Certegy and Trust Payments to Collaborate on Offerings to Improve Online Shopping Experiences

CLEARWATER, Fla. & ROSWELL, Ga.–(BUSINESS WIRE)–Certegy, a leading ACH payments and risk management company, today announced a new collaboration with Trust Payments, the disruptive financial technology leader specializing in frictionless commerce and services at added value, which will bring Certegy’s white label Buy Now, Pay Later (BNPL) and BankPay offerings as well as Trust Payments’ e-commerce and payment solutions to their combined merchants across the United States. The partnership will premiere at the 2022 South East Acquirers Association Annual Conference.

Certegy’s white label BNPL and BankPay solutions will provide all Trust Payments merchants spanning the most demanding industries – from travel and hospitality to crypto, gaming and financial services – with an easy and convenient to accept payments and pay their customers securely. As part of this collaboration, all Certegy merchants will also gain access to Trust Payments’ extensive product portfolio, including payment gateway, verification tools and online store building technology within its platform. all-in-one e-commerce platform, Stor.

As part of a broader relationship, Trust Payments will bring the Certegy BNPL solution to its merchants to offer their end customers the ability to easily and securely split the cost of a purchase into interest-free installments, while the merchant is always funded immediately for the complete transaction. BankPay will offer Trust Payments merchants another easy and secure way for customers to make payments by connecting their preferred bank account. This digital direct payment solution will allow Trust Payments merchants to benefit from reduced risks and costs. For Certegy merchants who need a payment platform solution, BNPL and BankPay can be operated using the same payment credentials, making the overall merchant experience convenient and frictionless – offering a complete service solution provided by the collaborative partnership Trust Payments and Certegy.

Stor, recently acquired by Trust Payments, is a powerful e-commerce platform that allows merchants to sell directly to consumers online. With extensive and easy-to-use built-in features, it’s the quick and easy way to build and scale an online store, without the usual headaches and costs.

“We are delighted to take this next step in expanding our innovative BNPL and BankPay offerings with our partnership with Trust Payments and benefit from the opportunity to offer our customers their extensive portfolio of innovative products and services, including Stor “said Greg Lipari, vice president strategy and business development, Certegy. “As digital payments continue to grow and evolve, it will become crucial for businesses to free themselves from the hassle of providing BNPL and direct payment solutions to their customers. The combined offerings will give thousands of merchants the added benefit of offering payment flexibility options to their consumers, without redirecting them to a third party site – combined with the expertise of Trust Payments, this will really help to make the whole payment process easier and more transparent.”

Launched in 2021, Certegy’s white-label BNPL solution for mid-market and enterprise customers is built on Certegy’s BankPay payment technology platform. Fueled by top-notch verification and risk management, the payment platform processes more than $2 billion in ACH transactions each year, representing significant cost savings for merchants compared to credit or debit transactions.

“Our mission is to help merchants optimize their business growth by creating and facilitating enhanced digital commerce experiences for customers, connecting traditional and emerging verticals in a responsible way. As we continue to help small businesses struggling with digitization strategies, this partnership with Certegy will give them the access to provide BNPL and BankPay options in a safe and easy-to-use way to our merchants and will open doors for us to collaborate. with their customers too,” said Jonathan O’Connor, Chief Commercial Officer and CEO of Trust Payments in the United States. “We are delighted to partner with Certegy to provide a full service solution in response to multi-faceted clients where we jointly deliver compliance and payment services to continue to add more value to our clients and deliver our Trust solutions. payments to the needs of their consumers.”

About Certegy

Certegy is a leading provider of payment and risk management technologies for retailers and financial institutions in North America. Leveraging over 60 years of payments experience, Certegy integrates AI, machine learning and other innovations into its platform to securely meet today’s growing demand for digital payments. . Our technology enables businesses to extend their payment mix with ACH payments, leveraging our proprietary authorization systems, algorithms and decision-making risk assessment platform to deliver low-risk transactions. and at low cost via mobile, web and point of sale. Analyzing up to 15 million transactions per month, Certegy’s platform, product suite and expertise are trusted by thousands of well-known merchants for digital transaction success.

To learn more, visit www.certegy.com.

About Fiduciary Payments

Trust Payments, the disruptive fintech leader specializing in seamless payments and value-added services for SMEs. We provide pay-as-you-go and banking-as-a-service to help businesses grow and scale online, in-store and on mobile. Trust Payments combines these services with powerful tools, such as loyalty management and instant e-commerce, engaging new innovative payment methods in cryptocurrencies and wire transfers to drive Converged Commerce™.

Focusing on the small and medium business sector in the UK, EU and US, Trust Payments creates value for our customers through personalized services, secure and smooth payments and innovative products . Trust Payments has a global footprint, with over 400 people across 10 offices supporting the most demanding industries, from travel and hospitality to crypto, gaming and financial services, and a network of acquisition of more than 50 global banks and hundreds of alternative payment methods.

Trust Payments holds major Visa and Mastercard memberships in the EU for cross-border business, licensed by both the Malta Financial Services Authority and the UK Financial Conduct Authority, and holds licenses in 6 US states to make regulated payments in the games. To learn more, visit trustpayments.com.

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