Nochex Now Available to Businesses Based Anywhere in Europe

LEEDS, U.K. - Jan. 20, 2015 - PRLog -- This announcement follows reports that Europe has beaten North America to become the second biggest e-commerce market in the world.

Annual e-commerce revenue in Europe was up by 16.3% to €363.1 billion in 2013 according to recent reports from E-commerce Europe*. The majority of European e-commerce occurs in the UK which has the third biggest market in the world, valued at €107.2 billion.

Marketing Manager at Nochex, Peter Lyster, gave us his insight on the European market.

“European e-commerce is undergoing rapid growth and it does not look like that is going to change. At the moment, the UK is the number one e-commerce market in Europe despite having a smaller population than the likes of France and Germany. We are currently leading the way in online shopping but expect the rest of Europe to catch up soon. As consumers worldwide start to do more of their shopping online, countries such as France and Germany, both of which have thriving retail industries, will overtake the UK and become e-commerce superpowers.”

Despite this huge potential for growth, many leading payment processors do not operate on the continent. European merchants have previously not been able to use Nochex, leaving them with limited options for trading online.

By focusing on providing the best solution for small businesses, Nochex has established itself as the UK’s leading ‘pay-as-you-go’ alternative to PayPal. Nochex has a reputation for championing small businesses and now looks to take that crusade abroad by making their popular merchant account available to business owners around Europe.

We spoke to Alistair Mason, Marketing Coordinator at Nochex, in the wake of the launch.

“Nochex is committed to providing SMEs with the best payment solution to help their business grow and this has been very successful in the UK. European merchants often complain to us that mainland Europe does not offer the same variety of payment solutions that the UK market does. We identified a gap in the European market for our product. However, it was not as simple as creating a ‘one-size fits all’ Nochex European account. Different countries have different regulations and retail cultures so our solutions are tailor made for each merchant."

Read more about Nochex’s European account here: https://www.nochex.com/prod/European-Services/

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About Nochex
Nochex is a European provider of online payment solutions that is trusted by businesses and consumers around the world to process their payments. Small and medium-sized enterprises use the Nochex payment solution to simplify how they accept and settle online credit and debit card payments. The Nochex payment service helps businesses start trading quickly and safely. Being an independent provider has allowed the company to support tens of thousands of merchants around the UK across a wide range of industries.

For more information about Nochex visit www.nochex.com

*Ecommerce Europe: 2013 Key B2C E-commerce Data of Goods and Services: http://www.ecommerce-europe.eu/facts-figures/infographics

Notes to editors

1.       For more information contact Alistair Mason, Marketing Coordinator at Nochex. Telephone 0113 346 6205; Email: ali.mason@nochex.comor marketing@nochex.com

2.       Address: 103 Clarendon Road, Leeds, LS2 9DF

3.       Nochex Limited (and its trading name Nochex) is privately held and a registered Electronic Money Issuer with the Financial Conduct Authority

4.       Nochex has thousands of customers throughout the UK and Europe who use the internet to buy and sell goods and services.

5.       Established in Leeds, West Yorkshire in 1999, Nochex processed its first payment in 2001

6.       Nochex operates 24/7. Office hours are 9am-5:30pm Monday – Friday

7.       Images available (Nochex logo)