Asian Entrepreneur Magazine Talks ‘Startups’ with Allied Wallet’s Ahmad Khawaja

Ahmad Khawaja grew up as a child in Lebanon and came to America as a young person. He has worked in the high-end retail business for many years and ran retail stores chain with locations in Beverly Hills (Rodeo Drive) and Las Vegas MGM. With the development and growth of the internet, Ahmad observed that there would have been a requirement for an approach to accepting credit cards internationally. His experience with international customers helps him to comprehend international business quite well. He was willing to create a way to connect the entrepreneurs and clients everywhere in the world, and that occurred through Allied Wallet. Ten years back, they were marketing the company verbally, and now they are operating for more than 150 million merchants globally. 

Interviewer: How do you describe Allied Wallet? 

Ahmad Khawaja: It is the fastest developing digital payment processor at present. We give businesses around the world the capacity for processing credit card payments from their clients safely and rapidly. Our top and winning APIs ensure all the exchanges are scoured for fraud and can process in more than 150 currencies for a real international experience. 

Interviewer: How did the idea of Allied Wallet come into your mind? 

Ahmad Khawaja: I founded this company ten years ago, and the inspiration for this company was to offer businesses all around the world the chance to take their businesses to the worldwide level. I understood that there was a requirement for safer approaches to handle global exchanges; nobody else was doing this leaving a gap for fraud which can destroy a business. 

Interviewer: Could you walk us through the journey of starting up Allied Wallet? 

Ahmad Khawaja: When the merchants come to us, they had to fill an application form on our site. Our internal writing team surveys their records and sends them an email for approval with the code for the secure checkout page on their site and sets them live once the merchant made the required changes to their site. We can do this in less than 12 hours. 

Interviewer: Did you experience specific challenges during startup? 

Ahmad Khawaja: Unlike other processing companies, we start our journey with my funds instead of investor funding. Allied Wallet was founded utilizing my assets since I trust in this organization, and with hard work and commitment from our team, we made one of the best processing companies in the world. 

Interviewer: How have you been developing Allied Wallet since startup? 

Ahmad Khawaja: When we started, our focus was primarily on the gateway, to ensure it had the best security to prevent fraud. From that point forward, prepaid card, NextGen gateway and a virtual wallet. We’re continually evolving to make new and better items to support our vendors. 

Interviewer: What sort of criticism did you get for Allied Wallet up until now? 

Ahmad Khawaja: Allied Wallet is very famous in the US, Europe and Asia and is winning awards for the incredible processing features and our promise make sure that our merchants are doing well. Our development pace of 200-500% consistently shows that individuals trust Allied Wallet for their business transactions. 

Interviewer: Do you face a lot of competition in this industry, particularly from your competitor companies?

Ahmad Khawaja: We love to have competition. PayPal is most likely our most significant direct competitors. However, they have an alternate framework, and we have a worldwide methodology with various features and greater adaptability for our traders. As you are aware, the industry is very competitive yet with our low rates, incredible in-house client support, huge range of credit cards to incorporate with, and best fraud security, and Allied Wallet justifies itself. 

Interviewer: What are your views about the industry?

Ahmad Khawaja: This industry is very competitive and is also risky for new dealers. There are a ton of things to comprehend about accepting credit cards online before you start, and you must have a safe and reliable gateway to avoid fraud. 

Interviewer: What is the future of this industry, and how would you stay relevant in this industry?

Ahmad Khawaja: The industry is only going to get greater. You see more individuals paying with cards or with apps, not money, and that implies more individuals will require an approach to send instalments digitally. Allied Wallet is continually improving and making new products so we can remain at the highest point of the game as one of the world’s most reliable processors. 

Interviewer: What are your views on Asian entrepreneurship vs Western entrepreneurship?

Ahmad Khawaja: Being a businessperson in Asia is altogether different than being one in the Western World like the US or Europe. There are specific law, various guidelines; however, above all, the hard-working attitude is amazing. When I have a discussion with top businessmen in Hong Kong, Singapore and Tokyo, I noticed how hard they work, and that they don’t stop until they accomplish their objectives. It’s incredibly inspiring. 

Interviewer: What is your meaning of achievement? 

Ahmad Khawaja: Success is working hard and achieving your objectives, and having the option to help other people in your journey. Surround yourself with dedicated individuals who trust in you, and make a point to show your appreciation. Achievement is all about making the difference. 

Interviewer: Why did you choose to become an entrepreneur?

Ahmad Khawaja: I have always been a business person. At the point when I was a little youngster experiencing childhood in Lebanon, I used to gather shell casings in the city and sold them for cash. When I moved to America, I worked hard at each job to ensure the organization improved and developed, until I had the option to begin my organization. 

Interviewer: In your view, what are the keys to entrepreneurial success?

Ahmad Khawaja: The key to get successful is to work hard and trust yourself. On the off chance that you don’t have both of those, you won’t make it as a business person. 

InterviewerAny word of wisdom for the entrepreneurs out there from your own insight? 

Ahmad Khawaja: To all the entrepreneurs, hard work and vision is the way to progress. If you are working hard, give your best, invest your effort and time and choose a safe and reliable processing company that can be helpful for you to grow and achieve your goals. The day you are not working for your future is wasted, make sure to work for a better future every day.

About MyitSolutions

Myitsolutions a valued contributor on Vents Magazine a Google news approved site. I love to provide the latest news to my viewers and sharing knowledge about interesting facts on different topics.

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