PPRO GROUP AT MONEY 20/20: INTRODUCING A WORLD OF ALTERNATIVE PAYMENT METHODS

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Finance

Posted By Gbaf News

Posted on October 7, 2015

PPRO GROUP AT MONEY 20/20: INTRODUCING A WORLD OF ALTERNATIVE PAYMENT METHODS

PPRO Group, the cross-border e-payment specialist, will be exhibiting at this year’s Money 20/20 in Las Vegas from 25-28 October, the largest global event focussed on payments and financial services innovation.

Covering the entire value chain from acquiring through issuing to processing, PPRO will be demonstrating to payment service providers (PSPs) and financial institutions the importance of alternative payment methods for cross border e-commerce. Its CEO, Simon Black, will also be taking to the stage together with industry peers as a speaker on the subject of “Global E-Commerce Acquiring”.

Visitors to PPRO (Sands Convention Center, booth 1430) will learn more about how its services take the complexity out of e-payments for PSPs and leads to the expansion of their merchants’ e-commerce reach, higher conversion rates and hassle-free collection. PPRO offers all acquiring services for a multitude of international alternative payment methods across more than 100 countries. Under one contract, through one single integration and one platform, PPRO processes, collects, reconciles, consolidates and pays out all payments for PSPs’ merchants.

Simon Black, CEO of PPRO Group says: “When it comes to paying online, credit cards have quickly become the method of choice in the US and the UK. But it’s not enough just to offer credit card payments for international customers around the world. In mainland Europe, Latin America and Asia, the credit card is nowhere near as popular an online payment method as it is in the US. 41% of transactions in Europe are made without using plastic however, credit card usage varies widely between European countries – in the UK it’s 78%, in Poland a mere 9%.”

“Online payments is best seen as a development that is at the mercy of cultural, political and economic influences in every country, and those in the e-commerce industry wanting to hit the international stage must be clued-up on each target market and armed with the preferred alternative payment methods to achieve success.”

Simon Black will be speaking at the “Global E-Commerce Acquiring” session on Wednesday, October 28 from 4:00pm – 4:50pm in room Murano, Venetian Level 3.

To make an appointment with PPRO at Money 20/20 please visit: https://www.ppro.com/money2020/

For more information on Money 20/20 please visit: www.money2020.com

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