FRANKFURT, Germany--(BUSINESS WIRE)--Allied Wallet, a globally leading provider of online payment processing offering various payment solutions in 196 countries all over the world, has seen large-scale, trending growth in e-commerce transactions and a spike in new merchants by accepting alternative payment methods in Germany.
Germany has a well-developed e-commerce environment that shows exponential growth within the region and much of this is due to the ability that merchants have to accept more forms of payments on mobile-optimized websites.
81% of Germans are frequent online shoppers and the average German spends about 25.2 hours online per month. Surprisingly, credit cards only account for about 21% of the transactions in their e-commerce market.
Allied Wallet is one of few payment service providers that can accept many alternative payment methods across the e-commerce landscape.
“We’ve been able to offer our merchants payment methods like Klarna, Sofort Uberweisung, Paysafecard, SEPA, and GiroPay to name just a few,” says Dr. Andy Khawaja (CEO of Allied Wallet), “…on top of that, we accept all major global card brands and bank transfers.”
In a country that had an e-commerce market of about $62 billion in 2016, it’s important to offer this buyer-rich landscape their choice in payment methods.
“There’s not much that we cannot do, and this was our goal – to connect buyers and sellers in as many ways as possible,” said Dr. Khawaja.
The German e-commerce market is expected to surpass $82 billion by 2018, Allied Wallet claims to have the best solution offering for merchants that wish to capitalize on this growing market.
About Allied Wallet:
Allied Wallet continues to revolutionize the e-commerce industry by introducing new and innovative payment processing solutions for online merchants, enabling them to send and receive global payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions. Please visit www.alliedwallet.com/.