成本。怎么能做的更好？ 我们的基础设施为您提供更多施展空间并优化您的支付服务，任何能优化的事。银行卡，各种支付方式，欺诈交易侦测工具，以及其他必要的产品。 所有这些都可以通过一个由次世代编排提供支持的云原生技术堆栈访问。 所以，当您可以一站式接入并拓展这些服务时，就不再需要额外单独构建。 了解我们的产品 电子支付方式 让电子支付方式部署的又快又简单 本地和备选支付方式常常要用一整年来启动。如果我们来帮您处理最繁重的那些启动准备工作，您最快只需在一周内可以搞定所有。 我们助力世界上最大的支付网关和平台 支付服务提供商和其他公司依靠我们的服务、专业知识和人员为其平台提供动力并帮助其发展。 想与专家们成为伙伴？让我们一起聊聊 联系我们的团队看看我们能够为您的生意提供怎样的帮助 --- 电子支付方式 越早部署。越快开始销售。 “整合和激活单一的电子支付方式往往甚至需要花上一整年时间和100万美元。 但通过我们现在的现有集成，我们将在几周内帮助您完成这项工作，以便您更快地进入市场。" 一份合约，一次对接。多种支付方式。 与我们签订一份合同，您将通过一个连接获得多种支付方式。 这意味着你不必花费更多时间和金钱与每个支付方式提供商建立联系。 提供正确的组合。打开新的收入来源。 更多支付方式并不意味着更多收入。您需要的是适合商家目标市场和消费者的正确选择。 我们专注于本地支付超过 16 年。因此，您可以依靠我们来组合符合当地习惯的电子支付选项 跳过银行设置 想在另一个国家接受付款？你可能需要建立一个本地银行账户和一个公司实体。这个过程可能需要几个月的时间。 或者，您可以与我们合作，利用我们已建立的网络，加快进入目标市场的速度。 轻松通过商务谈判 与海外支付方式提供商谈判商业协议往往会减慢您进入新市场的速度。 我们拥有一支全球性的多语种团队，专门负责合同和定价工作。他们将为您和您的商家争取到最好的交易。” 将合规、监管和税务事务交给我们 我们拥有合规、法规、欺诈和税务方面的专家。您会在全球各个角落找到他们，从北美和拉丁美洲到欧洲和亚太地区。 这意味着您不必聘请专家和花费更多资源来涵盖更广泛的数字支付业务。” 付款管理 部署后，把繁琐的任务留给我们 我们将处理所有上线后的复杂运营问题，以便您节省时间和金钱。 --- 联系我们 需要与我们取得联系？从这里开始，我们会很乐意联系您。 --- Build recurring revenue. The local way. See how local payment methods like Pix Automático and SEPA Direct Debit turn one-time buyers into long-term subscribers. Download the Subscriptions 101 Playbook Your go-to guide for cross‑border subscription growth – the lessons are packed with data, use cases and a localisation checklist you can action today. Discover: The most important conversion, cost, and subscription retention levers Real‑world wins with Bancontact, Pix Automático and more A step‑by‑step checklist to de‑risk every new‑market launch with local payment methods Brought to you by PPRO Subscription demand is rising; local payments drive it. Subscriptions for Local Payments helps PSPs and merchants to convert, retain, and scale recurring revenue across regions.   Tap local experts to optimise conversion, minimise churn, and surpass subscription targets. Want to go deeper? Let’s talk. Got a specific challenge, question, or use case you want help with? Tell us what you're working on, and we’ll follow up with tailored advice. --- Subscriptions for Local Payments Convert more, grow faster with customers' preferred way to pay. Trusted by leaders in subscriptions Serving subscription businesses of all kinds Where local consumers want to subscribe, we'll support the payments. Gaming Subscription-based gaming is revolutionising the video game industry. Streaming With video streaming alone worth $119bn*, global demand for local content, and payments, are growing.   Online learning Online learning platforms are growing significantly worldwide and catering to local needs for specialised education.   Memberships From health apps to subscription boxes, memberships are shaping consumers' lifestyle choices. Your partner to grow subscriptions the way locals prefer to pay. The PPRO way. The payment methods that matter in the subscription economy We offer local payment methods and local cards with recurring functionality that give you access to major ecommerce markets. You build once and connect to a world of local payment methods, allowing you to access and serve new subscribers worldwide without building and maintaining countless integrations and relationships. PPRO-signature recurring enhancements Our advanced platform capabilities can elevate schemes that don't offer native recurring to enhance the functionality to become subscription-ready. Features fit for the subscription economy We help to optimise conversion rates, increase customer lifetime value and reduce churn with feature flows dedicated to addressing your business objectives. Reduce churn with best-in-class conversion rates. Access standardised payment flows across cards and LPMs. Convert free trials into repeat business with enhanced account verification and validation. Support custom plans with variable amounts, metered usage, flexible frequency, duration... --- LATAM General Terms and Conditions Appendix 1 – Required DisclosuresDefinitions and interpretation Last updated 24/04/2025. The LATAM General Terms & Conditions ("LATAM GTCs”), including the PPRO Payment Method Specific Terms of Use together with the Payment Services Agreement, and any other applicable terms of use form the entire Agreement between PPRO and the Contractual Partner. The LATAM GTCs, the PPRO Payment Method Specific Terms of Use and any other applicable terms of use form may be updated or amended from time to time and any such updated and terms will apply to the Agreement between PPRO and the Contractual Partner immediately upon publication. PPRO PPRO comprises a group of entities operating worldwide to offer digital payment solutions to businesses and banks enabling them to scale their local payment services through one connection. In these LATAM GTCs, PPRO is a reference to the PPRO contractual entity named in the Payment Services Agreement and any of its Affiliated entities providing services. Contractual Partner The Contractual Partner is the entity receiving services pursuant to a Payment Services Agreement. To access the Payment Processing Services, the Contractual Partner must be one of the following types of entities: an entity licensed to provide electronic commerce payment technology services to Merchants (“PSP”); or a party providing electronic commerce services to Customers (“Direct Merchant”). References to Contractual Partner in these LATAM GTCs, shall be a reference to both PSPs and Direct Merchants. AGREED TERMS DESCRIPTION OF THE PAYMENT PROCESSING SERVICES The Contractual Partner’s access to the LATAM... --- Contact page for official authority requests PPRO offers regulated financial services and technical processing solutions to a range of payment service providers and online merchants which allows them to offer that service to their own customers, but this does not necessarily mean the underlying business has a contractual relationship with PPRO. PPRO is committed to complying with confidentiality and secrecy laws whilst recognising the important role we play in helping law enforcement and other public authorities to detect and prevent financial crime. As such we require authorities to request information via the mutual legal assistance (MLA) mechanisms that exist in the UK and the EU. Full details of this process can be found in the FAQs below. FAQs PPRO is the collective trading name of PPRO Group which comprises various entities and subsidiaries registered and operating in several different countries. More information about our entities/ subsidiaries can be found here. (add link to https://www. ppro. com/ppro-entities/) Our entities are subject to the applicable laws and regulations of the jurisdiction in which they are located and our clients maintain relationships with one or more of these entities. In the very simplest form, PPRO is a Payment Service Provider which helps merchants (businesses) in accepting payments. We primarily offer regulated financial services and technical processing solutions to other payment service providers (PSPs) which allows them to offer that service to their own customers (merchants) but this does not necessarily mean the underlying business has a contractual relationship with PPRO.   Further information about... --- Privacy notice - Colombian ACERCA DE ESTE DOCUMENTO Este Aviso de Privacidad lo ayudará a comprender cómo recabamos, utilizamos y protegemos su información personal. Este Aviso de Privacidad (junto con nuestros Términos y Condiciones disponibles AQUÍ, y otros documentos a los que se hace referencia allí) contiene las bases bajo a las cuales serán tratados los Datos Personales que recopilamos de usted o que nos son proporcionados. Asimismo, establece cómo puede instruirnos si prefiere limitar el uso de esos Datos Personales, y describe los procedimientos con los que contamos para salvaguardar su privacidad. Este Aviso de Privacidad para Colombia, complementa a otros Avisos de Privacidad, y no pretende que los mismos sean sustituídos en su aplicación de manera alguna APLICACIÓN DE LA LEGISLACIÓN INTERNACIONAL Para efectos de este Aviso de Privacidad, “Legislación de Protección de Datos” significa la Ley de Protección de Datos Personales en Colombia o Ley 1581 de 2012. De manera complementaria a las disposiciones contenidas en la Legislación de Protección de Datos, PPRO aplicará la normativa internacional con la finalidad de salvaguardar en la mayor medida de lo posible, los derechos de los titulares de los datos personales, así como para poder cumplir con los más altos estándares de protección y tratamiento para los mismos con la finalidad de cumplir con sus obligaciones. PRINCIPIOS PARA EL TRATAMIENTO DE DATOS PERSONALES De conformidad con la Legislación de Protección de Datos (según dicho término se define más adelante), PPRO aplicará, de manera enunciativa más no limitativa (en el entendido... --- The Paypers Global Ecommerce Report 2025 See our 2-page feature in The Paypers report to find out more on Unlocking LATAM’s Payment Potential: Trends and Challenges for Merchant Success. Navigating the evolving landscape of payments in Latin America While the Latin American e-commerce market offers immense potential, navigating the complexities of this region requires a strategic approach. Merchants must understand diverse consumer preferences, comply with complex regulations, and leverage innovative technologies like real-time payments (RTPs) and neobanks to succeed in this dynamic environment. Key takeaways Unlock 20% CAGR:Tap into the rapidly growing Latin American e-commerce market. Gain a Competitive Edge: Understand local preferences & navigate complex regulations to outperform rivals. Minimise Risk:Mitigate challenges & ensure a smooth market entry with actionable insights. "Fintechs often set themselves apart with products like instant settlements, dynamic currency conversion, and frictionless cross-border payments, which benefit merchants by improving cash flow and reducing transaction costs. " Therese Hudak, VP Account management, Americas, PPRO Key markets in Latin America --- Data protection Data protection for General Terms and Conditions DATA PROTECTION TERMS Definitions Controller, Processor, Data Subject, Personal Data, Personal Data Breach, processing and appropriate technical and organisational measures: as defined in the applicable Data Protection Legislation. Data Protection Legislation: the EU General Data Protection Regulation ((EU) 2016/679) (the ‘GDPR’); the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC), and any other European Union legislation relating to personal data and all other legislation and regulatory requirements in force from time to time which apply to a Party relating to the use of Personal Data (including, without limitation, the privacy of electronic communications); the UK Data Protection Act 2018; the UK Privacy and Electronic Communications Regulations (PECR) 2003 (SI 2003/2426) as amended; the UK Data Use and Access Act 2025 (DUAA), and the guidance and codes of practice issued by the relevant data protection or supervisory authority and applicable to a Party. Domestic Regulation: means any and all applicable laws and regulations relating to the performance of services, including but not limited to laws and regulations applying to or regulating the processing personal data and of electronic payments, criminal laws, e. g. money laundering, tax laws, and other mandatory laws and regulations affecting the performance of obligations under the Payment Services Agreement. 1. Data Protection The Parties will comply with all applicable requirements of the Data Protection and Domestic Legislation. These Data Protection Terms shall implement measures required in accordance with the Data Protection Legislation, but does not... --- PPRO Payment Services Agreement – General Terms & Conditions General Terms & ConditionsDefinitionsProhibited IndustriesGirolink Prohibited IndustriesProhibited TerritoriesService Level AgreementsData Protection TermsPrevious versions of the PPRO General Terms and Conditions Last update 27/06/2025Download as PDF PPRO GENERAL TERMS & CONDITIONS PPRO offers digital payment solutions to businesses and banks to enable them to globally scale their local payment services through one connection. The PPRO General Terms & Conditions ("GTCs”), including the PPRO Payment Method Specific Terms of Use together with the Payment Services Agreement form the entire Agreement between PPRO and the Contractual Partner. The GTCs and the PPRO Payment Method Specific Terms of Use may be updated or amended from time to time and any such updated and amended GTCs will apply to the Agreement between PPRO and the Contractual Partner immediately upon publication. PPRO PPRO Financial Limited (“PPRO UK”) is regulated by the UK Financial Conduct Authority ("FCA") and is authorised to provide payments and electronic money services (FCA register number 900029) within the United Kingdom. PPRO Payments Services S. A. (“PPRO LU”) is regulated by the Commission de Surveillance du Secteur Financier ("CSSF") and is authorised to provide payments services (CSSF register number Z00000022) within the European Union. In these GTCs, references to PPRO shall refer to PPRO UK, PPRO LU and any of its affiliated companies, unless the context requires otherwise or specific reference is made to a specific entity. Contractual Partner The Contractual Partner is the entity receiving services pursuant to a Payment Services Agreement. To... --- Activate the local ways. Your customers prefer to pay. Activating local payments demands expertise and investment. Partner with us and you get access to the right local payment methods, and a partner with global scale - meaning you won't need dedicated resource to manage contract negotiations or payment methods in countless currencies and languages. That's the PPRO way. LPMs are powering e-commerce around the world. Skip the hassle of negotiating and managing multiple contracts and providers. With PPRO, you only need to sign one contract to gain access to the preferred local payment methods of 85+ markets. We handle the negotiations, contracting, and ongoing scheme management with all the payment providers your customers care about, leaving you to focus on growing your business. Your local payments partner. Operating in certain markets often requires a local presence, and we give you access to our team’s deep local expertise to help you reach consumers in the fastest growing markets. In LATAM you can partner with PPRO as your Merchant of Record to collect payments directly from your customers, and settle funds to your entity and currency of choice. Compliance comes first. By working with us, you can operate with the peace of mind of knowing that our compliance experts make sure that all of our regional compliance and regulatory requirements are fully assessed and respected.   Whether it’s PSD3, Consumer Duty, exchange controls or DORA - you name it, we’re on it. This way we help minimise risk and maximise opportunity. Gain... --- Connecting your customers to a world of local payments We're on a mission to make local payments accessible to all, because in some of the world's biggest markets, local payments are no longer the alternative way to pay. Get the local payment methods your customers care about. Activate, accept and manage the local payments mix, that meets your customers’ needs.  And help them pay, the local way. We connect you to the payment methods your customers care about. Consumer choice is constantly shifting - keeping track of Gen Z payment preferences in LATAM vs Millennials in Europe, requires time, insight, and access. We have all of those. It’s our business to know exactly how your customers prefer to pay, and which payment methods will help you grow in your target markets. That’s what PPRO is for. We don’t offer better. We offer best-in-class. When you partner with us you don’t just get quicker access to new markets. You get to offer your customers access to the best-in-class versions of consumers’ preferred local payment methods. Enhanced by PPRO to streamline your processes, and deliver an enhanced customer experience.   We’re always adding value to our payment methods.  So you and your customers can realise the benefit. That’s the PPRO way. One option is good. Many options are better. The modern payment landscape is constantly evolving to reflect and embrace the ever-changing needs and preferences of increasingly empowered end-users.   Working with us, you don’t need to risk putting all your resources into the... --- Direct is good. PPRO is better. In the fast-growing world of global e-commerce, local payments are key to building customer trust and driving growth. Accessing new consumers around the world and letting them pay local, creates complexity. But not only do we let you access all the local payment methods your customers care about in one place, we also enhance the functionality. Same payment methods. Better customer experience. Build once. Scale continuously. As digital and mobile commerce accelerate, traditional payment systems struggle to keep up with evolving consumer demands. Building complex, localised payment infrastructures can drain resources, stretch budgets, and pull focus from your core business. With PPRO you only build once. But can connect to a world of local payments.  Gaining access to new consumers around the globe. This is the future of local payments. This is PPRO. Don’t just perform. Perform beyond expectations. We can connect you to enhanced versions of your customer's preferred payment methods.  And for local cards in LATAM our PPRO Fraud Alerts API will provide you with alerts when a transaction is flagged, to help you facilitate refunds and stop them becoming chargebacks.   We can also help you manage disputes for cards and LPMs via the PPRO Disputes API. Same payment method. Better customer experience. Do business the local way. In today’s global market, accepting local payments is no longer the alternative,—it’s essential for growth. This means understanding local consumer preferences and the intricacies of each market. From the popularity of Pix in... --- We make accessing local payments as easy as 1, 2, 3. With fast-growing global e-commerce, local payments are key to driving customer trust and growth. That's why we're building the ultimate local payments platform. To make integration to your customers' preferred local payment methods as easy as 1, 2, 3. This is the future of local payments. 
This is PPRO. Trusted across the industry All business is local. But are you? In a world where every business is local, so are the payments that drive them. We partner to empower businesses to offer the most trusted, most preferred local payment methods that your customers truly value.   Simplifying complex payment processes, scaling globally, and tailoring payment options to local preferences - so your business doesn’t lose out on opportunities. This is why we built PPRO. Building global scale. From the ground up. With our local-first, global-scale approach, we provide the tools and expertise to turn complex payment challenges into opportunities - so you can focus on what matters most. Growing your business. We take careof the complexity. You know that offering the wrong payment methods means missed opportunities. But managing a multitude of local payment options, regulations, and preferences across different regions is complex. And the more you offer, the more complex it gets. That’s where PPRO steps in. We take care of the details, so you can take care of business. All the local payments infrastructure you need. In one place. Utilising PPRO as a single entry-point, you’ll only... --- Frequently Asked Questions General We’re proud to support PSPs as well as enterprise merchants to access all the local payment methods that matter, to help access new consumers and grow their target markets.   We also work with ISOs (Independent Sales Organisations) and ISVs (Independent Software Vendors) to help their customers build once, and scale continuously. We work with PSPs and merchants serving a wide range of industries, including but not limited to: Retail Education Financial services Subscription-based businesses Travel Marketplaces Restaurants and quick service  Healthcare Gaming If you’d like to find out more about any of these industries, or one not mentioned here, get in touch. With PPRO, you only build once, you only contract once, and you scale continuously. You don’t have to build separate integrations and negotiate contracts for every payment method you want to offer to your customers. We connect you to a world of local payments. Experience the power of our payments platform through one integration with our robust, secure and developer-friendly RESTful API.   Fast and simple to integrate, with comprehensive documentation and hands-on support, you can get it up and running in no time. Get started today with our Developer Hub. Getting started When you start with PPRO services, we provide you with a test account that is connected to all our available payment methods regardless of whether you have contracted with them or not. This allows you to test transaction parameters and the general flow of the payment method. More details here... --- Meet the team What it means to be part of our team Everyone at PPRO is an individual with their own superpower. But as a team, we’re united by five core principles. Add those principles up and what you’re left with is our DNA. We get things done We are courageous; we take ownership, make decisions and get things done. We act with trust and integrity We listen first and challenge respectfully. We seek out and leverage diverse perspectives. We welcome and offer honest and open feedback, always assuming positive intent. We put the customer first We are laser focused on delivering outstanding outcomes for our customers. We put the customer at the heart of what we do. We make things better We boldly explore new ideas and have an unwavering commitment to continuous improvement. We work as a team We collaborate closely and value team success over individual achievement. Careers We’re hiring people who like to build things Want to use your talent to build something that makes a difference to businesses and consumers around the world? Then you’ll love working here. DEI Diversity is our starting point, not our endgame “At PPRO, we are committed to fostering a diverse, equitable, and inclusive environment where every individual feels valued and empowered. We believe that diverse perspectives drive innovation, and we are dedicated to ensuring fairness and equity in opportunities for all. Through continuous learning, inclusive hiring practices, and a culture of respect, we strive to create a workplace where... --- Latin America is one of the fastest growing e-commerce markets in the world. But it can be a tricky market to enter and succeed in. That’s where PPRO comes in. PPRO connects you to every payment method that matters across Latin America. From instant payments like Pix in Brazil, to cash-based options like Oxxo in Mexico. This means better business for you. And a better experience for your customers. When they pay the local way. The LATAM way. Big clients. Bigger opportunity. LATAM by the numbers 870bn E-commerce value The top 6 markets in LATAM are on track to reach 870bn USD by 2026. 35% Credit card dominance Accounts for 35% of regional e-commerce transactions in LATAM. 30% A2A payments in Brazil Account for 30% of
e-commerce value, projected to grow to 50% by 2027. 29% Digital wallets in LATAM Expected to nearly double their share of POS transactions by 2027, reaching 29% of in-store payments. Unlock LATAM’s potential through local payments. Latin America’s e-commerce is booming, with transaction volumes projected to reach USD $870 billion across the six markets by 2026. But navigating LATAM’s unique payment preferences, infrastructure and regulations can be complex. With each market offering its own favoured methods and regulations, we understand the nuances of local payment landscapes. Our expertise helps PSPs and merchants unlock growth by simplifying payments, with our compliant solution. PPRO empowers businesses to thrive in this dynamic region, helping you unlock new markets through local payments and expanding your business. Expanding into LATAM The... --- Modern Slavery Statement PPRO Financial Limited (PPRO) endeavours to contribute to the prevention of slavery and human trafficking as mandated in Section 54, Part 6 of the Modern Slavery Act 2015. PPRO is committed to continually improving its practices in furtherance of the prevention of slavery and human trafficking and accordingly, this statement sets out the policies that PPRO has in place to fulfil this objective. PPRO’s board approved this statement on 5 July 2024 for the financial year ending 31 December 2023. Our organisation and supply chains PPRO is authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution and provides digital payment solutions to businesses. PPRO is able to offer its solution through partnerships with suppliers of payment methods. PPRO offers its services to a global base of clients through its affiliate companies worldwide (the “PPRO Group”). Given the global nature of its operations, PPRO has elected to apply the policies specified in this statement across the PPRO Group. Our policies in relation to slavery and human trafficking  At the core of PPRO’s business are the people that are employed and working for PPRO. Globally, there are over 400 employees and contractors working for the PPRO Group. Our policies relating to our employees are designed to ensure fair treatment of our people across all jurisdictions. PPRO has implemented the following policies and practices: employment policies that protect people from unfair treatent and promote a fair and inclusive workplace; recruitment processess that are robust and in line... --- Términos y condiciones aplicables para Perú YearSegmentoTipo de TarjetaMinAvgMax 2024Servicios de TITdD2. 20%2. 58%3. 99% 2024Servicios de TITdC2. 20%2. 37%3. 99% --- Privacy policy Ambient pictures and short videos are being taken by PPRO personnel at this event, for the purpose of internal documentation and promotion on social media. By entering PPRO’s event you acknowledge that you may appear in such pictures and videos. If you do not wish to appear at all in our promotional material, please inform us when picking up your badge. The ambient pictures and video do not aim to portray a single person, but rather to collect the ambiance of the event. Your presence in such material will only be incidental. If we wish to film you specifically, e. g. for an interview, we will first ask you to sign an appropriate rights waiver. Pictures and video clips from the event may be used internally to PPRO or shared on ppro. com or to PPRO’s social media channels on LinkedIn, X, and Instagram. We will anyway preemptively ask you to express your consent, in line with applicable Data Protection Law, if we wish to record an interview with you specifically. For any questions regarding this disclaimer or the privacy of your data, you can contact our Data Protection Officer at data@ppro. com. We thank you for your understanding. PPRO --- Privacy notice - Spanish ACERCA DE ESTE DOCUMENTO Este Aviso de Privacidad lo ayudará a comprender cómo recabamos, utilizamos y protegemos su información personal. QUIÉNES SOMOS PPRO Financial Ltd (“PPRO UK”), es una empresa constituida en Inglaterra y Gales (número de empresa 07653641) cuyo domicilio social se encuentra ubicado 48 Chancery Lane, Londres, WC2A 1JF, Inglaterra. PPRO UK se encuentra regulado por la Autoridad de Conducta Financiera del Reino Unido (Financial Conduct Authority, o "FCA") y está debidamente autorizada como proveedor de pagos y servicios de dinero electrónico (número de registro FCA 900029) dentro del Reino Unido. PPRO Payment Services S. A. (“PPRO LU”), es una sociedad anónima constituida en Luxemburgo (registro comercial n. º B235952) cuyo domicilio social se encuentra en 48 Rue de Bragance, Luxemburgo, 1255, Luxemburgo. PPRO LU está regulada por la Comisión de Vigilancia del Sector Financiero (Commission de Surveillance du Secteur Financier, o "CSSF") y está debidamente autorizada para proporcionar servicios de pago (número de registro CSSF Z00000022) dentro de la Unión Europea. Las referencias a PPRO se referirán tanto a PPRO UK como a PPRO LU, a menos que el contexto requiera lo contrario o se haga una referencia específica a cualquiera de las entidades. Durante la realización de actividades de procesamiento, los datos personales pueden ser procesados por otras las siguientes Entidades de PPRO, las cuales forman parte del Grupo PPRO: PPRO Holding GmbHPPRO Latin America GmbHPPRO Argentina S. A. PPRO Brasil Ltda. PPRO Chile SpA. PPRO Colombia S. A. S. PPRO México... --- Privacy notice - Portuguese Política De Privacidade Da PPRO Brasil A PPRO BRASIL LTDA. , pessoa jurídica de direito privado, inscrita no CNPJ sob o nº 21. 041. 840/0001-72, com sede Rua Bela Cintra, nº 1149, Consolação, São Paulo – SP, CEP 01. 415-907 (“PPRO Brasil”) está empenhada em proteger a privacidade e a proteção de seus Dados Pessoais, portanto, seguimos as leis e princípios que regulam a proteção de Dados Pessoais, incluindo a Lei nº 13. 709/2018 (“Lei Geral de Proteção de Dados Pessoais” ou “LGPD”). A presente Política tem por finalidade demonstrar o nosso compromisso em resguardar a privacidade e proteger os Dados Pessoais tratados pela PPRO Brasil em decorrência da prestação dos nossos serviços, estabelecendo as regras sobre o Tratamento, bem como explicando quais são seus direitos e como exercê-los. Leia atentamente esta Política e, caso ainda restem dúvidas, fique à vontade para entrar em contato conosco por meio dos Canais de Atendimento aqui disponibilizados. NOTA ESPECIAL PARA IDOSOS Caso você tenha mais de 60 anos, saiba que estamos cientes do risco de tratar seus dados pessoais e nos comprometemos a tomar todas as medidas cabíveis para protegê-los. Ademais, nos comprometemos a tratá-los de forma: Clara; Simples; Acessível; e  Adequada ao seu entendimento. CONCEITOS BÁSICOS  Para melhor entendimento desta Política, devem ser consideradas as seguintes definições: Algoritmo: conjunto de regras que fornecem uma sequência de operações capazes de resolver um problema específico ou executar uma tarefa. Cookies: pequenos arquivos enviados para o seu navegador ou dispositivos, que... --- Candidate privacy policy INTRODUCTION PPRO (“we”, “us”) are committed to protecting and respecting your privacy. This Privacy Notice sets out the basis on which the personal data collected from you, or that you provide to us, will be processed by us in connection with our recruitment processes. For the purpose of the General Data Protection Regulation (“GDPR”) the Data Controller is PPRO. We use Lever, an online software product, to assist with our recruitment process. We use Lever to process personal information as a data processor on our behalf. Lever will not separately use our data for its own purposes. For more information on Lever’s own Privacy Policy see here: https://www. employinc. com/privacy/ WHAT PERSONAL DATA WE COLLECT? At PPRO we collect and use the following information about you, to the extent provided by you and permitted under applicable law: Contact information (such as name, address, email address, and phone number); Experience information (such as education, skills, CVs, photographs, references, employee records); Demographic information (such as age, date of birth, gender). We use this data to ensure we’re giving job applicants equal opportunity and treatment regardless of their demographic. Providing this data won’t affect your application in any way, and you are free to omit any information that you don’t want to share. In addition, we may use this data in an aggregated and anonymised format in order to track our Diversity and Inclusion progress. Interview records; Data from public profiles; HOW IS YOUR INFORMATION COLLECTED? We collect personal information... --- This content is password protected. To view it please enter your password below: Password: --- Level up in LatAm Looking to accept, process, and optimize payments in Latin America? Then connect to PPRO, the payments infrastructure behind every digital disruptor. One infrastructure. Everything you'll need. Our digital payments infrastructure lets you deploy and manage your checkout, acquiring, and risk services – all through one connection and one interface. Digital payment methods Launch payment methods faster. Start selling sooner. Acquiring platform as a service Swap your disparate systems for our all-in-one infrastructure. Risk management Protect your platform and remain compliant through one connection. Funds flow management Leave the cross-border remittance, reconciliation, tax, and FX to us. Service orchestration Orchestrate better outcomes with smart routing Our tech stack is powered by an orchestration layer that uses smart routing to direct transactions and other process flows to the right product for the task at hand. That means you can cut down on errors, speed things up, and ultimately increase checkout conversions. Convinced? Curious? Either way, let's talk! Whether you're looking to accept payments in Latin America or need help managing the flow of funds, we can help. If you're curious to find out what we can do for your business, get in touch and one of our pros will get back to you. --- Contact us PPRO is a payments platform used by various businesses in different industries to help merchants accept different types of payment, from cards, to wallets to BNPL. Depending on how we’re set up with the merchant, our name will sometimes show on peoples’ bank statements when they’ve bought something because we’re helping the merchant process the payment. We work in the background and don’t have any direct contact or relationship with shoppers. If you need a refund from the shop, site or service that you bought something from, then you have to contact that company or seller. Even if you’ve seen PPRO’s name on your bank statement, we don’t have the authority to stop or refund a payment without authorisation from the merchant. And we’re not able to act on your behalf, so please get in touch with the merchant directly. Or contact your bank if you think the payment was fraudulent. --- If you work with PPRO and need to get in touch with our support team, fill in this form and we'll get back to you as soon as possible. --- 联系我们 需要与我们取得联系？从这里开始，我们会很乐意联系您。 --- If you work with PPRO and need to get in touch with our support team, fill in this form and we'll get back to you as soon as possible. --- 想与我们取得联系？填写这个简短的表格，我们会尽快回复您。 --- Digital payments infrastructure built to help you scale faster Hey, we’re PPRO (pronounced “p-pro”). Businesses and banks partner with us to manage the increasing complexity in the payments ecosystem and accelerate their growth. Read on or reach out to find out how. One connection, hundreds of products Deploy and manage your checkout, acquiring, and risk services through one connection and one interface. Digital payment methods Launch payment methods faster. Start selling sooner. Acquiring platform as a service Swap your disparate systems for our all-in-one infrastructure. Risk management Protect your platform and remain compliant through one connection. Funds flow management Leave the cross-border remittance, reconciliation, tax, and FX to us. Service orchestration Explore what makes our infrastructure tick We deploy intuitive routing between every product on our platform to make sure they work harmoniously with each other. We call it service orchestration. And it’s going to be a game changer for your business. What the f(intech) is digital payments infrastructure? We’ve got a team of people in offices all across the globe to help answer that question.   Get in touch today to find out how fast you can plug into our infrastructure and start conquering the world. (Okay, maybe “conquering the world” is an overstatement but you know what we mean. ) --- Pay. The local way. Boost your business by offering a tailored mix of preferred local payment methods to enhance customer experience and drive growth.   Let your customers pay, the local way.  The PPRO way. It’s all about growth... 
