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Degica launches new global payment solutions on its KOMOJU platform

By Leandra Monteiro

March 10, 2022

  • Alipay
  • Asia
  • Cross Border Payments
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DegicaDegica has launched a suite of 20 new payment solutions on its flagship KOMOJU payments platform, enabling its merchant client base to tap into Europe and Asia’s large e-commerce markets.

“We are delighted to announce what is a major expansion of our product range,” said Keanu Van Hees, Director of Product, Degica. “With this release, we are enabling merchants outside of Europe to tap into the continent’s customer base by offering a comprehensive range of payment options that provide trust and convenience to consumers, while businesses around the world, including ones in Europe, can now ensure customers in China, Indonesia, Singapore, Malaysia, Australia, and the Philippines are similarly able to use local and familiar payment options to buy their goods and services.”

New solutions added to KOMOJU include China’s Alipay, which accounts for over 55% of mainland China’s digital wallet market share, WeChat Pay, which accounts for 38%, and UnionPay, the largest card network in the world, with more than 7 billion cards issued in China alone.

In Europe, solutions added include iDEAL, the Netherlands’ leading payment option, which holds around a 60% share of the Dutch e-commerce payments market. Elsewhere, the platform also adds prominent solutions such as Germany’s Giropay, which is used by around 54% of the country’s adult population, the BLIK bank transfer solution, which accounts for 53% of all payments in Poland, and Paysafecard’s prepaid voucher / code-based solution, which is issued by 660,000 points of sale across 50 European countries.

“Our mission is to create an even playing field for international business, and that starts with simplifying cross-border e-commerce for merchants worldwide,” said Jack Momose, CEO, Degica. “Our first step, back in 2014, was to help the Steam platform enter the Japanese market by offering the country’s most trusted payment method. Since then, we have worked hard to open up the same service to all merchants selling to customers in Japan and South Korea. Today, however, marks the biggest expansion yet, plugging in a comprehensive range of European and Asian payment methods to our KOMOJU platform and establishing our credentials as a global player.”

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