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Trust Payments chosen by CaratiPay as acquiring partner

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Published in: Acquiring
Trust Payments chosen by CaratiPay as acquiring partner

Trust Payments, a leader in fintech powering truly innovative customer commerce solutions, has agreed a new partnership to provide acquiring services to Cyprus based consultancy CaratiPay.

CaratiPay is a new emerging payments platform dedicated to simplicity, speed and user experience, complemented by advanced security and fraud- monitoring systems. Working with Trust Payments, they will offer now full acquiring capabilities to their merchants across the EU & UK.

 
 

“We’re delighted that CaratiPay have chosen to work with Trust Payments to offer acquiring to its broad customer base. Trust Payments’ acquiring plays a crucial role when funds are being captured – we calculate all associated fees and ensure the correct transaction amount is reliably transferred to a merchant’s bank account.”

 

Yeseniia Marchenko
Head of EU Sales, Trust Payments

The Trust Payments acquiring service handles all card payment requests and works with card schemes to seek authorisation of transfer on behalf of merchants and accepts payments in over 100 currencies, as well as support for settlement in 14 currencies.

The offering is licensed and regulated by the Financial Conduct Authority in the UK and the Malta Financial Services Authority in the EU and includes assistance with handling of chargebacks and disputes.

Marvin Abela, Founder of CaratiPay, said: “It’s exciting to be partnering with Trust Payments and adding their acquiring capabilities to the growing CaratiPay platform. They will offer a great service to our merchants in making transactions seamless and helping to ensure they are always able to accept fast, optimised and cutting-edge payments.”

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Security is our top priority at Trust Payments and we strive to ensure that all data is kept secure at all times We keep all customer data safe with AES256 encryption, SSL Certificates, and a minimum of TLS1.2, between your website and our datacentres.

Our systems are scanned quarterly using the Qualys PCI Platform, an independent Qualified Security Assessor (QSA) and approved vendors – Omnicybersecurity (UK) & Forgenix (US) – to ensure compliance with the security requirements of the card schemes.

We follow a number of rigorous security procedures on a daily basis including, but not limited to, continuous monitoring of our perimeter, dark web monitoring, and internal checks to ensure that CIA triad is maintained at all times.