Citcon and Bold Commerce open up over 150 digital wallets for retailers and DTC brands
By Edlyn Cardoza
Citcon Inc., the leading mobile wallet payment provider, enabling global commerce at scale, recently announced it has completed the integration of its unified payments API into the Bold Commerce headless checkout experience. The combined Citcon and Bold Commerce solution will enable leading retailers and DTC brands to accept and process more than 150 payment methods, including popular digital wallets, local payment schemes, and credit cards preferred by overseas customers through one integration.
According to the Bold Commerce Checkout Benchmark report, more than half (53%) of shoppers who proceed to checkout abandon the process before completing their purchase. In the booming Asia Pacific e-commerce market, carts are often abandoned during checkout when customers can’t utilise their preferred local payment method. Prioritising the checkout experience, which includes providing easy access to preferred payment methods, can dramatically decrease cart abandonment issues, driving greater revenues and improved customer experience.
The Citcon full-stack payments solution encompasses payment processing and gateway services, as well as reporting and fund settlement, all through a single API integration. Integrating this capability into the Bold Commerce checkout platform enables merchants eager to serve overseas markets from Asia Pacific to Latin America and domestic consumers who use these payment methods to accept and process transactions seamlessly and securely.
“Ecommerce is, by definition, a global marketplace,” said Wei Jiang/President & COO of Citcon. “By making it easy for businesses to accept the digital wallets and payment schemes preferred by consumers in countries like China, South Korea, Singapore, Indonesia and Latin America, we enable any business to operate as a global business and reach these previously untapped markets.”
“As brands and retailers seek to expand their businesses into new markets, our integration with Citcon will allow them to extend Bold Checkout capabilities internationally, with expanded payment options across channels,” said Yvan Boisjoli, Co-founder and CEO of Bold Commerce. “Bold Commerce and Citcon recognise that when retailers offer shoppers their preferred payment options and a seamless checkout experience, they see increased conversion rates as a result.”
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