Payment service provider Bluesnap has announced new support for the BRIC (Brazil, Russia, China, India, and China) markets and will now support popular local payment methods.
BlueSnap Currently supports Payments in over 180 countries, offers its payment services in 29 different languages, and supports over 60 currencies. BlueSnapโs expansion to the BRIC markets will bump up the current supported payment options to 110.
In addition to supporting Boleto Bancario in Brazil, BlueSnap will also route payments through local acquiring banks to simplify and streamline the process. For the Russian and Indian markets BlueSnap has added support for popular local Ewallets and payment methods such as PayPal, Skrill, cashU, Webmoney and vouchers such as Ukash in addition to standard card support (Visa, MasterCard and American Express).
For Chinese merchants, BlueSnap has added the most popular local payment option AliPay, which boasts over 300 million registered users.
"Consumers around the world want to pay for goods using the methods they know and trust," said Ralph Dangelmaier, CEO of BlueSnap. "In the BRIC countries, we are giving global sellers a competitive edge by stacking their checkout pages with the payment options their customers want to see. Overall, our goal is to help merchants break into new global markets, eliminate snags that cause shoppers to abort the purchase process, and ultimately increase sales."
BlueSnap CEO Ralph Dnagelmaier is currently speaking at TRANSACT 14, the Electronic Transaction Association's annual conference, which is currently being held in Las Vegas, Nevada.