Partnership gives merchants access to flexible acquiring solutions that support innovation and growth
London 13th April 2021 Digital payments provider, Paydoo, has partnered with technology company Tribe Payments to provide processing, gateway and POS services across the UK and Europe. Under Tribe’s acquirer processing programme, Paydoo will gain instant access to the latest technology to manage their merchants’ success and support ongoing growth.
With merchants embracing omnichannel payments, they require increasing customisation across multiple verticals. As payments become more complex and customers more demanding, there is a clear need to provide a payments-in-a-box solution; putting merchants in charge when it comes to real-time reporting and value-added services.
“We are excited to partner with Tribe to offer our merchants the unrivalled experience and improved service levels that our customers deserve,” said Sam Kohli, Founder of Paydoo. “Since its conception, Paydoo has dedicated itself to offering Acquiring-as-a-Service; providing much-needed versatility, reliability, and transparency for payments on and offline. Our value lies in the ability to provide integrated payments for the needs of all merchants – and Tribe is enabling us to do just that.”
“The modularity of Tribe’s technology will allow Paydoo to quickly incorporate a number of products into their offering, to enable true omnichannel payments and support options that are growing in popularity, such as subscription payments.” said Alex Reddish, Chief Commercial Officer of Tribe Payments “We are excited to partner with Paydoo as we continue to strengthen our acquiring platform.”
The payment processing element of the partnership is already live, with gateway, POS and SoftPOS services all set to follow over the next few months; helping Paydoo to deliver a full range of flexible acquiring solutions to support merchants who want to innovate and grow.
Paydoo Payments is an authorised and registered E-money Institution, with its license passported across 31 European Union member states. Paydoo provides Visa and Mastercard card acquiring services in Card Not Present (CNP) and Card Present (CP) environments. As well as offering these services, Paydoo offers in-house developed technology including tools to optimise smart merchant onboarding, automated boarding logic, risk management, monitoring interfaces, and payout reporting for ISO’s, ISV’s, IPSPs. Paydoo has positioned itself as a technology company that provides integrated payment solutions offering what is called acquiring-as-a-service as its flagship product.
About Tribe Payments
Tribe Payments provides modular technology to banks, fintechs and acquirers, enabling them to offer innovative payments services without compromising on speed, scalability or quality.
Tribe’s core platform – ISAAC – supports issuer and acquirer processing and offers a range of API-led enhanced services including a proprietary 3D Secure solution, data insights fraud and risk monitoring. Tribe’s technology stack also includes its Digital Banking, Bank Connect and Open Banking solutions which give fintechs and payments companies fast, easy access to banking rails and financial services capabilities.
Tribe’s cloud-based services provide clients and partners with enhanced flexibility and rapid speed to market, along with the ability to scale, expand across borders, and work better in complex regulatory environments.
Launched in 2019, Tribe is a pioneering payment technology provider. Tribe was the first processor to allow service providers to harness the power of Open Banking without developing their own APIs. As Europe’s first issuer processor to work with Mastercard, Visa and UnionPay International, Tribe supports unrivalled connectivity for card payments. And with PCI Level 1 compliance and supported by Level 4 data centres, Tribe builds global scale, safely and securely.
Find out more: https://tribepayments.com/