Wallet One, an international payment system, has launched a payment aggregator for e-commerce merchants and service providers, W1 Checkout, in South Africa.
The payment aggregator will provide a country-adapted interface, allowing local e-commerce merchants and service providers to offer their customers increased choice of electronic and cash payment methods with immediate, safe and secure processing.
W1 Checkout will enable merchants to service customers, manage their online business and monitor sales and figures, customize flexible payment rates and withdrawal instructions to suit their business requirements through a single web interface.
Wallet One South Africa CEO Alan Bird said: "Combined with the e-wallet, W1 Checkout enables merchants to reach new customers including the unbanked and under banked to shop online without a bank account or credit card.
"Further our merchants will gain renewed customer loyalty through exclusive rewards programs."
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By GlobalData