12-03-2021
Wiseasy helps NA merchants to accept foreign currency payments

Overseas | Canada

Wiseasy Acquiring System helps over 2,000 North American merchants to accept foreign currencies payment. 

With the innovative Wiseasy Acquiring System, Canada’s leading payment service provider SnapPay has successfully provided QR code, bank card based, online-offline payments technology since 2018, allowing 2,000+ North American merchants to accept foreign currency payments to generate more revenue. Some of its clients include TD Bank and Holt Renfrew. 

With globalization, the international exchange of money and goods have become more important than ever. In turn, an easy-to-operate payment solution that can accept, aggregate, and manage not just domestic, but international payment methods has become a growing demand amongst merchants around the world. Wiseasy Acquiring System is a one-stop mobile payment solution with customized merchant application and management portal that supports a huge variety of mobile wallet systems simultaneously. It is the ultimate one-stop solution for global banks and acquirers. 

For SnapPay, the Wiseasy Acquiring System includes a complete aggregation mobile payment platform solution which completes the implementation through cloud deployment (AWS). More specifically, the entire customized service is able to realize the aggregation of mainstream digital wallets, including local and foreign e-wallets, making SnapPay the very 1st acquiring platform outside of China that supports UnionPay Cloud QuickPass. Wiseasy Acquiring System is compatible with multiple cloud service platforms for instance, AWS, GCP, Azure, Alibaba Cloud, and Huawei Cloud. The system is both EMVCo QR code payment standard and PCI-DSS standard approved. What’s more, the advanced container technology is used to realize fast deployment and update maintenance of the system for SnapPay. At the same time, this Acquiring System practices open API gateway design, which enables SnapPay to realize full API docking with internal and external business systems. Through a variety of front-end applications, the system is able to meet and overcome the needs of different business scenarios. Based on the design of cloud system architecture, the Wiseasy Acquiring System supports public cloud, private cloud, hybrid cloud and localized deployment. 

SnapPay has ordered over thousands of P3 devices in order to realize a comprehensive aggregated payment service from head to toe. In showcasing how the Wiseasy Acquiring System and P3 has helped SnapPay achieve great success, SnapPay CGO Chris Renton commented “We find this device is very robust, very reliable, very easy to deploy with tons of features that are state-of-the-art.” Evie Sun, Sr. Production Manager at SnapPay stated that the acquiring system has all that their customers need, and the best thing is that Wiseasy was very responsive and able to customize products and services according to their requirements quickly. 

The payments and technology landscape is constantly advancing. The Wiseasy Acquiring System hopes to evolve and grow with the trend and support more clients to generate both online and in-store payments and revenue in the future. 

Watch SnapPay’s client testimonial here: https://youtu.be/BIho4jw8FfY