ONE store, Airwallex Sign MOU on Global Payment Infrastructure
The partnership will bring card and card-based simplified payments in about 200 countries to ONE store Global and ONE shop.
ONE store said on October 19 that it has signed a memorandum of understanding with Airwallex to build global payment infrastructure, according to digitaltoday.co.kr.
Under the agreement, the two companies plan to integrate card and card-based simplified payment methods that support about 200 countries into the ONE store platform. The payment options will be applied to ONE store Global and ONE shop.
The companies also aim to reduce developers' operational burden by integrating payment infrastructure, and plan to widen the scope of their global payment cooperation gradually, starting with this MOU.
Airwallex was founded in Melbourne, Australia, in 2015 and holds more than 85 financial licenses across North America, Europe, the Middle East and Asia-Pacific. It provides services to about 670,000 companies worldwide.
Quick answers
What does the ONE store and Airwallex agreement cover?
It covers building global payment infrastructure, including card and card-based simplified payment methods supporting about 200 countries.
Where will the new payment methods be applied?
They will be applied to ONE store Global and ONE shop, with the scope of cooperation expected to expand gradually.