Under the terms of the agreement, Vindicia’s merchants in the digital goods sector will gain the opportunity to obtain billing and subscription services, combined with GlobalCollect’s range of payment methods via its single-interface platform WebCollect.
“Vindicia’s key objective is to support online merchants across multiple business models, from subscriptions to micro transactions, and they handle over 250,000 international transactions daily for some of the largest merchants in the digital world. GlobalCollect’s key objective is to offer access to a portfolio of payment methods in over 200 countries to help its clients reach previously inaccessible target groups by catering to locally preferred payment choices”, according to Koen Vanpraet, CCO of GlobalCollect.
GlobalCollects online payment platform offers a portfolio of local payment methods for 170 currencies. Serving online, mail and telephone order businesses in various industries, the company also offers technical connections to local payment processors, which include bank account network management, matching, reporting, and fund remittance solutions; invoice management, card fraud prevention, bank account validation, and direct debit fraud tools.
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