abhishek paji what is full form of ppro?
International Online websites will support RuPay Cards & UPI partnership with PPRO
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NPCI International Payments Ltd (NIPL) and PPRO collaborate to offer Indian consumers hassle-free payments across the globe:
More than a third of the 777 million Indian online consumers shop across borders, with nearly a half of all transactions taking place with online shops in the United States and China. Enabling merchants in these and many other countries to accept payments through RuPay card and UPI will increase consumer reach significantly.
“We believe this strategic collaboration with PPRO will result in a significant increase in online acceptance of RuPay Cards and UPI powered Apps, which in turn will empower Indian consumers to continue using their preferred payment modes hassle-free across the globe,”
The collaboration between NIPL and PPRO will empower the payment service providers, banks, gateways, and enterprises with payment platforms that depend on PPRO to expand their platforms internationally and beyond borders, giving their merchants access to Indian consumers who perform digital transactions using RuPay Card and UPI.
NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India, and PPRO, the leading global provider of local payments infrastructure have signed a memorandum of understanding (MOU) to partner together to expand and empower international growth of India’s digital payments ecosystem.
The agreement aims at expanding RuPay card and UPI acceptance across PPRO’s global clients such as payment service providers (PSPs) and global merchant acquirers.
The collaboration between NIPL and PPRO will empower the payment service providers, banks, gateways, and enterprises with payment platforms that depend on PPRO to expand their platforms internationally and beyond borders, giving their merchants access to Indian consumers who perform digital transactions using RuPay and UPI.
“We believe this strategic collaboration with PPRO will result in a significant increase in online acceptance of RuPay Cards and UPI powered Apps, which in turn will empower Indian consumers to continue using their preferred payment modes hassle-free across the globe,” said Ritesh Shukla, CEO, NIPL.
More than a third of the 777 million Indian online consumers shop across borders, with nearly a half of all transactions taking place with online shops in the United States and China. Enabling merchants in these and many other countries to accept payments through RuPay card and UPI will increase consumer reach significantly.
“Expansion into India’s e-commerce market presents a huge growth opportunity for PPRO,” said Stefan Merz, Chief Strategy & Growth Officer at PPRO. “Our strategic partnership with NPCI International helps navigate through market intricacies and opens up the Indian market for our PSP partners and their global merchants, helping them to benefit from the high potential that the country has to offer.”
RuPay is the first-of-its-kind Global Card payment network from India with over 635 million cards issued to date. UPI is amongst the most successful real-time payments systems globally, allowing users to transfer money on a real-time basis, across multiple bank accounts without revealing details of one’s bank account to the other party.
In 2020, UPI enabled commerce worth USD 457 Billion, which is equivalent to approximately 15% of India’s GDP.
PPRO official website - https://www.ppr...m/
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kukdookoo wrote:abhishek paji what is full form of ppro?
kukdookoo wrote:abhishek paji what is full form of ppro?
I think Partner with the payment pros.
Cross-border e-payment specialist, PPRO, (PPRO) removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of local payments methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration.
Who is PPRO ?
Following a US$180m burst of investment, local payments infrastructure provider PPRO has officially attained unicorn status (valued in excess of $1bn).
Founded in 2006 and based in London, UK, PPRO is dedicated to facilitating consumers’ preferred local payment methods via an integrated platform.
Since its inception, the company has proven itself a valuable operator in the cross-border payments space, enabling the growth of other prominent platforms – including Citi, Mollie Stripe, Adobe and PayPal – around the world.
abhishek012 wrote:I think Partner with the payment pros.
Cross-border e-payment specialist, PPRO, (PPRO) removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of local payments methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration.
Who is PPRO ?
Following a US$180m burst of investment, local payments infrastructure provider PPRO has officially attained unicorn status (valued in excess of $1bn).
Founded in 2006 and based in London, UK, PPRO is dedicated to facilitating consumers’ preferred local payment methods via an integrated platform.
Since its inception, the company has proven itself a valuable operator in the cross-border payments space, enabling the growth of other prominent platforms – including Citi, Mollie Stripe, Adobe and PayPal – around the world.
how is this different than paypal?
abhishek012 wrote:
aap ho na paji btane ke liye
kukdookoo wrote:how is this different than paypal?
I have already given you the answer, Cross-border e-payment specialist, PPRO, (PPRO) removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of local payments methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration.
abhishek012 wrote:I have already given you the answer, Cross-border e-payment specialist, PPRO, (PPRO) removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of local payments methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration.
sorry paji to ask this but paypal dont do similar thing?
kukdookoo wrote:sorry paji to ask this but paypal dont do similar thing?
Yes but paypal ek payment gateway company ha or PPRO multiple payment gateway companies ko connect karta hain including paypal ko bhi.
or bohot se large merchants khud k payment gateways use karta ha toh woha paypal like 3rd party payment gateway company se tieup ki jarurt nhi ha.
PPRO merchants k sath RuPay card acquiring, collecting and processing direct tieup karne me help kar dega.
Kuch aisa samjhlo, direct tum International merchant website pe apna RuPay card details daal k pay kar sakte ho, Paypal like koi 3rd party payment gateway ko select karne ki jarurt nhi hain. direct RuPay card option milega pay karne k liye, jaise amazon, flipkart me abhi milta hain.
