KeyBank selects BlueSnap for expanded payment gateway options

By Edlyn Cardoza

BlueSnap, a global payment orchestration platform committed to helping B2B and B2C businesses accept and optimise digital payments worldwide, announced today that it will be a provider for KeyBank’s US gateway functionality. BlueSnap’s payments orchestration platform will be available for the bank’s middle market and institutional clients in the e-commerce space. With BlueSnap, KeyBank can offer its clients more robust payment options with additional functionalities.

Scott McLaughlin, VP, Embedded Banking at KeyBank, said: “We are incredibly excited to work with BlueSnap on this new gateway reseller relationship. BlueSnap’s flexible operating model for their payment orchestration platform gives our larger middle market and institutional clients the flexibility to process additional payments globally and seamlessly.”

With one integration and contract, businesses can sell in more than 200 regions with access to local card acquiring in 47 countries, 100+ currencies and 100+ global payment types, including popular e-Wallets, automated accounts receivable, fraud protection and chargeback management, built-in solutions for regulation and tax compliance, and unified global reporting.

Ralph Dangelmaier, CEO of BlueSnap, said: “The relationship with KeyBank’s significant distribution channel showcases the market need for BlueSnap’s technology. We can now connect with and enable payments for millions of merchants and ISVs in the U.S. and internationally with the most easy-to-use, adept and scalable payments solution available in the industry.”

Recently, IBS Intelligence reported that BlueSnap had launched its Embedded Payments and Payfac-as-a-Service offering for software platforms looking to scale their customer base globally. The new embedded payments and Payfac-as-a-Service suite expand and innovate to include three new products: BlueSnap Dash™, BlueSnap Relay™ and BlueSnap Flex™. These solutions are designed to help software platforms drive revenue growth, enhance the user experience, and increase product retention.