Shoplazza merchants may now take use of money collection procedures and other FinTech services thanks to a partnership between Canadian global eCommerce platform Shoplazza and Singapore’s PayerMax.
According to a press release, with this partnership, the software-as-a-service (SaaS) eCommerce platform of Shoplazza will combine PayerMax’s collection, distribution, and unified fund management solutions.
These technologies will let retailers get payments from unbanked clients in developing regions, get around legal restrictions, and manage market risk.
The partnership between PayerMax and Shoplazza, according to a press release, “will assist global merchants and resolve the challenges of providing multi-payment gateways while still offering customers flexible payment methods.” This will be accomplished through global cross-border payment collection, multi-account management, fund management, and other compliant and dependable solutions.
PayerMax’s payment solutions enable 350 payment methods, 40 currencies, and 50 countries, including those in Southeast Asia, the Middle East, Latin America, and Europe, according to the press release.
According to a press release, 360,000 merchants using Shoplazza’s platform are able to create direct-to-consumer (DTC) brands and B2B and B2C eCommerce enterprises, and they are able to reach clients in 150 regions.
This collaboration will enable Shoplazza merchants and their customers to have a simple, quick, and secure payment experience while also giving them the assistance they require in the tumultuous world of international trading.