Certegy and Trust Payments collaborate to enhance online shopping experiences
By Joy Dumasia
Certegy, an ACH payments and risk management company, announced a new collaboration with Trust Payments, the disruptive leader in FinTech specializing in frictionless commerce and value-added services, that will bring Certegy’s white label Buy Now, Pay Later (BNPL) and BankPay offerings together with Trust Payments’ eCommerce and payment solutions to their combined merchants across the US. The partnership will premiere at the South East Acquirers Association 2022 Annual Conference.
“We are excited to take this next step in the expansion of our innovative BNPL and BankPay offerings with our partnership with Trust Payments and to benefit from being able to offer their expansive portfolio of innovative products and services, including Stor, to our customers,” said Greg Lipari, VP Strategy & Commercial Development, Certegy. “As digital payments continue to grow and evolve, it will become crucial for businesses to take the hassle out of providing BNPL and direct payment solutions to their clients. 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 Trust Payments’ expertise, this will truly help to make the entire checkout process easier and more seamless.”
Certegy’s white label BNPL and BankPay solutions will provide all Trust Payments’ merchants spanning the most demanding business sectors from travel and hospitality to crypto, gaming, and financial services, a simple and convenient way to accept payments and pay out to their customers securely. Under the collaboration, all Certegy merchants will also benefit from access to Trust Payments’ broad product portfolio, including payment gateway, verification tools and webshop building technology within its all-in-one eCommerce platform, Stor.
Trust Payments will be bringing the Certegy BNPL solution to its merchants to offer their end customers the opportunity to split the cost of purchase easily and securely into several interest-free instalments while the merchant is still funded immediately for the full transaction. BankPay will allow Trust Payments merchants another simple and safe way for customers to make payments by connecting their preferred bank account. This digital, direct payment solution will enable Trust Payments merchants to enjoy lower risk and lower costs. For Certegy merchants that require a payment platform solution, BNPL and BankPay can be leveraged using the same payment credentials making the overall experience for the merchant convenient and frictionless – delivering a full services solution provided by the collaborative Trust Payments and Certegy partnership.
“Our mission is to help merchants optimize business growth by creating and facilitating enhanced digital customer commerce experiences, bridging traditional and emerging verticals and markets in a responsible way. As we continue to help small businesses that struggle 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 open doors for us to collaborate with their customers, too,” said Jonathan O’Connor, Chief Commercial Officer & CEO of US, Trust Payments. “We’re excited to partner with Certegy to deliver a full-service solution in response to multifaceted clients where we jointly deliver compliance and payments services to continue to add more value to our customers and deliver our Trust Payments solutions to their consumers’ needs.”
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