and growth matters. We want you to harness the power of local payments to grow. That’s why we are here. After all, 82% of e-commerce payments are now made with local payment methods. That’s more than 3/4 of an 11. 5 trillion industry* and a lot of opportunity to tap into. Local payments are no longer the alternative. They are key to your success. Solutions Accelerate your go-to-market plans. Scaling a business is challenging, especially when expanding into new markets. We monitor payment trends, handle the technical complexities, and manage contracts and integrations, allowing you to focus on seizing new opportunities. By letting your customers pay how they prefer, we remove shopping friction and help you grow into new markets. Build once. Scale continuously. With PPRO, you build once and connect to a world of local payment methods, allowing you to access and serve new customers worldwide without building and maintaining countless integrations and relationships. No one knows local payments like we do. We know local payment behaviours, markets, and processes inside out, so we don’t just set you up with access to single payment methods but support you to identify and access payment methods that match your customers' needs. We also share our insights on the best payment methods to... --- 电子支付方式 越早部署。越快开始销售。 “整合和激活单一的电子支付方式往往甚至需要花上一整年时间和100万美元。 但通过我们现在的现有集成，我们将在几周内帮助您完成这项工作，以便您更快地进入市场。" 一份合约，一次对接。多种支付方式。 与我们签订一份合同，您将通过一个连接获得多种支付方式。 这意味着你不必花费更多时间和金钱与每个支付方式提供商建立联系。 提供正确的组合。打开新的收入来源。 更多支付方式并不意味着更多收入。您需要的是适合商家目标市场和消费者的正确选择。 我们专注于本地支付超过 16 年。因此，您可以依靠我们来组合符合当地习惯的电子支付选项 跳过银行设置 想在另一个国家接受付款？你可能需要建立一个本地银行账户和一个公司实体。这个过程可能需要几个月的时间。 或者，您可以与我们合作，利用我们已建立的网络，加快进入目标市场的速度。 轻松通过商务谈判 与海外支付方式提供商谈判商业协议往往会减慢您进入新市场的速度。 我们拥有一支全球性的多语种团队，专门负责合同和定价工作。他们将为您和您的商家争取到最好的交易。” 将合规、监管和税务事务交给我们 我们拥有合规、法规、欺诈和税务方面的专家。您会在全球各个角落找到他们，从北美和拉丁美洲到欧洲和亚太地区。 这意味着您不必聘请专家和花费更多资源来涵盖更广泛的数字支付业务。” 付款管理 部署后，把繁琐的任务留给我们 我们将处理所有上线后的复杂运营问题，以便您节省时间和金钱。 --- Accept, connect and optimise, the local way. Accepting payments demands a slick customer experience that a modern merchant can't afford to get wrong. Partner with us to do the technical heavy lifting to connect the right local payment methods and optimise checkout. So you don't have to. That’s the PPRO way. Local ecommerce payments are growing globally. We handle the technical heavy-lifting. Let customers pay with the leading local payment methods across wallets, bank transfers, local cards, BNPL or cash based methods, via a single connection. We take care of all the technical integration and ongoing maintenance work. You help your customers thrive. Settlement and payments collection. Sorted. Our platform streamlines payment collection and settlement, ensuring that funds flow smoothly. We’ll process transactions in the local currency to optimise conversion. And settle your funds in the currency and geography of your choice. Tap into standardised and optimised payment flows We work with every local payment provider to process their flows from recurring to refunds in a normalised and optimised way. That means we work through the niche and the nuance, to normalise the formats, the namings, the structures, the works.   Then we streamline, refine and optimise these flows to give your customers a great experience. And speed up your integration to get you quicker access to the consumer. Fraud alerts and dispute management. We’ve got you covered. Our PPRO Fraud Alerts API for local LATAM cards will provide you with alerts when a transaction is flagged, to help you... --- Manage your money flows, simply and seamlessly. Managing payments seamlessly requires experts in funds flows, FX, remittance, reconciliation, tax admin, and so much more. Partner with us and we'll commit those resources on your behalf. Because we live and breathe local payments. That’s the PPRO way. Streamlining money movement around the world. Lots of fund flows? We’ll help you with that. Local payment methods are powering e-commerce around the world. This is driving innovation and choice, and making the payments landscape increasingly fragmented with more and more options for consumers and businesses. And more payment options mean more fund flows to track. We simplify the process by standardising all your reports and settling your funds in the currency of your choice, making it easy for you to verify and manage each transaction. Cross-border remittances and FX. We’ve got it handled. We can handle everything from funds flow and foreign exchange, to reconciliation and reporting - efficiently and transparently.   With entities and expert teams in heavily regulated markets, we ensure seamless fund transfers across borders. We’ll even settle the funds in the currency of your choice. Reconciliation and reporting giving you a headache? No problem. Through our extensive banking network, we’re able to collect funds in a multitude of currencies across the world, and by matching technical and financial data with our internal records we ensure correct receipt of funds. And to help you keep track of your funds, we’ve standardised the process through our platform so you get the... --- Digital payment methods Offload your payments management After we activate your digital payment methods, we’ll take care of all the operational complexities. So you can save time and money. Simplify your reconciliations and settlements More payment options mean more more fund flows to settle and more transaction reports to check. We’ll settle your funds in the currency of your choice. And we’ll standardise all your reports, making it easy for you to verify each one. Use our tech team. Free up yours. Maintaining multiple payment integrations could stretch your tech resources. So let us do it for you. We’ll monitor, maintain, and enhance your payment methods, allowing you to free up your own team – and budget – so you can focus on your core business. Adapt quickly to market changes Consumer payment preferences are constantly changing. You could hire a market research company to understand why. Or you could partner with PPRO, the go-to payment pros. With 16 years' experience, we’ve got the inside track on the latest trends. So you can depend on us to keep your payment options market-relevant. Stay ahead of changing regulations The regulatory landscape for digital payments differs country by country. So it’s a good thing we have experts in compliance, fraud, and tax dotted around the globe. If there’s a legislative change on the horizon, they’ll make sure your platform continues to tick all the regulatory boxes. Meet your conversion optimisation team We have a team dedicated to helping our customers increase their... --- Increase checkout conversions with our e-commerce data Our e-commerce reports contain the insights you need to break into new markets and boost your cross-border checkout conversions. We’ve crunched the numbers so you don’t have to Our regional and country reports dive into every major and emerging e-commerce market. So you won’t have to do your own research. You can simply tap into ours. Get free insights in your inbox Sign up and we'll send you payment and e-commerce research straight to your inbox. Search for insights by country Discover how the world pays for things by exploring our e-commerce reports. We have one for almost every country on the planet. Got a question? The friendly folks in our Sales Team will be happy to help, whether you've got a question about an e-commerce market or want to know more about what we can do for your business. --- Frequently Asked Questions Português PerguntasRespostasO que é a PPRO? Somos uma processadora de pagamentos intermediando transações financeiras entre consumidores e Comerciantes. Nossa responsabilidade consiste em recepcionar os fundos pagos pelo consumidor e repassá-los para o Comerciante. Saiba mais em About UsQuais são os métodos de pagamento disponíveis pela PPRO?  Saiba mais em Payment MethodsPreciso identiifcar um Boleto/ DDAPara podermos identificarmos qual o comerciante que refere-se esse DDA/ Boleto, precisamos dos dados do Pagador:*Número de documento ou*CPF ou CNPJ *Valor exato. *Data de Vencimento. • Instruções para DDA/boleto: *Os DDA's NÃO podem ser atualizados ou prorrogados. (Data de vencimento)**Os DDA's emitidos pela nossa plataforma PPRO não são protestados, pois estão atrelados a pedidos que só são validados após a confirmação do pagamento. Quando não é realizado o pagamento dentro da data de vencimento o pedido e DDA são cancelados automaticamente.  ***Caso precise alterar o prazo de pagamento: Sugerimos realizar um novo pedido junto ao site do comerciante para obter uma nova data de vencimento. Paguei um Boleto mais ainda não recebi a confirmação. O que posso fazer? 1º) Sugerimos que primeiramente verifique em seu comprovante bancário qual a data de seu pagamento, isso é importante para verificar se o pagamento não está agendado para uma data futura. *Lembre-se que o prazo para compensação de boleto ocorre em dias uteis no prazo de D+1 (dia do pagamento + dia da contabilização). Levando-se em conta o horário de expediente bancário, o prazo de compensação bancária poderá ocorrer em até 3 dias úteis. 2º)Após a compensação... --- Our partners We’re one team laser-focused on our partners’ continuous growth. Sorry to name-drop but... we’re proud to partner with these great companies. They rely on us to run and optimise their digital payments offering. --- Privacy notice ABOUT THIS DOCUMENT This Privacy Notice will help you understand how we collect, use and protect your personal information. Click here for the Portuguese version Click here for the Spanish version (excl. Colombia) Click here for the Colombian version WHO WE ARE PPRO Financial Ltd (“PPRO UK”) is a company incorporated in England and Wales (company number 07653641) whose registered office is at 48 Chancery Lane, London, WC2A 1JF, England . PPRO UK is regulated by the UK Financial Conduct Authority (“FCA”) and is authorised provider payments and electronic money services (FCA register number 900029) within the United Kingdom. PPRO Payment Services S. A. (“PPRO LU”), is a public limited company incorporated in Luxembourg (commercial register no. B235952) with its registered office at 48 Rue de Bragance, Luxembourg, 1255, Luxembourg. PPRO LU is regulated by the Commission de Surveillance du Secteur Financier (“CSSF”) and is authorised to provide payments services (CSSF register number Z00000022) within the European Union. References to PPRO shall refer to both PPRO UK and PPRO LU, unless the context requires otherwise or specific reference is made to either entity. Whilst carrying processing activities, personal data may be processed by other PPRO Entities part of PPRO Group: PPRO Holding GmbHPPRO Latin America GmbHWKV prepaid GmbHPPRO Argentina S. A. PPRO Brasil Ltda. PPRO Chile SpA. PPRO Colombia S. A. S. PPRO Mexico Servicios de Pagos S. A. de C. V. PPRO Peru S. A. CPPRO Inc. PPRO Pte. Ltd. If the PPRO Entity is located outside the... --- Disclaimer PPRO Financial Ltd • 20 Midtown, Procter Street • London • WC1V 6NX • UK Phone: +442030029170Fax: +442030029179Email: info@ppro. com Directors: Mordechay Bring / Bernie MilesCompany Location: LondonUK registration Number: 076536417 Responsible for Contents: Mordechay Bring --- PPRO entities PPRO The PPRO Group comprises PPRO Holding GmbH, together with its subsidiaries. The PPRO Group entities are incorporated in the following jurisdictions and authorised and/or regulated by the following regulatory authorities. Europe United Kingdom PPRO Financial Ltd Registered in England and Wales with company number 07653641 with its registered office at 20 Midtown, Procter Street, London WC1V 6NX, United Kingdom. Authorised and regulated by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900029) as Electronic Money Institution. www. ppro. com Luxembourg PPRO Payment Services S. A. Registered at the RCS Luxembourg under the number B235952 with registered office at 48 rue de Bragance, L-1255 Luxembourg and registered share capital of EUR 150,000.  Authorised and regulated by the Commission de Surveillance du Secteur Financier under License No Z00000022 as Payment Institution. The company is legally represented by Mordechay Bring, Bernard Miles and Almir Majcic.  Authorised and regulated by the CSSF under License No Z00000022 as Payment Institution. www. ppro. com Germany PPRO Holding GmbH Management Board: Mordechay Bring and Bernard MilesRegistered office: St. -Martin-Straße 74, 81541 MünchenCourt of registration: AG München (Munich), HRB 198257 www. ppro. com PPRO Latin America GmbH Management Board: Mordechay Bring and Bernard MilesRegistered office: Chausseestraße 117, 10115 BerlinCourt of registration: AG Charlottenburg, HRB 142445B www. ppro. com South America Argentina PPRO Argentina S. A. A limited liability company incorporated under the laws of Argentina, registered in Ciudad Autónoma de Buenos Aires under number CUIT 30-71544626-6, based in Teniente Gral. J. D. Perón... --- Events andmeet-ups We regularly host and take part in panel discussions, conferences, and more. Be sure to register for our next one. Our next events --- Accept payments In a hurry? Launch your payment methods fast. It can take an entire year (and $1 million) to launch a single payment method. But we can get it done in weeks. If you want to speed things up, let’s talk. --- Hello, hola, ciao, 你好 Our mission We're on a mission to help PSPs and merchants grow their business by letting their customers pay local. We activate, accept and manage the payment methods their customers care about and make it our business to simplify access to local payment methods. We want to enable the sale of goods and services to anyone in the world using their preferred way to pay. This is what we mean by the PPRO way. Our team At the core of our success are our people - we’re a team of passionate, innovative, and driven individuals who live and breathe payments.   But we’re more than just proud payments nerds - we strongly believe in the power of local payments to make a difference, and that’s why we’re building the ultimate local payments platform. PPRO in numbers Awards ESG Powering payments. Driving change. We don’t just want to power local payments around the world. We also want to have a positive impact on society and our communities. Learn more about our ongoing ESG efforts, from creating a diverse and supportive workplace to making sure our carbon footprint is as small as possible. Get to know us better --- --- ## Insights Spain’s digital economy is thriving and so is the opportunity for global e-commerce merchants. As one of Europe’s most dynamic e-commerce markets, Spain offers a powerful mix of high smartphone penetration, digitally savvy consumers, and growing appetite for online cross-border shopping. But with opportunity comes complexity. In 2025, Spain is stepping up its regulatory game, implementing a wave of financial and fiscal reforms aimed at enhancing tax compliance, fighting fraud, and strengthening trust in digital transactions. For international merchants looking to enter or grow in the Spanish market, navigating this evolving regulatory landscape is now a business-critical challenge. Spain’s regulatory shift: What’s new in 2025? Over the past year, Spain has introduced several new rules affecting payment service providers, merchants, and platforms, aiming to improve transparency, capture untaxed income, and fight back fraud in the digital economy. Below, we take a closer look at the four major ones: Verifactu: Certified e-invoicing mandate (July 2025) In 2025, Spain is implementing Verifactu, a new electronic invoicing system designed to fight tax fraud and ensure invoice authenticity. Key points: Mandatory from July 2025 for all businesses issuing invoices. Invoicing software must: Embed QR codes on all invoices. Use electronic signatures to prevent tampering. Enable real-time or near-real-time communication of invoice data to the Agencia Tributaria. The goal is to make invoices instantly verifiable by tax authorities, helping eliminate invoice fraud and underreporting. International merchants with Spanish fiscal presence or billing operations must ensure their invoicing systems are Verifactu-compliant. Annual reporting obligation for card... --- Mexico’s e-commerce market is growing at an impressive pace, nearly doubling in value since 2019. With more consumers shopping online, increasing cross-border purchases, and evolving payment preferences, the opportunities for global merchants are bigger than ever. However, success in this market requires more than just offering products. It demands a localized approach to payments, regulatory compliance, and consumer engagement.   In this article, we explore the key trends shaping Mexico’s e-commerce landscape and the strategic steps merchants can take to optimize their expansion efforts. The state of Mexico’s e-commerce landscape Payment trends in Mexican e-commerce Mobile wallets and alternative payment methods are on the rise The enduring role of cash-based payments Regulatory push for financial inclusion in Mexico How PPRO helps global merchants optimize their payments strategies for expanding into Mexico’s e-commerce market The state of Mexico’s e-commerce landscape Mexico’s e-commerce market is projected to reach a staggering $176. 8 billion by 2026, with mobile commerce leading the way, accounting for nearly 80% of online sales. As digital shopping rises, consumer behaviour is also evolving. Recent research from the Asociación Mexicana de Venta Online (AMVO) has identified the following four key online consumer trends shaping the market: Omnichannel shopping is the norm – 85% of Mexican consumers blend online and in-store experiences when making purchases. Frequent online buyers – 4 in 10 shoppers make digital purchases at least once a week. Cross-border shopping – Nearly 80% of Mexican online consumers have purchased from international retailers. Young adults drive e-commerce growth... --- Discover how to capture your share of Spain’s thriving digital marketplace with our comprehensive guide. This report provides essential insights into Spain’s rapidly expanding e-commerce ecosystem, payment preferences, and strategies for international merchants looking to succeed in this dynamic market. Inside, you’ll find a deep dive into Spain’s e-commerce landscape, including key market trends, consumer spending behaviours, and the most popular local payment methods. Learn how digital wallets and instant payment solutions like Bizum are shaping online transactions, and follow our five-step market entry checklist to optimise your payment strategy for Spanish consumers. More news Browse the latest in the world of payments --- Subscriptions and recurring payments have become the backbone of modern online businesses, providing consistent revenue streams and improving customer satisfaction. In Latin America (LATAM), this trendy business model has also gained popularity, driven by the region’s diverse demographics, rapid digital transformation, mobile adoption, and unique local payment preferences. In this article, we explore the latest trends, challenges, and best practices for businesses looking to expand their reach in LATAM's fast-growing subscription economy. Opportunities in the LATAM subscription economy The LATAM subscription economy is on a steady growth trajectory, currently valued at $20 billion and expected to nearly double to $39 billion by 2026. This significant expansion is fuelled by a mobile-first consumer base, with 80% of users accessing subscription services via smartphones. Subscription Video on Demand (SVOD) or “streaming” leads the market, with 165 million subscribers projected by 2029, compared to 110 million in 20231. Yet, the path to success in LATAM’s dynamic subscription market comes with its unique challenges. Affordability concerns, fragmented payment systems, local cards and complex regulations require merchants to adopt tailored payment strategies and solutions to navigate this evolving landscape effectively. The rise of subscriptions in LATAM LATAM presents significant opportunities for merchants looking to capitalise on its expanding subscription economy. Cross-border e-commerce is projected to grow from $52. 5 billion in 2023 to $114. 6 billion by 2026, marking the region as a global leader in digital service adoption2. Consumer loyalty also sets LATAM apart. A remarkable 70% of subscribers have “forever subscriptions” they would... --- Brazil is quickly becoming a hot spot for e-commerce, driven by widespread internet use, a growing number of digital shoppers, and some groundbreaking innovations in how people pay online. For companies looking to expand internationally, Brazil offers a lot of exciting possibilities. Here’s a closer look at what’s driving the e-commerce growth in Brazil. Brazil’s explosive e-commerce growth Rise of local payment methods and financial inclusion in Brazil Mobile commerce leading the way Evolving regulation and fraud prevention in Brazil Opportunities for Brazilian cross-border e-commerce on the rise Brazil’s explosive e-commerce growth The numbers say it all: Brazil’s e-commerce market hit a massive $216 billion in 2022 and it’s not showing signs of slowing down. Expected to grow robustly in the coming years, the region benefits from a young, tech-savvy population that loves shopping online. Notably, mobile commerce is a big deal here - most online shoppers in Brazil are doing so from their smartphones, highlighting the importance of mobile-friendly shopping platforms . Brazil's e-commerce landscape is diverse, with certain product categories and online stores dominating the market. In the following section, we’ve outlined some of the top-selling categories and leading retailers, highlighting the multiple growth opportunities for global merchants in the country. Top-selling e-commerce product categories in Brazil In 2023, certain product categories captured the majority of consumer interest in Brazil, according to data from NIQ Ebit. These categories include: Perfumery and cosmetics: This category leads in online sales, showcasing Brazil's strong culture of beauty and personal care. Home... --- Latin America is emerging as a prime opportunity for global e-commerce merchants, thanks to rapid digital adoption, growing internet penetration, and evolving payment infrastructures. Countries like Brazil, Mexico, and Argentina are at the forefront, with significant growth in mobile commerce, rising use of local payment methods, and increasing financial inclusion through fintech innovations. The region is transitioning from a historically cash-driven economy to a digital-first landscape, making it an attractive prospect for international businesses. Let's discover why Latin America is set to revolutionise the global e-commerce landscape. Explosive e-commerce growth Rise of local payment methods and financial inclusion Mobile commerce leading the way Evolving regulatory frameworks and financial innovation Addressing e-commerce fraud and security concerns Opportunities for cross-border e-commerce PPRO’s LATAM payment solutions for international merchants Conclusion: Tapping into Latin America’s e-commerce potential Explosive e-commerce growth Latin America’s e-commerce market is projected to grow from $159 billion in 2022 to $232 billion by 2026, driven by the region's rapid digital transformation and a young, tech-savvy population that is increasingly engaging in online shopping. This growth far outpaces the global e-commerce growth average of 7-8%, with Latin American markets experiencing annual growth rates exceeding 30% in some cases. Brazil is leading the region, with an e-commerce market worth $216 billion as of 2022, and mobile commerce plays a crucial role: over 70% of online purchases in Brazil are made on mobile phones. Similarly, Mexico's e-commerce sector is projected to grow by over 30% from 2023 to 2026. In Mexico alone, e-commerce... --- Latin America’s e-commerce is booming, with transaction volumes projected to reach USD $870 billion across the top six markets by 2026. But navigating LATAM’s unique payment preferences, infrastructure and regulations can be complex. That's where PPRO comes in. We’re excited to share our updated 2025 insights on local payment trends in Latin America. Here’s a snapshot of what’s driving success and opportunities for merchants expanding into Latin America: The power of local payments in LATAM: In LATAM, 56% of e-commerce transactions are made using local cards though many are not enabled for cross-border transactions. Leveraging local processing and smart tools like intelligent routing can significantly boost conversion and improve approval rates for international purchases. Digital and instant bank transfer payments are driving growth: Digital and financial inclusion is growing across the region particularly in younger demographics, with instant payment methods such as Pix increasingly becoming the preferred choice. By offering the right mix of local payment options, businesses can reach new consumers, tapping into a significant share of this lucrative market. Managing complexity and payment fragmentation:With each country across the region offering its own favoured methods and regulations, a Merchant of Record partner is essential for streamlined market entry, handling local processing, tax filings, FX and funds flow and navigating regulatory complexity. Discover how to leverage these trends for sustained growth and success in the LATAM market by downloading the full report. More news Browse the latest in the world of payments --- The "What's Next for the German Payments Market 2024" report provides an in-depth analysis of upcoming changes in Germany's payment landscape, focusing on key trends and strategies for payment service providers (PSPs) and merchants. With Sofort being integrated into Klarna and giropay set to phase out by the end of 2024, businesses must act swiftly to optimise their payment systems. To stay competitive, the report recommends that businesses adopt a tailored payment strategy that aligns with local preferences, minimises conversion risk, and enhances the user experience. PSPs and merchants are urged to capitalise on this period of change by integrating trusted payment methods and optimising the customer journey for higher conversion rates. More news Browse the latest in the world of payments --- The “Market Guide E-commerce in Portugal” outlines significant growth in Portugal’s e-commerce sector, contributing about 3% to the GDP. Despite a brief dip in revenues from $5. 1 billion in 2021 to $4. 5 billion in 2022 due to the end of lockdowns, the market is expected to grow at a 10% CAGR through 2026. Growth is driven by higher incomes, government investments in digital infrastructure, and consumer shifts towards online shopping for its convenience. Mobile and social commerce have notably increased. E-wallets, particularly MB Way, are the preferred payment methods. The report highlights the potential of Portugal’s e-commerce market for merchants, emphasizing the importance of understanding local consumer preferences. Discover how to leverage these trends for sustained growth and success in the Indian market by downloading the full report. More news Browse the latest in the world of payments --- This report delves into India's rapidly evolving online retail landscape, highlighting the unprecedented growth and opportunities in the e-commerce sector. This comprehensive report covers key areas including the state of the market, preferred payment methods, the rise of UPI, local payment landscapes, and cross-border e-commerce dynamics. It reveals how digital payment methods are gaining ground, the strategic importance of local payment preferences, and the promising future of cross-border transactions. With detailed forecasts and insights, this guide is essential for businesses looking to navigate and thrive in India's e-commerce boom. Discover how to leverage these trends for sustained growth and success in the Indian market by downloading the full report. More news Browse the latest in the world of payments --- Brazil's e-commerce sector, a vibrant component of its economy, is projected to grow at a remarkable 12. 5% annually through 2026, reaching a market size of $46 billion. This surge is driven by a significant internet adoption rate of 83%, an expanding middle class, and increasing disposable incomes. The government's strategic initiatives, including the national e-commerce council, further enhance this growth trajectory. Payment methods are evolving, with a notable shift towards Pix, a real-time payment system, indicating a move towards digital inclusivity. This report delves into these dynamics, offering key insights into consumer behaviors, payment trends, and regulatory landscapes, crucial for businesses looking to navigate Brazil's e-commerce boom. Download the full report for a comprehensive analysis and strategic guidance for tapping into Brazil's flourishing online market. More news Browse the latest in the world of payments --- Switzerland's e-commerce landscape is flourishing, showcasing a robust infrastructure, a high internet penetration rate, and a strong preference for online shopping. With a projected growth of 13% CAGR from 2022 to 2026, the market is ripe for expansion. The report delves into preferred payment methods, highlighting the rise of TWINT, and explores the thriving state of cross-border e-commerce. It also outlines the regulatory framework ensuring a secure online shopping environment. For merchants eyeing the Swiss market, understanding these nuances is key to success. Download the full report for in-depth insights and strategies to navigate Switzerland's e-commerce ecosystem effectively. More news Browse the latest in the world of payments --- By Adrian Burgess, Head of Payment Partnerships, EMEA at PPRO E-commerce has been on a meteoric rise in Switzerland, reshaping the way the Swiss shop and pay for their goods online. With a strong market, growing consumer confidence, and innovative payment solutions like TWINT, the Swiss e-commerce landscape is evolving rapidly. In this blog, we'll explore the dynamics of the Swiss e-commerce market, the growing popularity of TWINT, and how businesses can leverage this payment method to tap into Switzerland's e-commerce boom. E-commerce in Switzerland: a thriving landscape In 2020, e-commerce purchases represented a modest 9%1 of all retail sales in the country. Fast forward to today, and that figure has surged to 14%, demonstrating a clear shift in consumer behaviour. This surge highlights the increasing preference among Swiss consumers for the convenience and variety that online shopping offers. In terms of market value, the Swiss e-commerce market is currently worth a staggering US$14 billion in 2023. What's even more impressive is that this figure is projected to reach a remarkable US$22 billion by 2027, indicating significant growth opportunities for businesses in this sector. Payment preferences in Swiss e-commerce While cards are popular worldwide, the Swiss have their own unique approach when it comes to online payments. In fact, only 35% of online purchases are paid for with cards, showing a preference for alternative digital payment methods. Swiss consumers opt for a diverse range of digital payment options, reflecting their readiness to embrace new payment technology. One of the standout... --- By Katherine Henry-Foord, Conversion Optimisation Consultant Merchants in the payments and e-commerce space are well aware that the online shopping festive season is fast approaching. Despite the temptation to focus on the summer holidays, let’s not overlook the fact that those hectic days in Q4 will be upon us before we have the chance to say “what happened? ”. If ever there’s ever a time to start optimising your checkout strategy, it’s now! Singles Day, Black Friday, and Cyber Monday offer huge potential for e-commerce businesses to boost sales and attract new customers. This is nothing new. While offering hot deals and promotions is essential, it's even more important to optimise your customer payment experience to maximise conversion rates. Below, we examine some of the key factors to consider around offering the most relevant payment methods for your business, highlighting how to avoid common pitfalls and we provide valuable insights to help you prepare for the upcoming shopping frenzy. One size doesn't fit all Merchants should understand that simply adding a payment method is not enough to guarantee higher conversion rates. In fact, the same payment method can yield vastly different conversion rates within the same industry vertical. The differentiating factor lies in how merchants tailor the payment flow to meet their customers' expectations. The key message here is that a one-size-fits-all solution doesn't work when it comes to payment methods. You need to offer the right payment method for the right industry vertical and region you are targeting.  ... --- Whatever the locally preferred payment methods in a given market, if merchants and PSPs wish to prosper in that market, they need to be tailored to local consumer payment preferences. Our research found 20% of consumers will abandon their purchase if their preferred payment method is not offered. If you or your merchants want to break into a particular market, then you'll need to build a platform that meets local payment preferences. This is why merchants should offer locally preferred payment methods. Because without the right mix of known and trusted payment methods for the local market, their site will underperform. But how can you tell if your store, or a store operated by your customers, doesn’t have the right mix of local and alternative payment options at the checkout? What are the signs that you may need to revise your payments strategy to include more local or alternative payment methods? Signs that you need to support LPMs Low conversion rate Your return on UX investment is low A particular channel is underperforming Do you have the right LPMs for your market? Asia-Pacific North America Western & Central Europe Eastern Europe & the CIS South & Central America Middle East & Africa Your conversion rates are low As we have already seen above, almost a quarter of all customers in some markets will fail to convert if they get to the checkout and don’t see their preferred payment method. Taking the time to understand the payment preferences of consumers in... --- Why alternative payment methods are actually local payment methods Seventy-seven percent of global online purchases are made with what many still label ‘alternative payment methods’ rather than with a credit card. If you don’t offer the right local payment methods for the countries you sell in, your customers will bounce before they buy. Integrating these local payment methods can be costly and time-consuming – if you try to do it all yourself. Whether you plan to open a local online marketplace or sell cross-border, you must offer a locally preferred frictionless payment method. What you’ll learn & what is covered The main types of local alternative payment methods Bank transfers Buy now, pay later Card-based payment methods Virtual cards Digital wallets Card wallets E-wallets Mobile wallets Pass-through wallet Cash-based payment methods Prepaid vouchers How to know which local alternative payment methods to support Alternative payment method FAQ The main types of local alternative payment method There are eleven common types of local digital payment methods. Here’s a list: Bank transfers Bank-transfer apps take funds from the customer’s bank account and send them to the merchant. Usually, these are push payments. In their online or mobile banking app, the customer checks the amount and authorises the payment. Transfers may take several business days. But thanks to real-time interbank payment systems, funds are often transferred within seconds. PPRO offers multiple bank transfer methods, such as BLIK, iDEAL and Trustly. Buy Now Pay Later (BNPL) Buy Now Pay Later payment methods let customers... --- By Laura Rofe, Director Partner Development at PPRO Fintech has experienced significant growth in recent years, emerging as a major driver of innovation and change. However, this growth has been accompanied by a concerning trend: the industry is still heavily male-dominated. Despite recent progress, the lack of female representation is still a significant issue, both in terms of workforce diversity and user base representation. According to a recent study by Women in Fintech, less than 30% of the fintech workforce is female, and only 17% of senior roles are held by women. Shockingly, only about 5% of fintech founders are women. This is attributed to issues related to funding, as a Harvard Business Review case study found that female-led businesses are less likely to receive funding than their male counterparts. Although these statistics are not surprising, as they have been circulating for years, they paint a stark picture of a sector struggling to provide equal opportunities to women. Therefore, to find an effective solution to this issue, it is crucial to not only delve deeper into the underlying contributing factors but, more importantly, take meaningful action by implementing processes and plans that can bring about real change. The reasons behind this imbalance are complex and multifaceted, with issues ranging from traditional gender biases to insufficient resources and support for women in fintech. While the most crucial factor in tackling this issue lies in providing a quality education that encourages and supports women to participate in fintech, it is important to... --- by Renata Vaivade, Senior Market Development Manager EMEA at PPRO  The latest figures indicate that the Portuguese e-commerce market will grow by 8. 