Linio Colombia and Ingenico ePayments partner up
Ingenico ePayments is to provide Latin American online marketplace Linio Colombia with advanced payments services, reports Jane Connolly.
The Paris-based company offers optimised payments solutions to help make the customer transaction process as smooth as possible.
Ingenico’s unique setup boosts authorisation rates by rerouting failed card transaction attempts to a secondary acquirer, if the payment has been the subject of a soft decline or other technical failure.
“We’re thrilled to accompany Linio’s dizzying growth in the region,” says Matías Fainbrum, general manager for Latin America at Ingenico ePayments. “Our solution, payment knowledge and experience in Latin America provides the best user experience. We’re going to do our best to make shopping at Linio easy, more transparent and above all safe for Linio and its customers.”
Diego Alberto Navarro, Linio Colombia country manager, adds: “Linio, in its constant commitment to the public, always verifies all the payments made on its platform, counting on a team of highly qualified fraud prevention experts that reinforces the security of the buyers. We’re confident that this partnership strengthens our payment processes, our users’ shopping experience and provides greater security to everyone’s purchase.”
E-commerce is a booming market in Colombia, with sales having increased by more than 230% between 2013 and 2017.