Ecommerce solutions provider FiftyOne Global Commerce has announced additional support for PayPal payments in 18 more currencies around the world in a bid to help its customers reach a wider audience with their products.
The move brings the payment option to key markets like Brazil, Japan and Singapore for its noteworthy list of clients. FiftyOne boasts that it provides international ecommerce capabilities to over 125 top US retailers, including AÃ©ropostale, Bloomingdaleâs, Macyâs and Neiman Marcus.
âLeading retailers in the U.S. rely on FiftyOne to help them enter new markets abroad; one of the keys to success is localizing the experience. Offering shoppers familiar payment options with prices in the local currency improves the user experience and builds trust among consumers,âÂ FiftyOne CEO Michael DeSimone said in a statement.
With the additional support, FiftyOne can now reach over 100 countries and 60 currencies. The full list of currencies added to the platform includes: Brazilian Real, Swiss Franc, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Mexican Peso, Norwegian Krone, New Zealand Dollar, Philippine Peso, Polish Zloty, Swedish Krona, Singapore Dollar, Thai Baht, Turkish Lira, and Taiwan Dollar.
In July, FiftyOne announced more than $10 million in Series E funding from investors. Vintage Investment Partners, Delta Ventures, Pitango Venture Capital andÂ Venture Strategy PartnersÂ are among its investors.
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