4% per year to 2024 . This is on the back of a massive 31. 6% growth in 2020, with double digit sales growth over the three years prior to that . The average online shopper spends more than US$1,352 a year with e-commerce merchants . And that figure is set to rise to over US$2,200 by 2026 .   The Portuguese particularly love shopping for clothes, with a third saying they have bought fashion items online in the last year . Other popular shopping categories include electronics (26%), toys (21%) and homeware (11%) . But e-commerce is rapidly expanding into other areas as well. Between 2020 and 2021, the Portuguese online grocery market grew by almost 9% . And this growth is set to continue for the foreseeable future. By 2030, online retailers are expected to have a 20% share of the country's grocery shopping . Online Portuguese shoppers now buy more than 12% of all luxury goods sold in the country . And over the last three years, the proportion of Portuguese consumers who shop online has risen from 56% to 67% . For merchants looking for a new frontier, or who are already operating in the country but perhaps haven’t prioritised the market as much as they could, now is the time to pay close attention to Portugal. Habits are still shifting in the... --- Top tips from the payments pros on how to boost global sales On average, 20% of customers don’t make a purchase even after spending time filling out personal details. Why is that? And what can businesses do to lower that number and increase sales? Our payment pros have just shared it all in our new guide. Download the playbook for payment pages to get: Quick & easy tips for your payment pageDetailed guidelines & examples for presenting payment methodsA holistic look at the payment flowMobile-specific recommendationsA handy checklist Explore other insights You might enjoy these other nuggets of wisdom. --- Italy was hit early by the pandemic, driving Italians from physical to online stores in record numbers. Two years later, it remains one of Europe’s fastest-growing e-commerce markets. And, interestingly, nearly a third of all Italian e-commerce purchases are made with an e-wallet. Host Meaghan Johnson chats to Andrea Allara of Satispay about the explosive growth of Italian e-commerce and why merchants and consumers both love Satispay. Explore other insights You might enjoy these other nuggets of wisdom. --- Singapore is a strategic locale for businesses expanding in Asia and beyond. Host Meaghan Johnson dives deeper into the Singaporean payments landscape with guests Lawrence Chan (Group CEO at Nets) and Kelvin Phua (VP of Global Market Development at PPRO). Listen to the experts chat about how important local payment methods are in Singapore – from the local merchants selling the soybean drinks to the Central Bank – as well as the rise of QR codes, the complexities of cross-border payments, and what the industry can expect in five years’ time. Explore other insights You might enjoy these other nuggets of wisdom. --- At any given time, eBay hosts around 1. 5 billion active listings, posted by over 19 million sellers worldwide. Huge as these numbers are, they’re really just a tiny fraction of a much bigger whole. Around the world, online marketplaces such as Rakuten, Mercado Libre, AliExpress and Shopee host many millions of sellers and billions of listings. The sheer volume and speed of these transactions make it difficult for marketplaces to spot and eliminate fraud in the same way that merchants selling their own products can. Over the last year, 62% of online merchants were hit by fraud of some kind and 20% said they had seen an increase in the incidence of payment fraud. In 2020, payment fraud cost online sellers worldwide an incredible US$32 billion, rising to a predicted US$41 billion by 2027. Providing their buyers and sellers with protection against payment fraud and other types of crime is key to providing the customer experience that shoppers demand. So, what can, and should marketplaces do to secure their customers, their checkout and their entire payment processing chain?   How marketplaces have transformed e-commerce  In the last year alone, the volume of merchandise sold worldwide through marketplaces increased by 18% to US$3. 23 trillion. By 2025, half of all the money spent online worldwide will be spent through e-commerce marketplaces. The popularity of marketplaces is no accident. For buyers, they offer an almost unlimited choice for every price point, helping shoppers to discover new brands and products, and shop... --- The cross-border e-commerce market is booming. But that doesn’t mean that US businesses can copy and paste their domestic strategies into global markets. Host Meaghan Johnson speaks to three global payments experts in this episode, covering how fast cross-border e-commerce is growing, all the different ways the world pays, and what expanding US businesses need to thrive beyond American borders. Explore other insights You might enjoy these other nuggets of wisdom. --- In honour of International Women's Day, Payments Radio speaks to women spearheading change in diversity and inclusion within the payments industry: Laura Rofe (partner manager at PPRO) Claire Gates (Chief Commercial Officer at PPRO), and Nadia Edwards-Dashti (Chief Customer Officer at Harrington Star). We reflect upon changes we've seen in the payments world, hear some practical advice on how to achieve empowerment in the workforce, and talk about what success would look like if we were to reconvene in five years. Explore other insights You might enjoy these other nuggets of wisdom. --- 80% of consumers will abandon a transaction if they reach the checkout and cannot find a payment method they know and trust. This is why it’s crucial to cater a checkout page to the local market. The report provides comprehensive research on international payment methods, trends, and cultural insights to help American companies succeed in the global e-commerce market. Download it now to find out: How fast the cross-border e-commerce market is growing Where American businesses rank amongst global competition How consumers in 25+ top markets prefer to pay Why local payment methods matter Explore other insights You might enjoy these other nuggets of wisdom. --- Chinese New Year, also known as the Spring Festival or Lunar New Year, kicks off today with celebrations that can last for weeks. It’s celebrated by 2 billion people in China, Korea, Singapore, Vietnam, other Asian countries, and communities worldwide. Given the sheer amount of people who celebrate, it’s no surprise that sales figures beat those of the Christmas holiday season. For comparison, in the five-day period from Thanksgiving to Cyber Monday last year, online sales in the US were projected to total about $39 billion USD. In 2021, Chinese retail sales during the Lunar New Year totaled over $129 billion USD. The smartest retailers don’t overlook Lunar New Year. But, given the ongoing pandemic, what do Year of the Tiger celebrations have in store for businesses? What will consumers be spending on? And how can companies make the most of the surge in e-commerce activity? Let’s take a look. Consumer behaviour during Lunar New Year One of the biggest Lunar New Year traditions is the giving of hongbao, a red envelope containing money, wishing prosperity and good fortune to the recipient. Digital e-hongbao became popular in 2014 when the super app WeChat allowed users to send virtual red envelopes of money to their contacts. Now, seven years later, about 80% of survey respondents say they prefer to send digital e-hongbao to physical envelopes. In the past, Lunar New Year has prompted huge masses of people working away from their hometowns to travel back to celebrate. The world's largest annual... --- This week, host Meaghan Johnson is joined byTristan Chiappini and James Booth, PPRO’s regional heads of partnerships in Asia Pacific and Europe, the Middle East, and Africa. Their chat dives into the past, present, and future of the record-breaking e-commerce event, 11. 11 (formerly known as Singles’ Day) – as well as taking a look at the rate of acceleration of e-commerce globally. Explore other insights You might enjoy these other nuggets of wisdom. --- 68% of all online payments are mobile in Belgium, which is one of the fastest growing e-commerce markets in the world. It’s projected to be worth nearly 20 billion in 3 years, which is a growth rate of oer 33%! Host Meaghan Johnson talks to the chief commercial officer at Bancontact Payconiq Company, Laure-Anne Neven, about how the pandemic changed the e-commerce industry, payment behaviours in Benelux, and, of course, Bancontact Payconiq’s Pink Friday initiative. . Explore other insights You might enjoy these other nuggets of wisdom. --- Fintech’s biggest show is back, and you know we didn’t miss it! Our payments experts travelled to Las Vegas on October 24-27, and (finally) met with old friends and made new ones. Hear from the on-site team about how it went. Explore other insights You might enjoy these other nuggets of wisdom. --- It’s. Finally. Here. The latest, greatest, and most comprehensive source for global e-commerce and payments data is out now. Payments Radio host Meaghan Johnson speaks to James Booth (VP of Partnerships at PPRO), Kelvin Phua (Head of Global Market Development), and Somnath Banerjee (Head of Market Research at Datamatics) about how the PPRO Payment Almanac became one of the most important resources in the payments industry. Listen to the end to see how you can get a free Almanac! Explore other insights You might enjoy these other nuggets of wisdom. --- Top tips from the payments pros on how to boost global sales With more people shopping online more than ever before, you'd think checkoutconversion rates would improve. Well, think again. Global conversion rates fell in the third quarter of 2020. So where are companies going wrong? In our latest guide, we outline what online businesses need to do to boost checkout conversions. What's covered Data on global conversion ratesHow to decrease cart abandonmentWhy transactions fail and what to do about itA simple checkout-page checklist Explore other insights You might enjoy these other nuggets of wisdom. --- It’s been a wild ride PPRO has experienced tremendous growth recently. We’ve expanded to over 400 people. We’ve got nine global hubs stretching from São Paulo to Singapore. And we announced a milestone valuation at the beginning of this year. Most importantly, we've built the leading digital payments infrastructure that businesses depend on to power their cross-border growth. We power the world's most prominent payment companies and enable hundreds of thousands of merchants to accept their customers' preferred payments. Anywhere. Anytime. By tapping into our infrastructure, our partners have been able to launch payment methods faster, boost checkout conversions, and reduce the complexity of managing multiple payment flows. Building: it's in our DNA Part of what makes PPRO so unique is our singular focus on local payments. In other words: We do one thing, and we do it well. Of course, it’s much more complicated than that. Powering local payment methods involves complex technologies, regulatory expertise, risk management, market knowledge, and many other processes to get exactly right. But that’s what we do. We are a team of builders; we painstakingly engineer our infrastructure and each payment integration, product, and relationship we develop, is to accomplish one goal: help businesses grow across borders. To help tell the world who we are and how we've changed, we’re rebranding. Our new brand identity – more dynamic, more engaging, more us – brings our infrastructure and our builders’ spirit to life. It’s also a signal to our current and future partners that we... --- As more personalised payment methods develop to meet the specific needs of local users – in markets all around the world – the industry needs infrastructure to support the hundreds of ways consumers pay. Host Meaghan Johnson speaks to PPRO CEO Simon Black and new Chief Commercial Officer Claire Gates about the evolution of the industry and what all payment companies should be prioritising in 2022. Explore other insights You might enjoy these other nuggets of wisdom. --- E-commerce sales in Indonesia are about to surpass India, making it one of the hottest markets in the world. Yet less than 5% of Indonesians use credit cards, preferring to make payments with one of the dozens of e-wallets and other digital payment methods in the country. Learn more from Indonesian payments experts Alison Jap of DOKU, and PPRO’s own Angie Ho and podcast host Meaghan Johnson. Explore other insights You might enjoy these other nuggets of wisdom. --- Host Meaghan Johnson speaks to Anna Blyablina, co-founder of Sthlm Fintech Week and partner commercialization at Mambu, and Andrew Edem, PPRO’s global head of innovation, about one of the most innovative payments markets in the world, Sweden. They talk Swedish payment preferences, Klarna, Swish, Sweden’s central bank digital currency – the e-krona – and more! Explore other insights You might enjoy these other nuggets of wisdom. --- Latin America is one of the fastest-growing e-commerce markets in the world. Payments Radio brings on PPRO’s regional experts – Jean, Ethori, and Timina – to discuss how the pandemic impacted e-commerce and digital payments in LATAM, the complexities of the payments landscape, and innovation across the region. Packed with expertise, this is the ultimate breakdown of e-commerce in Latin America. Don’t miss it. Explore other insights You might enjoy these other nuggets of wisdom. --- Listen to Part 2 in our series about central bank digital currencies (CBDCs). For this session, host Meaghan Johnson chats to the ultimate CBDC experts: Tony McLaughlin (Managing Director of Transaction Banking at Citibank) and Dr. Ruth Wandhöfer (Partner at Gauss Ventures) about the distribution of digital cash: the who, what, where, and whys. Explore other insights You might enjoy these other nuggets of wisdom. --- This week, we bring you Part 1 of a 3-part series chatting about central bank digital currencies (CBDC). Host Meaghan Johnson is joined by Ralf Ohlhausen, an executive advisor to PPRO, and the one and only Dave Birch, author and advisor on digital financial services. Explore other insights You might enjoy these other nuggets of wisdom. --- Judopay joins PPRO for a (virtual) pint and a chat about how the UK is paying for real pints now that pubs are open again. Host Meaghan Johnson, payments expert James Booth, and Judopay’s head of marketing, Jessica Carroll, and head of product, Jumaane Hutchinson, discuss how digital, contactless, and local payment methods are driving innovation in dining and in-store shopping experiences. Explore other insights You might enjoy these other nuggets of wisdom. --- We are proud to publish the joint E-Commerce Payment Report 2021 with our partners, Arvato. Arvato offers financial services like credit risk management and payments for international and local companies. This report reflects their expertise and our knowledge of the European payments landscape. Inside the report: The key to more growth in e-commerceEuropean payment trends in transitionHow European consumers want to payTips for a future-proof payments system and more! Explore other insights You might enjoy these other nuggets of wisdom. --- Meaghan Johnson hosts Shun Hirase from DGFT and An Lu from PPRO to discuss Golden Week (one of the largest e-commerce spending periods in Japan coming up this week) and take a deeper look into the idiosyncrasies of Japan’s payments preferences. Explore other insights You might enjoy these other nuggets of wisdom. --- Meaghan Johnson hosts experts from disruptive European payment methods Trustly and Satispay to debate between the benefits of e-wallets and bank transfer payments. Explore other insights You might enjoy these other nuggets of wisdom. --- From mobile to console games to stadium-packing e-sports ... host Meaghan Johnson and payments expert Matt Jackson cover it all in this episode! Listen to their chat about market dynamics, how gamers around the world prefer to pay, and the work gaming companies do to balance security and frictionless payments experience. Explore other insights You might enjoy these other nuggets of wisdom. --- Italy is one of Europe’s fastest growing e-commerce markets. However, what are the specific, local requirements for retailers looking to maximize sales in la bella Italia? There’s never been a better time for global e-commerce businesses to expand into Italy. Business-to-consumer (B2C) e-commerce is worth around €30 billion annually and the market has been growing at double-digit rates since 2017¹. The COVID-19 pandemic has undoubtedly changed consumer attitudes, shifted buying behaviours and turbo-charged e-commerce growth. Italy was hit hard and early by coronavirus, driving Italians from physical to online stores in unprecedented numbers. Even after lockdowns are lifted, many consumers are likely to continue shopping online from the safety and comfort of their homes. So much so, e-commerce in Italy is forecast to grow at a compound annual growth rate (CAGR) of 10% for 2019-23². Global sellers setting sights on Italy are pushing on an open door Italy already has a thriving cross-border shopping culture. More than half of online shoppers have bought at international merchants. China (32%), the UK (20%) and Germany (14%)³ are the most popular overseas markets for Italians seeking the variety and choice not available at home. However, as with all markets, there are local nuances to catalyzing growth. In Italy, optimizing online stores for mobile is an absolute must. Mobile phone ownership is almost ubiquitous and nearly all 18–34-year-olds have a smartphone. Unsurprisingly, therefore, 40% of Italian e-commerce is conducted via a mobile device, and this is growing at a CAGR of 17% for 2019-234.... --- Welcome the new host of Payments Radio, Meaghan Johnson! James Booth and Muayad Sayd-Ali chat with Meaghan about their key takeaways from Merchant Payments Ecosystem’s recent event. Highlights include the global shift from “omnichannel” payments to “digital-first” strategies, Open Banking, a bit of crypto, how different corners of the world have their own payment preferences, and predictions for what happens after the pandemic. Explore other insights You might enjoy these other nuggets of wisdom. --- Welcome the new host of Payments Radio, Meaghan Johnson! For International Women’s Day, Meaghan brings on Kristy Duncan, the founder and CEO of Woman in Payments and PPRO’s own Laura Rofe. Listen to their chat about gender parity in the payments industry, negotiating, mentorship, and what payments companies can do to create more diverse, inclusive organisations. Explore other insights You might enjoy these other nuggets of wisdom. --- Just over one year into the COVID-19 pandemic, it has been impossible to ignore the stratospheric growth of digital payment methods across the world. In APAC specifically, we’ve seen Facebook and PayPal join Google, Tencent, and other leading technology firms in backing Gojek, a popular Southeast Asian super app. Not missing a beat, Gojek’s competitor Grab has been keeping busy by purchasing stakes in popular e-wallets such as Indonesia’s LinkAja. It’s safe to say that there’s never a dull moment when it comes to the region’s Fintech scene! But once the dust has settled behind this latest wave of M&A activity, what will be the next frontier for digital payments? Social commerce and digital payments When it comes to the battle of social media platforms, Facebook leads the pack with 2. 8 billion monthly active users. However, it is closely followed by other popular social media and messaging apps such as WhatsApp and WeChat with 2 billion and 1. 2 billion users, respectively. With such large user bases, these platforms are perfect for monetisation through e-commerce and digital payments. In 2019, Facebook launched Facebook Pay in the United States, which is being progressively rolled out across Facebook, Messenger, Instagram and WhatsApp. Currently, users are able to pay for purchases on Facebook’s Marketplace, make peer-to-peer (P2P) payments and even donate to fundraisers. In the same year, Instagram launched its checkout function, a feature that allows people to purchase products they discover on the platform without ever leaving it. Closer to home,... --- It has been a year of momentous change for the payments industry. Previously emerging trends have seen a massive acceleration as a result of the pandemic. Cash, for instance, waned even further this year amidst rumours that handling cash could spread infection. In March, ATM withdrawals in the UK plummeted by 60%, leading to predictions that cash payments will fall to just 9% of all transactions by 2028. According to McKinsey’s 2020 Global Payments Report, by the end of 2020, we can expect a drop of four to five percentage points in the share of global transactions made with cash. The pandemic – while undoubtedly awful – has been rocket fuel for digital transformation, providing an opportunity for the payments industry to innovate. This year, for example, online payments via bank transfer have continued to proliferate, whilst ‘buy now pay later’ (BNPL) schemes have been named as the fastest growing online payment method for the UK and worldwide. So, after a year of such rapid transformation, what can we expect to see in 2021? And how will permanently altered consumer behaviours shape online payment preferences? Buy now pay later (BNPL) will be the new payment method of choice It is safe to say local and alternative payment methods – any payment method other than credit or debit cards – have seen huge growth over the last couple of years. These local payment methods (LPMs) continue to play a key role in accelerating cash substitution, particularly in developing countries. In China,... --- Southeast Asian e-commerce is worth $100 billion today. That number will triple in size by 2025 . Unsurprisingly, the global pandemic and resulting lockdown has turbocharged digital payments growth in what was already a rapidly expanding e-commerce market. A rising tide lifts all boats right? If you’re reading this with dollar signs in your eyes, wait one moment. Yes, this is a booming market with rich rewards for entrants, entrants who get things right. Southeast Asia is a diverse area, with consumer behaviour and payment cultures that vary widely from other regions – and even from country to country. Any merchant or PSP which assumes it can transplant practices from another region onto Southeast Asia is in for a shock. So, what are the trends shaping the Southeast Asian e-commerce market? What must new entrants into the market do to succeed and ensure they see a “lift” in the sales? Let’s dive in. A year of upheaval for consumer loyalty Unsurprisingly, the pandemic has massively accelerated the shift from brick-and-mortar stores to e-commerce. In Indonesia, 55% of shoppers say they buy more online now than they did at the start of the pandemic . In Malaysia, online sales in some categories have grown by 800% in 2020 . Almost 70% of Filipinos have switched to online shopping, for at least some of their groceries, since COVID hit the country in January . Similar patterns are true across the region. And these changes in consumer buying patterns are sticky, they are... --- How Merchants Can Prepare for the Largest Event in E-Commerce History 2020 has transformed many aspects of life, and the upcoming holiday season will be no exception. Shoppers have migrated the bulk of their shopping to online channels, while merchants have been forced to enhance their digital capabilities. In other words, we’re all in store for a very different holiday shopping season. And it could shape the years to come. Here in the U. S. , many big-box retailers like Target and Walmart have announced Thanksgiving Day retail store closings to guide consumers online, while Amazon Prime Day kicked off earlier in October to accelerate the start of the holiday shopping season. Customization at the final and arguably most crucial step of the e-commerce experience – the payment page – is essential this holiday season. Especially given the substantial purchasing power outside U. S. borders, and the fact that 3 out of 4 global e-commerce purchases are made with nearly 500 types of local payment methods. The global opportunity is clearly available for merchants who can create consumer-centric payment experiences: 19% of UK consumers shop cross-border with U. S. merchants. A significant slice of their total cross-border e-commerce volume of $46. 4 billion. China’s cross-border e-commerce market is worth an astonishing $217 billion, of which 14% shop with U. S. retailers. This Year’s Holiday Shopping Will Set the Stage for 2021 and BeyondFor merchants, this holiday season is vital for a few reasons. Not only are many retailers relying on... --- The seasonal rush has officially begun. Last month 10. 10 kicked things off in APAC and many of us recently browsed the sales on Amazon Prime Day. But merchants cannot be complacent. There is a flurry of seasonal sales coming on the horizon both toward the end of the year and into 2021. Alibaba’s 11. 11 Global Shopping Festival (previously known as Singles Day) this week is likely to be the largest shopping event ever. Thanksgiving will drive sales across the United States, and Cyber Monday and Black Friday will capture the attention of those across the globe – and all of these days are quickly nearing with consumers eagerly anticipating the deals that await them and even loading their digital baskets in preparation. Indeed, last year these online shopping days gave merchants a welcome boost in advance of Christmas and New Year. On Singles’ Day in 2019 alone, Alibaba saw a 26% uptick in year-on-year sales topping $38. 4 billion in just a 24 hour period – making it the largest e-commerce event ever. With 2020 tipped to be even bigger, merchants cannot afford to miss out to jump on the bandwagon. The year that e-commerce broke down borders With everything happen around the global this year and people settling into the “new normal”, 2020 has really been the year that opened up the global cross-border e-commerce marketplace. With people around the world stuck at home, unable to visit family and friends, and not able to leave their countries,... --- Black Friday, Cyber Monday and 11. 11 (Singles’ Day) 2020 almost here: get ready for a holiday sales tsunami Sometimes, change happens slowly. Other times it chases you down like that boulder at the beginning of Indiana Jones. In 2020, change is fully in boulder mode. And the holiday season is when it either catches up with you or you leap triumphantly from the temple entrance, golden statue in hand. The shopping season kicks off on 11 November, with the 11. 11 Global Shopping Holiday (formerly Singles’ Day). According to analysts, Alibaba and its merchants are on track to rack up $45 billion worth of sales on Singles Day alone , up from $38 billion last year . And if last year’s results are anything to go by, a large proportion of those sales will go to non-Chinese companies. Last year brands such as Bose, Estée Lauder, Gap, Levi’s, Nike, The North Face and Apple all made over 1 billion yuan ($143 million) on Singles’ Day . Increasingly, US and European consumers are also participating in Singles’ Day. However, both markets shift into proper holiday mode with Black Friday on 27 November. And there is every indication that this, too, will be bigger in 2020 than ever before. Adobe Marketing Insights predicts a 20% increase in e-commerce spend over the Black Friday to Cyber Monday weekend . Looking at the holiday season as a whole, Deloitte forecasts that seasonal e-commerce — online spending is expected to grow by up to... --- This week, Matt Jackson and James Booth bring you Apple Pay QR codes, Stripe’s recent acquisition of Nigeria’s Paystack for African expansion, AfterPay’s growth across Europe, and the latest blockchain activity coming out of Thailand. Explore other insights You might enjoy these other nuggets of wisdom. --- This week, Matt Jackson and James Booth bring you Mastercard’s move into the SME market, SE Asian e-wallets, the cashless debate, a Wirecard scandal update, and a chat about cashier-less checkouts in brick-and-mortar stores. (Find the autonomous checkout YouTube video Matt mentions in this episode). Explore other insights Browse related topcis --- Welcome to Payments Radio by PPRO, the show for and about the payments industry. This week, Matt Jackson and James Booth bring you Apple’s recent payments news, Square’s Q2 results, updates on super apps in APAC and UK’s fintechs, as well as PPRO’s recent growth announcement and $50 million funding round. (Find the analysis on neo-bank strategies that Matt mentions here). Explore other insights You might enjoy these other nuggets of wisdom. --- PPRO’s payments experts look at the monumental (and likely permanent) changes in consumer behaviour caused by COVID-19, reveal which industries are enjoying growth, dig into the payment methods that will play an increasingly important role in global e-commerce, and cover top tips for merchants during this time. Explore other insights You might enjoy these other nuggets of wisdom. --- PPRO podcasts are back! Matt Jackson and James Booth bring you Payments Radio, the show for and about the payments industry. On this episode, we’re talking about the impacts of COVID-19 on commerce, thoughts on the Wirecard scandal, and more recent fintech and payments news. Explore other insights You might enjoy these other nuggets of wisdom. --- Explore other insights You might enjoy these other nuggets of wisdom. --- Explore other insights You might enjoy these other nuggets of wisdom. --- Explore other insights You might enjoy these other nuggets of wisdom. --- Designed to increase consumer protection for online shopping and curb rising household debt amongst Swedish consumers (currently increasing at a rate of 7% per annum), the Swedish Parliament has approved an amendment to the Swedish Payment Services Act (2010:751). Coming into effect 1 July 2020, the new provision requires PSPs to ensure that their online merchants operating in Sweden prioritise debit payment options over credit-based payment options at checkout. As a result, the online merchant’s checkout page must: 1) Present debit payment options to the shopper first, when available 2) Ensure that credit options are not pre-selected These measures are to make sure that consumers don’t automatically use credit payment options without considering debit options as well; the customer must now actively choose to use a credit-based payment option. According to the legislation, debit options include bank transfers and debit cards. Credit options are credit cards, invoices and instalment or pay later payment methods. Interestingly, for payment cards supporting both debit and credit, the debit and credit options either have to be separated or treated in whole as one credit-based payment method. It’s important to note that consumers in Sweden have welcomed this announcement. Recent research from Trustly, the popular Swedish payment method, found that 70% of shoppers are in favour of the new checkout legislation. Coupled with another finding that 60% of Swedes prefer to pay for purchases immediately with existing funds, it’s pretty clear that consumers in Sweden want more control of their finances and overall payment experience.... --- Robert Albrecht, the Head of Product Line for Paysafecash (Head of New Business at the time of recording), speaks to PPRO about how many consumers around the world still rely on cash to pay for e-commerce purchases – and how Paysafecash enables that for shoppers all across Europe. Explore other insights You might enjoy these other nuggets of wisdom. --- Open Banking presents a hopeful vision for the future of the financial services sector. But there’s still a lot of work to do to reach that future. Our brand new whitepaper – created in collaboration with Thomas Catchpole (Open Banking Lead at Account Technologies) and Jack Wilson (Head of Policy and Regulatory Affairs at TrueLayer) – presents a detailed look at the Open Banking landscape, its benefits, challenges, and the future. Explore other insights You might enjoy these other nuggets of wisdom. --- Offering high-quality customer experiences and enhancing customer journeys are two topics that have been reoccurring retail themes for the best part of a decade, if not longer. However, regardless of consumers’ calls for personalised and easy-to-navigate online stores, retailers are failing to address their customers’ fundamental demands when it comes to the transaction process – to their detriment. A new study by PPRO has found that 44% of UK consumers will abandon a purchase if their favourite payment method isn’t available. This increases to 51% for Millennials (those born 1980-1993), and is closely followed by Generation Z (those born 1994-2001) at 48% – arguably the two most active generations when it comes to online shopping. The failure by retailers to meet consumer preferences during the payment process means that many customers are abandoning baskets at the very last hurdle, which could leave retailers suffering from declining conversion rates as a result. During a particularly turbulent and unpredictable time for the retail industry, the online competition is becoming increasingly fierce. Therefore, retailers simply cannot afford to lose out on sales at the checkout page. What’s causing consumers to abandon their baskets? According to a recent study by Baymard Institute, the average cart abandonment rate currently sits at 70%. Brands must recognise what’s causing consumers to leave at the point of transaction to address this worryingly high statistic, and this starts with looking at what shoppers value, need and expect in a customer journey. Consumers demand speed and convenience when making purchases... --- Asia-Pacific (APAC) is both a fascinating and complex region when it comes to its e-commerce landscape. With the ubiquitous use of e-wallets and other local payment methods (LPMs), it will come as no surprise that the region is set to account for two-thirds of the global e-commerce market next year, with a value of over US$3 trillion . While this paints a homogenous picture of the region’s exponential e-commerce growth, a deep-dive into the numbers reveals that the growth it has experienced hasn’t been evenly spread across countries. Take Japan, for example. In 2018, it registered the second-highest volume of B2C e-commerce transactions in APAC with US$147 billion spent online, marking just a 10% increase in transactional value. One of the largest marketplaces in Japan Rakuten registered 24. 