Solidgate and Airwallex to give merchants local acquiring as they expand into new markets globally
70 pts · High·Finextra Payments·1d ago · Sep 23, 14:39 UTC·1 min read·reported by 2 sources
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Solidgate and Airwallex have announced a partnership aimed at providing local acquiring services to merchants as they enter new global markets. This collaboration is designed to enhance payment processing efficiency and support international growth for businesses.
Key takeaways
- ▸The partnership focuses on enabling local acquiring for merchants.
- ▸Both companies aim to enhance payment processing capabilities for businesses expanding internationally.
- ▸This move supports merchants in navigating different market regulations and payment preferences.
Why this matters
By providing local acquiring, Solidgate and Airwallex position themselves as key players in the competitive landscape of global payment processing, allowing merchants to optimize transaction costs and improve customer experience. This integration can lead to broader market access for merchants while potentially increasing transaction volumes for both firms.
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