The news means that PXP Financial can manage a GooglePay integration, in both web and native applications, as well as securely process transactions by decrypting the payment data and authorising with the acquirer directly.
Google Pay is a widely used mobile payment application with over 150 million users globally. It enables quick and secure transactions on websites, in apps, and at physical stores using cards stored in users' Google accounts. The platform is a popular choice, serving as the secure payment gateway for around 800,000 websites. Notably, according to the press release, Google Pay accounts for approximately 20% of all mobile purchases, emphasising its significant impact on digital transactions.
Commenting on the announcement executives from PXP Financial said that now, consumers expect to buy what they want, when they want, how they want. PXP helps its customers keep up with the ever-evolving changes and trends in the market, and demand from end-users. They are happy to be able to add GooglePay to the range of online and in-store payment solutions they can support to help merchants increase sales, reduce friction, and grow customer loyalty by aligning with how people want to buy.
PXP Financial provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse global acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7 billion annually through its unified gateway, supporting business growth for its clients.
In October 2023, PXP Financial has expanded its partnership with UK-based cybersecurity company Foregenix to offer advanced ecommerce cybersecurity monitoring and protection services to PXP Financial's ecommerce clients.
Foregenix, specialising in cybersecurity, digital forensics, and PCI compliance, has been PXP Financial's PCI auditor for almost 15 years. The collaboration aims to proactively enhance cybersecurity for ecommerce clients across various sectors by leveraging Foregenix's technology. The also partnership reflects a shared commitment to making cyberspace safer amidst rising cyber threats.
PXP Financial provides a single unified payments platform to accept payments online, on mobile, and at the point of sale. Powered by in-house acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7 billion annually through its unified gateway. PXP Financial’s innovative end-to-end payment platform will support business growth with all the payment services one will need from one source.
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