Asos announces APEXX Global payments partnership

Asos has launched APEXX Global’s payments orchestration layer across several of its European markets.  

The aim is to roll-out to more international geographies at a later date.

APEXX works with local banks to avoid cross-border fees and attract cheaper domestic rates from such payment schemes as Visa and Mastercard.

These local banks also grant access to local payment schemes such as Carte Bancaire in France, China UnionPay, and the Russian Mir scheme.

If you intended to get an early night and read a book before bed but found yourself on TikTok at 2:30am again, just know you're not alone.

— ASOS (@ASOS) November 3, 2020

Brent Hobson, Head of Payments at Asos, adds: “With our growing international footprint, it is increasingly important for is to offer our customers their preferred payment methods and currencies, and for us to optimise our international payments in a way that makes sense for our business.”

“We’re looking forwarding to working with APEXX as a payment orchestration layer in this space, and to building out our partnership in the coming months.”

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