Monthly Archives: April 2019

Allied Wallet, Andy Khawaja

The Advanced Technology and Layered Security of Allied Wallet Payments

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Allied Wallet pic
Allied Wallet
Image: alliedwallet.com

An accomplished e-commerce entrepreneur, Andy Khawaja serves as the CEO of Allied Wallet and a member of the Forbes Finance Council. Andy Khawaja’s global e-commerce success has garnered multiple recognitions, including being named an Iconic Figure in Finance by CEO Monthly Magazine.

A leading global payment processing service, Allied Wallet (AW) remains at the forefront of companies that facilitate convenient and secure e-commerce transactions worldwide. Unlike some of its competitors, the company has a track record of rapidly adapting its systems to keep up with emerging digital technologies. Currently, AW is staying ahead of the curve by experimenting with ways to incorporate augmented or virtual reality into the payment space.

In addition to staying up-to-date with the latest technological advances, AW is committed to defending merchants’ and customers’ financial data with stringent security standards. The company has achieved a rating of PCI DSS Level 1 Compliant and encrypts its data using the secure SHA-256 algorithm. With an eye on ongoing customer service, AW also provides its customers with fraud and chargeback prevention monitoring around the clock.

Allied Wallet, Andy Khawaja

Allied Wallet Expands Payment Options in Italy

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Allied Wallet pic
Allied Wallet
Image: alliedwallet.com

Andy Khawaja, the founder and CEO of Allied Wallet, is an accomplished entrepreneur who has managed his company through substantial growth. Under Andy Khawaja’s leadership, Allied Wallet won The M&A Advisor’s award for Best Transactions Processing Platform in 2018.

Recently, Allied Wallet announced that it has expanded its payment options in Italy to include MyBank, SEQR, Trustly,and Klarna, to better serve the country’s rapidly growing e-commerce market. With a large appetite for luxury goods but a low rate of credit card ownership, Italians use services like Trustly, MyBank, and SEQR to conveniently and securely pay for purchases with their bank accounts. Another popular alternative payment option, Klarna receives payments from users and in turn pays the online store.

Italy is one of Western Europe’s fastest growing e-commerce markets. Fashion goods are the leading online consumer product in Italy, with electronics and media coming in second. With around 19 million online shoppers currently, the country is expected to reach €28.8 billion ($32.6 billion) in e-commerce transactions by 2022.