Chinese software industry’s largest exporter by volume, Wondershare, has chosen Worldpay for its complete payments infrastructure. The move will help Wondershare to improve payment acceptance in its priority markets, underpinning its ambitious global expansion plans.
Wondershare was particularly keen on achieving low acceptance risk, a requirement other payment providers were unable to deliver. Worldpay has helped the company to analyze its payments data and use this information to optimize acceptance rates.
The suite of Worldpay solutions is also highly customizable, allowing Wondershare to develop separate policies for payment acquiring, ecommerce, and fraud, and tailor these according to the needs of local markets.
Since working with Worldpay in early April, Wondershare has already seen its payments acceptance rate increase by 30%.
Wondershare is looking to build its presence in Japan, Brazil, and Russia, while also bolstering its already-strong foothold in both the US and Europe. As the only international payments company with an acquiring license in Japan, Worldpay is ideally placed to help Wondershare make a seamless entrance into the market. Worldpay’s global experience and familiarity with regional policies and alternative payment methods around the world will also help smooth Wondershare’s expansion into other foreign markets.
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