The web and TV retailer, formerly ShopHQ, grew e-commerce 0.3% in the first quarter.
FiftyOne Significantly Expands Support for PayPal to Include 18 Currencies, Offering International Consumers More Choice in Digital Payments.
NEW YORK —November 19, 2012 — FiftyOne Global Ecommerce (www.fiftyone.com), the market leader in global ecommerce solutions, today announced platform support for PayPal global online and mobile payments in 18 currencies. This integration delivers more payment options to international customers who shop with the more than 125 leading U.S. retailers on the FiftyOne platform, including top brands such as Aéropostale, Bloomingdale’s, Macy’s, Neiman Marcus, Overstock, Saks Fifth Avenue, The Children’s Place, and Under Armour.
“PayPal has been a growing presence in the mix of payment methods used by our international customers, and we are excited to enable this option for more of our geographies,” said Michael DeSimone, CEO, FiftyOne Global Ecommerce. “Leading retailers in the U.S. rely on FiftyOne to help them enter new markets abroad; one of the keys to success is localizing the experience. Offering shoppers familiar payment options with prices in the local currency improves the user experience and builds trust among consumers.”
FiftyOne Global Ecommerce currently delivers international ecommerce capabilities for leading U.S. brands and retailers, enabling international customers in more than 100 countries and territories to shop and transact with those brands in more than 60 different currencies. PayPal will now appear as an additional payment option for shoppers in 30 countries and territories.
New currencies added for PayPal support include the Brazilian Real, Swiss Franc, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Mexican Peso, Norwegian Krone, New Zealand Dollar, Philippine Peso, Polish Zloty, Swedish Krona, Singapore Dollar, Thai Baht, Turkish Lira, and Taiwan Dollar.
New York City-based FiftyOne Global Ecommerce is the recognized market leader in international ecommerce, operating a technology and services platform that enables U.S. retailers to transact with customers more than 100 countries and more than 60 currencies worldwide. FiftyOne manages all aspects of international orders including multi-currency pricing and payment processing, landed cost calculation, customs clearance and brokerage, international fraud management, international logistics orchestration, and customer-experience parity. For more information, visit www.fiftyone.com.