Trust Payments Expands Fiserv Relationship to Enable Long-Term Growth
Multi-year agreement extends existing relationship and adds robust acquiring-as-a-service capabilities
The emergence of AqaaS has made it possible for a broad range of fintechs beyond financial institutions or large payment processers to become merchant acquirers, enabling the acceptance of card payments for their own clients.
“Enabling card payment acceptance is a must for any company looking to include payments as part of their services mix. And, for fintechs offering payment acceptance, the selection of a processing partner is critical, as their advice, experience, flexibility and reliability have a strategic impact on business operations and growth,” said
Trust Payments is seeing rapid growth, with a 73% increase in total revenues last year, as more merchants recognised the need for digitisation of payments and commerce, partially fuelled by the rise in contactless spending and the need to meet growing customer demand for omnichannel experiences.
"Trust Payments has had a successful, long-standing relationship with
Trust Payments is also one of the first businesses to utilise the
“Fiserv has demonstrated its commitment to invest in its technology and processing services in the coming years, which will be pivotal to Trust Payments’ delivery of data and services to our clients via on-demand APIs and SDKs,” said Holden. “This partnership will enable us to continue providing our merchants with the most innovative global commerce services.”
In a world that is moving faster than ever before,
About Trust Payments
Trust Payments is a disruptive leader in fintech, specialising in frictionless payments and value-added services for online and offline merchants. We provide on-demand Payments and Banking-as-a-Service to help businesses grow and scale online, in-store, and on mobile. Combining these omnichannel services with powerful tools, such as retail operations technology, loyalty management and instant eCommerce, Trust Payments is constantly engaging new, innovative payments methods in crypto and bank transfers to drive Converged Commerce™. Trust Payments has a global footprint, with over 400 people across 10 offices supporting the most demanding business sectors -- from retail, travel and hospitality to crypto, gaming, and financial services. We have an acquiring network of over 50 global banks and hundreds of alternative payment methods. Trust Payments holds
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