3% growth in GTV last year . In contrast, Southeast Asia’s e-commerce market size grew by 114% in the same period , with countries such as Indonesia recording an annual growth rate of 49% since 2015 . Of course, growth rates aside, Japan is still considered the world’s third largest economy and thus a big opportunity awaits for merchants able to navigate the largely untapped cross-border shopping desires of the wealthy population. The region’s love affair with online shopping is nothing new, but for any merchant seeking to grow their online presence beyond their borders, the fragmented business of collecting payments in this region – with capital controls, local withholding tax and new e-wallets springing up often – can be off-putting. The... --- It’s not news that the global pandemic has seen dramatic changes in consumer behaviour. People who have previously resisted shopping online now have little choice and are signing up to e-commerce sites by the millions. The effects of COVID-19 on the economy are complicated, but this is mostly positive news for e-commerce. In just one week at the beginning of April 2020, US e-commerce merchants saw orders rise by 54% compared to the same week in 2019, and revenue rise 37% . In the UK, Germany and France — according to a study by Kantar — up to 80% of shoppers are now making at least half of their purchases online . In China, JD. com, the country’s largest online retailer, saw sales of common household goods quadruple during the peak of the outbreak there . So, how can merchants best serve new (and existing) customers right now? How can merchants position themselves to emerge from this crisis stronger, with a larger share of new customers? Here are our top 5 tips on how to stay set for growth: Streamline the user experience of your e-commerce shop The internet is enabling a lot of the ways we are getting through this crisis. More retailers are establishing online shops, which means that the competition is getting fierce. A new vigour is being applied to UX. Merchants must work harder than before to find and eliminate leaky points in the customer journey; maybe it’s clearer navigation or better imagery, or it could... --- Despite all the difficulties created by COVID-19, Japanese e-commerce is growing at a steady 9% and there is a lucrative opportunity for global retailers and merchants to expand into the third-largest e-commerce market in the world. But boosting conversion can be a challenge; from knowing the nuances of consumer behaviour to which payment types are most popular. Download our handy report to help you navigate it all. Explore other insights You might enjoy these other nuggets of wisdom. --- Matt Jackson, Head of Partner Development (EMEA) at PPRO Invisible payments have already had a massive impact on the physical and online retail experience, and could have the potential to eradicate cash and payment cards from the payment journey. Amazon Go even went as far as removing Point of Sale (POS) systems from its payment processes to provide consumers with, what they consider to be, an enhanced in-store experience. Consumers have demanded frictionless checkout experiences. Whether they are getting a sandwich at the neighbourhood cafe or buying trousers they saw on Instagram, consumers expect to complete purchases almost with the wave of a magic wand. Online stores are making strides to make checkout experiences as frictionless as possible – which makes sense, considering that UK e-commerce sites suffer from cart abandonment rates of 76% – implementing one-click checkouts using PayPal and other alternative payment methods such as Apple Pay. While the impact of invisible payments is expected to be significant – predictions are they will account for $78 billion in annual transactions by 2022 – there are some indications that the road there is going to be bumpy for the UK. Not all consumers have been enthusiastic about invisible payments. In addition to customer demand for invisible payments, the diversity of products, prices, and consumer payment preferences both locally and internationally make it quite complicated on the back-end. For invisible payments to gain mass consumer adoption, there are several cultural and logistical barriers that retailers and the payment industry must... --- There is a constant debate on whether global economies should continue to offer cash payments or go cashless by converting solely to digital. Critics say this move would disenfranchise unbanked, cash-dependent consumers and does not drive financial inclusion, while others claim that a failure to go cashless limits innovation in the fintech sector. But what if the best solution lied somewhere in the middle? Cash and digital payments don’t have to be mutually exclusive; this is not a zero-sum game as the two payment options can exist together. According to new PPRO data, over half of US and UK consumers will stop the checkout process if it is too complicated or their preferred methods are not available. Consumers prefer having multiple payment options, whether it be using a bank transfer, a credit card, a mobile wallet or even cash. Payment flexibility is a crucial factor in offering a seamless checkout experience. Some shoppers never carry cash while others view cash as the only way they want – or are able – to pay. The key is for merchants to offer a personalized experience for each and every consumer.   The Road Ahead for Cash Despite a seemingly rapid shift towards digital payment methods, cash is not going anywhere. Many regions are tied to cash-based payments. For example, in Latin America, 21% of e-commerce transactions are completed by cash. Via cash vouchers, many consumers are able to access the global, online marketplace: at the checkout page, consumers are shown a barcode... --- Latin American e-commerce is experiencing unprecedented growth, and its various markets are rich with opportunity for merchants expanding across borders. But boosting conversion can be quite the challenge; from knowing the nuances of local cards to which payment methods are most important to offer. Download our handy guide to help you navigate it all. Explore other insights You might enjoy these other nuggets of wisdom. --- The UK has one of the most innovative and fast-moving fintech sectors in Europe. Last year, investment in the British fintech sector hit $4. 9 billion, up 36% from 2018 . The UK has at least thirty online media titles dedicated to fintech, not to mention podcasts and YouTube channels. All of which makes it odd that almost no one is talking about the quiet but unmistakable rise of UK bank transfer payment methods. Between 2017 and 2019, the number of UK online transactions paid for using a bank transfer increased by 36% . Bank transfer payment methods are now used in over 8% of all British online transactions . To anyone who knows the UK payments market, this isn’t surprising. The best bank transfer payment methods offer transparency; allowing the consumer to see their balance in real-time, before they press the “buy” button. Payment is quick and easy — often just one or two taps on a mobile device — and there’s no need to enter card numbers, CVV codes, or any other payment information. And because it’s been vetted by their bank, consumers can have confidence in bank transfers as a payment method. All these qualities answer the very real needs of both consumers and online merchants. Two separate pieces of research over the last year have found that 75% of UK consumers are worried about the security of personal data they share with companies and 68% aren’t ready to switch to digital payments specifically because of concerns... --- Everything in China is on a different scale. With more than 1. 3 billion people, it’s the most populous country on earth, with 50 million more people than India. The migration from rural to urban areas and the growth of the middle class is significant. Demand for consumer goods is high. And digitalisation is happening at lightspeed. It’s not news that China represents a huge opportunity for e-commerce merchants who want to expand into new markets. But collecting payments in the region is incredibly complex, and often this forms a barrier for doing business across borders. As a direct acquirer of the top three local payment methods in China – Alipay, WeChat Pay and now UnionPay – and many others around the world, PPRO is well-placed to understand the importance of local nuances for businesses with global ambitions. Here are our insights on trading successfully online in the world’s largest e-commerce market. The world’s largest e-commerce market China is home to 1. 3 billion people, 738 million of whom are online. More than half the population owns a smartphone, and 56% of e-commerce sales are completed on a mobile device. For reference, the US is only about 35%. Indeed, it only takes a look at the figures from this year’s 11. 11 Global Shopping Festival to know that mobile is the preferred way to shop in China. A dominant 90% of sales came from mobile devices on 11. 11, blowing mobile sales figures for the US – 37% during Black... --- Japan is the world’s third-biggest economy . Its GDP per capita is just under $40,000 . That’s almost four times the global average . The average Japanese consumer spends $1,666 a year with e-commerce merchants . And the Japanese e-commerce market, already worth over $160 billion, is growing by an impressive 9% a year . Japan is also the third-largest e-commerce market in the world . Ninety-eight percent of Japanese consumers are banked and 93% have an Internet connection . According to research cited by Pitney Bowes, 70% of Japanese consumers shop online . The story these statistics tell is that Japan is a highly prosperous, developed, cosmopolitan and well-connected market. But there is a growing perception among Japanese consumers that they are getting less value for money than in the past. This is down to what economists call “shrinkflation”, when manufacturers face rising costs and, rather than put up prices, they reduce the size or quantity per unit of their product . This is causing many Japanese consumers to look for ways to get better value for money. Just 10% of Japanese consumers shop with e-commerce merchants based overseas For comparison, in Hong Kong, that figure is 75% , in the Philippines 50% and in China 43% . So, what’s different about Japan? This feels like a loss for both parties. It’s also something of a mystery. It could be that some of the explanation lies in long-standing misperceptions. Western companies may think that Japan, with a culture perceived... --- Valentine’s Day is one of the biggest international holidays for e-commerce, making it a huge opportunity for merchants to take advantage of. And, in recent years, the way consumers celebrate Valentine’s Day has changed. It’s no longer exclusively reserved for couples but has become an overall celebration of love between family, friends, pets, and even self-care. Which means this opportunity is only getting bigger. So PPRO has teamed up with ICEPAY, the international payment service provider, to dig into how merchants can make the most of Valentine’s Day sales. Here are our top tips: 1. Target millennials for Valentine’s Day. (Even the singles. ) Increasing conversion means knowing customers really well. So, which of your customers love love? According to NRF and Prosper Insights & Analytics, 72% of millennials plan to celebrate Valentine’s Day, whereas 50% of adults aged 55+ plan to celebrate Valentine’s Day . But Valentine’s Day isn’t just for couples anymore! With events like Galentine’s Day taking social media by storm, people celebrate by throwing parties and buying little gifts for friends, family, and pets. In fact, on the topic of pets, 1 in 3 millennials has a pet – more than any other age group – and they are spending the most on Fluffy for Valentine’s Day. 2. Curate a lovely selection Help customers get over the “analysis paralysis” of what to get loved ones by featuring suggested gifts – right on your homepage. The top 5 gifts for Valentine’s Day are candy, greeting cards, an... --- In 2019, retailers in China took in a staggering 1 trillion yuan (nearly $149 billion) during the Chinese New Year . The advertising press describes what happens during the holiday as a “spending frenzy” . According to one recent report, this year middle-class Chinese in tier-one cities such as Beijing or Shanghai are budgeting 10,000 yuan (roughly $1480) for spending on gifts and entertainment . And there’s every sign that — like so much else in China — big chunks of the festivities for the lunar new year are going digital. One of the biggest Chinese New Year traditions is the giving of Hongbao, a red envelope containing auspicious money, wishing prosperity and good fortune to the recipient. In 2019, 823 million Chinese used digital payment services to send Hongbao to friends and relatives, up from 688 million the year before . It’s no surprise at all to see the Chinese, who love innovation, taking to the idea of digital red envelopes. For merchants and payment providers, the trick is to make sure their service and their stores are ready to meet Chinese users’ needs during this busy period. Competing payment services have even been offering discounts and promotions to users who use their digital Hongbaos . Last year, Alipay alone reported that 450 million Chinese and Southeast Asian consumers had used its “five blessings” Hongbao promotion, up 40% on the year before . But digital Hongbao isn’t the only sign of Chinese New Year going digital. Chinese New Year... --- Stefan Merz, COO at PPRO The growth of e-commerce The e-commerce market is set for exponential growth – it is predicted that global e-commerce retail sales are set to hit $4. 9 trillion by the year 2021– and the next 12 months will see this momentum continue. Its influence on the retail sector has been growing and growing, and over the next year e-commerce sales will account for 17. 5% of retail sales worldwide, a rise on 2019’s figures which show e-commerce sales accounted for 14. 1% of retail sale worldwide. Online sales have enjoyed a consistent growth leading up to 2019 too – in 2016 they amounted to 11. 6% of retail sales worldwide, while in 2017 this figure was 12. 9% and in the year 2018, they accounted for 14. 3%. Another major factor contributing to e-commerce’s growth is the rise of emerging markets. India, China, Brazil and Russia, to name a few, are experiencing growing economies and their people enjoying greater disposable incomes. It is estimated that three billion new online shoppers will arise from these emerging markets and have access to the internet by 2022, equating to many new internet-based customers. The push to create a mobile “store for one” will accelerate Merchants will certainly have a greater focus on removing friction in the mobile phone payment experience next year. Any merchant must make the shift to mobile first customer journeys, as it will be the prime device moving forward – or they risk falling by... --- It’s upon us again, the holiday shopping season. We’ve fine-tuned the servers and braced ourselves. Last year, in the US alone, shoppers spent $998 billion on gifts and seasonal treats . This year, analysts expect that to rise to $1. 008 trillion. That will make 2019 America’s first-ever trillion-dollar holiday season . But there’s more to the story. 11. 11 sales blow Black Friday & Cyber Monday out of the water Over the course of the 2018 Thanksgiving weekend alone, Americans spent a massive $14. 1 billion on gifts . But the most hyped weekend in retail in the US is dwarfed by the $30 billion spent by Asian shoppers on the 11. 11 Global Shopping Festival (formerly known as Singles’ Day) , rising to $38 billion in 2019 . “11. 11 could be the start of the holiday shopping season in the future,” explains Tristan Chiappini, PPRO’s VP of Partnerships, APAC. “This year, US companies such as Bose, Estée Lauder, Gap, Levi’s, Nike, The North Face and Apple were all among the top-15 biggest sellers in what is now the world’s highest-earning single online shopping day. It would be a huge miss to leave 11. 11 off your e-commerce calendar. ” Get rid of abandoned carts and increase conversion According to one recent study, 32% of customers report having abandoned a transaction because of payment difficulties . Despite this, many merchants still don’t offer the full range of payment methods which their customers want to use. For cross-border shoppers,... --- This week on the PPRO Podcast Niall is joined by Matt Jackson and James Booth to discuss Alibaba’s Singles Day, Alipay opening up to foreigners, Facebook’s payment platform, is Apple’s credit card sexist? , and the Bank of Google. If you are enjoying the PPRO Podcast make sure to leave a review and subscribe! Explore other insights You might enjoy these other nuggets of wisdom. --- Alibaba’s 11. 11 sales topped $38. 4 billion on 11 November 2019, an increase of 26% from 2018. This makes it the biggest e-commerce event ever — bigger than the $24. 2 billion online sales made between Thanksgiving Day and Cyber Monday in the US last year. What started 11 years ago as an attempt to encourage online shopping in the quiet period between Golden Week in China and Christmas has now gone global. The top five countries selling into China via Alibaba platforms were Japan, United States, South Korea, Australia and Germany, according to the Alibaba Group. Global brands, such as Apple, Bose, Estée Lauder, GAP, H&M, L’Oréal, Nike, were among the nearly 300 whose sales surpassed RMB100 million ($14. 3 million) this year. Forward-thinking retailers are realising the reach of 11. 11. For example, the cosmetics brand MAC sold 60,000 units of a limited-edition lipstick in five minutes of pre-sales. Yet to appeal to international customers and close sales, retailers have to make it easy for customers to check out and pay. Frequently this means offering familiar local payment methods. That’s iDEAL for the Dutch, P24 for the Poles, Bancontact for the Belgians and so on. PPRO has been a strategic local payments partner of Alipay, the payment service provider for the Alibaba Group, since 2015. We help make it easy for customers outside China to pay in ways they know and trust on Alibaba Group websites. Therefore, we were heavily involved again in the biggest Global Shopping... --- Steve Jobs said it best: simple can be harder than complex. He wasn’t talking about payment systems or about preparing for peak trading seasons. But his wisdom still applies. At PPRO, our local payments partners and customers are gearing up for peak trading during the holiday season. It kicks off with the 11. 11 Global Shopping Festival timed to coincide with Singles’ Day in China, continues through Black Friday and Cyber Monday, and winds down after the start of the new year. This year, we’re doing things a little differently. We’re lifting the lid to show you how all the million puzzle pieces fit together to create a simple, seamless experience for our customers. And their merchant customers. (See, we told you it was complicated! ) “By failing to prepare, you are preparing to fail. ” – Benjamin Franklin In truth, we’re always preparing for peak season. The preparations never really start or stop. They’re an ongoing part of business-as-usual development and maintenance year-round. We work with some of the largest acquirers and payment service providers (PSPs) worldwide. We support their tier-one global merchants; high-volume retail, services, travel, digital goods, and ticketing clients. We’re used to seeing high and sudden spikes in volume, and we’re prepared to handle them. But some local payment method (LPM) partners may not be used to such spikes; they can be up to 3-4 times their normal volumes. So over the summer, we ramp up both our internal and external preparations. Testing — we re-test... --- PPRO’s Niall Conn and Bancontact Payconiq Company CEO Nathalie Vandepeute discuss how the Belgian payment method has positioned themselves in the market, and the changing landscape of mobile payments. Learn more about Bancontact Payconiq Company here. Explore other insights You might enjoy these other nuggets of wisdom. --- How are US merchants doing business across the globe? Niall and Steve Villegas, VP of Partnerships in North America for PPRO, discuss PPRO’s new report exploring those themes. Hear about the most surprising stats from the report, the US trade disputes, and what the biggest markets are for US merchants (and how they can win them over). Download your copy of the report Explore other insights You might enjoy these other nuggets of wisdom. --- The US Cross-Border E-Commerce Report features data on the changing nature of global e-commerce and insights into how localization is crucial for global expansion. Dig into detailed data and exclusive insights on how US merchants can expand their businesses and increase sales conversion across the globe. Explore other insights You might enjoy these other nuggets of wisdom. --- Despite events happening around the world from trade disputes to looming legislation with global impacts, we are entering an era of unparalleled growth. According to PPRO research, worldwide cross-border e-commerce grew by 4% last year to a current value of $412 billion. To take advantage of this global opportunity, US merchants need to accommodate the very different local economies of consumers around the world. The way consumers pay for goods and services is inherently local and driven more by cultural factors than financial or regulatory affairs. Today, local payment methods account for 77% of global e-commerce spend; by 2024, this figure will rise to 82%. By taking a localized approach and understanding the technological, societal and economic trends taking place around the globe, US merchants can reach cross-border consumers and accelerate their growth. Global Commerce is Booming In 2018, US merchants exported over $57 billion worth of goods to global markets, with nations like India and Australia purchasing $2 billion each and China purchasing nearly $30 billion. And it’s a two-way street: the US also spends $102 billion overseas each year. While these figures show total exports, the potential for US merchants to capture a chunk of the $400 billion global cross-border e-commerce market is evident. Global consumers want to purchase American goods; it is a matter of offering the right payment methods to give these shoppers a smooth checkout experience. With the right framework and approach, online merchants can start to see more of this revenue flow back into... --- This week on the PPRO Podcast, Niall is joined once again by Matt Jackson to discuss the last week’s news! They discussed the death and resurrection of Libra, Malaysia giving away money, Softbank’s investment in PAYTM, Alipay coming to Russia, Apple getting regulator’s attention, the EU’s delayed SCA, and the new Venmo credit card. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the Podcast, Niall sits down with Joyrene Thomas, a long-time writer and observer of the payments industry to discuss the pitfalls and perils of the cashless society. You can learn more about Joyrene‘s work here. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the show Niall and James discuss PayPal in China, Mexico’s new QR and NFC system, is Facebook’s Libra in trouble, and Amazon’s wave payment. Explore other insights You might enjoy these other nuggets of wisdom. --- The French, Italians and Spanish typically start their day with a pastry or bread and strong coffee. The Brits love a fry-up, while the Germans prefer cold cuts and cheese. Open-face sandwiches are popular in Sweden and chocolate sprinkles on toast in the Netherlands. Breakfast choices vary so much and reveal a lot about you, as they depend on local produce and customs. It’s a good parallel with payments. These are varied and have been shaped by cultural, political, economic and technological factors. Payments can be as revealing about your origins as breakfast choices — perhaps more so. New European travel payments report The travel sector was among the first to realise this. They were the true pioneers of a ‘think global, act local’ outlook, as our recently-published European travel payments report, in association with Klarna, shows. Airlines and hotels understood that while business was global, payment remained a local affair. To secure sales from overseas customers, they offered local payment options, such as bank-funded transfers, e-wallets and domestic debit brands. To make customers feel at home wherever and however they spent, they priced in local currency and offered dynamic currency conversion (DCC) as standard. To capture maximum sales, they sold through travel agencies, tour operators and direct-to-customers. Their far-sighted approach has paid dividends. Airline and hotel purchases account for around 15-25% of total e-commerce spend by value across the ten countries in the report. This ranges from one-lira or one-zloty-in-seven spent online in Turkey and Poland to one-krone-in-four in... --- This week on the PPRO Podcast, Niall and James talk about the US’ instant payment system, the Phillippines standardizing QR codes, Stripe’s newest product, JP Morgan’s blockchain, Libra, and Starbuck’s newest payment innovation. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the show, Niall is joined by Jonathan Wood, Senior Vice President, Mastercard to discuss the UK’s PaybyBank app! It’s an interesting conversation on what sets the PaybyBank out apart from the competition and why its quickly gaining popularity. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the Podcast Niall is joined once again by James Booth to discuss the death of Chase Pay, the creation of a European wide payments system, online security, and how millennials are targets for online fraud. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the show Niall is joined by Matt Jackson to discuss Whatapp’s expansion to Indonesia, how Fintech investments are down for the first half of 2019, if Germany can replace the UK as a Fintech hub, and how to properly store your new Apple credit card. Let us know what you thought was the most important by sending an email to podcast@ppro. com. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the podcast, Niall is joined by Richard Harrison to discuss the news from the last weeks! They talked about the new credit card from Apple, Klarna’s latest round of investment, Mastercard’s largest purchase yet, when the US will be getting instant/real-time payments, and Stripe’s opening of offices in LATAM. Let us know what you thought were the most important items of news by sending an email to podcast@ppro. com. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the show, Niall sits down with Ralf Amrein PPRO’s Head of Infrastructure & IT to discuss why PPRO has decided to go to the cloud. Explore other insights You might enjoy these other nuggets of wisdom. --- Niall Conn and James Booth dive into the Fin-ntech headlines from the last week. Topics this week include; Facebook’s Libra, Whatsapp in India, Visa’s investment in Go-Jek, Voice payments, SWIFT’s crossborder Instant transfer method, and Payconiq. And the gentleman on the train. Let us know what you think the most important story was by sending an email to podcast@ppro. com Explore other insights You might enjoy these other nuggets of wisdom. --- PPRO and Klarna proudly present their very first European Travel Guide. Learn more about local payments for a global travel industry, get insights in 13 European countries and find out which of them has the highest e-commerce volume when it comes to travels. Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the PPRO Podcast, Niall sits down with Klarna’s Head of Travel, Wilhelm Hamilton, to discuss how Europeans like to pay for their travel. PPRO and Klarna have a webinar scheduled for the 17th of July; you can join it here. You can follow PPRO on Instagram and twitter @ppro_payments. Remember to leave a review on iTunes and subscribe on the podcatcher of your choosing! Explore other insights You might enjoy these other nuggets of wisdom. --- In the third of the PPRO podcast’s ongoing series “Better Know an LPM”, Niall is joined by PPRO’s An Lu to discuss the Australian and New Zealand payment method POLi. You can read more about the payment method here. Remember to subscribe to the PPRO podcast on iTunes, Spotify or the podcatcher of your choice! Explore other insights You might enjoy these other nuggets of wisdom. --- There are some shocking facts and figures that show just how huge the e-commerce market in Asia is. Here’s one to start – The value of e-commerce paid for with something other than a credit card, just in China, is greater than the value of the entire Western European e-commerce market . The entire e-commerce market in Asia is worth $1. 4 trillion a year. That’s TRILLION. For comparison, the equivalent figure for Western and Central Europe is less than half at $618 billion. And as more Asian markets transition from developing to developed economies (for example what is happen today in Malaysia according to the World Bank ) — and more consumers come online, the Asian e-commerce market will dwarf that of any other region. Here are five more facts that gives scale to the shocking size of e-commerce in Asia: By value, the online market for air travel and hotels in Asia is worth $58 billion more than the entire revenue for the whole US air-travel sector, including both online and offline bookings . Each year, the APAC e-commerce market grows by 18% — $252 billion a year. That growth alone, is worth more than the combined e-commerce markets for France, Germany and Italy . In 2018, Chinese shoppers spent $115 billion with merchants based outside of China. That’s bigger than the e-commerce markets of Mexico and Canada combined . The e-commerce market in Southeast Asia is roughly the same size as those of Belgium and Holland. Within... --- This week on the PPRO podcast, Niall is joined once again with Ioana Siman to discuss PPRO’s LMP of the Month: MyBank. They dive into the user flow for MyBank, as well as the e-commerce markets in the countries it operates. You’ll find more information about MyBank here. As always you can subscribe to the PPRO podcast on iTunes, and Spotify and you can follow PPRO on Instagram and Twitter! Explore other insights You might enjoy these other nuggets of wisdom. --- This week on the PPRO Podcast, Niall Conn sits down with Max Shinerock from Edgar Dunn and Company (EDC) to discuss PPRO Payment Almanac. Edgar Dunn and Company provides many of the interesting data points in the Almanac, and Niall and Max discuss how EDC collects its data and how it works to make sure it is as accurate as possible.   If you’re enjoying the show subscribe on iTunes and Spotify. Explore other insights You might enjoy these other nuggets of wisdom. --- --- ## News London, 7th July 2025 - PPRO, the leading local payments platform, has announced the appointment of Michelle Eischeid as Chief Financial Officer (CFO). In her role, Michelle will spearhead PPRO’s global financial strategy, financial planning and operations, and investor relations, as the company continues to scale its platform and expand its international reach. Michelle brings over two decades of experience across financial leadership roles in global payments, banking technology, and fintech. She most recently served as Interim Group CFO at Planet, where she was also SVP - Commercial Finance and Deputy CFO. There, she led strategic initiatives focused on revenue growth and margin enhancement. Prior to that, Michelle was in the leadership team at FIS, including Divisional CFO for Wealth Retirement and International Banking & Payments. She managed a $1. 5 billion P&L and led global teams across the US, LATAM, Europe, and Asia. Her earlier career includes executive roles at Worldpay, where she oversaw global pricing strategy for the eCommerce business and supported product expansion into new markets. Michelle’s breadth of experience in financial transformation, commercial optimisation, and business partnering further reinforces PPRO’s commitment to building a scalable, performance-led organisation. Upon joining PPRO, Michelle Eischeid said, "PPRO is a respected and enviable force at the centre of the local payments ecosystem. I’m looking forward to partnering with Motie and the leadership team as we chart the next phase of PPRO’s growth. I look forward to helping deepen our customer relationships, strengthen our financial operations, and support the business in... --- New functionality connects merchants to 60m unbanked Brazilians London, 16th June 2025 – PPRO, the leading local payments platform, today announced the launch of Pix Automático on the PPRO platform, on day one of the Central Bank of Brazil’s live rollout.   This newest enhancement to Brazil’s instant payment system, Pix, offers consumers an effortless and cost-effective way to manage recurring payments, by enabling seamless cross-regional recurring transactions.   Pix Automático, developed by the Central Bank of Brazil, allows consumers to authorise recurring payments such as subscriptions, utilities, and memberships with a single upfront consent. This eliminates the need for manual approvals with each transaction, reducing friction and improving retention in the payment journey. Additionally, it provides the 60 million Brazilians without credit cards to access these services, significantly boosting financial inclusion across the country. With a sandbox and documentation for Pix Automático available through PPRO, merchants and Payment Service Providers (PSPs) can benefit from: Access to Brazil’s preferred instant payment method – now with recurring capabilities. Optimised conversion and retention – frictionless recurring flows reduce payment declines and subscriber churn. Faster time to market – plug-and-play functionality via PPRO’s platform accelerates access to Brazil’s 174m+ Pix users. Trusted infrastructure and local expertise – built on the same local payments backbone trusted by leading global brands. “Recurring payments are a powerful engine for growth and Pix Automático is set to transform how consumers in Brazil engage with subscriptions and other repeat services,” said Motie Bring, CEO at PPRO. “Our mission... --- New solution connects local payments to subscription economy to accelerate growth of thriving sector PPRO, the leading local payments platform, today announced the launch of Subscriptions for Local Payments. The dedicated solution empowers Payment Service Providers (PSPs) and merchants operating in the subscription economy to accelerate growth through optimised local payment strategies. The new solution enables customers to optimise their payments strategy and checkout journeys through dedicated access to functionality that drives incremental revenue by expanding access to local consumers, increasing loyalty, and reducing cost to create and manage an optimised payment experience. Through Subscriptions for Local Payments, businesses can access: The payment methods that matter in the subscription economy - local payment methods and local cards such as Twint and Bancontact with native recurring functionality. PPRO-signature recurring enhancements - PPRO’s advanced platform capabilities elevate schemes that don’t offer native recurring, enhancing the functionality to become subscription-ready. Feature flows fit for the subscription economy - Dedicated features help cut down on free trial abuse, reduce payment declines, allow flexible billing, make onboarding friction-free, and more. Dedicated subscription expertise - focused on maximising conversion rates and minimising drop-offs, the PPRO team’s deep local payments expertise serves as dedicated support to subscription customers. Motie Bring, PPRO CEO, said “With the subscription economy projected to be worth almost $1 trillion by 2028, the opportunities and competition are rapidly intensifying for businesses operating subscription models. Local payments are central to capturing this growth, helping merchants and PSPs reach more customers and stay competitive in... --- Powering payments responsibly, driving change with transparency. Our ESG 2024 Report showcases our commitment to our environmental, social and governance responsibilities. We are on a mission to help businesses grow by letting their customers pay local. And we are committed to holding ourselves accountable for our progress, continuously improving our practices, and working in partnership with our stakeholders to create a more sustainable and equitable future. We hope you enjoy reading it.   This report was designed using inclusive design principles. More news Browse the latest in the world of payments --- London, March 18th , 2025 – PPRO has been named in the first ever Payments Power 50 list by The Power 50, recognising the 40 most innovative companies and 10 industry experts driving transformation in the global payments industry. Founded in 2018, The Power 50 shines a spotlight on those who are transforming financial services for the better and delivers ongoing support and development for participants. Bringing together a diverse yet interconnected community, the Payments Power 50 will serve as a reminder of the significant strides being made in the payments space. From established financial giants to rising fintech stars, the list will also include well-known influencers whose insights and contributions continue to inspire and challenge the industry. PPRO is the leading global provider of local payment infrastructure, connecting payment service providers, enterprises, and financial technology companies to local payment methods across 85+ markets worldwide. Processing over $20 billion in annual transaction volume, PPRO's unified platform simplifies the complexity by offering local payment options, enabling businesses to access new markets by letting customers pay with their preferred methods. With offices in 11 strategic locations from Singapore to São Paulo, PPRO's team of 400+ payments experts is trusted by industry leaders to power the future of local payments across Europe, LATAM, and beyond. "With local payment solutions now powering 82% of e-commerce transactions, our mission is to build a global network that simplifies commerce by connecting merchants with the payment methods their customers prefer," says Motie Bring, Chief Executive Officer at... --- London, 24th February 2025 – PPRO, the leading local payments platform, has partnered with European Payments Initiative (EPI) to secure Principal Membership of Europe’s newest payment method, Wero. Through its Membership, PPRO will provide its customers with the most comprehensive route to access Wero via sponsored associate membership, payment facilitator access, or as a technical gateway. Wero, EPI’s mobile-first wallet and instant account-to-account payment solution transforming and standardising how Europeans pay, is currently available to consumers for P2P transactions in Germany, France and Belgium. Launched in 2024 by EPI, Wero has ambitious plans to become Europe’s favourite payment method, and to evolve to offer e-commerce, point-of-sale purchases and third-party payment methods.   