Allied Wallet's Q1 Report Shows Over 52 Million Users

LOS ANGELES, March 25, 2013 /PRNewswire/ -- Global leader in online credit card processing, Allied Wallet, has declared over 52 million users for their virtual eWallet, multi-currency merchant services, payment processing, and payment gateway services.

After being covered in several popular publications including Wired, Bloomberg, INC, and Fortune magazine, Allied Wallet has seen a significant surge in business all over the world.

Their most popular product has been their virtual eWallet solution which allows people to set up free virtual accounts regardless of their currency, including but not limited to: Japanese Yen, Chinese Yuan, British Pound, and Euro. With your virtual eWallet account, you can make purchases with any Allied Wallet merchant or send/receive money from any virtual eWallet holder.

The virtual eWallet is popular because it encrypts credit card data, protects identity, and secures them within a PCI Level 1 environment, state-of-the-art security. "Security is what we do best. It's what we do all day long," says Andy Khawaja, CEO of Allied Wallet.

Allied Wallet protects payments for over 52 million users around the world. This user base comes from all regions because Allied Wallet has the ability to process in 164 currencies.

Over the years, Allied Wallet has seen a large-scale adoption of the virtual eWallet in Euro and British Pound. But recently they've seen a spike in the form of Japanese Yen and Chinese Yuan. A recent partnership enabled them to accept payments for Chinese merchants from a world of consumers.

"Allied Wallet prevents a lot of regions from becoming monopolized because we offer them a new solution and a window to the world," says Andy Khawaja.

With just over 52 million eWallet shoppers recorded in Q1 of 2013, Allied Wallet's year is off to a great start and their merchants are sure to see continued success and safe transactions.

About Allied Wallet:

Allied Wallet continues to revolutionize the e-commerce industry by introducing new and innovative payment processing solutions for online merchants, enabling them to send and receive international payments. With PCI compliant merchant services for nearly any business size, Allied Wallet provides a state-of-the-art payment gateway to optimize online transactions for any company. Allied Wallet continually develops software to integrate with every e-commerce solution in the world. Visit https://www.alliedwallet.com/2013-Q1-Report for more information.

SOURCE Allied Wallet

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