Certegy Reaches a Partnership with Trust Payments

ACH (Automated Clearing House) payments and risk management company Certegy has reached a partnership with fintech firm Trust Payments, giving their combined US merchants access to Certegy's white-label BNPL (buy now, pay later) and BankPay offerings, as well as Trust Payments' ecommerce and payment solutions.

Certegy's white-label BNPL and BankPay solutions will provide merchants using Trust Payments with a wider range of payment services, including travel spending, hotel stays, crypto, gaming and other financial services. Merchant will accept payments and pay out to their customers more conveniently and securely. Meanwhile, Trust Payments will also provide Certegy merchants with broad product portfolio including payment gateways, verification tools and webshop building technology within its all-in-one eCommerce platform, Stor.

Greg Lipari, the VP of Strategy & Commercial Development at Certegy, said: "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. The combined offerings will give thousands of merchants the added benefit of offering payment flexibility options to their consumers without redirecting them to a third-party site combined with Trust Payments' expertise, this will truly help to make the entire checkout process easier and more seamless.”

"As we continue to help small businesses that struggle with digitization strategies, this partnership with Certegy will give them the access to provide BNPL and BankPay options in a safe and easy-to-use way to our merchants and open doors for us to collaborate with their customers too," said Jonathan O'Connor, U.S. Formalities Commercial Officer and CEO, Trust Payments. "We're excited to partner with Certegy to deliver a full service solution in response to multifaceted clients where we jointly deliver compliance and payments services to continue to add more value to our customers and deliver our Trust Payments solutions to their consumers' needs."

Trust Payments completed the acquisition of Stor technology at the beginning of this year and launched Stor, an e-commerce platform for small and medium-sized enterprises, in March. The platform aims to provide its partners with e-commerce solutions to help their merchants expand their business.

In addition to Certegy, Trust Payments has established partnerships with financial risk management platform Feedzai and payment coordination service provider BR-DGE, and further expanded its relationship with Fiserv this month.