PPRO will support Wero’s e/m-commerce and in-store payment flows when it becomes available, starting with e/m-commerce in 2025. Both will be made available through PPRO’s local payments platform, giving PSPs the power to build once and scale continuously.   PPRO’s partnership with EPI to integrate Wero will deliver greater access, scale and continuity of payments in Europe. Acquirers, issuers and merchants can all benefit from PPRO’s platform connectivity as PPRO manages every point of the payments cycle including activation of payment methods, acceptance optimisation, operational boarding and funds management.   This unification will hugely benefit PSPs and merchants, as they will be able to connect directly with consumers across Europe without having to coordinate multiple integrations or partnerships. Motie Bring, CEO at PPRO, “We are thrilled to be a Principal Member of Wero, providing unparalleled access to Europe’s... --- London, 10th December 2024 - PPRO, the leading local payments platform, has announced the appointment of Nicole Asling as the new SVP of Commercial Europe. In her role Nicole will lead PPRO’s Commercial function in Europe, to establish and build relationships with customers and stakeholders across the region. With 16 years of experience in fintech and payments, Nicole brings a wealth of expertise that will play a pivotal role in driving PPRO’s continued growth and success. Most recently, Nicole served as Vice President of Partnerships at Worldpay, where she led a global team of experts, transforming Worldpay’s partnership strategy and driving an 80% uplift in revenue. Her career highlights also include winning the Salesperson of the Year award at the British Excellence of Sales & Marketing Awards (BESMA), and founding Worldpay’s Women’s Mentoring Program, which she is particularly proud of considering, what began as a small initiative grew into a global program with over 400 employees, fostering diversity and empowerment across the organisation. Nicole reflects on her new position at PPRO and says: "What excites me most about this role is the opportunity to accelerate revenue growth for our partners whilst enabling consumers to pay seamlessly in their preferred ways, through simplifying and expanding access to local payment methods. PPRO’s mission to innovate in the payments landscape aligns perfectly with my passion for driving transformative change and delivering exceptional value to customers and merchants. " Nicole added: “Leveraging PPRO’s payments expertise and the strength of the team, we aim to create enduring... --- Money 20/20 Europe, Amsterdam, 4th June 2024 - PPRO, the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. This collaboration will enhance PPRO’s instant payment capabilities in Sweden through seamless integration with Lunar’s payment infrastructure and will allow Swedish consumers to use local payment method Swish for payments at more of their favourite global merchant brands. The Swedish e-commerce market is worth US$43 billion1, with Swedes buying almost US$6 billion worth of goods and services from e-commerce merchants in other countries. Sweden's main trade corridors between China, Germany, and the United States account for 65% of cross-border sales2 providing more opportunities for merchants in these countries to drive growth. As Sweden's go-to mobile payment service, Swish is one of the largest payment solutions in Europe and will be available to PPRO customers in the coming months. Along with debit cards, it is the most common local payment method used for e-commerce purchases by Swedish consumers3, reinforcing the need for global businesses to offer their preferred payment method at checkout. Motie Bring, CEO of PPRO said, “Swish is replacing cash for Swedish consumers. With over 8 million users, this partnership will enable our global partners and customers to tap into the Swedish e-commerce market at scale. Our partnership with Lunar will unlock a highly complex banking environment and enable not only access to instant payments in Sweden, but also help PPRO expand further across the Nordics. " Ken Villum Klausen,... --- London, 23rd May 2024 - PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay. This will enable US, Europe, China and Hong Kong-based e-commerce merchants and payment service providers (PSPs) to sell directly to US consumers using Afterpay1. BNPL is transforming the way consumers shop in the United States. On Cyber Monday 2023, BNPL usage soared to an all-time high, increasing by 42. 5% from the previous year2. Consumers choose BNPL because they want more flexibility, and in turn it increases average order value for merchants since consumers can spread the cost of their purchases over time. Eelco Dettingmeijer, Chief Commercial Officer, PPRO, commented on the partnership, “With the popularity of BNPL in the US expected to increase, offering it at checkout is a no-brainer for merchants looking to sell to US consumers. Now merchants from the US, Europe, China, and Hong Kong, can tap into Afterpay’s platform and provide flexible payment options, which will attract more consumers and boost sales. ” 1. This solution is enabled through a US banking partner. 2. https://business. adobe. com/blog/the-latest/buy-now-pay-later-giving-shoppers-more-choice-at-checkout About PPRO PPRO is a fintech company that provides digital payment solutions to businesses and banks so that they can scale their local payment services through one connection. Stripe, PayPal, and J. P. Morgan are just some of the names that work with PPRO to accelerate their roadmaps, boost their conversions, and eliminate the complexities of local payments. About Afterpay Afterpay is transforming the... --- London, 30th April 2024 - PPRO, the leading local payments platform, has announced the appointment of a new senior leader, Bronwyn Boyle, as Chief Information Security Officer (CISO). In her role, Bronwyn will spearhead PPRO’s security strategy and oversee information, cyber and technology security across all product offerings and processes. Bronwyn brings over two decades of experience across technology, cybersecurity, regulatory compliance and fraud prevention. Most recently, Bronwyn served as CISO at fintech Mambu and led security transformation and AI enablement initiatives for TSB Bank. Prior to this, Bronwyn was Head of Security and Counter-Fraud for the UK’s Open Banking implementation entity. She also holds several advisory and non-executive positions for a range of financial services and technology businesses. Bronwyn’s wealth of knowledge in cyber and technology security, coupled with her track record of executing successful transformation programmes, further demonstrates PPRO’s commitment to maintaining the trust and confidence of its partners and customers. Upon joining PPRO, Bronwyn said, “In today’s payments landscape, cyber attacks can pose existential threats to organisational stability, with potential ripple effects impacting broader financial and customer ecosystems. With this in mind, security has to be top of the agenda, and we are working closely with our partners and customers to collectively strengthen security on a global level. ” Commenting on Bronwyn’s appointment, Motie Bring, CEO at PPRO, stated, “Bronwyn’s appointment as CISO is a testament to our commitment to further strengthen security and combat fraud for our partners and customers. Bronwyn joins PPRO at a time... --- London, 23rd April 2024 - PPRO, the leading local payments platform, has today announced its entry into the US market. Through its relationship with Column N. A. , PPRO will enable global payment service providers (PSPs) and merchants to reach millions of US consumers via a single API. The growth potential is significant with US e-commerce spending expected to reach US$1. 5 trillion by 2027 with the average online shopper spending over US$4,000 a year with merchants. * US trade corridors between China, the UK and Canada account for 65% of cross border sales reinforcing the need for businesses to tailor their checkout experience based on consumer preference. "As the global payments landscape becomes more fragmented, we’re seeing a rise in the adoption of local payment methods in the US such as BNPL and digital wallets, which mirrors what’s happening in Europe, LatAm, and APAC,” said Motie Bring, CEO of PPRO. “With an expected e-commerce market of US$1. 5 trillion by 2027, this provides opportunities for global businesses to expand their reach into the US and enhance customer experience. ” The US market entry follows a recent funding injection of €85 million into PPRO to support its growth into key markets, expand its global network of local payment methods, and assist in strengthening its core teams across legal, compliance, and commercial. This follows PPRO’s previous successful geographic expansion into the APAC region and LatAm. *Data source: https://www. ppro. com/countries/united-states/ More news Here’s some other content you might be interested in. --- London, 13th March 2024 - PPRO, a leading local payments platform, has today announced the completion of a dual tranche funding round totalling €85 million to pursue growth in key markets and further enhance its global network of local payment methods. The funding is provided by new and existing investors, including Eurazeo, HPE Growth, Sprints, PayPal Ventures, J. P. Morgan, Citi Ventures, Claret Capital Partners, and funds managed by BlackRock. “PPRO had a stellar 2023, delivering record revenue. ” said Rahul Raswant, Chief Financial Officer, PPRO. “Our focus on helping customers access new markets by creating seamless local payment experiences is validated by the strong demand we’re seeing, as well as by this infusion of capital which represents a real vote of confidence in PPRO’s growth prospects. ” “PPRO has set itself apart as a leader in the payments industry and is at the forefront of enabling businesses to sell goods and services to anyone in the world using their preferred way to pay,” added Anne-Charlotte Philbert, Managing Director – Growth at Eurazeo. “The company combines distinctive technology, robust financial performance with an exceptional management team, and is firmly on track to reach profitability. We are more enthusiastic than ever to continue our support of PPRO’s mission to simplify access to local payment methods. ” “Since our first investment in 2018, PPRO has grown its market reach and prominence in the constantly evolving payments space,” commented James Loftus, Managing Partner, PayPal Ventures. “PayPal values our partnership with PPRO and we... --- Marc Kuzak joins Selene’s team as Legal Director and Massimiliano Conte as Compliance Director London, 7th March 2024 — PPRO, the leading local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. Through these new appointments, PPRO is bolstering its ability to manage the changing regulatory landscape, mitigate legal risks and enhance governance. Selene Brett brings over two decades of experience in senior legal financial services positions, including at open banking infrastructure platform Yapily and Open Banking Limited. Transitioning from her role of Chief Legal Officer at Yapily, she joins PPRO as Chief Legal, Risk and Compliance Officer. Based in London and with a deep understanding of the payments industry, Selene will strengthen commercial success for PPRO by enhancing its compliance and regulatory framework.   Marc joins PPRO as Legal Director, and Massimiliano Conte as Compliance Director, both reporting to Selene. Previously at Yapily and Plaid, Marc brings ample open banking and fintech experience. Coming from Zeus Asset Management and Bitstamp, Massimiliano brings extensive financial services experience and expertise in the crypto space. Their proficiency in compliance strategies across financial services will enhance PPRO's operational resilience and help protect against fraud and financial crime. Selene Brett, Chief Legal, Risk and Compliance Officer, PPRO, said, "In this fast-moving regulatory landscape, it is essential for payments businesses to put legal, risk and compliance at the core... --- London, 6th February 2024 — PPRO, the leading digital payment platform, has announced the appointment of two senior leaders: Eelco Dettingmeijer as Chief Commercial Officer and Mariette Ferreira as Chief Marketing Officer. These strategic hires come at a time when PPRO is gearing up for a new phase of growth. Eelco brings over a decade of experience in payments, and over two decades in international sales roles with an impressive track record of driving commercial success. He spent seven years in commercial leadership roles at global payments processor Worldpay, served on the board of Icepay, and then spent three at Nuvei. Eelco's leadership experience is especially focused on EMEA markets, and he is recognised for building robust teams and strategic commercial growth. As CCO, Eelco will be spearheading growth in PPRO’s key strategic markets in Europe and the US, while also expanding its merchant network worldwide. Mariette Ferreira joins PPRO as a CMO with over 15 years of B2B marketing experience, including ten years within the fintech industry. She has helped scale businesses such as payments platform FairFX (now Equals Group) and most recently served as CMO at fintech consultancy 11:FS. Mariette is poised to deliver a marketing strategy that drives commercial success and advances PPRO’s market position. Eelco Dettingmeijer, CCO of PPRO said, "PPRO is well positioned to move up the value chain and has a unique value proposition that empowers growth for both payment companies and direct merchants. The payments industry is rapidly evolving, and I look forward... --- Switzerland's fastest growing payment method opens up an online consumer base of more than five million - PPRO, the leading digital payment platform, has integrated Swiss payment method TWINT onto its platform. Processing over 386 million transactions in 2022 alone, TWINT is the preferred way to pay for more than half of the Swiss population and it has become an essential choice for online merchants looking to reach Swiss consumers. According to PPRO research, the Swiss e-commerce market is currently valued at US$14 billion and is projected to reach US$22 billion by 2027. With over 5 million active users, TWINT has gained significant traction in Switzerland, and now accounts for well over half of mobile payment transactions in the country*. By providing Swiss consumers with their payment method of choice, payment service providers and merchants can ensure a more seamless and efficient checkout experience, which positively impacts conversion rates.   Adrian Burgess, Head of Payment Partnerships, EMEA at PPRO, said: “We’re thrilled to be able to offer TWINT as part of our portfolio. Payment service providers and merchants globally can now access this essential Swiss payment method in a market where mobile-first ecommerce is seeing impressive growth. Our partnership will unlock the full power of the US$14 billion Swiss e-commerce market for our customers, and open up the rest of Europe for Swiss consumers. ” Adrian Plattner, Chief Sales Officer at TWINT, said: “TWINT's goal is to make our users' lives easier on a daily basis. Our collaboration with PPRO... --- London, 6th September 2023 - PPRO, the leading digital payments platform, announced today that its Board has promoted Chief Commercial Officer, Motie Bring, to the role of Chief Executive Officer, effective 2nd October 2023. Bring will replace the current CEO, Simon Black, who announced his departure earlier this year. The appointment follows an extensive external and internal search process conducted by the Board over the last few months.   Motie is a highly regarded leader in the payments industry with over two decades of experience, including a number of executive positions with global providers. He has an impeccable track record in driving growth, transforming businesses and creating value for customers and partners. Prior to joining PPRO, he spent seven years in senior management roles at Worldpay and most recently, served as Chief Commercial Officer at payments technology company Nuvei.   “With his passionate, customer-centric approach, breadth of payments experience and proven track record of developing, guiding and inspiring teams, Motie is the ideal leader to take PPRO to the next level as we focus on the many exciting growth opportunities that lie ahead,” said Lázaro Campos, Chairman of the PPRO Board. “I would also like to thank Simon Black for his great leadership since 2015, transforming PPRO into a pivotal industry pioneer with a unique proposition unlocking local markets for global payments players. ”  “I am immensely proud of our great achievements over the past eight and a half years and I feel very privileged to have led such a... --- We don’t just want to power digital payments in every corner of the globe. We also want to have a positive impact on society. Our latest ESG report outlines how we’re doing this, from creating a diverse and supportive workplace to making sure our carbon footprint is as small as possible. We hope you enjoy reading it. More news Browse the latest in the world of payments --- Company is well positioned for the next growth phase; successor to be announced in due course London, 10 May 2023 - PPRO, the leading digital payments infrastructure provider, announced today that CEO Simon Black will step down from his position on 31 December 2023, after leading the company for almost nine years. This announcement follows the completion of the integration of Alpha Fintech, acquired in March 2022; the reshaping of the management team; and the strengthening of the Board, commencing with the appointment of Lázaro Campos as Chairman a year ago. Simon Black said, “I’m incredibly proud of what we have achieved and I’m most excited about what lies ahead for PPRO. The company is better positioned than ever before, especially with the addition of an outstanding CTO, CFO and Chief Commercial Officer in the last 18 months. Over the next few months, we are launching a new single API, a global payment gateway and the first, frictionless, cross-border e-commerce solution for UPI in India. With the company so well positioned for the next growth phase, and after almost nine years at the helm, I have decided it is the right time for me to step aside and help transition to a new CEO. ” Simon Black joined PPRO as CEO in 2015, when it was a multifaceted FinTech startup, shortly after the company had received its first outside investment from HPE Growth. In its most recent equity funding round in 2020, the company achieved unicorn status with a valuation... --- This partnership removes complexity and boosts efficiency for international PSPs and merchants wanting to sell cross-border into India at scale. London/Mumbai, 27 April 2023 – PPRO, the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing, real-time payment system, for cross-border transactions. Today’s agreement, supported by a new framework co-developed with NIPL, paves the way for the first merchants to go live in the coming months. By connecting directly to UPI via PPRO’s digital payments infrastructure, international payment service providers (PSPs) enable merchants to tap into India's huge online consumer base easily and securely, without the need for setting up a legal entity in India, settlement to an India-based bank or for uploading invoices to clear funds. For consumers, this means they can seamlessly make cross-border purchases in Indian Rupees using their favourite payment method. Launched in 2016, UPI is India’s most popular instant payment system, already processing 60% of all domestic payments. It has over 325 million active users, supports 390 banks and 100 third-party apps within a single mobile application. In March 2023 alone, UPI processed over 8. 7 billion transactions, the highest since its launch. Simon Black, CEO at PPRO, said: “International payment service providers and their merchants can now easily tap into an e-commerce market that is expected to reach an estimated $111 billion next year1, and predicted to almost double to $200 billion by 20262. By... --- Passionate payments executive Motie Bring joins PPRO to further drive the company’s commercial strategy and the development of its global digital payments infrastructure, which enables partners to scale payment services at speed PPRO, the leading global digital payments infrastructure provider, has announced the appointment of Motie Bring as Chief Commercial Officer. Motie’s impressive track record helping merchants and payments companies scale up their operations will be crucial in strengthening PPRO’s market position as the most trusted infrastructure partner for payments service providers (PSPs), merchants and banks. Based in London, Motie will report to CEO Simon Black, and will be responsible for advancing the company's commercial strategy, guiding the global business development teams and overseeing PPRO's Sales and Marketing departments.   Motie has over 20 years of experience in payments, having held a number of senior executive positions with renowned companies in the industry. He spent seven years in senior management roles at WorldPay and most recently served as Chief Commercial Officer at payments technology company Nuvei. Motie is a well-known thought leader in the payments sector, regularly speaking at major conferences and frequently quoted in the media on payments, fintech and e-commerce trends. Commenting on Motie’s appointment, PPRO CEO, Simon Black, said: “Motie’s expertise in payment processing, knowledge of the orchestration space and his experience in shaping commercial strategies, make him an ideal addition to PPRO’s Executive team. Motie is an inspiring leader and I am looking forward to working with him to build the world’s leading digital payments infrastructure... --- The addition of local card acquiring and Toss Pay wallet empowers global payment service providers and their merchants to unlock untapped opportunity in the South Korean market PPRO, the leading digital payments infrastructure provider, has extended its infrastructure to the South Korean market through integrating South Korean local cards and Toss Pay, one of the most popular e-wallets in South Korea onto its platform.   Toss is South Korea's leading financial service platform, operated by Viva Republica, that reaches a total of 24 million users (or more than a third of South Korea's population) as of Feb 2023. Also Toss Pay, its e-wallet service for purchases made with a card or an account linked to the Toss app, makes payments at any partner merchant with the Toss app, without the hassle of an additional sign-up or registration process. The addition of local cards and Toss Pay opens up a gateway for PPRO’s global partners, payment service providers and their merchants, to reach millions of South Korean consumers.   According to research, consumers in South Korea have an appetite to spend larger than average amounts online, with an estimate of 94. 7% of young South Koreans having purchased goods and services online in the past year. The country is also poised to become a leading global e-commerce market expanding at a double-digit compound growth rate (CAGR) of 13. 6% by 2024. In fact, digital payments have almost become the de facto mode of payment in South Korea, with PPRO’s data revealing... --- Portugal’s most popular digital payment method opens up a consumer base of over 4. 5 million users PPRO, the leading provider of digital payments infrastructure, has announced that it has expanded its coverage of the Portuguese market by integrating MB WAY, Portugal’s leading mobile wallet provider, onto its platform. This development comes as a result of PPRO’s long-standing partnerships with SIBS and Deutsche Bank Portugal. MB WAY has a large consumer base of over 4. 5 million users and is supported by 28 banks across Portugal. With a 45% market share of national e-commerce transactions and an extensive user base, payment service providers (PSPs) and their merchants that want to expand and grow in the Portuguese market need to offer MB Way as a payment method at checkout.   According to PPRO data, the Portuguese e-commerce market, currently worth 13. 9 $US billion, is expected to grow to 22. 6 $US billion by 2026. For online merchants wishing to tap into this vast growth, creating a seamless payment experience tailored to how Portuguese consumers spend their money is paramount.   This integration solidifies PPRO’s Portuguese payments portfolio as one of the most comprehensive in the market. “Portugal offers PSPs and their merchants a solid opportunity to tap into a booming e-commerce market, and we’re excited to have integrated MB WAY onto our platform. At PPRO, we’re committed to building the most extensive digital payments infrastructure to support PSPs and merchants in gaining access to new cross-border markets and customers. Our... --- PPRO, the leading provider of digital payments infrastructure, has completed the rollout of its new, no-code service orchestration layer, uniting hundreds of payment, acquiring, and risk products from dozens of providers - all of which can be deployed and scaled through one connection. PPRO's orchestration layer enables customers to launch new products and tools faster, replace legacy platforms more easily, while eliminating burdensome RFP processes and single provider dependence. The milestone concludes PPRO’s technological integration of Alpha Fintech's cloud-based platform, which it acquired earlier this year. Accessible through the orchestration layer are two new product categories, acquiring platform as a service (APaaS) and risk management, as well as PPRO's existing digital payment methods offering.   PPRO’s APaaS is a cloud-native stack that enables customers to launch best-in-class, end-to-end, acquiring services quickly and cost effectively. APaaS will appeal to payment service providers looking to break into acquiring, as well as existing acquirers that need to upgrade their legacy systems. PPRO’s risk management gives customers access to a wide range of easy-to-deploy products and services, from fraud screening applications to chargeback management and prepayment exposure tools. As a result, customers can maximise their risk protection throughout the entire transaction lifecycle by continuously calibrating across a customizable suite of products. "With our new service orchestration layer, PPRO has greatly expanded its value proposition to deliver everything customers need to optimise and scale their payment services," said Simon Black, CEO of PPRO. "PPRO’s orchestration-powered digital payments infrastructure allows customers and partners to free up... --- PPRO, the leading provider of digital payments infrastructure, has strengthened its market coverage of Malaysia with the integration of major e-wallets GrabPay and Touch ‘n Go on its payments infrastructure. PPRO now offers all of Malaysia’s most popular, independent e-wallets - Boost, Touch ‘n Go and GrabPay - to its partners which include enterprises with payments platforms, payment service providers, fintechs and banks. Through PPRO’s seamless integration, these partners can supercharge their revenue by gaining direct access to Malaysian consumers who spend an estimated USD3. 8 Billion a year when shopping cross-border.   According to research by Statista, e-wallets GrabPay and Touch ‘n Go are both expected to see their user number double from 2020 to 2025. For enterprises with payments platforms looking to tap into or grow their presence in the Malaysian market, enabling consumers to conveniently transact using their e-wallets via their mobile devices is a smart move, which will grant them access to the 83% of Malaysia’s population that have access to a smartphone. On PPRO’s bolstered presence in the Malaysian market, An Lu, Head of Market Development, APAC, at PPRO said: “Digital payments are second nature to Malaysia’s highly, mobile-enabled population and for enterprises with payments platforms looking to break into new market segments and grow new cross-border revenue, the Malaysian market must not be overlooked. In order to increase customer conversion from Malaysia, enterprises need to understand their customers’ preferences at checkout. PPRO has built an extensive Malaysian payments offering on its infrastructure and is... --- PPRO, the leading provider of digital payments infrastructure, has integrated Buy Now Pay Later (BNPL) provider Zip onto its platform, further expanding its Australian payments offering. Zip, which includes Zip Pay and Zip Money, becomes the first Australian BNPL method to be added to PPRO’s digital payments infrastructure and sits alongside other Australian local payment methods. The new integration allows PPRO’s global partners and their merchants to offer Australian consumers a way to pay with their preferred checkout option when they shop online. According to Zip’s own research, merchants offering Zip at the checkout realise a 20% increase in conversion and top line sales and 60% increase in average order value (AOV). With the pandemic accelerating the country’s move towards e-commerce, the Australian market presents a big opportunity for merchants marketing cross-border. In fact, Australia’s online retail market is expected to grow by 10. 3% CAGR by 2024, with sales projected to reach US$59. 4 billion. According to PPRO data, the top three cross-border shopping origin markets for Australians are China, the US, followed by the UK. Tristan Chiappini, VP and Head of Partnerships APAC at PPRO, commented: “Surprising to some, Australia is one of the most complex markets in the Asia Pacific region when it comes to its payments landscape. While cash is out, Australians are ahead of the curve when it comes to using alternative payment methods like instant bank transfers, digital wallets, and BNPL products to transact online.   In fact, the popularity of BNPL continues to... --- Furthering a Shared Vision of Supporting a Diverse, Alternative Payments Ecosystem  DURHAM, NC and LONDON – August 30, 2022 – Spreedly, the provider of the leading Payment Orchestration platform, and PPRO, the leading provider of digital payments infrastructure, announced today a partnership to offer a diverse portfolio of alternative / local payment methods (APM / LPMs) through the Spreedly platform. Spreedly and PPRO have partnered to offer joint customers the ability to easily access a catalog of LPM offerings via one connection to Spreedly’s Payments Orchestration platform. This includes LPMs such as Bancontact, BLIK, Boleto, Giropay, iDeal, Multibanco, OXXO, SEPA, Sofort, and BNPL offered through Klarna, with more payment method additions planned. This allows digital businesses to quickly offer the array of payment options that their end-customers demand instead of building and maintaining individual connections. “It’s no surprise more merchants are seeking ways to quickly and efficiently offer their customers their choice of alternative payment methods,” commented Jordan McKee, with 451 Research, S&P Global Market Intelligence. In a recent report, Voice of the Enterprise: Customer Experience & Commerce, Merchant Study 2022, McKee found that, “the top two payments initiatives that commerce technology decision-makers are pursuing this year are expanding alternative payment method (APM) acceptance and improving their omnichannel payments strategy. As merchants pursue these goals and others, they often find that a single payment service cannot handle every requirement of their business. Therefore, it has become common practice to enlist multiple payment services to address specific business needs. ”  Digital... --- PPRO, the leading provider of digital payments infrastructure, has integrated Gojek’s GoPay e-wallet onto its platform, taking PPRO a step closer to offering complete Indonesian market coverage. According to the World Economic Forum, the Indonesian market is expected to be the fourth largest consumer market in the world by the end of the decade, with close to 76 million Indonesians joining the consumer class by 2030. GoPay, one of the leading and most trusted payment choices for Indonesians, is well-positioned to capture this market, with over 190 million app downloads since 2020. Now, with the addition of GoPay to the payments mix, PPRO’s partners can offer Indonesian consumers the option to pay with almost all of the country’s most popular payment methods, including BNPL Kredivo, paytech DOKU, and e-wallets Jenius Pay, OVO and LinkAja. According to research compiled by PPRO, the value of Indonesia’s cross-border e-commerce market is estimated at US$4. 