Trust Payments expands portfolio to help businesses be agile during the economic crisis
Trust Payments, a fintech platform specialising in payments and value-added services for businesses, has had a busy quarter, with five new businesses joining its portfolio. These deals will enable platforms, merchants and their customers to benefit from fast cross-border payments and subscription commerce to name a few.
Trust Payments is committed to helping expand how businesses can accept payments and work with potential customers globally. With debit/ credit cards used by the majority (91%) of Brits and 6 in 10 are willing to pay using different currencies to access retailers outside the country, the appetite for alternative and flexible global payments means businesses must remain agile to keep up.
The five new business deals Trust Payments have announced are:
- Quadient Accounts Receivable by YayPay has partnered with Trust Payments to offer one-off transactions and recurring payments on credit cards, accelerating support for making payments across the UK and Europe. This partnership offers customers a simpler and faster way to process domestic and cross-border payments.
- Online International Processing Solution (Online IPS), a global merchant services organisation dedicated to multinational payment processing, is working with Trust Payments to broaden the diversity of subscription commerce and payment types available to merchants in essential and growing e-commerce regions.
- Payment platform CaratiPay now offers full acquiring capabilities from Trust Payments to their merchants across the EU and UK. The offering will make transactions seamless for merchants and ensure they can accept fast and optimised payments
- Hippodrome Casino and Global tour operator Inside Travel Group deployed Trust Payments’ digital payments offering to their customers.
Businesses are facing a challenging economic climate with rising inflation, the recession and the cost of living crisis. Technology presents an opportunity for businesses struggling to build a close and long-lasting relationship with customers by delivering the products they want and need. If merchants want to stand out from a saturated market, they must transform how they engage, interact and act with their customers, and Trust Payments is committed to helping merchants achieve exactly that.
Daniel Holden, group chief executive officer of Trust Payments, said: “We are thrilled to expand our portfolio to provide game-changing payment tools and commerce features to our customers and beyond. We specialise in helping merchants to optimise their sales through facilitating speedy and seamless payments, loyalty, and data management, and we will continue our goal of making payments simple and solving modern payment challenges globally,”