Certegy, a leading ACH payments and risk management company, today announced a new collaboration with Trust Payments, the disruptive leader in fintech specializing in frictionless commerce and value-added services, that will bring Certegy’s white label Buy Now, Pay Later (BNPL) and BankPay offerings together with Trust Payments’ ecommerce and payment solutions to their combined merchants across the US. The partnership will premiere at the South East Acquirers Association 2022 Annual Conference.
Certegy’s white label BNPL and BankPay solutions will provide all of Trust Payments’ merchants spanning the most demanding business sectors – from travel and hospitality to crypto, gaming, and financial services – a simple and convenient way to accept payments and pay out to their customers securely. Under the collaboration, all Certegy merchants will also benefit from access to Trust Payments’ broad product portfolio including payment gateway, verification tools and webshop building technology within its all-in-one eCommerce platform, Stor.
As part of the broader relationship, Trust Payments will be bringing the Certegy BNPL solution to its merchants to offer their end customers the opportunity to split the cost of a purchase easily and securely into several interest-free installments, while the merchant is still funded immediately for the full transaction. BankPay will allow Trust Payments merchants another simple and safe way for customers to make payments by connecting their preferred bank informationaccount. This digital, direct payment solution will enable Trust Payments merchants to enjoy lower risk and lower costs. For Certegy merchants that require a payment platform solution, BNPL and BankPay can be leveraged using the same payment credentials making the overall experience for the merchant convenient and frictionless – delivering a full services solution provided by the collaborative Trust Payments and Certegy partnership.
Stor, recently acquired by Trust Payments, is a powerful eCommerce platform that enables merchants to sell online direct to consumers. With extensive, easy-to-use built-in features, it’s the simple and fast way to build and scale an online shop, without the usual headaches and costs.
“We are excited to take this next step in the expansion of our innovative BNPL and BankPay offerings with our partnership with Trust Payments and to benefit from being able to offer their expansive portfolio of innovative products and services, including Stor to our customers,” said Greg Lipari, VP Strategy & Commercial Development, Certegy.