Allied Wallet Expands Payment Options in Italy

April 13, 2019 drandykhawaja Leave a comment

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.

Allied Wallet Founder Recognized by the Vatican

January 24, 2019 drandykhawaja Leave a comment

For more than a decade, entrepreneur Andy Khawaja has led the international online payment processing company Allied Wallet, which currently serves over 150 million customers worldwide. During Andy Khawaja’s time in office, Allied Wallet has garnered many accolades for its innovative use of technology and outstanding customer service, including the United States Excellence Award and Most Innovative Company.

Allied Wallet is well-known for its forward-looking culture that promotes peace, service, and community-focused action. The company’s ongoing contributions to philanthropic organizations, such as Hope for Change International and the American Red Cross, brought the online payment provider to the attention of Pope Francis.

Allied Wallet’s commitment to humanitarian causes earned the financial technology giant recognition from the Vatican and Rondine Cittadella della Pace, a peace-focused volunteer organization in Italy. In 2018, Andy Khawaja, the CEO of Allied Wallet, accepted the Medal of Goodness and the title of Ambassador for Peace at a ceremony held in the Vatican.

Allied Wallet, Andy Khawaja

Allied Wallet Expands Payment Options for Italian Consumers

January 20, 2019 drandykhawaja Leave a comment

Respected financial technology entrepreneur Andy Khawaja is the founder and CEO of Allied Wallet, one of the world’s largest online payment system providers. Backed by decades of international business experience, Andy Khawaja leverages his understanding of diverse customer needs to establish his company in overseas markets in Europe, including Italy.

In 2013, Italians spent more than $9 billion shopping online. A widespread preference for home deliveries has driven the growth of the e-commerce market in Italy.

While the majority of Italians have bank accounts, just over a third have a credit card. To better serve the people of Italy, Allied Wallet recently added these four online payment options that are popular with Italian consumers:

– MyBank, with more than 40 million users across Europe, this option enables customers to pay directly from their checking accounts.

– Trustly offers similar services and is available in 29 European countries.

– Seqr offers mobile payment options and 3-percent cash back on all purchases.

– Klarna offers flexible payment options for online purchases, including biweekly installment payments and a 30-day payment-free trial period.

These options will help increase the value of online sales in Italy, which is expected to triple by the year 2022.

Allied Wallet CEO and Philanthropist