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 lucrative e-commerce markets in Europe. We’re also really proud of the close collaboration between our two teams; the close-to-the-metal nature of our integration enables us to deliver the best technical performance and conversion rates in the market.”
Guido Vermeent, CEO of Payconiq International, said: “PPRO is an e-commerce champion in Europe and a strategic partner for us, and we’re delighted to be working with them. PPRO is a global provider who specialises in local solutions, and we are one of the first payment companies in Europe to develop multi-country payment solutions with local customisations. Partnering up with a like-minded global payment provider like PPRO is a logical step for our growth.”