OTT Pay launches OTT Pay Checkout to offer integrated payment solutions to merchants
By Edlyn Cardoza
OTT Pay, a leading FinTech payment service provider based in Canada, has launched OTT Pay Checkout to provide online merchants with a personalized and integrated solution to receive payments from global shoppers through various payment methods.
OTT Pay Checkout empowers businesses by connecting merchants to customers around the world and enabling them to accept payments from a variety of payment methods through a single, simple integration. The newly launched platform currently supports Alipay, WeChat Pay and Union Pay, with many new payment options coming soon.
“OTT Pay’s new payment solution provides merchants with a simple, low-maintenance way to accept various forms of payment regardless of which payment method the customer selects,” said Stanley Yu, CEO of OTT Pay.
Customers are easily converted into buyers when the platform displays the most relevant payment types for them. Once the payment has been made, updating the status of the platform via the API will allow customers to continue their experience according to the merchant’s instructions.
OTT Pay Checkout’s payment solutions strictly adhere to Payment Card Industry (PCI) security standards, relieving merchants of security and compliance concerns. It also includes an easy-to-use API that fully supports various e-commerce payment scenarios, allowing easy integration at low cost.
Once activated, the platform is designed to technically support new alternative payment methods, with updates performed only by OTT Pay, reducing merchant maintenance.
“OTT Pay Checkout powers a significant portion of our online payments, providing a secure and simple solution for our business and our customers,” said Shawn Chen, CEO of Duocun, a Toronto-based online fresh produce supermarket. “OTT Pay Checkout has been integral to the growth of our business.”
By supporting IaaS, SaaS and PaaS, the newly launched platform is also an ideal solution for software developers, technology integration service providers and platform operators to easily accept various forms of payment.
Recently, IBS Intelligence reported that OTT Pay has expanded its multi-billion dollar cross-border business into the United States to better serve global e-commerce businesses with more efficient overseas transaction processing. In partnership with global payment leaders, OTT Pay’s subsidiary – OTT Pay USA – provides more convenient payment collection and settlement solutions to help global e-merchants save even more on cross-border transaction costs.
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