8 billion which presents a huge opportunity for any enterprise, payment service provider (PSP), fintech or bank wanting to tap into this market. Kelvin Phua, VP, Global Market Development at PPRO, commented:  “Indonesia is a market full of opportunity for cross-border merchants but it’s also a difficult one to navigate for those unfamiliar with its complexities. More so than any other Southeast Asian countries, Indonesians vary their payment methods depending on their purchases. That means the expert insights PPRO can offer will be crucial for our partners and their merchants looking to convert more consumers at the checkout. Integrating... --- PPRO, the leading provider of digital payments infrastructure, has appointed former Wayfair Europe finance chief Rahul Raswant as its new Chief Financial Officer. Rahul takes over the position from Götz Möller, who is stepping down after more than three years at the company. Rahul brings diverse international experience to the role. Prior to joining PPRO, he was the European Head of Finance at Wayfair for three years. Earlier roles include Managing Director at Standard Chartered Bank, investor at Passport Capital and close to a decade at McKinsey & Co. Rahul holds an MBA from Columbia Business School. “I have the pleasure of welcoming Rahul Raswant to the team as our new CFO. Rahul’s mix of international consulting, banking, investing, enterprise and entrepreneurial experience will be valuable for the next phase of PPRO’s growth and development. I’d also like to take this opportunity to thank Götz Möller for his huge contribution over the last three years helping reshape the business. Standout achievements include transforming our finance, treasury, legal & compliance, internal audit and enterprise risk functions, and playing a lead role in strategic acquisitions, divestments, and multiple funding rounds. In addition, he led our board and shareholder governance activities. On behalf of the whole team, I’d like to wish Götz all the best in his next career move and for the future,” said Simon Black, CEO of PPRO. More news Here’s some other content you might be interested in. --- PPRO , the leading provider of digital payments infrastructure, has appointed Lázaro Campos as its first Independent Chairman of the Board in efforts to strengthen its board and governance in the next phase of the company’s growth trajectory. Campos takes over from Tim van Delden, representative and Managing Partner of PPRO shareholder HPE Growth, who served as Chairman of the Board through the last stage of PPRO’s rise. Van Delden is now Vice Chairman of the Board. Campos was officially appointed Chairman on 25 April. A payments infrastructure expert, Campos spent nearly 25 years at SWIFT, the world’s leading provider of secure financial messaging services, where he held numerous positions before serving as CEO. His experience of leading and guiding large organisations will be invaluable to PPRO as the company scales up. A seasoned, non-executive director, Campos also holds board positions at Starling Bank, payments platform Payoneer, is an independent member of the Bank of England’s RTGS/CHAPS Board and Chairman of open banking platform DirectID. “Lázaro is a highly respected and inspiring industry leader, bringing with him extensive, global payments infrastructure experience from leading SWIFT. His track record in global payments will be key in preparing us for the next stage in our evolution. I’m thrilled to have him steering the PPRO board as our first Independent Chairman and look forward to working with him,” said Simon Black, CEO of PPRO. “Through holding numerous board positions, Lázaro also has deep knowledge of how to improve and optimise a board and... --- We don’t just want to power digital payments in every corner of the globe. We also want to have a positive impact on society. Our latest ESG report outlines how we’re doing this, from creating a diverse and supportive workplace to making sure our carbon footprint is as small as possible. We hope you enjoy reading it. More news Browse the latest in the world of payments --- PPRO, the leading provider of digital payments infrastructure, today announced the acquisition of Alpha Fintech, a next-gen payments technology company. The deal will expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its customers. Alpha Fintech’s cloud-based platform allows for the seamless integration of digital payments products and services, from payment processing and merchant management to risk management, fraud prevention, and data analytics. The APAC-focussed company has played a pivotal role in accelerating the growth of banks, fintech enterprises, and payment service providers, including New Zealand’s BNZ and Southeast Asia’s super-app Grab. By adding Alpha’s platform to its infrastructure, PPRO is now poised to offer a plug-and-play orchestration layer that will let its customers integrate products and services faster and at scale. Customers can look forward to more global payment flows, the ability to integrate third-party applications, stronger compliance and risk capabilities, and deeper data insights. PPRO will also welcome Alpha’s 90 paytech experts into its ranks, based primarily in Australia and Argentina, as well as the US and Singapore. Their addition boosts PPRO’s regional networks and presence and furthers its mission to become a global payments powerhouse. Speaking about the deal, PPRO CEO Simon Black said: “The acquisition of Alpha Fintech strengthens our position as both a global payments technology leader and trusted infrastructure partner to payment service providers, enterprises, banks and fintechs. ” "Global payments are evolving faster than ever. Together with Alpha, we provide... --- PPRO launches report to help American businesses maximize their chances of success as they enter new markets. PPRO, the leading infrastructure provider for local payment methods, released its latest report which takes a look at the global e-commerce market in 2022 and how American businesses can maximize their efforts as they enter new global markets. To bring US goods and services to a global market, merchants must know how to adapt and localize, including the opportunities and payment methods unique to the regions and countries into which they plan to expand. Considering 80% of consumers will abandon a transaction if they reach the checkout and cannot find a payment method they know and trust, it’s clear that to ensure maximum consumer acceptance and the best possible conversion rates, a site must offer a range of familiar and trusted local payment methods. To better understand this challenge, PPRO’s report provides comprehensive research on international payment methods, trends and cultural insights to help payment companies, merchants and retailers break into the global e-commerce market. “US merchants and retailers need to understand that in order to compete with international brands, they need to prioritize the customer’s preferences when it comes to payments,” said Claire Gates, CCO at PPRO. “The global e-commerce market is booming and if US merchants want a chance to be top players, they need to be agile enough to evolve with the current payment ecosystem to expand into new regions and win new customers. ” Key findings from the report... --- PPRO, the global provider of local payments infrastructure, has appointed Bernie Miles as Chief Technology Officer (CTO) to drive the development of its cross-border payment technology. Bernie will oversee a rapidly growing global team of engineers based across Munich, Berlin, London, São Paulo, and Singapore. His primary objective will be scaling up PPRO’s platform to support the company’s hyper-growth trajectory. A product-centric technology leader, Bernie has 20 years of experience working with e-commerce and fintech brands, including Wayfair, Expedia, Hotels. com, and Klarna. In his most recent role as Head of Engineering for Europe at Wayfair, Bernie served as the regional technology leader, massively increasing the company’s engineering capabilities on the continent. “This has been another transformational year of growth for PPRO. We’ve already seen the expansion of our leadership team with new, exciting appointments, and now we round out the team with Bernie as our CTO. His expert knowledge of technology, product culture, and experience scaling up high-profile companies will enable us to propel PPRO and digital and local payments forward,” said Simon Black, CEO of PPRO. Bernie Miles, CTO of PPRO said: “This is an exciting time for the payments industry. We’re seeing greater demand for cross-border e-commerce and a more diverse payment ecosystem, where both businesses and consumers have greater choice when it comes to how they buy and pay for online products and services. ” He continued: “PPRO is on a mission to make the world’s local payment methods available everywhere through the combination of building... --- PPRO, the leading local payments infrastructure provider, has announced the integration of Indonesian ‘buy now pay later’ (BNPL) payment method pioneer, Kredivo. BNPL is an increasingly popular payment method with Millennial and Gen Z consumers globally. It offers consumers flexible financing options for impulse or unexpected purchases. Demand for such payment solutions in the Indonesian market (where 98% of people do not own credit cards) is growing, with 55% of new e-commerce users choosing to use BNPL options when making purchases on ecommerce platforms. Kredivo is one of Indonesia’s fastest-growing BNPL payment methods, with more than 4 million users, representing over 50% of the local BNPL market. Consumers who use the payment method are largely made up of Indonesia’s middle class. Additionally, this integration also enables merchants to reach a large pool of underbanked or unbanked Indonesians. It gives consumers access to flexible instant credit that enables them to make purchases for essential and/or bigger ticket items. By offering this trusted BNPL payment method to consumers at checkout, merchants can improve their conversion rates, generate more frequent transactions from consumers who use the payment method, and potentially see larger basket sizes thanks to Kredivo’s split payment offering which allows consumers to spread payments over several installments. Commenting on the news, Kelvin Phua, Head of Global Market Development at PPRO said: “Indonesia continues to be recognised as the world’s hottest battleground for digital payments. The addition of Kredivo to our platform is a milestone in our Indonesia expansion, with the BNPL... --- The intended partnership will benefit in the global expansion of RuPay and UPI NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India, and PPRO, the leading global provider of digital payments infrastructure have today signed a memorandum of understanding (MOU) to partner together to expand and empower international growth of India’s digital payments ecosystem. The agreement aims at expanding RuPay card and UPI acceptance across PPRO’s global clients such as payment service providers (PSPs) and global merchant acquirers. This partnership will drive NIPL’s continued expansion into foreign markets and will add India to PPRO’s Local Payment Method (LPM) coverage map. The intended collaboration between NIPL and PPRO will empower the payment service providers, banks, gateways, and enterprises with payment platforms that depend on PPRO to expand their platforms internationally and beyond borders, giving their merchants access to Indian consumers who perform digital transactions using RuPay and UPI. More than a third of the 777 million Indian online consumers shop across borders, with nearly a half of all transactions taking place with online shops in the United States and China. 1 Enabling merchants in these and many other countries to accept payments through RuPay card and UPI will increase consumer reach significantly. Stefan Merz, Chief Strategy & Growth Officer at PPRO explains “Expansion into India’s e-commerce market presents a huge growth opportunity for PPRO. The country’s e-commerce landscape is worth 52. 6 billion USD, predicted to increase to 120 billion USD in 20252, and is made... --- PPRO, the leading global provider of digital payments infrastructure, today released the 2021 edition of its Payment Almanac. As the global e-commerce landscape grows to be worth an expected $US 6. 9 trillion by 2025, consumers expect to make purchases with their preferred payment method. Yet many firms still lack the knowledge, licensing, and technology to conduct local transactions. To help overcome this challenge, PPRO’s 2021 Payment Almanac provides comprehensive research on local payment methods, consumer behaviour, e-commerce data, trends and projected market growth for 150+ countries around the world. For payment service providers and other businesses with payment platforms, the ability to enable alternative and local payments is complex – requiring knowledge about local payments cultures, regulations and local payment methods specific to each market. Considering 77% of global online purchases are not made with an international credit card, but with a local payment method, the Almanac provides the e-commerce industry with a resource to better understand the payments landscape, learn about the future trends, and meet the needs of their target markets. Throughout the pandemic, many merchants, especially those based in the US, expanded their e-commerce presence worldwide. For companies looking to sell into a new market, the Payment Almanac will help refine their cross-border strategy by providing an analysis of market trends and payment methods in every region. Some of the key findings per region from the Almanac include: North America: US-based merchants remain a top seller worldwide, making up almost 50% of cross-border e-commerce purchases in... --- PPRO, the leading local payments infrastructure provider, has today announced a strategic partnership and minority investment in Sentinels, Europe’s leading transaction monitoring startup based out of the Netherlands. The partnership will enhance anti-money laundering (AML) controls for PPRO and its customers by enabling an even faster response time to suspicious transactions. Using AI and machine learning, Sentinels helps fast growing fintechs, payment service providers, remittance companies, and (challenger) banks manage risk and fulfil their compliance obligations. The Sentinels platform monitors transactions, builds rich behavioural profiles, detects a wide range of suspicious activity, and automatically generates recommended next steps – saving time and effort for compliance teams. As digital transactions have skyrocketed over the past years, and further accelerated since the pandemic began, fintechs and other financial institutions need to increasingly focus on cracking down on money laundering and other illegal activity attempts on their platforms. A recent article in the Economist speaks of the challenges of doing this in a scalable way and calls the resulting reports to the regulator an epidemic of Suspicious Activity Reports. The partnership enhances PPRO’s anti-money laundering (AML) controls, enabling their team to react even faster to suspicious transactions and protect the customers they serve from financial crime risks. The full Sentinels platform will also be offered as a value-added service to PPRO’s customers: leading global payment service providers, banks, and enterprises with payment platforms. Simon Black, CEO of PPRO, said: “the Sentinels’ platform and machine learning-generated insights will give our risk and compliance teams... --- PPRO today announces its integration of the PayPal Commerce Platform. The move further cements PPRO’s market-leading position as one of the go-to providers of local payments infrastructure for payment service providers (PSPs), banks, and gateways. PPRO’s integration will allow its customers to significantly reduce the time to integrate PayPal Commerce Platform solutions and give customers access to the PayPal Wallet. This development gives PPRO’s customers the opportunity to enable their merchants’ access to PayPal's user base of more than 403 million active accounts across 200 markets. Claire Gates, Chief Commercial Officer of PPRO, said: “Today’s news marks a step forward in PPRO and PayPal’s long-standing relationship. The benefits for partners of joining PPRO’s platform are clear: we save them time and money, and provide the quality of payment method integrations that lead to high conversion rates. With the addition of the PayPal Commerce Platform – and the ability to offer the PayPal Wallet – this offering can’t be ignored by anyone operating in the global e-commerce space. ” By partnering with PPRO, PSPs, banks, platforms, and enterprises with payment platforms not only benefit from access to the PayPal Commerce Platform, but from a vast range of local payment methods (LPMs) globally. PPRO’s global payment expertise, platform engineered for performance and innovation, value through PPRO’s network of LPMs and PSPs is all accessible with just one contract and one integration. This simplicity removes complexities surrounding local payments, increases speed to market, and helps boost sales for merchants. PPRO and PayPal will... --- Popular payment methods join other Indonesian market-leaders on PPRO’s platform including DOKU and OVO PPRO, the leading global provider of local payments infrastructure for payment service providers, banks, and enterprises with payment platforms, has today announced their integration of two of the most popular payment methods in Indonesia, Jenius Pay and LinkAja. These latest additions to PPRO’s platform will enable international payment companies and their merchants to cater to Indonesia's preferred payment methods, a proven way to increase sales in any local market. This integration was released in cooperation with PPRO’s partner DOKU, a leading payment technology company that enables more Indonesians to pay with their trusted payment methods when shopping online and onsite. LinkAja is Indonesia's national payment system platform used by more than 75 million consumers to assist cashless financial transactions. Jenius from Bank BTPN provides ease of transaction with Jenius Pay as an online transaction option using $Cashtag (a unique identity to replace account numbers for Jenius users). Jenius, a life finance solutions for digital savvy, continues to grow and gets positive feedback which currently has more than 3. 3 million users. Jenius Pay and LinkAja join Indonesia’s other preferred payment methods, DOKU and OVO, on PPRO’s platform in a move that deepens PPRO’s commitment and expands their footprint in a market increasingly recognised as a hotspot for digital payments in APAC. The digital financial services market in Indonesia is expected to be worth US$ 8. 6 billion by 2025. Kelvin Phua, Global Head of Payment Networks... --- Following rapid expansion spurred on by a global e-commerce boom, PPRO is announcing the appointment of newly created roles to its executive and leadership teams. Chief Commercial Officer, Claire Gates, and Senior Vice President of Banking and Payments Strategy, Tony Glasby, have joined PPRO just weeks after a second major investment announcement headlined by new investors JPMorgan Chase & Co. In addition to the newly created executive and leadership roles, PPRO will also be welcoming Jean Christian Mies to the executive team as the General Manager for Latin America. All three roles will be crucial in supporting the company’s market position as the most trusted provider of local payments infrastructure. As the former CEO of Paysafe Pay Later and the ‘Most Influential Women in Payments in 2019’, Claire brings unique payments expertise to PPRO. She has over 25 years of experience driving strategy for both large financial institutions and start-up disruptors. In her new role as Chief Commercial Officer for PPRO, Claire will lead the sales and marketing teams, push forward new commercial initiatives, and support building partnerships that further PPRO’s growth. In response to the rising global need for localised payments, PPRO has already expanded its team by 60% in 2020, with major hires including Chief People Officer, Christine von der Hardt, and Chief Information Security Officer, Katherine Garrod. As the latest woman to join PPRO’s executive team and a celebrated “Fintech Role Model,” Claire’s appointment also advances the company’s mission to drive greater diversity amongst its leadership. Joining... --- PPRO, the global provider of local payments infrastructure, has just released their direct integration to popular Benelux payment method Payconiq. The collaboration between the two esteemed payment companies will drive growth for thousands of global e-commerce merchants selling to consumers in Belgium, The Netherlands, and Luxembourg. While the integration with PPRO currently focuses on enabling e-commerce businesses to accept Payconiq, the Benelux payment method allows consumers to pay online and in-store directly from their bank account. According to the company, nearly 70% of all Belgian consumers and half of all Luxembourger consumers use their Payconiq mobile wallet to pay for everyday purchases. Used in over 160 million transactions across Benelux last year and growing at 60% year-over-year, Payconiq is one of the most popular payment methods in Europe. With a broad network covering 95% of all bank accounts in Benelux, the Payconiq integration now makes PPRO’s local payments offering in the region one of the most comprehensive in the industry. Globally, PPRO has established itself as the most trusted infrastructure provider in the cross-border payments space, powering international growth for payment service providers and platforms such as Mollie, PayPal, and Worldpay. PPRO’s infrastructure helps its customers get the best conversion rates in markets around the world by allowing online shoppers to pay with their preferred payment method. Jose Martinez-Benavente, Senior Manager of Payment Networks at PPRO, comments: “We are delighted to offer a direct integration to Payconiq – one of the most popular payment methods in one of the most... --- PPRO, a leading provider of local payments infrastructure, has announced new investments today from JPMorgan Chase & Co. and Eldridge. The latest investment is an extension of the US $180 million round from Eurazeo Growth, Sprints Capital, and Wellington Management announced just weeks ago. Leading payment companies rely on PPRO’s infrastructure to accept payments from consumers all over the world. Beyond offering access to a comprehensive payments portfolio, PPRO’s technology and value-added services help them deliver the industry’s best conversion rates to its global customers. “I’m delighted to welcome JPMorgan Chase and Eldridge to our world-class group of investors as we continue to strengthen and expand our local and alternative payment capabilities,” said Simon Black, CEO of PPRO. said Simon Black, CEO of PPRO. PPRO has experienced rapid growth in the wake of the e-commerce boom, doubling its transaction volumes and increasing its global team by over 60% in 2020. The company’s continued global expansion has led to the development of new strategic partnerships with local payment methods in high-growth markets from Indonesia to Italy. “Alternative payments adoption is increasing rapidly across the globe. We are proud to become a strategic investor in PPRO as they work on their next phase of growth,” said Sanjay Saraf, Managing Director, Global Head Integrated Payments Group at JPMorgan Chase. Financial Technology Partners acted as exclusive financial advisor and Noerr as legal advisor to PPRO in the transaction. More news Browse the latest in the world of payments --- PPRO – the leading provider of local payments infrastructure – has launched their integration of popular European mobile payment method Satispay and rounded out their coverage of the Italian market. The news comes just weeks after PPRO announced new funding and a milestone valuation of US $1 billion The integration of Satispay solidifies PPRO’s payments portfolio in Italy as one of the most comprehensive in the industry. Their full market offering includes direct integrations to popular local payment methods MyBank, Trustly, Sofort, Paysafecard, and SEPA. Such a robust selection enables PPRO’s customers – payment service providers, gateways, banks, and enterprises with payment platforms – to boost sales in one of Europe’s fastest-growing e-commerce markets. In the wake of the pandemic, e-commerce growth in Italy has shattered records. According to analysts – who project the country’s e-commerce revenue to exceed US $23 billion this year – there has never been a better time for global e-commerce businesses to set their sights on Italy. Satispay’s recent growth underscores the opportunity. Last year, the company doubled the number of online merchants in its network and recorded a 61% increase in the number of online transactions. Over half of all Italian e-commerce is cross-border; the top three shopping destinations for Italian consumers are China (35%), the UK (19%), and Germany (19%). The key to tapping into this lucrative market relies on creating a seamless payments experience that accounts for all the ways Italians prefer to pay. Satispay’s e-wallet is a relevant choice, as nearly... --- Brexit means that the EU’s cap on credit-card interchange fees no longer covers the UK – leaving credit card providers free to increase fees. EU-based merchants must now pass the fees on to consumers as higher prices Luckily, there’s an alternative on the rise: bank transfer apps in the UK like Pay by Bank app are more popular than ever. Download our latest report to discover: How bank transfer payments work and why Brits love themHow EU merchants can cut costs by half (or more! )Detailed info for Pay by Bank app More news Browse the latest in the world of payments --- New investment from Eurazeo Growth, Sprints Capital and Wellington Management after another year of hypergrowth for PPRO PPRO, the global provider of digital payments infrastructure, today announced over US $180 million in new investment. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the company raised US $50 million from Sprints Capital as well as Citi Ventures and HPE Growth. PPRO’s valuation is now over US $1 billion. PPRO has established itself as the most trusted infrastructure provider in the cross-border payments space, powering international growth for payment service providers and platforms such as Citi, Elavon, Mastercard Payment Gateway Services, Mollie, PayPal, and Worldpay. PPRO’s digital payments platform and expert services help its customers get the industry’s best conversion rates in markets around the world by allowing online shoppers to pay with their preferred payment method. PPRO’s valuation is underscored by its rapid growth last year. The company doubled its year-on-year transaction volumes in the fourth quarter of 2020, expanded its global team by 60% in the last twelve months, and developed new strategic partnerships with local payment methods in high-growth markets like Indonesia and Singapore. The funding will fuel PPRO’s continued global expansion and support the development of its innovative border-free payment technology and services. “I am very proud of what the PPRO team has accomplished,” said Simon Black, CEO of PPRO. “Beyond securing the support of such prestigious investors and achieving a milestone valuation, we’ve enabled our customers to grow at... --- Southeast Asia is home to the biggest and fastest-growinge-commerce markets in the world. There are over 250 million peopleshopping online in the markets covered by our new report. And they could all be your customers ... if you and your merchants offer the locally preferred payment methods. Inside our new report E-commerce growth accelerated by the pandemicThe 5 markets you need to enter nowPopular local payment methods More news Browse the latest in the world of payments --- APEXX Global (‘APEXX’), the leading global payments platform, has launched a partnership with local payments infrastructure provider PPRO driving cost savings and conversion rates for merchants globally. APEXX is a multi-award-winning global payments platform that combines acquirers, gateways, shopping carts and Alternative Payments Methods into a single API connection. It provides a partner-agnostic and fully integrated ‘one-stop solution’ for merchants, boosting basket conversions and transaction efficiency. PPRO’s technology and services reduce the complexity, cost, and time it takes to enter new markets, simultaneously driving conversion rates for global companies by optimising their payments offering. APEXX’s partnership with PPRO will work to combine volume, ultimately driving transaction efficiencies. Through this partnership with PPRO, APEXX will accelerate the delivery of local payment methods across international markets including APAC, EMEA and the Americas. This means that merchants will benefit from more frictionless transactions, with a higher volume of transactions supported. Through the sharing of industry expertise, the partnership will benefit merchants seeking a wide range of payments options, increasing transaction flexibility. Rodney Bain, Managing Director at APEXX Global, said: “APEXX was born from the need to address systemic ‘pain points’ in the merchant and consumer payments process, leading to higher costs and lower conversion rates. Our partnership with PPRO builds on our mission to drive cost efficiencies and provide merchants with the benefits of alternative and local payment methods, ultimately empowering both merchants and consumers to choose how they transact. ” Stefan Merz, Chief Operating Officer and Interim Chief Commercial Officer of PPRO,... --- While universities adapt to keep students healthy in a pandemic, higher education’s finance departments fight to keep revenue numbers healthy. As millions of students still attend universities across borders, accepting local payment methods from international students helps offset declines in revenue. A win-win: Offer students an easier way to pay. Cut processing costs in half. Accepting local payment methods – especially on high-dollar transactions like tuition – is more cost-effective than credit cards. Download the report to see: Which countries send the most students abroadWhat payment methods to offerHow much universities can saveOur case study featuring Alipay More news Browse the latest in the world of payments --- We are delighted to announce we have been awarded “Best Cross-Border Payments Service” at this year’s Payments Awards. Now in its eighth year, the Payments Awards recognise and celebrate companies which have demonstrated excellence and innovation in the payments space. This year, due to the ongoing pandemic, the group adopted a digital format and presented the awards online. While the ceremony and celebration looked different from past years, the honor remains the same and we are proud to have been selected. The Payments Awards jury – composed of experts from Lloyds, EY, Emerging Payments and other industry heavyweights – regarded PPRO as “a comprehensive platform which helps push up conversion rates and gives access to a wealth of different local payment methods. ” PPRO sends it’s biggest thanks to the Payments Awards organisers, jury, and – of course – the PPRO team that makes it possible to win such recognition. More news Browse the latest in the world of payments --- In June 2020, the European Data Protection Board (EDPB) issued a set of guidelines designed to clarify how entities operating according to the principles set out in PSD2 should deal with their obligations under the General Data Protection Regulation (GDPR). In principal, that’s a good thing. The clearer responsibilities and operating parameters are, the easier it is for everyone involved to serve customers and minimise risk. Unfortunately, in this case there is a significant gap between theory and practice. Many of the guidelines seem to be based on a fundamental misunderstanding of TPP business models and how they operate. Part of the reason this has happened is that third-party providers (TPPs) were not part of the consultation exercise the EDPB used to shape the new guidelines. From the bank’s perspective, the guidelines would also create significant issues, whereby many if not all payments could not be done anymore, neither with nor without the involvement of a TPP. That’s why, for the first time in their history, Europe’s banks and the European Third Party Providers Association (ETPPA) have joined forces to write a joint letter, addressed to the EDPB, asking it to restart the consultation process, including all relevant stakeholder and then to re-draft the guidelines. “As well as being co-signed by the ETPPA and all three European bank associations, the letter is also endorsed by the Electronic Money Association, the European Payment Institutions Federation and other relevant industry bodies,” said Ralf Ohlhausen, vice-chair of the ETPPA and Executive Advisor at... --- Buckaroo is a European payment services provider, focused on enabling thousands of online businesses to boost conversion with flexible check-out options. Since 2018, Buckaroo has leveraged the local payments platform and expertise of PPRO to expand its offering and drive global value for its clients. A 46% volume increase, driven by LPMs While cards are standard in the US and the UK, local payment methods such as bank transfers, e-wallets, cash-based payments and local cards, are the dominant ways to pay online around the world; they are used for more than 70% of all e-commerce transactions. One of the biggest trends Buckaroo saw from their merchant base were strong ambitions for international growth. Buckaroo, through its partnership with PPRO, fuels this international growth with local payment methods: A merchant on the Buckaroo platform saw a volume increase of 46% month over month between June and July 2020, with continued growth of 36% month over month through the end of August 2020. Download the full story to get all the details. More news Browse the latest in the world of payments --- New integrations accelerate market entry and boost conversion for businesses seeking success in Southeast Asia’s largest e-commerce market PPRO, the world’s leading local payments platform-as-a-service, has today announced its entrance into the Indonesian market. The new integration of popular Indonesian payment methods DOKU and OVO unlocks the simplest, most efficient access to Southeast Asia’s largest e-commerce market. This development marks a significant milestone in the company’s expansion across APAC and comes at a time when e-commerce and payment technology activity is heating up in Indonesia. According to a recent report, the country’s e-commerce market is set to grow 50 percent year-over-year in 2020, with many consumers using online shops for the first time this year due to the pandemic. PPRO’s strategic, high-quality integrations will enable their international payment customers and merchants to turbocharge their revenue from Indonesian consumers, as the combined reach of both DOKU and OVO is massive. They are each considered among the top e-wallet apps in Indonesia, where credit card penetration is less than 5 percent of the population. To support the diversity of payment preferences in Indonesia, PPRO’s integrations feature a total of four payment types: e-wallet, internet banking, bank transfers, and cash for consumers who prefer to pay at ATM and convenience stores. Kelvin Phua, Global Head of Payment Networks, PPRO comments: “Indonesia is a strategic market for our top-tier customers and their merchants, who are being pressed to globalise faster than ever in the wake of the pandemic. Indonesia is also one of the... --- 42% of Millennials and 35% of Generation Z feel confident using alternative payment methods, or have used them previously 81% of consumers agree security of their data and money is the most important aspect when choosing a payment method As the migration away from traditional payment methods in the UK accelerates, younger generations are leading the adoption of alternative payment methods (APMs) such as Klarna, reveals a new study from PPRO. According to the findings, 42% of Millennials (born between 1980-1993) and 35% of Generation Z (born between 1994-2001) feel confident using, or have used, these methods of payment before. In the UK, any payment method other than cash and credit or debit cards is viewed as an alternative payment method. However, across the globe, these forms of payment are considered local payment methods due to their broad adoption. In fact, there are over 450 significant local payment methods currently available worldwide, which account for more than 70% of global e-commerce transactions. Ongoing COVID-19 restrictions have seen a surge in e-commerce in recent months, with many consumers forced to shop online for everyday goods. As a result, UK consumers have been more inclined to try a range of digital payment methods to enable a convenient transaction experience. Currently, 89% of UK consumers are confident using PayPal or have used it in the past, whilst a further 31% express the same confidence / usage in using mobile wallets such as Apple Pay or Google Pay. This form of payment is particularly... --- PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the exponential opportunities for cross-border e-commerce amidst the COVID-19 pandemic. Due in part to a massive digital shift in e-commerce consumer behaviour, PPRO is now processing an annual run rate of USD 9bn in payment transaction volume. Following their ongoing success, the company announces today the closing of a USD 50 million financing round led by Sprints Capital with participation from existing investors Citi Ventures and HPE Growth. Financial Technology Partners acted as exclusive financial advisor and Noerr as legal advisor to PPRO in this transaction. PPRO will use the funds to scale the organisation and accelerate strategic growth plans for its global platform. PPRO has already grown the size of its team by 25% since the beginning of the year. The majority of these new hires are positioned to strengthen PPRO’s three product development centres in Germany, Singapore and Brazil; teams which are focused on delivering high-quality integrations to popular payment methods in key e-commerce markets across Europe, APAC and the Americas. PPRO partners with payment service providers (PSPs) around the world to serve millions of merchants, dramatically expanding their cross-border market opportunity. Through one contract and one API, PSPs and merchants can simply plug into PPRO’s powerful platform and switch on the ability to accept local payment methods in over 175 e-commerce markets. “We enable our partners to globalise their payments offering at a faster speed and with a... --- With the recent outbreak of COVID-19, the opportunity for merchants to sell across their borders has never been greater; it can be a solution to bridge revenue gaps and increase reach to an entirely new, global audience. Polish consumers are an excellent new audience to consider, as Poland is one of the EU’s most attractive, fastest-growing e-commerce markets. With the increasing popularity of e-commerce and an economy growing at a healthy 5% GDP (pre-COVID-19), it’s increasingly evident that Polish customers love to buy online: 82% of its 30 million internet users have bought products and services online. The latest data also shows that the number of Polish shoppers who buy across borders – looking for better prices or products unavailable in Poland – has been increasing year over year. Top shopping destinations for Polish consumers are China, Germany, and the UK; popular