Optimal Payments, an online payments provider, is launching NETBANX Checkout, an online payments solution for e-commerce businesses hoping to branch out internationally (view press release). NETBANX Checkout has been designed to provide e-commerce businesses with an easy-to-implement service that both increases international sales and lowers the cost of processing foreign transactions.
Optimal Payments claims that the solution increases conversions for merchants, by making available local payment methods and reducing transaction processing costs and the number of blocked cross-border payments.
NETBANX Checkout will be available to customers in the US, Canada and Europe as part of the NETBANX suite of online payment solutions. It also uses a multi-lingual hosted payment page which delivers a local shopping experience for consumers, which can lead to reduced shopping cart abandonment and increased transaction approvals at checkout.