Computop and ESW have announced that they have extended their strategic partnership in several key global markets. Building on its nine-year relationship with Computop in the UK, ESW will now also use its Paygate payment platform for local acquiring within the U.S., Canada, and Australia, with expansion into future markets already planned.
The move reflects growth in the global eCommerce market, with sales expected to exceed US$5 trillion worldwide in 2022, and predicted to continue to grow over the next few years. To support this ongoing growth, the need for a streamlined, secure payments process that includes consumers’ preferred payment methods is critical to drive conversions and reduce abandonments for all eCommerce operations.
ESW and Computop provide a seamless online payments experience for ESW’s brand and retailer clients, processing cross-border transactions for ESW globally including the UK, U.S., Canada, and Australia. With this extended partnership, Computop’s Paygate platform will now also process ESW’s payments domestically in North America and Australia, including all major credit cards and key digital payment methods (DPMs) used in these countries.
Computop Paygate facilitates payments with maximum security, enabling connections to more than 350 payment methods and acquirers domestically and globally. With Paygate’s connections to many acquirers, brands like ESW have the flexibility to provide their customers with what’s needed for consumer payments in each geography, and the domestic acquiring offered translates into lower costs and increased conversion rates for merchants. Computop Paygate is a single platform that can be easily and cost-effectively used for both national and cross-border transactions, making it well-suited for ESW’s growing global and domestic needs as it provides a comprehensive, end-to-end shopping solution for brands and retailers worldwide.
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