Rapyd launches card acquiring services in the European market

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FinTech Rapyd today announced an expansion of its European platform, by adding end-to-end card acquiring capabilities to its payment offerings. Rapyd now offers full-stack payment acceptance capabilities in Europe, including card acceptance through Mastercard and Visa and support for local Alternative Payment Methods (APM’s) across 100 countries.

Rapyd recently launched full-stack payment capabilities in several of the world’s largest consumer markets, including the United Kingdom, India, Brazil, Mexico and Singapore. The FinTech allows ecommerce businesses, marketplaces, technology platforms and others to offer comprehensive and configurable payment capabilities based on the ways consumers like to pay locally.

Sarel Tal, Rapyd Vice President and General Manager for Europe, Middle East, and Africa, noted, “European merchants are at a crossroads and need to fully embrace digital commerce to thrive as consumer shopping, and payment preferences are changing rapidly. Compensating for the loss of in-store business, merchants need to quickly expand into global markets to pursue cross-border sales opportunities, significantly improve conversion rates and reduce cart abandonment. Rapyd solves the complexity of payments and can even eliminate the number of payment providers merchants must work with as they implement global expansion plans.”

Recently, Rapyd announced the launch of its single, “Full-stack” payment solution in the UK to allow businesses to access primary local payment methods through one integrated connection.