PPRO gets access to cross-border trade with the Chinese B2C e-commerce market, valued at $1 trillion
UK payment platform enters into agreement with UnionPay. Source: shutterstock.com
PPRO announced to have become a direct acquirer for UnionPay International. It enables PPRO’s payment service providers and their European merchants to accept e-commerce payment from the shoppers using UnionPay.
As to PPRO’s benefits, it covers acquiring, processing and funds collection all under one contract, one integration, and one settlement. What is more, it supports processing and settlement for UnionPay in 11 currencies.
Customers get faster on-boarding, transaction settlements, and funds collection. In addition to that, they benefit from refunds and improved conversion rates.
From now on, PPRO will be able to take full end-to-end management of UnionPay to market, providing better support and higher security.
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