AP NEWS

Allied Wallet is Preparing to Go to Market Q1 2019

July 30, 2018

LOS ANGELES--(BUSINESS WIRE)--Jul 30, 2018--Allied Wallet, a globally leading provider of online payment processing offering various payment solutions in 196 countries all over the world, is preparing to go to market in the first quarter of 2019 and exploring IPO and other options.

Allied Wallet is a global customized payment solution provider that is world-renowned as an “all-in-one-shop” that consolidates state-of-the-art payment solutions, enabling businesses of all sizes to implement one payment solution for all their payment processing needs.

Allied Wallet is able to process transactions in 164 currencies and settle funds straight into a merchant’s bank account and offers affordable online payment processing solutions, mobile point-of-sale solutions, prepaid card solutions, digital wallet solutions, and chargeback/fraud solutions all under one account.

By simplifying multi-currency, international transactions, Allied Wallet streamlines payment solutions and statistically prevents risk losses to under 1% for international merchants.

Allied Wallet has seen exponential growth for over 13 years and has repeatedly ranked as a top payment processor and the safest payment processor internationally.

With over 150 million users globally and thousands of merchants, Allied Wallet is able to simplify business for the customers of many competitors who have received multi-billion dollar valuations including: PayPal, Square, Stripe, JD Pay, Ayden, and Alibaba.

The Fintech industry is seeing its highest valuations in history.

About Allied Wallet:

Allied Wallet has revolutionized the e-commerce industry by introducing new and innovative payment processing solutions for merchants for over ten years. By developing, innovating, and consolidating state-of-the-art payment solutions, Allied Wallet has been able to streamline payments for successful businesses in 196 countries globally. Visit www.alliedwallet.com for more information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005176/en/

CONTACT: Allied Wallet

A.J. Almeda

United States: (310) 424-5495

aalmeda@alliedwallet.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL INTERNET SOFTWARE PROFESSIONAL SERVICES FINANCE RETAIL

SOURCE: Allied Wallet

Copyright Business Wire 2018.

PUB: 07/30/2018 06:00 AM/DISC: 07/30/2018 06:01 AM

http://www.businesswire.com/news/home/20180730005176/en

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