BUSINESS

FreedomPay-Stripe Partnership To Facilitate Businesses Unify Commerce

11/10/2024 11:29 AM

KUALA LUMPUR, Oct 11 (Bernama) -- FreedomPay, an innovative leader in Next Level Commerce technologies has partnered Stripe, a financial infrastructure platform for businesses, to make it easier for enterprises to unify commerce.

According to FreedomPay, the partnership makes it possible for virtually any enterprise to use Stripe for online and in-person payments alongside their existing commerce tools.

“Many of the largest businesses in the world already use FreedomPay and they have been telling us they would love to see Stripe join our growing ecosystem of connectivity.

“We are excited that our merchants can now modernise their systems and grow their revenue with Stripe,” said FreedomPay President, Chris Kronenthal in a statement.

FreedomPay aggregates hundreds of different point of sale (POS) systems and dozens of payment devices and commerce integrations onto a single platform.

Meanwhile, Stripe helps businesses process payments online and in person; offers advanced fraud protection powered by machine learning; optimises authorisation requests for issuers to boost revenue; and maintains industry-leading reliability.

Together, FreedomPay and Stripe will provide enterprises with flexibility and modularity, the ability to add Stripe to an existing set of commerce tools, without requiring significant development resources.

With this partnership, enterprises including hotels, retailers, and food & beverage providers, can now take advantage of Stripe’s platform, including those that already use FreedomPay.

Furthermore, in one place, they will be able to manage payments, loyalty programmes, and customer analytics, among others.

-- BERNAMA


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