Allied Wallet is integrating several new payment options, including iDeal, Daopay and Rapipago, to extend its payment processing to increase its revenue by an anticipated $2 billion annually.
The global, online payment processor enables transactions in 196 countries, accepting 164 currencies.
As a world traveler, I've met many people all over the globe who didn't even know that the products they want already exist somewhere else, said Andy Khawaja, CEO of Allied Wallet, in an Oct. 6 press release. Regardless of the region, I want to connect these people. If someone wants to buy your product or solution, they should be able towhether they live next door or across an ocean.
IDeal is a popular payment option in the Netherlands, for customers that bank with European banks such as ING, ASN Bank and Knab.
Specializing in secure phone payments, Daopay processes millions of transactions for mobile applications, online games and social networks. The payment method is open to two billion people in more than 60 countries.
And Rapipago, formed by Citibank, HSBC and Banco Santander Rio SA, is a payment option for paying taxes, utility bills and other private services in Argentina.
