IXOPAY Partners with PayPal
Vienna, 5th September 2024: IXOPAY has announced the integration and certification of the new PayPal Complete Payments Platform within its leading payment orchestration platform. PayPal’s Complete Payment Platform allows businesses to accept multiple payment methods, make payouts and handle foreign exchange for global currencies. IXOPAY’s clients will thus be able to tap into PayPal’s global customer base by offering customers the option to pay with PayPal and PayPal Pay Later*1 at checkout.
Many consumers abandon their purchase if their preferred payment method is unavailable. With over 400 million active PayPal accounts and well over 20 billion transactions per year, offering PayPal at checkout is crucial to meeting customer expectations and driving the success of online merchants. Available in approximately 200 markets and supporting over 130 currencies, PayPal is a global solution recognized by consumers around the world.
PayPal’s Complete Payment Platform introduces new features and payment options. This includes PayPal Pay Later, a BNPL payment method available in 7 international markets². Another feature, in-context checkout, allows consumers to complete their purchase in just a couple of clicks without leaving the merchant’s website. In addition to faster checkouts, PayPal’s Complete Payment Platform offers additional features that empower merchants, such as risk analysis with AI-powered fraud detection.
By partnering with PayPal, IXOPAY provides merchants with an easy means of adding one of the world’s most instantly recognizable digital payment methods to their checkout. IXOPAY’s Payment Orchestration Platform connects to over 200 payment service providers that offer hundreds of global and regional payment methods, all integrated via a single API. Simplifying the process of integrating new payment providers and payment methods helps merchants meet the expectations of consumers worldwide by offering local and regional payment options at checkout. Many well-known international clients already use the IXOPAY Payment Platform to optimize their payment processes, and these merchants can now be onboarded by PayPal with little integration overheads on the parts of the merchants.
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1 PayPal Pay Later eligibility and availability is subject to merchant status, sector and integration. Pay Later is currently available in the following countries: USA, UK, Germany, France, Italy, Spain, Australia. Consumer eligibility is subject to status and approval. Product features differ by market. Further information: https://developer.paypal.com/docs/checkout/pay-later/gb/
2 PayPal Pay Later eligibility and availability is subject to merchant status, sector and integration. Consumer eligibility is subject to status and approval. Product features differ by market. See relevant product terms for more details. PayPal Pay Later cross-border messaging is subject to approval by PayPal.