PayPal Competitor BlueSnap Expands Its Reach
BlueSnap is an online payment processor that is seeking to offer a smarter, faster and more secure alternative to PayPal. The company recently expanded from a small office in California to a large building in Waltham, Massachusetts, and plans to grow more in the years to come.
At the moment, BlueSnap has 25 employees. The company’s software is designed to work on an international level, supporting 30 languages and 60 currencies around the world. It is said to work in over 180 countries, making it a force in the payment industry. Nevertheless, it will be hard for any company to compete with the firmly established PayPal.
The technology used by BlueSnap in its payment routing allows it to work faster than PayPal. This speed has attracted more than 5,000 online merchants to use BlueSnap for their payment processing instead of PayPal.
In reference to the company’s international availability, BlueSnap CEO Ralph Dangelmaier said, “I’ve talked to so many small businesses, and it’s amazing how many there are out there that accept payments only in the U.S.”
It may not be long before BlueSnap becomes a well-known name associated with online shopping.