Global Paytech Ventures invests in PeachPay's Superior One-Click Checkout for Online Merchants
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MIAMI, Jan. 27, 2022 /PRNewswire/ -- Global Paytech Ventures (GPT) today announced its recent investment in PeachPay whose technology enhances the customer checkout experience and helps merchants overcome cart abandonment.

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Cart abandonment is a significant problem for eCommerce businesses. According to Baymard Institute, the average rate of cart abandonment is approximately 69%. PeachPay aims to significantly reduce this by providing shoppers with a frictionless, one-click checkout experience.
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