PAYSTRAX partners with Cardstream to offer global payments solution for merchants
Fintech company, PAYSTRAX, has announced a new partnership and integration with UK payment solutions provider, Cardstream, to provide seamless card and online transactions for its customers.
Utilising Cardstream’s global payment gateway, PAYSTRAX customers can now benefit from an additional way to connect with its acquiring services and accept cross-border payments smoothly and securely.
PAYSTRAX merchants can now integrate Cardstream’s payment gateway into their online platforms, websites or mobile apps to help better cater to customer payment preferences and expand their business reach.
Commenting on the news, Cardstream CEO, Adam Sharpe, said the partnership shows an ongoing commitment to knowledge sharing and collaboration with its partners as well as its ability to provide pioneering technology:
“We’re delighted to be partnering with PAYSTRAX and helping them leverage our innovative gateway for their customers,” Sharpe said. “At Cardstream, we will continue to be at the cutting edge of developing the latest payment innovations, and with PAYSTRAX’s strong reputation in the market, we look forward to working closely together going forward.”
Johannes Kolbeinsson, CEO and co-founder of PAYSTRAX, added: “With this strategic partnership, PAYSTRAX can continue its efforts to be at the forefront of minds when businesses consider adopting new and innovative payment technology. The partnership highlights the possibilities of strong collaboration between acquirers and providers in the fintech space and we’re really looking forward to providing this new service for our merchants.”
Nick Tucker, chief revenue officer and co-founder of Paytently, a payment orchestration platform which will be one of the first to take advantage of the partnership, said: “We are thrilled to partner with PAYSTRAX, whose tailored acquiring offering and Visa and Mastercard processing solutions will enhance our payment orchestration platform. The flexibility offered by PAYSTRAX allows us to customise our solutions, a pivotal factor in our decision to collaborate. This ensures that we can effortlessly adapt to the diverse needs of the market, providing our merchants with exceptional service and support.”
Cardstream is a UK-based payment gateway provider that enables businesses to accept online payments smoothly and securely. The company offers a range of services including card processing, alternative payment methods, fraud prevention tools, reporting/analytics, and more.
PAYSTRAX is an innovative fintech company that utilises cutting-edge cloud-based technology for tailored card-acquiring services to European and UK merchants. Operating out of its offices in the UK, Lithuania, and Iceland, the business is a part of the European Payments Group and holds a Principal Membership license with Mastercard and VISA.
