FOR IMMEDIATE RELEASE: Monday, October 8, 2012

Los Angeles, CA: Allied Wallet, a globally leading provider of online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, and a PCI Level 1 payment gateway, has partnered with several new relationships to simplify payments online for merchants and consumers globally.

The first of these new partnerships is Sofort Bank. Sofort, which has a significant presence in Northern and Western Europe, works with over 20,000 merchants. It provides a secure and customer focused alternative to ‘traditional’ payment mechanisms such as Visa and MasterCard. This partnership will create a new and exciting way for Allied Wallet to provide services to thousands of European merchants and over 100 million customers. Allied Wallet and Sofort have joined forces to offer state of the art, specialized products and share their knowledge with regards to the development of new products and services for the e-commerce world, as well as to accompany merchants in their growth and promote them accordingly.

The second partnership is with Klarna, founded in 2005 to create safer, simpler, and more fun online shopping. Klarna allows the consumer to receive the goods first then pay afterwards. The goal is to allow sellers and buyers across the world to shop with each other – smoothly and seamlessly. Allied Wallet strives to make each transaction as simple as possible; so with this partnership, Klarna and Allied Wallet make the world buyable together. Klarna has an established presence in seven European countries. But with Allied Wallet, they will have the opportunity to sell to even more people all over the world.

The third partnership is with the German internet payment system giant, Giropay. This payment method allows customers to buy securely on the internet using direct online transfers from their bank account. Introduced in February 2006, they now process over 150 million Euro in purchases each year.

Giropay processes over one million transactions every month, so it is a natural progression for a company of this magnitude to partner with an industry leader like Allied Wallet who processes over five million transactions every month.

By partnering with Sofort, Klarna, and Giropay, Allied Wallet will have many more ways of facilitating payments in regions like Germany, Netherlands, Belgium, Switzerland, Poland, France, United Kingdom, Italy, Spain, Austria, Sweden, Norway, Denmark, and Finland.

With these partnerships, Allied Wallet is projected to see a potential increase of three billion dollars (USD) in 2013 alone. Further, they’ll better uphold their ability to enable live processing within 24 hours in 164 different currencies around the world. Merchants in the regions listed above will see a local solution to their e-commerce needs and are allotted the finest features and security measures available in today’s world of merchant services.

CEO of Allied Wallet, Andy Khawaja, said, “We’re constantly striving to provide merchants and consumers with a simpler means to checkout online. We want to make it safe and secure for the consumer while maintaining a feature-rich, affordable solution for our merchants. These new partnerships will help us uphold these values to our clients around the globe.”

For Allied Wallet, global operations have always run smoothly on the forefront. And with these new partnerships, their processes will run smoothly in more districts around the world, simplifying payments even further for a diversified community and making them one of the world’s most trustworthy global payment processors.

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About Allied Wallet:
Allied Wallet continues to revolutionize the e-commerce industry by introducing new and innovative payment processing solutions for online merchants, enabling them to send and receive global payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions. Please visit www.alliedwallet.com for more information.

Contact:
A.J. Almeda
E-mail: aalmeda@alliedwallet.com
United States: (310) 424-5495

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