Rapyd launches card acquiring in Europe

Wednesday 16 September 2020 11:30 CET | News

UK-based fintech Rapyd has announced an expansion of its European platform, adding end-to-end card acquiring capabilities to its payments capabilities. 

Rapyd now offers full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and support for local alternative payment methods (APM’s) in over 100 countries, all accessible from a single platform and managed from one contract reconciliation process. 

This also gives merchants the ability to extend their existing point-of-sale (POS) systems to deliver an integrated omni-channel commerce experience as business models change and consumer shopping preferences evolve. 

Speaking about the launch of pan-European card acceptance capabilities Rapyd representatives stated that, for the loss of in-store business, merchants need to quickly expand into global markets to pursue cross-border sales opportunities, significantly improve conversion rates and reduce cart abandonment. Rapyd solves the complexity of payments and is able to eliminate the number of payment providers merchants must work with as they implement global expansion plans.

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Keywords: Rapyd, Europe, expansion, end-to-end card acquiring capabilities, merchants, ecommerce, online payments, payments orchestration, payment provider, POS terminal, card acceptance
Categories: Payments & Commerce
Countries: Europe
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Payments & Commerce

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