foodpanda and Fiserv launch e-commerce payments processor
It will first roll out in Singapore and Hong Kong.
foodpanda has partnered with Fiserv, a global payment solutions provider, to implement an end-to-end e-commerce payments processor to support its expansion plans across multiple markets.
The partnership will cover online, mobile, and digital wallet payments, with Fiserv serving as foodpanda’s primary payment acquirer in Singapore and Hong Kong.
The enhanced payment system will first roll out in these two markets, with plans to expand to other regions in the future.
By leveraging Fiserv’s expertise, foodpanda said that it aims to simplify the complexities of payment processing across its global operations. This, in turn, will allow it to focus on enhancing operational efficiencies, according to a press release.