We are excited to share that it’s now easier than ever before for businesses to expand globally and manage their payment infrastructure.
Working with Global Payments, a leading worldwide provider of payment technology and software solutions, to combine its market-leading domestic acquiring capabilities with MultiPay’s own abilities, means even more organisations are now able to enjoy access to our all-in-one agnostics payment solution and couture customer service.
International expansion is an inevitability for many companies that have built a large and successful business in their home markets. For example, European retail businesses with ambitions to grow often look to enter the US market. With US retail revenue predicted to reach $563.4 billion by 2025, this is an exciting opportunity to increase revenues in new markets and build on the success they have already established.
A new one-stop shop for going global
Thanks to Global Payments’ industry-leading reach of domestic acquiring licenses that covers 59 markets, new and existing MultiPay customers can now seamlessly begin accepting payments domestically in any country where Global Payments has a domestic acquiring license, which can help boost authorisation rates and lower transaction costs.
Global Payments will offer one agreement and one central point of contact for MultiPay customers. Unlike with other card processors and acquirers where globally-minded companies have to establish different contracts in local regions with variable rates, start dates and terms and conditions, Global Payments offer a single solution. With Global Payments, everything a business needs to grow and expand its business is centralised. This includes contracts, rates and account management – all in one place.
Plus, with in-depth local support and expertise, businesses with global aspirations can benefit from a wide range of capabilities from the partnership with Global Payments that make international expansion easier. This includes acceptance of local payments, higher authorisation rates and lower cross-border costs.
“Going global is an expensive process that requires an enterprise to invest heavily in time and resources. This can be particularly challenging when it comes to payments. Accepting payments in a new country often requires building an entirely new payment infrastructure from scratch and then connecting it to pre-existing systems. Global Payments makes it easier than ever before for our new and existing customers to start accepting payments in a country or region, as everything is managed through the same acquirer and payment system,” says David Maisey, CEO at MultiPay Global Solutions.
We’ve got you covered for the future with a single payment gateway
As new alternative payment methods become readily available and appeal to consumers, companies can also future proof their payments infrastructure through enhanced support with Global Payments.
As for MultiPay, our PCI P2PE & PCI DSS L1 validated solution creates a single payment gateway that covers all currencies, payment methods and regions. Once in place, our seamless technology makes it easy to enter new markets, as well as accept new and alternative payment methods, as businesses can simply connect in-store and on-line payment terminals to the MultiPay system and begin accepting transactions.
Delia Pedersoli, COO at MultiPay Global Solutions, commented: “2021 has been an incredible 12 months already for MultiPay. Officially launching in March, it is a testament to our team’s hard work and dedication that we have now partnered with payment industry leaders Global Payments and can support businesses the world over with their global expansion plans. Given our shared customer-centric approach and drive for innovation, Global Payments are the perfect partner for us as we embark on the next step of our journey.”
If you would like to find out more about how MultiPay and Global Payments can support your business in reaching its ambitions for international expansion by making payments simple, please get in touch – we’d love to talk.