NEW YORK CITY, NEW YORK and TORONTO, ONTARIO--(Marketwired - May 22, 2013) - Computop, a leading payment service provider (PSP), and E4X, the global payments solution provider owned by Cambridge Mercantile Group, today announced a strategic global partnership. Through this relationship, Computop will integrate E4X's Patented Multi-Currency Services into its Paygate payment platform. With this functionality, Computop will be able to offer its wide range of B2C and B2B customers an even broader, more flexible payments platform for their global e-commerce requirements.
Studies have shown that buyers prefer to purchase online from retailers that offer pricing in their local currency. E4X's offering includes customizable solutions for currency conversion, multi-currency settlements, foreign exchange rate guarantee as well as global disbursements. This, coupled with Paygate's comprehensive payments options and fraud prevention, provides an end-to-end payments solution for retailers who want to do business beyond their own borders.
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