Treasury Prime and Checkout.com partner to boost enterprise payments

By Delisha Fernandes

Treasury Prime, an embedded banking software platform, announced a strategic partnership with Checkout.com, a global payments provider. The collaboration aims to foster payment solutions that benefit enterprises and their end-users, who will work directly with Checkout.com to enable new capabilities through their platform.

Together, Treasury Prime and Checkout.com plan to launch several innovative initiatives in the coming months, the first being a new product that allows end-users to fund their accounts using their debit card credentials. The forthcoming Debit Card Funding product aims to reduce friction during the account opening process, enabling improved user experience and availability of funds.

“The collaboration on these initiatives aligns with the mission of both companies to reduce payment friction and enhance the user experience. Together, we can address the market need for improved end-user experiences and optimised payment solutions, offering FinTech clients a competitive edge,” said Mark Vermeersch, Chief Platform Officer at Treasury Prime.

The embedded banking software platform customers can contract directly with Checkout.com to leverage advanced solutions and enhance payment processes for end users. The new products and services will enable enterprises to optimise their payment workflows and access capabilities through the Checkout.com platform.

“By leveraging our technology and expertise, we can help enterprises improve payment processes and increase customer satisfaction. We look forward to continuing our partnership with Treasury Prime to provide innovative solutions that empower businesses to succeed in this ever-evolving digital landscape,” said Monique Biady, Director of FinTech at Checkout.com North America.

Treasury Prime recently announced a partnership with Cable to enhance compliance assurance and testing capabilities and the introduction of OneKey Banking. This first-of-its-kind technology enables customers to unlock the full potential of the industry’s largest bank network using instant cross-bank transfers.