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PPRO and Inpay partner on international bank transfers for merchants

PPRO and Inpay partner on international bank transfers for merchants

The PPRO Group, has partnered with Inpay, the FCA & FINMA regulated bank payments company, to offer global bank transfers from February 2015.

Through the PPRO Group, Inpay will enable merchants to send and receive local funds in

A map of the world with a network effect over it

PPRO and Inpay partner to deliver smarter and faster international bank transfers for merchants

more than 45 countries, with the rest of the world covered by Inpay’s SWIFT membership.

Inpay’s solutions will be offered alongside a vast range of alternative and conventional electronic payment options including iDEAL, SEPA Direct Debit and SOFORT Banking in a market forecasted to make up to 20% of total European payments by 2020, according to a report in 2014 from yStats.com[1].

“In Europe we have seen demand for alternative payment methods increase as the Internet has enabled shopping without borders,” explains Ralf Ohlhausen, Chief Strategy Officer, The PPRO Group.

“Our partnership with Inpay offers simple, secure and fast online bank payments across the globe where consumers can pay using their normal online bank account. This very broad reach will help online stores across Europe grow their international customer base.”

[1] http://ystats.com/en/press/release.php?id=258

The post PPRO and Inpay partner on international bank transfers for merchants appeared first on Payments Cards & Mobile.

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