Latest news with #localpayments
National Post
2 days ago
- Business
- National Post
Xsolla Expands Payments in the Americas to Boost Conversions With Pay by Bank, Affirm, and Recurring Billing via Mercado Pago
Article content New Support For Local Payment Methods Helps Developers Align With How Players Across The Americas Prefer To Pay Article content LOS ANGELES — Xsolla, a global commerce company helping developers launch, grow and monetize their games, announces today a major expansion of its localized payments offering across North and South America today. With new support for Pay by Bank and Affirm in the United States, Affirm in Canada, and recurring billing via Mercado Pago in Brazil, developers and publishers using Xsolla Pay Station can now unlock new revenue streams, reduce friction, and better connect with players through regionally trusted payment methods. Article content Article content The Americas remain one of the largest and most diverse gaming regions, with a combined market value of approximately USD 100 billion. However, while opportunities are vast, consumer expectations regarding payments vary dramatically by country. Players in the U.S. increasingly seek fast, secure alternatives to credit cards; Canadian gamers are embracing flexible payment options; and in Brazil, a major economy, recurring billing through trusted platforms like Mercado Pago is essential for long-term retention. Article content To meet these regional needs, Xsolla Pay Station now supports: Article content Pay by Bank in the U.S. – Faster, secure, bank-direct payments are rapidly gaining traction among players and retailers. Affirm in the U.S. (live) and Canada – A flexible Buy Now, Pay Later option that increases accessibility and basket size. Mercado Pago in Brazil (enhanced) – Now supporting recurring billing to enable live service models and subscription-based monetization. Article content Key benefits of the Payments in the Americas expansion include: Article content Localized Payment Solutions: Offer trusted regional payment methods, including Pay by Bank, Affirm, and Mercado Pago, ensuring players can pay in their preferred manner in every market. Reflects the growing consumer shift toward convenient, secure, and flexible payment methods. Frictionless Checkout Experiences: Mobile-first, secure payment flows help reduce abandonment and improve conversion rates. Wider Reach Across North & South America: Localized support in the U.S., Canada, and Brazil opens access to millions of players, backed by the adoption of Pay by Bank (35M+ U.S. users engaging with open banking), Affirm (22M+ U.S. shoppers as of 2024), and Mercado Pago (64M monthly active users in Brazil, integrated across 145,000+ live sites), reflecting the growing demand for convenient, secure, and flexible payment experiences. Flexible Monetization Models: To fit your revenue strategy, offer one-time payments, Buy Now Pay Later (BNPL) options, and subscriptions. Increased Player Trust and Loyalty: Familiar payment methods foster confidence and encourage players to return. Article content 'We're making it easier for developers to reach players in North and South America with payment experiences that feel native to each market,' said Chris Hewish, President at Xsolla. 'By enabling Pay by Bank, Affirm, and recurring billing with Mercado Pago, we're helping our partners connect with more players, increase conversions, and offer real flexibility in how they monetize across the Americas.' Article content To learn more or enable these regional payment methods for your game, get started: For a complete list of enhancements and developer tools, visit: About Xsolla Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game. Article content Article content Article content Article content Media Contact
Finextra
30-05-2025
- Business
- Finextra
PPRO launches subscriptions for local payments
PPRO, the leading local payments platform, today announced the launch of Subscriptions for Local Payments. 0 The dedicated solution empowers Payment Service Providers (PSPs) and merchants operating in the subscription economy to accelerate growth through optimised local payment strategies. The new solution enables customers to optimise their payments strategy and checkout journeys through dedicated access to functionality that drives incremental revenue by expanding access to local consumers, increasing loyalty, and reducing cost to create and manage an optimised payment experience. Through Subscriptions for Local Payments, businesses can access: • The payment methods that matter in the subscription economy - local payment methods and local cards such as Twint and Bancontact with native recurring functionality. • PPRO-signature recurring enhancements - PPRO's advanced platform capabilities elevate schemes that don't offer native recurring, enhancing the functionality to become subscription-ready. • Feature flows fit for the subscription economy - Dedicated features help cut down on free trial abuse, reduce payment declines, allow flexible billing, make onboarding friction-free, and more. • Dedicated subscription expertise - focused on maximising conversion rates and minimising drop-offs, the PPRO team's deep local payments expertise serves as dedicated support to subscription customers. Motie Bring, PPRO CEO, said 'With the subscription economy projected to be worth almost $1 trillion by 2028, the opportunities and competition are rapidly intensifying for businesses operating subscription models. Local payments are central to capturing this growth, helping merchants and PSPs reach more customers and stay competitive in a growing market." With a growing number of consumers choosing to pay local, accessing some of the world's largest ecommerce markets means understanding and optimising recurring local payments, from local cards to local schemes. For subscription-based businesses, offering the right payment method at checkout, and the right features in place to optimise conversion and recurring payments, are critical to success for sustained growth and retaining a competitive edge.
