Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
China's Dinpay has one of the most diversified payment systems in the world and their advanced feature-set pairs perfectly with Allied Wallet's technological advancement and innovative ideology.
LOS ANGELES, Nov. 8, 2012 -- Allied Wallet, a globally leading provider of online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, and a PCI Level 1 payment gateway, proudly announces a new partnership with Dinpay, one of the largest payment platforms in mainland China.
China's Dinpay has one of the most diversified payment systems in the world and their advanced feature-set pairs perfectly with Allied Wallet's technological advancement and innovative ideology. Allied Wallet and Dinpay both offer 24 hour services and can enable your company to accept payments in as little as one day.
The safe, convenient, and stable methods that Allied Wallet takes regularly pairs perfectly with Dinpay because Dinpay represents and upholds the same qualities for their customers. Dinpay supports 3D Verification for security while Allied Wallet offers PCI DSS Level One Compliance, a customizable Fraud Scrub, and a 128 bit SSL layer.
Allied Wallet already offers its services globally and accepts payments in 164 currencies around the world in 196 countries. Dinpay's partnership with Allied Wallet enables simpler and more convenient methods to service mainland Chinese merchants and consumers all over the world. Allied Wallet's partnership with Dinpay grants them the ability to service holders of the Shenzhouxing Prepaid Card, as well as members of nineteen Chinese domestic banks. These Chinese consumers can now make purchases from Allied Wallet merchants.
Consumers around the world will see a payment process that takes less than three seconds to submit a payment to merchants all the way in China, while Chinese merchants enjoy a simpler way to accept payments from a world of international shoppers.
Andy Khawaja, CEO of Allied Wallet, said, "The internet is worldwide. Merchants and clients are worldwide and need a way to reach out and connect. Where else can a person reach 196 countries at one time?" He quickly followed up, "No place, but on the internet. And every day, my team and I work hard to make the connections simpler and smoother."
About Allied Wallet:
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. Please visit www.alliedwallet.com for more information.