LONDON, Oct. 2 /PRNewswire/ -- APAX Global Payment and Technologies Ltd.,
(APAX) is expanding its business operations into the Asian Market, mainly
focused in Vietnam and China. After having an office in Hong Kong for several
years, APAX has opened an office two weeks ago in Hanoi Vietnam to facilitate
the huge demand for its credit card and electronic payment products in that
region. The Hanoi office offers card processing related services for local
merchants accepting POS transactions as well as online card processing for
merchants from the entire region. Within its first two weeks of operation
APAX has been able to successfully launch its products with a local branch of
a well known international hotel chain and a local airline. The Hanoi office
will also be hosting the customer support center for the APAX group, employing
up to 150 people.
APAX CEO Peter Arnold states: "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. Using the global network of acquiring banks that APAX has to over,
merchants will benefit from much lower rates for their card processing. The
savings will initiate a higher willingness of merchants to offer payment by
credit or debit card to their customers."
APAX Global Payment & Technologies AG is one of the leading international
providers of electronic payment and risk management solutions. APAX is
dedicated to serving cardholders and their merchants by facilitating payment
anywhere and anytime. Worldwide, we support processing for more than 100,000
cardholders and their merchants from various industries a day. APAX provides
accounts and credit card services both for business and private customers.
For further information, please contact
http://www.e-apax.com
This press release was issued through 24-7PressRelease.com. For further
information, visit
http://www.24-7pressrelease.com
SOURCE APAX Global Payment and Technologies
CONTACT: Kristen Johnson of APAX Global Payments & Technology, 011 44 207 612 4991, fax, 011 44 207 927 3375,
Kristen.johnson@e-apax.com
