GlobalCollect, the world's premier payment service provider of local e-payments, has opened a fourth regional office to service the Latin American market
AMSTERDAM -- (BUSINESS WIRE) --
Next to its European headquarters serving the EMEA region and offices in North America and the Asia Pacific region, GlobalCollect has recently established a presence in Buenos Aires to service the Latin American region. This latest strategic move underscores GlobalCollect's belief in the significance of regional outposts with local employees who know the intricacies of their markets, speak the respective languages, and can consult on cultural payment preferences.
Latin America is expected to boast compound annual growth rates of 40 per cent over the coming years and an e-commerce turnover of $30 billion in 2010. According to the World Bank, only 30% of Latin American adults have a bank account (as opposed to 91% in the US), showing how crucial offering alternative payment methods - especially cash - is for e-commerce merchants to succeed in this market. With an unrivalled portfolio of local and alternative payment methods, its single interface platform WebCollect being able to process transactions in Spanish and Portuguese and contracts with local acquirers such as Barcode Santander in Chile, Pago Fácil in Argentina, and Boleto Bancário in Brazil in place, GlobalCollect is extremely well positioned to service this market.
Jan Manten, CEO of GlobalCollect, said: "We are very proud to spread our service portfolio and commercial footprint to accommodate an increased focus by merchants to develop their e-commerce business in this fast growing region. This latest expansion is further testimony to GlobalCollect's success story. "
About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com
CONTACT:
Contact GlobalCollect LatAm
Shane Happach
VP Business Development Latin America
tel: +54 (9) 11 5699 7113
e-mail: shane.happach@globalcollectlatam.com
or
Contact PR GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
tel: +31-(0)23 567 1500
e-mail: bettina.duske@globalcollect.com