Apax Global Payment and Technologies, a provider of electronic payment and risk management solutions, has announced that it is expanding its business operations into the Asian market, mainly focused on Vietnam and China.
Apax has opened an office in Hanoi Vietnam to facilitate the demand for its credit card and electronic payment products in that region.The Hanoi office offers card processing related services for local merchants accepting point-of-sales transactions as well as online card processing for merchants from the entire region.Peter Arnold, CEO of Apax, said: "Apax sees a great potential for doing business in the Asian market. Bringing the use of credit cards to the region will create not only a boost in e-commerce but will also create a larger interest for tourists visiting the region and having the comfort of using their credit cards more often accepted by local stores, restaurants and hotels."
