On February 5, 2019, Allied Wallet added the new payment options CaixaBank Wallet, Upay, SOFORT, and Trustly to its online payment processing platform. These new options will connect over 23 million shoppers in Spain to their favorite online merchants.
CaixaBank and Upay are digital services that enable users to load cash to their accounts to pay for online purchases. SOFORT and Trustly, on the other hand, let their customers pay online merchants directly from their bank accounts.
Over the years, Spain’s e-commerce growth has been substantial, with millions of people gaining access to consumer goods and services online. Mobile e-commerce is expected to grow by 48 percent in the coming years. Allied Wallet protects shoppers and merchants from fraud and maximizes their online shopping experiences.