PXP enables Abercrombie & Fitch’s rapid international expansion
Abercrombie & Fitch Co. is a leading global speciality retailer of high-quality, casual apparel for men, women and kids with an active, youthful lifestyle under its Abercrombie & Fitch, abercrombie kids and Hollister Co. brands. They planned to open a new store in a number of major cities around the world and needed a payment partner that could deliver and manage a single payment system that could be customised for each market environment, without having to work with a multitude of different providers.
High street retail
Europe, Canada & Japan
How PXP supports Abercrombie & Fitch
- PXP is purpose built for international retailers, and meant A&F could rely on a single partner to deliver all of the services needed in each region.
- The platform drives the in store transaction experience, securely processes authorisations and settlement as well as providing centralised financial management.
- Working in collaboration, A&F and PXP were able to map out the different payment requirements for each store, to create a simple, consistent payment solution no matter how the in-country requirements differed.
- PXP managed the relationships with in-country partners – including acquirers and terminal providers to ensure local requirements, regulations and other nuances were taken care of.
Outcomes
- The result was a single payments system that A&F could manage centrally, optimised for each territory.
- Processes were developed to go hand in hand with A&F’s existing systems and processes to avoid disruption.
- It allows easy access to a variety of payment devices, value added services and geographies, delivering the optimal payment infrastructure for A&F with the ability to adapt as and when necessary.