Oleoshop integrates Universal Pay into its stores

25/07/2018
  • This month you have available the option of integrating Universal Pay payment system (a leading provider for your business) into your Oleoshop store!

  • We have news for our customers, well, a bombshell: this month Oleoshop integrates Universal Pay into its stores. As we always seek to offer you the greater quantity and quality of options, we decided to develop the integration with one of the most complete and versatile payment providers in the market. 
  • What is Universal Pay?

  • It is a platform that manages payments through almost any mean, payment method and even the main international currencies.That is the reason why its name fits much: it is a way to unify all management, one of the most delicate and important in a business. 

    Behind Universal Pay brand we find the Spanish subsidiary of EVO Payments International, a company with a very extensive history since it was founded nearly 30 years ago. During all this time they have strengthened as one of world´s leaders processing an average of 100,000 million dollars in payments collaborating with, approximately 550,000 businesses around the world. 
  • In Spain, Universal Pay, has over 100,000 customers among large corporations, SMEs and freelancers. In addition, it has all the guarantees to be regulated by the Bank of Spain and agreements with entities like 4B nationwide and Mastercard, Visa or UnionPay internationally. 
  • What services does it offer?

  • As we said, their aim is is to be a single supplier to centralize payments, for that it counts on a wide range of solutions: 
  • #1 – In-store payment

  • They provide cutting-edge POS to physical stores. Fixed, wireless or mobile so they can be perfectly adapted to the needs of each company. 

    Another key aspect is the acceptance of a huge variety of credit cards(Visa, Mastercard Union Pay, Maestro, Discover...) so you have the guarantee of being able to charge virtually any user who enters your store. 

    It is very remarkable the effort that makes in terms of the internationalization of payments. Universal Pay allows you to dynamically manage payment in different currencies, making the customer to have a so noticeable sense of transparency when we make payments in other currencies. In addition, it thinks about those users outside of national borders, and even outside the European Union, it manages VAT refund. 
  • #2 – Online payment

  • This same versatility provided for in-store payments can be also found in e-Commerce. One of the strongest points from the point of view of electronic commerce is internationalization. If it is relevant at retail level, in this case it is critical due to the nature of the online channel. 

    So that you can get an idea of it the service´s capabilities, I will tell you that payments in more than 130 different currencies are accepted and it does the settlement on 3 of them. Can you see how far the expansion of your business can get to? 

    One of the sensitive points when choosing a provider for online payments is security. This service has the absolute guarantee of complying with PCI DSS regulations (data security standard for credit card payment industry). You even do not have to collect that sensitive information or get certified because payment details are entered directly in your system. 

    If you are worried about having to change of banking entity for all that entails, there is no problem. Universal Pay allows you to sell using your service without having to open an account in any bank other than yours. 

    Finally, it is also interesting to talk about something we do not usually tend to think until the need arises. This provider allows us to manage recurring or deferred payments, so is ideal if your business has some sort of subscription model. 
  • #3 – Mobile payment

  • In this case we are not talking about using the phone as a physical payment method (option that is also available) but as a means of payment method

    We can speak of two systems, the first through a switchboard with a call or an email to our agents. The second case is more interesting still at technological level, as it allows you to add a button to make your purchase directly on the invoice or, send a secure payment link via SMS. 
  • When can I use Universal Pay in Oleoshop?

  • The good news is that it is now available for our customers so you can already start using this very complete payment system. 
  • Do you find it interesting? Are you thinking about using Universal Pay in your store? Share your thoughts with us!

  • Images | Unsplash.

Miguel Nicolás


Miguel Nicolás O'Shea is a life-long copywriter (more than 15 years working in agencies) and a specialist in Search Marketing (SEO and PPC). From now on, he will contribute with his online marketing experience to Oleoshop, publishing regularly.

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