Finaro, MultiPay to offer unified payment acceptance in the Nordics & UK

By Gloria Methri

Finaro, the global cross-border payment provider has entered a partnership with MultiPay to boost in-store and online payment acceptance for merchants throughout the Nordics and UK.

In a move to simplify the disjointed payments landscape in the two regions, the new partnership will enable Finaro and MultiPay to offer a unified POS solution for merchants.

With Finaro acting as the acquirer for MultiPay’s certified terminals, the two companies will launch a new solution to drive in-store acceptance of international and local cards, as well as alternative payment methods including digital wallets. In addition, thanks to its new function as a payment service provider (PSP) with Finaro, MultiPay will be able to process transactions for eCommerce merchants looking for a unified solution.

Due to its new partnership with Finaro, MultiPay will be able to boost in-store and online payment acceptance rates across a wider range of merchant verticals in these regions.  MultiPay will leverage Finaro’s payments and acquiring capabilities, fast onboarding capabilities, robust gateway platform, record in boosting transaction approval rates, and customer service.

David Maisey, Chief Executive Officer at MultiPay Global Solutions, commented, “Finaro and MultiPay’s partnership is an exciting leap forward for merchants across the Nordics and UK. MultiPay is one of the few international PSPs that fully covers merchants’ every need including regional important payment networks and payment methods, such as BankAxept, and increasingly popular alternative payment methods (APMs) like digital wallets and instant payments. Through this new partnership with Finaro, we can help merchants of every size across these regions drive growth by enabling quick and seamless transactions, no matter how their customers choose to pay.”

Achiya Fried, Chief Commercial and Strategy Officer at Finaro, commented, “It is exciting to see our footprint in the Nordics and UK grow, and we are delighted to be partnering with MultiPay to create a better payments infrastructure for merchants in these markets. The combination of Finaro’s payments and acquiring, and MultiPay’s flexible, payment processing options will create an unrivalled solution for retailers and eCommerce merchants who wish to unify their commerce through integrated platforms.”