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January 13, 2014

Allied Wallet reaches more than 100m users worldwide

Allied Wallet, a global provider of online card payments, has reported over 100m users worldwide for their payment solutions after a spike in holiday sales.

By Angelo Boccato

Allied Wallet, a global provider of online card payments, has reported over 100m users worldwide for their payment solutions after a spike in holiday sales.

 

Allied Wallet’s merchants saw an average increase of nearly 30% in sales, demonstrating the customers’ preference for online shopping during the busy holiday shopping period.

 

Andy Khawaja, Allied Wallet CEO said: "We’re glad to see that our consumers are using our eWallet solution to protect their payments."

 

He added: "We’ve heard of other payment processors being penetrated and information getting compromised.

 

"But with Allied Wallet, we protect customers from fraud and our eWallet solution keeps their sensitive information private."

 

According to the National Retail Federation, 49.9% of shoppers made purchases online as part of their holiday shopping – the highest percentage ever recorded by the institute in its 11 year history.

 

Khawaja expressed his satisfaction for reaching over 100m eWallet members with Allied Wallet payment solutions.

 

He also said: "Together we will work towards eliminating e-commerce fraud completely."

 

 

Related articles:

Allied Wallet becomes a Visa Acquirer and Principal Member

Predictions and priorities for 2014 from the industry’s top experts

US contactless cards growth to accelerate with EMV adoption – Juniper Research

 

 

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