PARCELOW
overview
Parcelow provides a secure, transparent, and international solution for payments- both online and in-store. The service empowers Latin American buyers by providing them more payment options from American merchants.
THE CHALLENGE
International buyers and sellers face similar problems of limited payment options, non-compatible credit card companies, and differing currencies. Tourists spend more than $98 billion per year in Florida alone. Most of those visitors are from Latin American countries, like Brazil, where it is common to pay for goods in installments.
These tourists also faced the challenge of unavailable options for their home country’s currency and unsupported credit card providers. Like their potential customers, companies were also missing out. The Brazil market is continually growing, and sellers wanted to grow with it.
the goals
Allow buyers to pay in various ways- including using different currencies and in installments, on orders from US merchants while sellers can get simple payments in USD.
PROCESS
- Ultrahaus performed a technology mash-up in order to unify payment processing from different countries into a single solution.
- The solution gives customers the ability to pay online or in-person therefore needing an interface and a robust management system for merchants.
- By combining the needs of both buyers and sellers, the interface also allows merchants to oversee and analyze sales while receiving quick payments.
the solution
International Payment Gateway
Ensuring safe and secure payments are sent in real-time and received in no longer than 3 business days.
Merchant Administrative Panel
Providing merchants with valuable insights into their sales through tracking, analyzing, and report generation.