Payments and emerging commerce platform attains new milestone as client base and product capabilities continue to expand
REDWOOD CITY, Calif. – June 17, 2013 – i2c, Inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions with offices in Karachi and Lahore, announced today that over 500,000,000 transactions were processed on its platform in the past 12 months, setting a new annual transaction volume record for the company.
The milestone follows a year of rapid global expansion for i2c, which included unveiling a new data center in China and announcing that its annual processing volume in the Latin America & Caribbean region exceeded one billion US dollars. During the same period, the company added new clients across four continents, expanded its network of sponsor bank relationships and further enhanced key product capabilities, such as it’s mobile wallet and loyalty offerings.
“This is a significant achievement that speaks to the reliability, scalability and security of the i2c platform. Even with this rapid growth, the i2c organization has maintained service quality, delivering 99.99% availability and an untarnished security record for our clients,” said i2c’s Chief Executive Officer, Amir Wain.