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Citcon Company Information

Citcon is a global all-in-one payment platform that assists over 10,000 merchants worldwide in securely processing millions of payment transactions daily. The platform connects more than 20 global wallet providers, including PayPal and Venmo, and offers a comprehensive solution encompassing payment processing, gateway services, reporting, and fund settlement. Citcon’s smart routing technology enhances approval rates and reduces transaction fees by selecting the best local and global routing options. The platform integrates over 100 digital wallets through a unified API, providing in-store, online, and mobile payment solutions for many of the world’s largest brands.

Citcon began as the first authorized US merchant acquirer for WeChat Pay and Alipay, and now reaches over 2 billion mobile wallet users globally. The platform supports major e-commerce platforms such as Shopify, Magento, Salesforce Demandware, SAP Commerce Cloud (SAP Hybris), and WooCommerce, and is compatible with eCommerce gateways like Cybersource, Aurus, FreedomPay, UATP, and CellPoint Digital. Citcon offers a full set of RESTful POS APIs for in-store payments and a Hosted Online Platform (CHOP) to facilitate quick integration while reducing PCI DSS compliance burdens.

Citcon’s payment solutions help merchants meet all 12 key requirements of the Payment Card Industry Data Security Standards (PCI DSS) and reduce PCI compliance complexity. The platform employs automated risk management technologies, including IP intelligence, device profiling, and cyber threats detection, to prevent fraud and decrease cyberattacks. Citcon offers competitive processing fees with no additional charges for wallet cross-border transactions and guarantees payments for digital wallets, eliminating fraud or chargeback liability. Transactions clear within 24 hours with no chargebacks, and the platform supports contactless mobile payments.

Citcon enables merchants to accept payments globally, enhancing customer experiences and connecting with a growing base of mobile wallet users. The platform helps merchants attract international customers by accepting their preferred payment methods and offers up to 40% lower acceptance costs compared to international credit cards. By providing higher approval and conversion rates, lower MDR, no chargebacks, and no setup or hidden fees, Citcon helps merchants expand into new markets and achieve significant business benefits.

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