Barclaycard has signed a partnership agreement with payments platform FreedomPay, giving its users access to the firm’s Commerce Platform.
According to FreedomPay, the new collaboration will provide “a seamless end-to-end payment experience to Barclaycard customers.”
The FreedomPay Commerce Platform supports merchants and enterprises. The company claims its platform offers flexibility for enterprises operating across borders, industries, point of sale, and merchant service providers.
“This exciting new partnership shows our ambition to offer customers best-in-class payment solutions that help them grow,” says Nicole Olbe, managing director of partnerships at Barclaycard.
“The FreedomPay platform complements and enhances our own and gives benefits to merchants – particularly in the hospitality and leisure sector – to help them offer the best payment experience possible to their customers.”
Founded in 2000 and headquartered in Philadelphia, FreedomPay develops gateway card processing systems. In 2014 it became the first platform solution in North America to gain PCI validation.
Its partners include First Data, Microsoft, Compass group, and Ingenico.
Chris Kronenthal, president and CTO of FreedomPay, says his firm has “ambitious” expansion plans across Europe.
“Barclaycard is a critical acquiring partner of scale, with a reputation for trust and security,” he adds.
“FreedomPay’s global reach is unique in the world of commerce and working with Barclaycard we will strengthen our capabilities across all continents. We are very excited to see the partnership prosper.”
via FinTech Futures – https://bit.ly/2OxJ8jN