marketplaces include China’s AliExpress, German and Polish bilingual Amazon, Zalando and eBay. Poles prefer the ease and security of bank transfers When it comes to payment preferences, Poland is like many other Western European countries: Bank transfers are wildly popular. Indeed, half of all Polish e-commerce purchases are made with bank transfers, which is twice as many purchases made with card payments. To anyone who knows the European payments market, it isn’t a mystery why Poles prefer bank transfers. This increasingly popular payment method is user-friendly, quick and secure. Bank transfer payments offer transparency, allowing the consumer to see their balance in real-time before they press the “buy”... --- Today, PPRO, the leading local payments platform-as-a-service, announces that it has released a direct integration with Paysafecash, in a move that signifies the brand’s dominant position in Europe. The latest addition to the PPRO platform, Paysafecash, will be available for 24 markets including the Czech Republic, Greece, Hungary, Romania, and other markets where cash remains a preferred payment method. Payment service providers (PSPs) and their merchants who partner with PPRO can get easy access to consumers in over 175 e-commerce markets through just one API and one contract. By offering PSPs and merchants an integration to Paysafecash, PPRO makes online shopping possible for consumers who do not have credit cards nor bank accounts, and for those who do not want to disclose sensitive financial data at checkout. Shoppers using Paysafecash enjoy a simple, secure experience: they head to a merchant’s online checkout, where they can get a barcode and find a payment point to settle their transactions in cash. Paysafecash payment points include convenience stores, kiosks, petrol stations, and post offices. About 16% of people (over 120 million) across Western, Central, and Eastern Europe do not have a bank account – and that figure goes as high as 33% in Eastern Europe and the CIS. Despite the global crisis caused by COVID-19, cash usage is still an essential part of commerce for many regions, especially within Europe. Although highly banked at 94%, Spain has the second-highest population of employees who are paid in cash; Greece stands in first position and... --- Today, PPRO, the leading local payments platform-as-a-service, launches its 2020 Payment Almanac in partnership with Edgar, Dunn & Company. The product of thousands of hours of research, analysis, and insights from PPRO’s payments experts, the third edition of the almanac contains detailed information for more than 450 local payment methods and the latest e-commerce data from 60 countries around the world. In addition to updated figures, this edition reveals new data, including granular e-commerce growth rates and the top industries for cross-border shopping. While e-commerce goes more global, payments are increasingly local; like all aspects of culture, payment preferences vary widely from country-to-country. According to Edgar, Dunn & Company, there are hundreds of local payment methods that comprise over 75% of global e-commerce transactions. Each market has preferred payment methods which, if offered to customers, can result in improved sales and conversion rates for merchants. The PPRO Payment Almanac includes: A complete index of more than 450 local payment methodsE-commerce growth rates for 60 major markets around the worldCross-border shopping behaviour insights, including top industries and the countries that each market like to shop fromInternet and smartphone penetration ratesPayment method breakdowns by region and country “Navigating the complexities and nuances of different markets, consumer payment preferences, and local payment methods can be a major challenge for payment service providers and merchants. As the leading platform-as-a-service for local payments, PPRO provides not only the technology but also the expertise our customers need to be successful across borders. Our Payment Almanac contains... --- Japanese payment methods Konbini and Pay-easy join APAC giants on PPRO’s payments platform PPRO, the world’s leading local payments platform-as-a-service, has entered the Japanese e-commerce market. Two popular Japanese payment methods – Konbini and Pay-easy – join over 150 local payment methods on PPRO’s platform, a portfolio that already includes APAC heavyweights like Alipay, WeChat Pay, UnionPay, and GrabPay. The Japanese e-commerce market – boasting a healthy growth rate of 9% pre-COVID-19 – is showing potential for retailers and other merchants that will likely increase during and after the pandemic. Vastly popular local payment methods Konbini and Pay-easy will play a crucial role in boosting sales, helping global and domestic merchants access shoppers in the world’s third-largest e-commerce market. PPRO’s integrations with Konbini and Pay-easy offer many benefits for both merchants and consumers. With Konbini, consumers can shop online and pay cash in-store at over 50,000 convenience stores across the country, including 7-Eleven, Lawson, FamilyMart, Ministop, Circle K Sundus, and Seicomart. In a country where a whopping four out of five purchases are made with cash, PPRO’s integration will enable consumers who are unable or unwilling to use cards to pay for their online purchases at multiple locations across the country. Pay-easy also enables consumers to pay offline – with cash and cash cards at ATMs and post offices – or online using a bank transfer. For online bank transfer payments, Pay-easy has the most comprehensive network of banks in Japan with more than 300 banks, including all major brands.... --- 42% of US consumers stop a purchase if their favorite payment method isn’t availableOver half of US respondents agree they would stop a purchase if the checkout process is too complicated43% of US consumers avoid using merchants that require repeat entry of payment credentials Despite a growing focus on customer experience, online retailers are still falling short when it comes to the final stage of the online customer journey. Today, PPRO announces research findings that reveal over half of US respondents (58%) would stop a purchase if the checkout process is complicated. These findings highlight the increasing need for retailers to address consumers’ payment preferences. Millennials (those born 1980-1993) are the least tolerant of complicated checkout processes, with 53% agreeing they would be quick to abandon their purchases. And it’s not just complicated checkouts that are thwarting retailers’ chances of a successful sale. 42% of US consumers state they would stop a purchase if their favorite payment method wasn’t available. When asked about speed and convenience, 49% of Generation Z respondents (those born 1994-2001) agreed they would avoid using retailers that require entering payment credentials every time. Older generations show a higher tolerance, with only 30% of Baby Boomers (born 1946-1964) and 25% of the Silent Generation (born before 1946) expressing a preference to use merchants that offer one-click payments. While convenience is clearly essential to consumers; retailers also need to accommodate the growing consumer awareness of information security. In fact, 53% of shoppers view the security of their data... --- 44% of UK consumers stop a purchase if their favourite payment method isn’t availableOver half of UK respondents agree they would stop a purchase if the checkout process is too complicated37% of UK consumers avoid using merchants that require repeat entry of payment credentials Despite a growing focus on customer experience, online retailers are still falling short when it comes to the final stage of the online customer journey. Today, PPRO announces research findings that reveal over half of UK respondents (58%) would stop a purchase if the checkout process is complicated. These findings highlight the increasing need for retailers to address consumers’ payment preferences. Millennials (those born 1980-1993) are the least tolerant of complicated checkout processes, with 67% agreeing they would be quick to abandon their purchases. And it’s not just complicated checkouts that are scuppering retailers’ chances of a successful sale. 44% of UK consumers state they would stop a purchase if their favourite payment method wasn’t available. When asked about speed and convenience, 51% of Generation Z respondents (those born 1994-2001) agreed they would avoid using retailers that require entering payment credentials every time. Older generations show a higher tolerance, with only 30% of Baby Boomers (born 1946-1964) and 25% of the Silent Generation (born before 1946) expressing a preference to use merchants that offer one-click payments. While convenience is clearly essential to consumers; retailers also need to accommodate the growing consumer awareness of information security. In fact, 59% of shoppers view the security of their data... --- Leading local payments platform PPRO is pleased to announce it has become a direct acquirer for UnionPay International, the world’s largest card scheme in terms of card issuance. The relationship will provide PPRO’s payment service providers and their merchants in Europe the ability to accept e-commerce payment from the hundreds of millions of shoppers who use UnionPay as their preferred payment method. Opening up access to cross-border trade with the Chinese B2C e-commerce market, valued at $1 trillion, is a move that again signals the strategic importance of the APAC region to PPRO. With the addition of UnionPay, PPRO’s offering is now one of the most comprehensive offerings for PSPs and other merchant acquirers in the market; it covers acquiring, processing and funds collection all under one contract, one integration and one settlement. PPRO supports processing and settlement for UnionPay in 11 currencies. Customers benefit from faster on-boarding, transaction settlements and funds collection, refunds and improved conversion rates. PPRO will now be able to take full end-to-end management of UnionPay to market, offering better support and higher security. Jack Ehlers, Director of Product, Payment Networks, and Business Development at PPRO, commented: “The Chinese e-commerce market is growing at a rate of 19% a year on average, representing a huge opportunity for international merchants. With an average spend of $1,934. 72 a year per consumer, merchants can’t afford to ignore the Chinese e-commerce market any longer. " "Through PPRO’s new partnership with UnionPay International, it is now easier than ever for... --- Crosscard S. A. now under new ownership and positioned for high growth 20 December 2019, Luxembourg – Leading local payments platform PPRO has sold its former issuing business unit, now called Crosscard S. A. , to investors, in a transaction led by existing PPRO investor HPE Growth. Crosscard issues e-money accounts with integrated prepaid credit and debit Mastercard cards for consumers (under the brand name VIABUY) and businesses (under the brand names Crosscard and Fleetmoney). With a staff of 50 across Luxembourg and Munich, Crosscard is set for high growth, led by an experienced management team under the leadership of cards industry veteran, CEO Kevin Murphy. Crosscard is licensed by Luxembourg’s regulator CSSF. Crosscard was part of PPRO for seven years before both companies decided to separate and focus entirely on their respective business areas. Crosscard will bring their card issuing propositions to the next level by providing excellent customer experience for consumers and businesses across Europe. “This decision is a huge step forward for Crosscard, and we are pleased to be able to direct 100% of our efforts on our issuing business in the future,” says Kevin Murphy, CEO of Crosscard. “We are focused on delivering market-leading products for consumers and corporate customers throughout Europe. We are investing strongly in our business capabilities and teams, and we look forward to supporting our customers and growing our business in the years to come. ” “We are keen to support Crosscard and have great trust in the company’s management team. Overall,... --- Kelvin Phua named Global Head of Payment Networks, strengthening PPRO’s acquisition and management of APAC’s local payment methods Leading local payments platform PPRO appointed Kelvin Phua as its Global Head of Payment Networks, bolstering its Asia Pacific (APAC) leadership team as it further expands its operations in the region. With over 8 years in the payments industry, Kelvin will be responsible for accelerating the acquisitions and the management of local payment methods (LPMs) for PPRO, as well as identifying market opportunities for PPRO’s expansion and growth starting in Asia-Pacific. Previously the Country Manager of PayPal in Malaysia, Kelvin successfully implemented channel partner strategies, payment service providers (PSPs) partnerships to acquire and integrate new merchant businesses and led digital transformation projects for the enterprise customers and global marketplaces. “LPMs such as bank transfers, e-wallets, cash-based digital payments, and local cards are the dominant payment methods across the world. These are used in more than 70% of all consumer transactions globally, and hyper-localised payment methods will continue to dominate the Asia Pacific region,” said Kelvin Phua, Global Head of Payment Networks, PPRO. “As commerce continues to globalize and continues to develop a customer-centric approach to engage with the global consumers, it is increasingly critical that consumers are given the ability to choose the payment options that they trust and are familiar with. " "At PPRO, we provide an extensive range of LPMs for payment service providers (PSPs) through one contract, one platform, and one integration. ” Based in Singapore, Kelvin’s appointment marks... --- PPRO announces European-wide shopping rankings, with Hungary placing first in the region at 11% local growth Despite the news that the UK retail sector continues to struggle, European cross-border shopping figures show consumer confidence in purchasing goods and products internationally has grown. Figures from PPRO and Edgar Dunn & Company show a 90% growth in 2018 in this year’s annual Payment Almanac. Within Europe, Hungary came out on top with 11% growth from 2017 to 2018, among local consumers shopping cross-border. The country is closely followed by Denmark and Sweden which both boast a 9% growth year-on-year, while the UK continues to struggle to embrace cross-border shopping. However, Britain lags behind with just 6% growth. These findings reveal a number of unexpected markets rising to the forefront more than ever before, demonstrating increasing willingness from consumers to shop further afield to get the goods they desire, driving e-commerce growth across Europe. “The growth of consumers’ cross-border shopping across Europe shows that merchants and Payment Service Providers (PSPs) have placed a strong emphasis on personalizing the online shopping journey for each region,” said James Booth, VP, Head of Partnerships EMEA at PPRO. “While there are many aspects to this, it is crucial that local payment methods (LPMs) are provided at the payment page. This is a stage where many online merchants see the majority of their transactions abandoned, due to a poor mix of payment options that international consumers don’t recognize”, adds Booth. More news Browse the latest in the world... --- Polish consumers are now able to shop and pay at more places online direct from their mobile phone via BLIK, thanks to a partnership between PPRO, the leading global payments platform, and the Polish Payment Standard (PPS), operator of BLIK. International retailers wanting to close sales with Polish customers can also receive payment simply and securely via BLIK. PPRO is now a global direct processor and the first international partner for BLIK. This opens up acceptance for this popular local payment method across PPRO’s international acquirer and payment service provider network. The partnership comes at a time when commerce is becoming increasingly cross-border. Customers are looking outside their home markets for a wider selection of goods and lower prices. 20% of B2C e-commerce will be cross-border by 2022, estimates research firm Forrester . Yet while e-commerce is becoming more global, payment is becoming more local. BLIK transactions are made bank account to bank account via a mobile front-end. Twelve participating banks and financial institutions have integrated BLIK into their mobile banking apps, which covers more than 90% of Polish bank customers. The strength of the proposition and support for this payment method locally means that BLIK transactions have almost trebled year-on-year. “This co-operation is a milestone for us in publicising BLIK capabilities to online vendors internationally. The agreement with PPRO will enable many more acquirers to access this Polish payment method and extend it to their customers. " "Global payment operators have been showing increasing interest in BLIK for some... --- Citi’s Treasury and Trade Solutions (TTS) announced today that it is entering into additional partnerships to support the development of its forthcoming consumer payments offering for institutional clients — Spring by CitiSM. Citi will incorporate Global Payments’ card processing solutions and PPRO’s access to local payment methods within its holistic offering. The addition of these partners support Citi’s strategy of building a comprehensive consumer payments solution, integrated with its market leading transaction banking proposition. Announced earlier this year, Spring by Citi will enable digital commerce for clients by extending Citi’s significant presence and capabilities offered to institutional clients. Leveraging the Mastercard payment gateway, Spring by Citi will offer institutional merchants the ability to collect from a wide range of payment methods including cards, e-wallets and new and innovative bank transfers such as Request to Pay, Instant Payments and Open Banking. In turn, their customers will have access to a wide variety of payment methods of their choice. “These partnerships are core to our building an end-to-end offering of transaction banking services, centralized under a single relationship and supported by fintech partners that accelerate the delivery of innovative solutions. It is another significant step towards our goal of delivering Spring by Citi — a client-driven solution that will benefit both our clients and our clients’ customers,” said Manish Kohli, Global Head of Payments and Receivables, Treasury and Trade Solutions, Citi. Institutional merchants are looking for secure, simple, and reliable solutions that are functionally rich to build lasting relationships with consumers. They’re... --- Leading local payments platform PPRO has announced a partnership with GrabPay, an e-wallet developed by Grab, Southeast Asia’s leading superapp. The move is in line with PPRO’s business strategy to expand its offering across the APAC region and accelerate global coverage. PPRO will roll out GrabPay in two stages. The first will support GrabPay’s one-time payments solution for the Singapore market and the company’s recently launched check-out service, which allows online merchants to integrate GrabPay into e-commerce payment platforms. In the second phase, PPRO will support GrabPay’s tokenised payment option. Grab is present in 8 countries throughout Southeast Asia including Singapore, Malaysia, the Philippines, Thailand, Indonesia, Vietnam, Myanmar and Cambodia. PPRO’s Tristan Chiappini, VP, Head of Partnerships Asia, adds: “We are delighted to be partnering with GrabPay. Even today, only 27% of people in South East Asia are ‘banked’ – meaning there is currently a huge untapped market of consumers who would benefit greatly from this partnership. ” PPRO has an indirect sales model, marketing its products and services to payment service providers with vast, global merchant bases. Currently PPRO has integrations with around 130 PSP partners with approximately 40,000 merchants transacting daily on its platform. More news Browse the latest in the world of payments --- Leading e-payment specialist PPRO, has in association with Klarna, a leading global payments provider and fully licensed bank, today launched the first European Travel Guide. The research report reveals that one in five adults have cited a lack of flexible payment options as their biggest online travel shopping frustration. According to the report, more than a third of adults said they would be more likely to buy travel packages if companies offered the chance to pay in instalments, and that millennials(25-34 year olds) are the most frequent online travel shoppers – and are the most likely to shop flexibly in search of the best deal. In addition, airline and hotel purchases account for 15-25% of total e-commerce spend value across the 13 countries highlighted by the report. This ranges from one-lira or one-zloty-in-seven spent online in Turkey and Poland, to one-krone-in-four in Norway. This demonstrates just how perilous the situation is for travel companies – unless they react to people’s concerns and offer flexible payments, they could lose out to competitors who do. The report provides insights into e-commerce market sizing data, travel sector average transaction values, e-commerce payment splits, plus details of popular local payment methods (LPMs). All indicators show that the online travel sector is growing in importance and global reach, yet payment remains resolutely local. Klarna offers a range of payment methods preferred by customers in 16 different markets. The payment options empower consumers by giving them the freedom and flexibility to choose when and how they... --- New look and feel of brand re-emphasises the company’s investment in a localised payments approach, worldwide. PPRO, the cross-border e-payments specialist has rebranded, marking a shift in both the future of the company and the payments industry. The move comes on the heels of PPRO’s recent acquisition of Latin America payments leader allpago, signaling further investment in globalising the brand after recent expansions into the North-America and Asia-Pacific markets. The new PPRO is much more than just a new logo, a new website and a new design. The company has now shifted to a clear emphasis on the acquiring business only, added some new faces to the management team and has focused its local payment services to a global consumer base with offices in many markets around the world. E-commerce continues to see unprecedented growth and is globalising quickly. Companies must strive to make payments as personalised and seamless for consumers as possible, prompting the need to move away from a traditional channel perspective and towards a more consumer-centric model. This shift is the foundation for PPRO’s new messaging and outlook. A global leader in cross-border e-commerce, the new PPRO is making payments accessible to consumers all over the globe. Consumer payment preferences are unique from market to market as global credit card penetration is only 18%. This means taking a customised payments approach to reaching consumers in various global regions. “Our rebrand comes at a transformative time for both PPRO and our industry” said Stefan Merz, COO of PPRO.... --- Alternative payment methods now account for 51% of e-Commerce spend Travellers now choose to pay for digital travel with alternative methods more often than cards and cash combined, accounting for 51% of global travel e-Commerce spend. The way people shop and pay for travel is changing according to ‘The Travel Payments Guide’, a new report from ppro and Amadeus, charting the rise of alternative payment methods. The two companies have partnered to enable travel companies to accept high-growth alternative, local payments. The report shows alternative payment methods are most popular in Asia, accounting for 59% of the region’s spend closely followed by EMEA at 52%. In North America cards remain the most popular way to pay, representing 58% of all e-Commerce spend but that share is down from 62% just 12 months earlier. E-wallets and bank transfers have both edged up by 2 percentage points during the same period. Growth in alternative payments is fastest in LATAM, with alternative methods capturing an additional 22% share of the market in both Argentina and Chile. This growth was driven primarily by e-Wallets with Argentinians choosing to make 16% of all e-Commerce purchases with an e-wallet in 2017, compared to less than 1% in 2016. To report also marks a new partnership between ppro and Amadeus. The integration of ppro with Amadeus’ payment platform means travel companies can now easily accept the widest range of alternative, local payment methods such as real-time bank transfers, e-wallets and direct debit methods. Importantly, travel firms can... --- PPRO, the cross-border e-payments specialist, is today announcing the acquisition of Latin American payments provider allpago to create the world’s leading platform for local payments. allpago is the preeminent provider of payment and gateway services in Latin America covering 90% of the market. This expansion is a transformational step for PPRO to meet its ambition of globalising the company and build upon its recent expansion into Asia-Pacific and North America. The deal will see PPRO become a major influence in all markets globally and is adding a wealth of additional local payment methods (LPMs) to their payments offerings. By utilising allpago’s knowledge and technical integrations into LPMs, PPRO can add even more value to their customers: payment service providers and their merchants. This acquisition is part of a wider strategy that PPRO has adopted to become a truly global platform with direct integrations into all major local payment methods worldwide, and to meet customer needs around the clock wherever they are located. The combined business will have more than 200 people with unmatched expertise in local payments and in-depth experience in key markets around the world. Simon Black, CEO at PPRO, comments: “These are incredibly exciting times for everyone associated with PPRO and allpago. Given allpago’s proven track record of success, we are sure of a highly successful combination and we are delighted to join forces with such a fantastic team. This deal is very strategic and a real case of ‘1+1=3’. “We have seen an increasing demand for the... --- Embracing local payments to boost global commerce The last 12 months has seen the payment industry locked in fierce debate over regulations, such as the second Payment Service Directive (PSD2) and the best routes towards a cashless society. However, one key factor has remained constant. Merchants continue to overlook the need to offer local payment methods when targeting international e-commerce markets, making all efforts to drive brand awareness in new regions redundant if local consumers can’t pay the way they want to. Those who are interested in finding out more are invited to visit the PPRO construction booth “Build with PPRO” at Money 20/20, in Amsterdam from June 3nd to June 5th at stand #H60. This will give you the chance to learn about local payments worldwide, the payments landscape, and how PPRO not only reduces the “complexity of e-payments” but also offers some interesting value-added services to their partners. At the event, you will have the chance to meet the newly appointed PPRO management team and discuss the new PPRO strategy, the core beliefs and the reorganisation and focus areas for the company. In addition, PPRO’s CEO Simon Black will be taking part in a panel discussion on the changing payments value chain with Ron Kalifa from Worldpay, Melinda Roylett from Square and Sanjay Saraf from Yapstone, at the Commercial Galvanisation Stage, on Monday 3rd June at 11:30 am. This will certainly be a discussion not to be missed. PPRO will be kicking off the event with an evening... --- Cross-border payment specialists, PPRO, has announced,Robert Schwegler as the new Chief Technology Officer (CTO), as of 1 st May, to further strengthen the PPRO Management Team. Robert takes over from Andrew Weir, who has served as interim CTO since 1 st September 2018, and will focus on all aspects of the company’s technical development. His aim will be to drive the transformation of the company’s structures, software and processes from the European to the global level. Schwegler has many years of experience with diverse high-volume e-commerce systems across gaming/gambling, retail, telecommunications and travel. Prior to joining PPRO, he worked for Tipico, Zalando, bwin and Amadeus. Schwegler also served as chief architect at Deutsche Telekom, where he was responsible for product development and platforms, including the company’s payment products and the creation of a cloud infrastructure for telephony applications and IPTV. “I am greatly looking forward to my new challenge at PPRO and working alongside my new team to support and drive expansion efforts through suitable technology transformations and working practices. " "Our use of Kubernetes as a cloud runtime platform provides PPRO’s software developers with a stimulating work environment,” Schwegler explains. “The payments industry is an exciting growth market, and PPRO has carved out an extremely promising position, with plans to expand beyond the horizons of the European market. ” “It’s fantastic to have Robert join our team. His leadership and experience will be instrumental to scaling our company as we build local payments services worldwide to support our customers... --- PPRO, the leading global e-payments specialist, has partnered with HighRadius, a fintech enterprise software-as-a-service company, specialising in automating the order-to-cash and treasury management processes, to offer merchant clients a faster and easier way, and more options, to accept payments from their buyers. The integrated offering from HighRadius and PPRO allows for the discovery and support of local payments in key markets. By combining the HighRadius® Integrated Receivables platform with PPRO’s wide array of local payment methods (LPMs), clients receive a completely seamless experience that matches the growing diversity in payment preferences globally. “We are excited to partner with such an innovative company. HighRadius has developed a great range of B2B solutions and we are proud to be able to provide their merchants with local payment connections from around the world,” said Steve Villegas, vice president of partner management at PPRO. “Together we will offer a unique value proposition to a market that continues to grow and is looking for innovation from its business partners. ” The integrated solution simplifies B2B payments, while also making the process faster and more accurate. Launched throughout the European region, this partnership will broaden the number of payment options available to HighRadius clients, giving businesses access to various LPMs, including Entercash (AT, DE, FI, SE), Giropay, iDEAL, P24, Sofort, Trustly, SEPA, and Bancontact. These non-traditional local payment methods help facilitate the changing, global payment environment. HighRadius customers can now experience the simplicity, convenience, and choice of LPMs. “As a part of our global expansion and... --- The non-profit organisation has been established by the founding members PPRO, Bankin’, Eurobits, Klarna/Sofort, Trustly PPRO, with its co-founders, is pleased to announce the set-up of the European Third-Party Provider Association (ETPPA), a new entity that strengthens Third Party Providers’ (TPP) interests around the second Payment Services Directive (PSD2). The ETPPA formalises the existing Future of European Fintech (FoEF) coalition into an official non-profit TPP trade association. The FoEF was originally created to unite forces in requesting changes to the European Banking Authority’s (EBA) first draft of the PSD2 Regulatory Technical Standards (RTS) in February 2017, on the provisions governing strong customer authentication and secure communication between TPPs and banks, which was very much against the spirit of PSD2 and against the interests of Fintechs in general, jeopardising the business of TPPs in particular. Several FoEF members represented the TPP interest at the European Commission’s API Evaluation Group and FoEF was also recently invited to take the vacant Payment Initiation Service Provider (PISP) seat at the ERPB (Euro Retail Payments Board – a high-level body chaired by the European Central Bank, gathering the supply and demand sides of European retail payments) as a guest until a formal representation has been established. Ralf Ohlhausen, Business Development Director at PPRO commented: “We are delighted to strengthen our position with the launch of the ETPPA, and we encourage all TPPs and Fintechs with a significant interest in the PSD2 arena to join us, to bolster our efforts in supporting TPP interests vis-à-vis banks,... --- London, 10th April 2019 – PPRO, the cross-border payment specialist and one of Europe’s fastest-growing FinTech companies, is proud to announce the appointment of Dr Götz Möller as the company’s new Chief Financial Officer (CFO) for Acquisitions. Möller will be responsible for PPRO’s Legal & Compliance, Finance, Controlling, Tax, Business Intelligence, Treasury and Corporate Administration departments. His duties will also include driving the company’s international expansion strategy through both organic and inorganic growth, as well as internal process optimisation and regulatory compliance. “PPRO is, of course, familiar to me as a long-established player in the payment industry. I am delighted to become part of this innovative company and to play a part in driving PPRO’s ambitious future growth,” Möller comments. Möller brings a great deal of leadership and development experience to the PPRO table. He joins PPRO from BS PAYONE, where he served as CFO and was substantially involved in the successful conclusion of the Joint Venture between BS PAYONE and Ingenico. Prior to this, he held leadership positions at various other companies. These included 11 years as CFO of Equens (now equensWorldline) and its predecessor, where his responsibilities included overseeing the areas of Finance & Controlling, HR, Risk Management and Legal. Möller is experienced in working directly with payment regulators and has played a key role in many mergers, acquisitions and divestments worldwide. “We are delighted to have Götz Möller on board and we are confident that he will add tremendous value to PPRO,” says PPRO CEO Simon Black.... --- The Payment Almanac 2. 0 follows on from the successful launch of the original Payment Almanac, with updated figures on LPMs and the booming e-commerce market PPRO, the cross-border e-payment specialist, in collaboration with Edgar, Dunn and Company, is today announcing PPRO’s new and improved Payment Almanac 2. 0 is now available both online and in-print for PPRO’s customers and partners. The new and updated Almanac is the most complete guide to the complex and evolving world of local payment methods. Listing and contextualising 450 payment methods, the PPRO Payment Almanac 2. 0 is an invaluable document for PPRO partners and customers in need of insight into the global payment landscape to inform global strategies and extend international customer reach. Visa and Mastercard account for only about 25 percent of global e-commerce payments, which will fall to 15 percent by 2021, says a Worldpay study. Acquirers, PSPs and merchants must accept that unless they can localise payments, they will miss out on sales. PPRO Payment Almanac 2. 