Europe: Sofort enters agreement with Allied Wallet for payment solutions

Friday 13 June 2014 10:36 CET | News

Sofort, a German payment systems provider, has joined forces with Allied Wallet, a global provider of online payment processing.

As per the agreement, Sofort and Allied Wallet will offer products for distributors and e-wallet users in Europe.

Sofort Banking works like an automated payment in advance made via an ordinary bank transfer. The system supports traditional payment methods and prepayments. Currently, Sofort Banking is offered by almost 25 000 online shops in 10 countries (Poland, Germany, Austria, Switzerland, Belgium, France, the Netherlands, the UK, Italy and Spain) and is handling over 3 million of transactions per month.

Allied Wallet is active in the ecommerce industry by introducing payment processing solutions for online merchants, enabling them to send and receive global payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a payment gateway to optimize online transactions.

In recent news, Allied Wallet has been granted the rights to issue MasterCard and Maestro cards in various regions of Europe, reports.

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Keywords: Europe, Sofort, Allied Wallet, payment solutions, online payments
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce