BlueSnap announced Thursday (Nov. 20) that it had formed a new partnership with First Data to process payments around the world in a manner that provides secure cross-border payment capabilities for BlueSnap’s eCommerce merchants.
“BlueSnap has reinvented and optimized the checkout experience by combining intelligent payment routing, frictionless one-click checkout, cross-border payments, award-winning Smart Subscriptions, multiple integration options and dynamic eCommerce tools into a single international gateway,” BlueSnap said in a company news release. “Combining the power of First Data with BlueSnap’s state of the art eCommerce payment gateway provides merchants with the global reach to grow their business and helps BlueSnap achieve their strategy of making every payment successful.”
BlueSnap has $50 million under its belt in new funding and has seen aggressive growth worldwide with the assistance of its employees in Boston, London, Silicon Valley, Israel and Chicago. The company aims to bring a better checkout experience to cross-border payment processing to its shoppers in 180 countries, encompassing 29 languages, 60 currencies and 110 payment types. First Data has 24,000 employee-owned operations in 35 countries and provides payment technology and services to more than 6 million merchants and financial institutions around the world — including small businesses and large corporations. Businesses in nearly 70 countries use First Data to secure and process more than 2,000 financial transactions per second, or a total of $1.8 trillion transactions a year, according to data from the company.
“BlueSnap’s merchants can now leverage the power of First Data’s global processing capabilities when offering our localized shopper experience,” Ralph Dangelmaier, CEO of BlueSnap said in a company news release. “Selling globally has never been easier.”