0 is the first step in organising and categorising the bewildering world of LPMs. Details on each LPM including the region where and how the LPM operates, making this an indispensable reference source for payment businesses looking to increase their e-commerce offering globally. The Almanac also identifies booming high growth e-commerce markets. For example, South Asia is an area with exceptional market growth, with 100% e-commerce growth in Malaysia, 50% in the Philippines, and 25% in Singapore. An online version of the PPRO... --- The new payment page enables a user-friendly single click option for consumers to select one of 12 current issuing banks 67% of consumers have abandoned an online retail transaction due to a poor payment process. To address this, PPRO, the cross-border e-payment specialist, continues to support its partners with consumer centric payment platforms. Today PPRO announces a new payment page for iDEAL that dominates Dutch ecommerce payments with a market share of over 56%. This enables our Payment Service Provider partners to equip their merchant customers with a simpler and more effective user experience to further improve payment conversation rates. The new payments page has been made significantly more user-friendly by allowing the consumer to select one of 12 current issuing banks available in just one click of a button. In addition, the new payment page incorporates a QR code, which allows the consumer to complete the transaction on their mobile phone and thereby reducing friction in the payments experience. Ronnie D´Arienzo at PPRO commented: “Merchants have a small window of opportunity to turn a one-time shopper into a loyal customer. Customer centricity and user experience remain key drivers for PPRO. " "As PPRO is one of only a handful of direct iDEAL acquirers, we strive to continuously optimise our payment offering to provide our partners with a best in class product experience to take to their merchant customers – international and local Dutch merchants – to confidently target Dutch consumers with a strong local payment platform. ” More news... --- London, UK, 19 February, 2019: PPRO, a cross-border e-payment specialist and one of the fastest growing fintech businesses in Europe, has today announced 48% growth for the Acquiring business in Retail e-commerce in 2018. The growth comes after a strong year for PPRO, who now works with 130 global Payment Service Providers (PSPs) to offer merchants access to 140+ local payment methods to bolster cross-border trade and expand their international customer base. PPRO’s successes in 2018 includes a $50 million USD investment round led by PayPal with participation from Citi Ventures and return investor HPE Growth Capital. Through this investment, PPRO has accelerated the expansion of its payment’s platform and international presence of its local, alternative payments acquiring business. With support from 103 staff working on Acquiring across eight global offices, PPRO works with its partners to assist over 100,000 boarded merchants to boost international cross-border commerce through its unique and diverse offering of Local Payment Methods (LPMs) covering acquiring, processing and funds collection, all under one contract and without becoming a competitor to PSP partners. The process of making a payment is one of the most important customer touch points, giving merchants, card issuers, and acquirers significant opportunity to shape customer perceptions, capture valuable data, and build loyalty. The relationships formed through these repeated interactions allow institutions to deepen their customer understanding, foster customer trust, and improve cross-border selling. Ronnie D´Arienzo, Member of the Executive team and Chief Revenue Officer at PPRO said: “The payments industry is rapidly evolving... --- PPRO Group, the global e-payment specialist, has partnered with Banking Circle, the financial utility for businesses that want to trade globally. Through this partnership, PPRO Group’s customer base of Payment Service Providers (PSPs) and Merchant Acquirers will be able to offer cross-border online merchants with real-time payment settlement via Banking Circle. This helps PPRO Group to not only simplify internal settlement processes, but to also receive and make payments faster and cheaper, due to access through Banking Circle’s accounts in multiple currencies and various local clearing methods in just one solution. Banking Circle provides financial services infrastructure, helping banks and FinTechs to provide their customers with fast and cost-effective banking and payment solutions, without having to make significant in-house systems investments. The partnership with PPRO underlines the effectiveness of Banking Circle as a next-generation provider of mission-critical infrastructure for online cross-border payments. Covering the entire value chain, from acquiring through to processing, local collection and reconciliation, PPRO Group offers all acquiring services for more than 140 international APMs across 175 countries. Under one contract, through one single integration and one platform; PPRO processes, collects, reconciles, consolidates and pays out all payments for PSPs’ and acquirers’ merchants while working strictly indirectly with its partners. PPRO Group is capitalising on the benefits of Banking Circle´s ‘real-time’ payments proposition for PSPs,” as Ronnie D’Arienzo, Chief Sales Officer, PPRO Group comments, “Banking Circle goes to the heart of our proposition. Being able to make real-time settlements to many of our PSP-clients means we can... --- Ronnie D’Arienzo, Chief Sales Officer at PPRO Group 1. The Mobile Take OverGeneration Z (those born between 1996 and 2010) are arguably having the biggest influence on societal trends today. For instance, most of those classed as Generation Y can remember the days of dial-up internet and landlines, as the World Wide Web wasn’t invented until 1990. This generation was born and lived at least a few years of their lives outside of the always-on, constantly connected, mobile-driven world that we know today. However, Generation Z has been born into the era of the internet and mobile devices, and don’t know life any other way. The oldest of this generation has now begun to enter employment and has the spending power which means their demands have quickly driven societal expectations with regards to how mobile technology should be recognised at virtually every consumer touch point – particularly within the retail and banking sectors. In fact, within the next four years, Gen Z will account for 40 percent of all consumers, and their expectations for fast, seamless and secure retail and banking experiences will be higher than ever. Without a doubt, having a mobile first solution will be even more critical in 2019 should both the physical and online retailers and banking institutions want to survive on the torturous British highstreets. WompMobile, in collaboration with Google, analysed their eCommerce clients and found that those which used Accelerated Mobile Pages (AMP) increased conversion rates by 105%, decreased bounce rates by 31% and... --- PPRO Group, cross-border payment specialist and one of Europe’s fastest-growing FinTech companies, is proud to announce the appointment of Stefan Merz as the new Chief Operating Officer (COO). Merz’s appointment to this newly created role adds another highly experienced expert to the company’s Executive Team. Since last week, Stefan Merz is now responsible for PPRO’s strategic operational and organisational expansion. He will also direct the implementation of the corporate strategy and ensure greater transparency and insight in all sectors of the company, thus creating additional favourable conditions for the company’s further growth. In doing so, he will work closely with PPRO Group’s CEO Simon Black and the company’s international offices. “I’m looking forward to this new challenge,” Merz comments. “PPRO Group is an exciting, innovative company with a great deal of potential for development. I plan to work side by side with the Executive Team to drive the expansion of the company and to take even greater advantage of strategic growth opportunities which arise for PPRO Group. ” During his many years of experience working for Siemens and HP Enterprises in the USA, Stefan Merz gained wide-ranging experience in implementing business transformations, both in the USA and internationally. Until recently, he served as Chief Strategy Officer for Diebold Nixdorf, where he managed significant acquisitions and divestitures. He also re-engineered the company’s Chinese business processes and developed a start-up approach to establishing new business sectors. His experience in the Asian region is another tremendous asset for PPRO Group, as the company... --- PPRO Group, the leading cross-border e-payment specialist has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO payment platform for UK merchants. With mobile commerce having become the most popular method of online mobile transactions, accounting for 52% of all online retail sales in 2017 alone, the partnership will put mobile banking at the centre of the consumer payment experience. The partnership will be marketed to PPRO’s and Mastercard’s individual customer bases of merchants, banks, Payment Service Providers (PSPs) and Acquirers across the UK, and will offer fast, easy and secure online payments via consumers’ preferred mobile banking apps. By choosing the method, merchants can offer consumers a convenient and secure payment process, removing the need to enter payment details, extra passwords or log in to different accounts before every purchase. In turn, consumers will be provided with more control and instant visibility of their finances. As a result, this maximises conversion rates for merchants, increases sales and reduces costs from fraud due to less charge backs and easier refunds. “While credit and debit cards are the most popular payment method in the UK currently, the method of direct bank transfer is becoming increasingly popular and growing in importance. " "We’re excited to work with Mastercard and expect the Pay by Bank app to drive the popularity of the method to address both consumer and merchant demands for secure and convenient payment methods for m-commerce. ” Ronnie D'Arienzo, Chief Sales Officer of PPRO Group... --- Nexi, one of Italy’s largest digital payments processors, today announces its partnership with PPRO, the cross-border e-payments specialist, to integrate Alipay and WeChat Pay into its e-commerce payment gateway XPay. The partnership will bolster Nexi’s position as a leader in payment processing for its Italian merchants. XPay virtual POS’s 18,000 Italian merchants are able to accept users of China’s leading payment methods. The integration is a key part of Nexi’s strategy, which aims to enable merchants to exploit the new business opportunities offered by e-commerce. E-commerce is experiencing strong growth in Italy: based on research from the Polytechnic University of Milan, the value of online purchases will hit 27 billion euros this year; an increase of over 3. 6 billion over 2017 (+15%). The value of Made in Italy exports, sold through e-commerce, alone is worth 3. 9 billion euro, about to 16% of the total market. “What is really exciting,” adds James Booth PPRO’s Vice President and Head of New Business (Payment Services), “is that by adding WeChat Pay and Alipay to Nexi’s portfolio, it means that 1. 4 billion more people can buy goods from Nexi’s merchants with the payment method that they want. Customers want to make purchases online with a payment method they are familiar with, otherwise, they’ll go elsewhere. We are happy to support Nexi with this step forward. ” “The agreement with PPRO follows those we have made with Amazon, Apple, Google, Klarna and PayPal. It is a further step forward by Nexi in... --- PPRO CEO Simon Black attended a very interesting EY Global Payments Investor Conference and took part in their payments fire challenge. The task was to answer 9 payments related questions in 60 seconds. Watch the video to see how well he did! More news Browse the latest in the world of payments --- ChinaPay, a Chinese financial services and payments provider, and PPRO Group, a cross-border e-payment specialist, announces today a partnership to bring over 15 European alternative payment methods (APMs) to ChinaPay’s Chinese merchants. The partnership will help to expand the merchants’ customer reach across Europe, with the possibility of adding additional APMs in the future. There is huge potential in China for cross-border e-commerce, both into and out of the country. In fact, recent research has found that in 2018, 74 million people are already shopping cross-border from China, compared to 41 million in 2016. Not only that, but Chinese merchants’ cross-border sales from outside of China have reached 8. 8 trillion RMB compared to 6. 3 trillion RMB in 2016, showing an appetite for Chinese goods from international customers. International e-commerce opportunities are currently out of reach for Chinese merchants because of the need to have a local presence in order to process local payment methods. Through this partnership and PPRO Group’s simple cross-border solution, Chinese merchants looking for international expansion outside of China will be able to leverage the revenue streams the European e-commerce market has to offer. ChinaPay will be able to provide its merchants with access to several established European payment methods, including eps, giropay, iDEAL, Qiwi and SafetyPay. Covering the entire value chain, from acquiring through to processing, local collection and reconciliation, PPRO Group offers all acquiring services for a multitude of international APMs across more than 100 countries. Under one contract, through one single integration... --- UK consumers are broadening their horizons when it comes to online shopping and increasingly looking further afield to purchase goods UK online retailers are facing tough competition as 70% of UK consumers now buy goods from overseas merchants, compared to 53% four years ago, according to research by PPRO Group, e-payment specialists. China (45%), USA (43%) and mainland Europe (34%) were highlighted as the most popular regions for UK consumers when shopping online. However, there are still hurdles when it comes to purchasing goods from overseas merchants, with 64% stating that the payment process stopped them from completing a transaction. Reasons cited were preferred options not being available (22%), complicated processes to make payments (16%) and lack of trust in the payment methods provided (9%). As a result, overseas retailers are missing out on revenue from potentially loyal consumers, as 75% would be more likely to buy goods if it became easier to use familiar payment methods. “Payment methods play a huge part in the online customer journey and all it takes is one bad experience in a first transaction with a new retailer and a potentially loyal customer is easily lost to a competitor. The first step to securing consumer confidence and driving sales as well as global business growth, is to understand the culture of payments. Not only must the website be designed with the customer journey in mind to make it easy to navigate, but if the customer reaches the checkout and their preferred payment isn’t available,... --- In partnership with Edgar, Dunn & Company (EDC), PPRO Group, a global cross-border e-payment specialist, today released exclusive data affirming that while the U. S. is a world leader in e-commerce, U. S. based merchants still lag behind other countries across the world when it comes to embracing cross-border e-commerce. With the U. S. remaining a global leading commercial nation, PPRO’s recent research also affirms why America has strong advantages in a global marketplace and how merchants can leverage them. Titled “Is U. S. e-commerce ready to take on the world? ”, the white paper reveals U. S. -based online merchants are far behind with taking advantage of global e-commerce growth because most are not offering enough or any local payment methods (LPMs, also known as Alternative Payment Methods or APMs) to international markets. LPMs, defined as those payment methods outside of traditional credit card brands such as Visa and Mastercard that facilitate the needs of different geographies, cultures and domestic economies. By 2021 only 15 percent of global online payments will be done by credit card, an indication that LPMs are rapidly becoming a primary means when paying for online goods beyond local borders. While a little over a third of American merchants sell across borders, PPRO’s recent findings confirm that this is comparatively low to other major markets around the world. Across European markets – including Germany, France and the UK – almost half of online merchants sell cross-border. The potential boost of the U. S. cross-border e-commerce... --- Secure Trading on-board 18 European Alternative Payment Methods Secure Trading, an international Payment Service Provider (PSP) and PPRO Group, a cross-border e-payment specialist, both headquartered in London, today announced a partnership to bring over 18 European alternative payment methods (APMs) to Secure Trading’s international merchant base. The partnership will help to expand merchants’ customer reach across Europe, with plans to add additional APMs from across Latin America in the future. There is a huge amount of potential for cross-border e-commerce merchants to attract European customers, both into and out of the region. Recent research has found that 70% of European online shoppers buy items from retailers outside their home country, while over half purchase goods from outside of Europe. The research showed that the main drivers for doing so are competitive prices, a broader selection of products and the specific desire for foreign brands. Conversion rates for a European-wide customer base are currently low for those that do not offer an appropriate mix of APMs preferred by the European market in general, but also each individual country. Through this partnership, and PPRO Group’s cross-border payments solutions, Secure Trading’s merchants looking to expand into Europe will be able to leverage the revenue streams within the European market. Secure Trading will be able to provide its merchants with access to established European payment methods, including Bancontact, giropay, SOFORT, iDEAL, MyBank and SafetyPay. Covering the entire value chain, from acquiring through to processing, local collection and reconciliation, PPRO Group offers all acquiring services... --- PPRO Group, a cross-border e-payment specialist, has formed a partnership with Credorax, a European merchant acquiring bank, to grow its Alternative Payment Methods (APMs) offerings across Europe. PPRO’s wide variety of APMs will now be extended to Credorax’s merchants and payment service providers (PSPs). The partnership between PPRO Group and Credorax will expand the highly active APM landscape in Europe. According to PPRO research, an equal percentage of Europeans make payments with e-wallets or bank transfers (21 percent each) compared to credit cards (42 percent). Further insights from PPRO also reveals that more than 50 percent of existing online transactions are made using APMs – sometimes even foreign to Western and global companies. “Offering consumers alternative payment methods have rapidly evolved from a ‘nice-to-have’ solution to an absolute expectation in today’s e-commerce environment,” said Nir Levy, Head of Product & Professional Services. “The partnership with PPRO further strengthens Credorax’s strong belief in arming our merchants with every tool they need to succeed with their consumers. Any APMs our merchants need, we are ensuring together with PPRO, they can seamlessly provide to their customers. ” “Businesses embracing alternative payment methods will retain customers and win new ones,” said James Booth, PPRO’s Vice President and Head of New Business. “Merchants who want to thrive need to accept APMs and the other popular methods of payment in their region. We look forward to offering merchants a larger variety of APMs through our partnership with Credorax. ” Credorax’s single integration acquiring platform offers a... --- Merchants continue to lose customers by failing to consider Alternative Payment Methods outside of credit and debit cards Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%. However, there have been some improvements in checkout processes; previously over half (57%) abandoned the payment process due to it being too complicated, four years later this has reduced to 21%. Yet, a quarter still abandon processes as the retailer doesn’t offer the option the pay the way they want to. Consumers increasingly expect a variety of payment methods to be made available when they shop online, in fact this demand is up 10% in the past four years to 90%. Yet 15% claim their expectations aren’t met and 77% stated they would not be happy to pay for goods online if they only accept payment methods they hadn’t heard of. The statistics demonstrate that retailers must align their checkout processes with customers preferred payment methods. For example, half of UK consumers state that PayPal (is their most popular method of online payment, while more unfamiliar methods, such as Direct Debit at 3% up from 0. 3% and e-wallets... --- İşbank, the biggest private bank and Payment Service Provider (PSP) in Turkey, expands its Alternative Payment Method (APM) offering with 5 additional APMs to broaden their Turkish merchant customers access to the global market. The new payment methods adopted include ELO and Boleto from Brazil, Verkkopanki (Finnish Online Banking) from Finland, WeChat Pay, a Chinese digital wallet, and SEPA Direct Debit, a method widely used in Europe. This brings İşbank’s portfolio to 18 alternative payment methods and the bank expands the geographic coverage that helps its merchants target new markets. PPRO Group provides access to global APMs. It covers the entire value chain under one contract and one platform, from acquiring through to processing, local collection and reconciliation across 175 countries. This offering enables İşbank’s merchants to confidently and securely integrate APMs into their online payment platforms and in turn, facilitate a global customer base. “İşbank’s payment gateway grants Turkish merchants access to global commerce thanks to our payment infrastructure which supports not only the card schemes but also 18 different APMs that are used in 46 countries,” says İşbank’s Deputy General Manager, Yalcin Sezen. PPRO Group’s CEO, Simon Black comments, “İşbank is paving the way for Turkish online merchants to boost profits in global markets, including China, Brazil, Finland and the single Euro payments area. No matter where merchants are based, they must be aware of the local payment preferences in different countries to meet customers’ needs and ultimately profit from cross-border trade. Customers want to use their preferred... --- PPRO Group, a UK-headquartered cross-border e-payment specialist, today announced a $50 million USD investment round led by PayPal with participation from Citi Ventures and return investor HPE Growth Capital. PPRO enables businesses to accept more than 140 alternative payments globally, partnering exclusively with leading payment service providers and financial institutions. Through this investment, PPRO plans to accelerate the expansion of its payments platform and international presence of its alternative payments acquiring business. “PPRO is a pioneer in providing value-added acquiring services for alternative payment methods and we are one of the fastest growing fintech businesses in Europe,” said Simon Black, CEO, PPRO Group. “Adding support from PayPal and Citi Ventures alongside our existing investors will make it possible to bring the benefits of alternative payment method acceptance to even more businesses around the world. ” Credit cards are used for payment in less than 20 percent of worldwide e-commerce transactions. In many markets consumers instead choose locally preferred alternative payment methods such as bank transfers, e-wallets, and cash-based payments. For online merchants, offering the right mix of payment options is critical as it leads to higher conversion rates for cross-border transactions. PPRO continues to be uniquely positioned as an independent partner for PSPs, processing and collecting alternative payments through a single contract without competing for merchants. “A merchant’s choice of payments partner is increasingly being driven by the ever-expanding range of locally relevant payment methods available,” said Arnold Goldberg, vice president of merchant product and technology, PayPal. “PayPal is pleased... --- PPRO Group, a cross-border e-payment specialist, today announced it will enable online marketplace payments provider YapStone to offer Alternative Payment Methods (APMs) also referred to as Local Payment Methods (LPMs). The move will expand YapStone’s global e-commerce reach across the travel, vacation rental and new online marketplaces and software partnerships. YapStone’s customers will now be able to access dozens of APMs from around the world, including iDEALand SOFORT, allowing its merchants’ customers to transact seamlessly and securely through their preferred payment options. As part of this partnership, PPRO provides APMs for cross-border e-commerce and YapStone facilitates the processing, collection and settlement for the merchants. According to eMarketer, global e-commerce increased by 25 percent last year to more than $2. 3 trillion. An uptick in global online spending has brought increased interest in APMs. PPRO’s research affirms that alternative payment methods are the preferred option of making online purchases in many countries. In various markets across the globe, 50 percent of online transactions involve APMs. “Empowering customers to transact online using APMs is vital to global marketplaces,” says Bruce Dragt, EVP of Product at YapStone. “We are proud to deliver best-in-class payment solutions to our customers, through this partnership with PPRO, as we welcome this new era in which specific consumer groups demand APMs as the payment method of choice. ” “Businesses that sell cross-border reported nearly double sales revenues compared to those that do not,” says Steve Villegas, PPRO’s Vice President of Partner Management. “In order for merchants to succeed... --- E-commerce and payment during the Football World Cup It’s finally time – today, the opening match of the FIFA World Cup 2018 will kick off. Sports fans are likely to stream more than 15 million hours of digital content, write 700 million tweets and post more than 3 billion World Cup Facebook posts over the four-week period, providing immense e-commerce potential. During the last World Cup, traders spent $1. 5 billion on thematic advertising and marketing. In 2018, a worldwide increase in the e-commerce market of 14 percent compared to the previous year has been predicted. To support merchants as they prepare, the PPRO Group has published a new report summarising the most important information on the payment preferences of the 32 participating countries. To enable online merchants to optimise their e-commerce strategy to successfully target the various nations participating in the World Cup, the report includes an overview of the preferred payment methods, the latest economic achievements, short-term prospects as well as insights into the e-commerce environment of the participating nations. To maximise on the potential sales opportunities the world over and to profit from the high interest generated around the World Cup online merchants need to tailor their activities, offers and promotional content according to the respective preferences of the users in each market. From market to market, local preferences in purchase categories, payment types, delivery methods can differ widely. Simply porting an e-commerce model from one market even to its neighbour can significantly reduce conversion rates. Online... --- PPRO Group reveals only 7% of enterprises are successfully selling to other EU markets online Figures have shown that the Netherlands (23%), Hungary (21%), and the Czech Republic (21%) are some of the fastest growing e-commerce markets in terms of percentage growth. The findings also showed that mature markets such as Portugal, France and Germany have also seen high growth in e-commerce payments at 16%, while the UK e-commerce market grew by 15%. But only 7% of EU businesses sell cross-border within the union, according to Eurostat, despite the benefits offered by the single market, and despite the fact that 33% of EU online shoppers have bought something from an online merchant from another European country. These findings suggest that although there has been growth, a large amount of e-commerce opportunities are still being missed. The payment specialists PPRO Group, is urging merchants that are not currently selling cross-border to stop missing opportunities to surpass competition and gain the attention of a wider market space. With a population of over 500 million, Europe is one of the world’s largest economies and a highly lucrative e-commerce market. The growing acceptance and uptake of SEPA bank transfers and direct debits, along with the increasing sophistication of cross-border payments infrastructure, has made it easier than ever for merchants to expand into other countries within the European Single Market. Along with the advent of open banking, this is expected to promote the growth of single payments and the e-commerce market for the European Union.... --- Mastering Local Payments to Simplify Global E-Commerce The globalisation of e-commerce has everything to do with mastering international and regional payment methods. Understanding local markets and preferences helps organisations to better meet expectations of consumers from around the world and deliver consumers payment methods of choice. Those who are interested in finding out more are invited to “relax with PPRO” at Money 20/20, in Amsterdam from June 4th to June 6th, at a beach bar (stand #F41) and learn about alternative payment methods, international pay-out solutions and how PPRO reduces “complexity of e-payments”. PPRO Group’s CEO Simon Black will be taking the stage in track room 6, on Monday 4th June at 11:25am, to host the Money 20/20 Payments Millionaire, where key industry experts will be tested on their global e-commerce knowledge, with the chance to win 2020 Euros for a charity of their choice. This will certainly be an event not to be missed! PPRO Group will also be hosting a Money 20/20 warm-up networking event, with AEVI and HPE, ahead of the event on Sunday 3rd June. Industry professionals are invited, by invitation only, to join an exclusive evening of food, speak with other industry experts making waves in the payments industry and more importantly, enjoy Dutch Mojitos at The Beach House on Strand-Zuid. To book an appointment with PPRO Group at Money 20/20 please visit: https://www. ppro. com/#event. More news Browse the latest in the world of payments --- Elavon, a global payments provider and PPRO Group, a cross-border e-payment specialist, today announced a partnership to offer international alternative payment methods (APMs) to Elavon’s customers across Europe to expand their global reach. The partnership with PPRO strengthens Elavon’s existing European acquiring proposition, allowing its customers’ shoppers to choose their preferred local payment method when shopping online including direct debit, bank transfers, cash-based e-payments, and e-wallets. Elavon provides a single integration and customer service experience for both domestic and international payments processing. Elavon’s customers will now be able to add more than 50 preferred local and international payment methods to ensure they get the best transaction conversion rates. Boston Consulting Group estimates that by 2025, annual global cross-border eCommerce revenues could increase to between $250 billion and $350 billion—up from about $80 billion in 2014. PPRO Group’s recent research, conducted in cooperation with Edgar, Dunn and Company, reveals that in many markets 50 percent or more of existing online transactions use local payment methods, sometimes even unfamiliar to Western and global companies. In the UK, for example, consumers are very card centric with cards accounting for 52 percent of all eCommerce transactions in 2017, but this isn’t the case for e-commerce markets overseas. In Germany, card payments only account for 12 percent of eCommerce payments with 51 percent of consumers preferring bank transfers, whereas in China 49 percent of eCommerce payments are via e-wallets. Hannah Fitzsimons, General Manager for Elavon Europe comments: “Global cross-border eCommerce revenues are increasing rapidly, and... --- PPRO Group, the cross-border e-payment specialists, have become a direct acquirer for Bancontact, the leading Belgian electronic payment scheme. The relationship will provide merchant aggregators worldwide with an efficient method to allow their merchants accepting payments from a potential 15 million Bancontact card users, across online and mobile platforms, thus boosting cross-border sales out of Belgium. PPRO Group’s Bancontact offer will be one of the most comprehensive in the market, covering acquiring, processing and funds collection, all out of one hand. Therefore, customers will reap the benefits of faster boarding, faster transactions and money collection, faster refunds and – most importantly – improved conversion rates. PPRO Group will now be able to take full end-to-end management over Bancontact payments, minimising the cost per transaction and offering better support and higher security. “For our customers, this means that their integration with us is now the best way of offering Bancontact, short of becoming an acquirer themselves. This will allow their merchants to take full advantage of the lucrative Belgian market by allowing consumers to pay with their preferred payment method – something we all understand as being key to successful international e-commerce. PPRO Group is now in a unique position being the only company acquiring both Bancontact and iDEAL. ” said Ralf Ohlhausen, Business Development Director of the PPRO Group. “Partnering with PPRO Group provides our 15 million Bancontact customers with the peace of mind that comes with secure and easy online payments while enjoying the greater variety of products from... --- With innovative technologies continuing to transform the entire customer buying journey, the in-store shopping experience this Christmas is likely to be entirely different to that in 10 years’ time. From the moment customers enter the store and select gifts for loved ones, through to the checkout process and getting goods home – there’s no touch point that will be left unchanged or even find itself redundant in years to come. The Christmas customer experience of 2027 will start before a customer even steps foot in a store. Retailers will be able to provide shoppers with data-driven benefits and send personalised offers to customers directly, based on historic transactional data, to entice both existing and new customers instore. Once a customer steps in store, Christmas shopping will become a more enjoyable experience. Goodbye to cumbersome baskets and trolleys, and maybe even handbags, as physical wallets make way for mobile payments and a plastic-free society. Gone will be the days of cluttered shop floors, as shops move to a showroom layout and remove clothing rails and shelves stacked with goods. Individual ‘show products’ will be on display and customers able to try on garments via virtual reality mirrors, scheduling delivery straight to their front door. While some may be saddened by this prospect, this could turn to joy when they don’t have to queue to pay for their goods. Invisible payments via smart phones will happen behind the scenes, taking away payment pains. The prospect of a digitally-led shopping experience for Christmas... --- The Future of European Fintech Alliance, consisting of 72 European fintechs, challenger banks and fintech associations has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication and secure communication under PSD2 adopted by the European Commission. The text constitutes a workable compromise between the interests of the incumbent banking industry on the one hand and European fintechs on the other hand. When the European legislator in 2013 decided to revise the Payment Services Directive, it was in order to take into account new types of payment and account information services that had brought innovation, competition and consumer choice into the European payments and financial market. Those payment and account information services were previously unregulated, however with an exceptional security record, and many have been on the market for more than 10 years. In February 2017, EBA published final draft RTS that would have severely hampered Europe’s successful and growing Fintech industry. By giving banks full technological control over Fintech businesses, enabling them to ring-fence consumers’ data, it would have inevitably resulted in the very opposite of the political intentions behind PSD2. Only the introduction of the so-called “fallback solution”, a contingency measure in case of failure of a bank-controlled dedicated interface, in May 2017 by the European Commission, reduced the risk of fintechs being solely dependent on bank’s goodwill. The Future of European Fintech Alliance has always advocated a fair regulation of bank-independent PIS and AIS under PSD2. For us, this includes as a key component... --- ---