PXP Financial integrates Google Pay to boost conversion rates, increase customer data protection and maximise global reach
January 31, 2024 - PXP Financial, the experts in global acquiring, payment, fraud and data analysis services, today announces it has become a Google Pay Payment Service Provider (PSP). The move means PXP Financial can manage a Google Pay integration, in both web and native applications, as well as securely process transactions by decrypting the payment data and authorizing with acquirer directly.
Google Pay is a fast, simple way to pay on sites, in apps, and in stores using the cards saved to the users’ Google account. It boasts more than 150 million users worldwide and allows people to perform transactions without cash, making spending easy.
Commenting on the announcement, Kamran Hedjri, Group CEO for PXP Financial, said: “Today, consumers expect to buy what they want, when they want, how they want. PXP helps its customers keep up with the ever-evolving changes and trends in the market, and demand from end-users. We are delighted to be able to add Google Pay to the range of online and in-store payment solutions we can support to help merchants increase sales, reduce friction, and grow customer loyalty by aligning with how people want to buy.”
PXP Financial initially engaged with Google in April 2023 and completed the integration in October, before launching with a merchant in November.
Google Pay is one of the most popular mobile payment software applications today, with recent data has shown there were more than 150 million users around the world in 2023. In addition, about 800,000 websites use it as their secure payment gateway, and about 20% of all mobile purchases are made with Google Pay.
PXP Financial provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse global acquiring, 120+ alternative payment methods & financial services,
PXP processes over EUR 22,7 billion annually through its unified gateway, supporting business growth for its clients.
To find out more about the PXP Financial family of companies please visit: pxpfinancial.com