APEXX Global, the multi-award-winning global payments
APEXX Global, the multi-award-winning global payments platform, announced its selection by ESW to be a primary processor of U.S. and Canadian Transactions. ESW, a multi-billion dollar global direct-to-consumer (DTC) eCommerce giant empowers the world’s most beloved brands and retailers to make international shopping safer, simpler and faster, end-to-end.
Latest Fintech News: LexisNexis Risk Solutions Acquires Property Insurtech Flyreel
Under this partnership, APEXX will help ESW grow its business by providing a robust, scalable platform that reduces unnecessary costs and optimizes the acceptance of merchant transactions. Their technology will enable ESW to access APEXX’s entire payment ecosystem via a single, trusted, and scalable platform.
ESW’s roster of clients includes many of the world’s most recognizable luxury, apparel, beauty and personal care brands. The company’s success across large and enterprise clients is achieved through fast, capital light ecommerce solution implementation across 200 markets in areas such as localized checkouts, logistics, payments, omnichannel, apps, and unique hybrid fulfillment models.
Already a leader in European markets, APEXX offers unparalleled global connections and coverage with over 120 integration partners and multiple enterprise clients, including ASOS, XE.com, Swoon, AirSeychelles, and many more. APEXX Global currently operates across more than 70 countries saving users an average of 15% on processing costs.
This partnership comes on the heels of ESW announcing its plans to acquire Scalefast, an eCommerce-as-a-service provider based in the U.S. The recently announced deal is expected to further expand ESW’s capabilities with turnkey localized stores, digital ‘pop up’ stores and faster ramp-up time for retailers and brands to get their entire DTC channel built out.
Latest Fintech News: Tech Data Launches B2B eCommerce Platform PEER CONNEXIONS
To assist ESW in the U.S. and Canada, APEXX will utilize intelligent routing and optimization capabilities to reduce complexity while increasing acceptance rates and reducing costs, ultimately improving the entire purchasing experience.
This agreement represents an extension of what has already been a successful relationship between the two companies. The two first started working together when ESW signed APEXX to process payments through Russia’s national MIR payment system. The relationship expanded from there into other European markets and now continues with today’s deal.
APEXX’s Co-Founder and Managing Director, Rodney Bain, commented on the partnership: “We are excited to announce a new partnership with one of the most recognized and forward-thinking eCommerce brands globally. ESW selecting APEXX reaffirms the value we bring as a best-in-class, international payments optimization solution. I’m very much looking forward to getting started and helping add efficiency to ESW’s sales operations.”
ESW’s VP of Payments, Jason Macklin commented:
“We all know that part of your success as an eCommerce business is reducing friction at the point of sale. I’m excited and looking forward to finding greater efficiencies across our payments infrastructure with APEXX, to provide our customers with the most localized, seamless shopping experience possible.”
Latest Fintech News: The ROIG Group Announces Expansion of Payments Practice
[To share your insights with us, please write to sghosh@martechseries.com]
