Cafe24 expands global payment services by introducing Paymentwall on its platformPress release
Integrates Paymentwall, a company with 4 billion platform users
Offers over 200 global payment methods, responds to inquiries through 24 intl. offices worldwide
Expected to help online merchants actively expand into global e-commerce markets
Cafe24 integrates global payment service provider Paymentwall to further support online merchants’ global expansion.
Global e-commerce platform Cafe24 announced on August 17 that it will be introducing Paymentwall – a company that offers various localized payment services fit for each country – on its platform. Online merchants can now easily integrate payment systems that international consumers frequently use.
Paymentwall offers over 200 global payment methods and has approximately 4 billion users that utilized its platform. The company provides payment systems considered highly reliable in each country to merchants, including Visa and American Express in the US, FasterPay and SEPA Bank Transfers in Europe, and WeChat Pay and Alipay in China. Paymentwall also supports various payment methods that allow local customers to conveniently make payments, including credit cards, e-wallets, cash payments, prepayments, and bank transfers.
In addition, Paymentwall has 24 global offices, including North America, Europe, Africa, Asia, and the Middle East and the latest in Latin America. This allows the company to be available 24 hours a day for inquiries in local languages so online merchants’ difficulties with international payments can be quickly and accurately resolved.
With this integration, online merchants will be able to provide a payment environment with high purchase convenience to consumers worldwide. This will help merchants more easily enter and settle into the global markets.
“The increase in various global payment services is expected to further activate online merchants’ global e-commerce expansion,” said Lee Jaesuk, CEO of Cafe24. “For localization, the key to global expansion success, we will continue to cooperate with companies with high reliability in each country and further advance our platform.”
Meanwhile, Cafe24 is cooperating with global payment companies such as PayPal US, SoftBank Japan, and Paymentwall to increase localized payment methods for online merchants’ seamless global expansion.
Cafe24 is a global success platform that provides a one-stop business environment for e-commerce merchants so that they can achieve continued growth by focusing on their creativity.
Cafe24 has established an e-commerce ecosystem with Direct-to-Consumer (DTC) merchants and various global partners in areas like payment, shipping, and marketing. Cafe24 is poised for growth as more DTC brands and e-commerce participants continue to join the burgeoning industry.