May 30, 2017
30th May 2017 – Sao Paulo – VTEX, Brazil’s market leading digital Cloud Commerce platform, is partnering with Worldpay, a global leader in payments, to offer an integrated solution to support Latin American eCommerce businesses as they expand internationally.
This announcement will see VTEX customers benefit from Worldpay’s eCommerce products, including flexible, frictionless payments across a global network and one of the broadest range of payment methods both in Brazil and around the world. The integrated platform has up to 300 payment methods rolling out over the coming months.
With the additional benefit of a single pre-built integration, the partnership will enable businesses to reduce time-to-market when expanding globally, whilst saving on development costs and resources.
Mariano Gomide De Faria, founder and co-CEO at VTEX said: “Frictionless payments has been one of the key themes at VTEX Day this year, which is why we are delighted to announce this collaboration. Worldpay brings a wealth of experience when it comes to optimising the online payment journey, and together we can offer an innovative eCommerce solution, which will give our global customers easy access to a smooth and seamless check-out experience. This enables brands to focus on what they do best: growing their business.”
Juan D’Antiochia, General Manager for Latin America at Worldpay said: ”In today’s hypercompetitive marketplace, what separates retail leaders from the competition is an engaging customer experience. Companies that execute a friction-free online journey have higher customer satisfaction rankings, increased revenues, and reduced churn. To address these new realities, we are delighted to be able to team up with VTEX. Our new combined offering is designed to help merchants transform the customer experience, with a seamless purchasing platform capable of meeting the demands of the modern shopper.”
Worldpay is a leading payments company with global reach. We provide an extensive range of technology-led payment products and services to around 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies. We help our customers to accept more than 300 different payment types. For more information, visit http://www.worldpay.com/global.
VTEX is the only True Cloud Commerce platform in the digital commerce market with an auto-scaling elastic cloud infrastructure that leads to higher conversion rates, stronger customer loyalty and lower TCO. Utilizing the exclusive patent-pending SmartCheckout™ technology - a secure, intuitive and easy password-free process, VTEX presents an excellent option for digital commerce. Companies running the VTEX platform have seen a 54% increase in conversion rates, and a significantly lower rate of cart abandonment. Since 2000, VTEX's pioneering R&D teams have provided customers all over the world with a comprehensive, fully-adaptable, omni-channel solution that keeps pace with ever-changing customer expectations. VTEX has been recognized for its innovative approach to handling digital commerce by Gartner, Inc. and Forrester Research and is trusted by over 1,000 clients worldwide including Walmart, Danone, Whirlpool, Electrolux, Pandora, Avon and Lego.
For more information, please contact:
Emily Lahey, PR Director +44 (0) 203 664 5663
Nitesh Khetani +44 (0) 207 067 0128