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Trust Payments Acquires WonderLane to Expand Retail Omnichannel Solutions

Trust Payments acquires WonderLane

Trust Payments, the disruptive leader in fintech specialising in frictionless payments and value-added services, is pleased to announce the acquisition of retail technology leaders, WonderLane.

The move enables Trust Payments to provide innovative retail operations technology solutions to any shop with its electronic point of sale (ePOS) offering, enabling truly omnichannel commerce and payments solutions – all of which supports the growing trend for self-checkouts and wireless contact payments on-the-move.

WonderLane partners with global retailers to connect and deliver exceptional customer experiences in store and online through intelligent, fit-for-purpose technology. Cloud-native, Android-based technologies deliver real-time, remotely configurable systems, speeding up the checkout process, engaging customers and providing a single view of products, customers and inventory.

The acquisition will expand Trust’s retail proposition, enabling it to provide unequalled products within a single platform. It comes at a time when consumers expect transactional processes with retailers to be as seamless and convenient as possible – this can only be achieved by bringing payments and retail operations together.

“It is a natural extension for Trust Payments to acquire WonderLane and combine their retail operations technology expertise with our vision for payments across Converged Commerce™. We will accelerate our expansion and retail expertise to support self-checkout kiosks, mobile based click & collect services or smaller Android-based mobile payment units for smaller enterprises looking to offer contactless payments.”

Daniel Holden
CEO, Trust Payments

“We are delighted that WonderLane has become part of the Trust family. WonderLane and Trust’s complimentary product set will help to ensure that customers can benefit from innovative payments solutions and an expanded product suite. Trust Payments also has exceptional retail knowledge, commitment to excellence and a long-term drive to innovate, which is sure to help our merchants meet the continued wave of digitisation in the retail space.”

Martin Hartley
Director, WonderLane


About Trust Payments

Trust Payments is a disruptive leader in fintech, providing on-demand Banking-as-a-Service and Payment services to help businesses grow and scale online, in-store, and on mobile.

Trust Payments combines these services with powerful tools, such as loyalty management and instant eCommerce, by engaging new innovative payments methods in crypto and bank transfers to drive Converged Commerce™.

Focusing on the SME sector in the UK, EU and US, Trust Payments drives value for our clients through personalised service, secure and frictionless payments and innovative products.

Trust Payments has a global footprint, with over 400 people across 10 offices supporting the most demanding business sectors, from travel and hospitality to crypto, gaming and financial services, and an acquiring network of over 50 global banks and hundreds of alternative payment methods.

Trust Payments holds Visa and Mastercard Principal Memberships in the EU for cross-border business, licenced by both the Malta Financial Services Authority and UK Financial Conduct Authority, and holds licences in 7 US States to carry out regulated payments in gaming.

Find out more at trustpayments.com or check us out on Facebook, Twitter and LinkedIn.

By |2022-02-01T15:39:06+00:00February 1, 2022|Blogs, Events, News, Retail|Comments Off on Trust Payments Acquires WonderLane to Expand Retail Omnichannel Solutions

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