Mastercard, a global leader in payment technology, has been honored with Shoplazza’s 2024 Partner of the Year award for its transformative contributions to cross-border e-commerce. By delivering secure, efficient, and innovative payment solutions, Mastercard has become an essential partner for merchants focused on expanding into new global markets. Through its collaboration with Shoplazza, Mastercard has helped merchants tackle critical payment challenges, unlock new growth opportunities, and ensure a seamless customer experience worldwide.

In the fast-paced world of cross-border e-commerce, payments are a pivotal link between merchants and consumers. Smooth, secure transactions directly impact order completion rates and customer satisfaction. However, many merchants face significant challenges when expanding internationally, including payment security concerns, complex checkout processes, and low acceptance rates for international cards. These issues not only hinder business growth but also increase the risk of customer attrition and damage to brand reputation.

Mastercard and Shoplazza have forged a strategic partnership to address these hurdles, delivering integrated payment solutions that empower merchants to scale their operations globally. The partnership is grounded in a shared commitment to innovation and growth, offering merchants tools that enhance efficiency and security while capturing new market opportunities.

Through its Ethoca Collaboration Network, Mastercard provides merchants with real-time access to critical fraud and dispute data, minimizing the risks associated with chargebacks. This innovative solution enables merchants to significantly reduce chargeback rates, improve card acceptance, and avoid costly fraud-related losses. By addressing these pain points, Mastercard empowers merchants to focus on scaling their businesses with confidence, knowing their transactions are secure and protected.

Mastercard’s Click to Pay solution ushers in a new era of frictionless payments, streamlining the checkout process for consumers and merchants alike. Registered users can skip tedious manual card entry; instead, they complete transactions by entering their email address and verifying their identity through a dynamic one-time password.

 

With Mastercard Click to Pay, millions of shoppers can enjoy unparalleled shopping convenience through a simple checkout process, along with enhanced security for peace of mind. Merchants using this solution have seen significant improvements in overseas order conversion rates, allowing them to reach wider customer bases while simplifying the purchasing journey.

Shoplazza’s partnership with Mastercard equips merchants with the ability to offer trusted payment options, helping them succeed in cross-border commerce. By combining Mastercard’s advanced risk management capabilities with Shoplazza’s robust e-commerce platform, the two companies deliver payment solutions that address global payment risks while enabling seamless transactions. 

Mastercard’s leadership in global payments is rooted in its relentless focus on innovation and its deep understanding of cross-border commerce. Its partnership with Shoplazza exemplifies how technological collaboration can drive industry transformation.

“Through our partnership with Shoplazza, we’ve delivered innovative payment solutions that address the unique challenges of cross-border e-commerce,” said a Mastercard representative. “We’re committed to helping merchants stay ahead by providing cutting-edge tools that enhance payment security and convenience, enabling them to thrive in global markets.”

 

The Mastercard-Shoplazza partnership goes beyond technology integration. It represents a shared vision of a smarter, more efficient payment ecosystem that empowers merchants to succeed on a global scale. As they deepen their collaboration, Mastercard and Shoplazza remain focused on driving innovation, enhancing risk management, and delivering unparalleled payment solutions. Together, they are shaping the future of e-commerce—one that prioritizes security, efficiency, and sustainability in an ever-evolving digital economy.