Allied Wallet connects platform with 200+ million in Brazil

Allied Wallet, a provider of online payment processing offering various payment solutions in 196 countries all over the world, recently added several new payment options to their platform to service the growing demand of alternative options in Brazil and abroad, the company said.

Brazilian e-commerce and mobile commerce are growing in popularity every day. In turn, digital eWallets are expected to double in popularity to 31% by 2021 with a worth of USD 23.7 billion USD.

In Brazil, over 55 million consumers do not have a bank account, hence, the popularity of alternative payment options. With over 500 million phones and 10 billion top-ups annually, digital wallets that are accessible via a mobile device are the future of Brazilian payments.

Brazil´s population is just over 200 million. 56% of their population are online and 38% use a smartphone.

Allied Wallet is now offering several of the most popular alternative payment options in Brazil, as they are now compatible with Allied Wallet´s digital eWallet services.

Allied Wallet is now compatible with Boleto Bancário, Hipercard, Banco do Brasil, AstroPay Card, Santander, Elo, Bradesco, Aura, Cartao MercadoLivre, and Itaú.

Allied Wallet continues to revolutionize the e-commerce industry by introducing new and innovative payment processing solutions for online merchants, enabling them to send and receive global payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions. visit www.alliedwallet.com/.