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Maxpayments and 2000Charge form alliance

24 June 2009  |  1166 views  |  0 Source: Maxpayments

The Maxpayments processing company has built a solid reputation among domestic merchants by providing exceptional turn-key payment processing services.

Now Maxpayments takes the next step by expanding their reach to include the most popular global payment options via the announcement of their new strategic partnership with 2000Charge. The landmark deal allows Maxpayments clients to accept EuroDebit transactions and reach untapped customer segments by converting international clients, thus increasing sales.

The internet market outside the US has preferred to utilize direct payments via EuroDebit and other well-established local payment methods in lieu of credit card transactions. Now, as the 'credit crunch' continues, an increasing number of American consumers are also moving toward alternative payment options and Maxpayments is at the forefront of the "no credit purchase" revolution. In some parts of the world credit card purchases account for as low as 10% of the total consumer market and even where credit cards have had their greatest market share during past years, their penetration is losing momentum as more customers seek payment methods that allow them to pay-as-they-go from funds they already own.

"We are excited about our partnership with 2000Charge and utilizing EuroDebit for our clients," said Jon Avganim of Maxpayments. "We see significantly increased sales, far better ratios and overall improvements in revenue for clients who have begun to offer non-credit based payment choices. The addition of EuroDebit to our platform through this strategic partnership with 2000Charge builds on the momentum we have already created in a big way."

"Webmasters see that alternate payment processing solutions represent a significant opportunity, but like all business opportunities, it has to be approached in the right way," said Wolf Kring, President of 2000Charge. "2000Charge has been monetizing European and International consumers for a long while and we are very excited to be combining our expertise with the knowledgebase that the Maxpayments team has already established."

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