Evolve and BT join forces to take accelerate payment processing
By Gloria Methri
Managed networks and IT provider Evolve will now be able to support card transaction routing via BT Cardway. By directly interfacing with BT Cardway, Evolve can now offer its customers across the UK and Europe payment traffic routing with one of the UK’s most established payment routing service providers.
BT Cardway is a portfolio of solutions that helps businesses accept credit cards in person to secure and manage their networks. It offers a secure, flexible, and cost-effective payment infrastructure, connecting merchants with their acquirers or payment processors. By aggregating multiple payment transactions, the acquirer or payment processor is presented with a single interface.
The new agreement, which includes the interfacing of Evolve’s SD-WAN offering into BT Cardway, means Evolve customers can route payment traffic into diverse services via BT. The pairing will allow Evolve’s diverse customer base across the retail, hospitality, food-to-go, and fuel sectors, particularly in the UK, to benefit from its most efficient and secure payment routing yet.
Alan Stephenson-Brown, CEO of Evolve Business Group, said, “We are always looking for new ways to support our customers, and with the scale to transport billions of credit and debit card payments and cash machine transactions per annum, BT Cardway is a great way to provide a wide range of connectivity options.”
“Previously, if our merchants encountered a problem with their data center and were unable to route transactions, it would be a single point of failure. Now we have interfaced the Evolve core SD-Wan into BT Cardway’s structure, we can route customer credit and debit card transactions to processors and acquirers more effectively.”
The move means Evolve can offer its customers the option to route their transactions to Barclaycard via BT and TNS, and can interface to WorldPay.
Marie Boycott, Head of Payments, BT said, “It is great to onboard Evolve as a new customer, giving access to the banks and processors we support. The BT Cardway service is used by banks, card schemes, financial institutions, payment service providers, retailers, and specialist transaction processors. Now we can also enable Evolve to offer card transaction routing to its global customer base via BT Cardway, and are confident they will benefit from reduced operational costs and risk.”
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage