Payscout, a U.S. global payment service provider, partners with European card acquirer Secure Trading Financial Services (STFS). STFS will enable Payscout to extend payment gateway services into the European region, and to offer its merchants online card acceptance.
Bridge to European e-commerce markets
Based in the U.S., with an established footprint throughout Latin America, the Caribbean and Asia-Pacific, Payscout is expanding its global e-commerce and card-not-present services into Europe and offering full risk online payment services through this new partnership. The alliance allows existing and prospective Payscout merchant customers with an avenue for extending business services into various European markets.
Swift application and boarding process
Along with access to European acquiring services, Payscout merchants will have the benefits of the STFS self-management portal, convenient tools for viewing transaction activity and producing comprehensive transaction reports, a suite of risk management services, and flexible settlement terms. STFS also offers a unique paperless application and onboarding process, enabling approved merchants to begin selling online in a short turn-around time period.
'Reach new frontiers'
"Our partnership with Payscout is a great example of the value we can add to payment gateways, in this case helping them reach new frontiers," said Mike Norton, STFS Managing Director.
"We're offering a standard of service that's currently not available on the market - getting merchants up and running in a fraction of the time of our competitors. It's a very compelling proposition for our partners and their merchants. With the bespoke technical connectivity we have built within the STFS system, linking up with us couldn't be simpler, and we're excited about expanding our partnership with Payscout."
Payscout is a global merchant service provider (MSP) and payment service provider (PSP) with tier-one bank sponsorships in the United States, Latin America, Caribbean, Asia-Pacific and Europe. Serving small to medium businesses (SMBs) and enterprise companies alike, Payscout offers payment processing solutions for brick-and-mortar and eCommerce transactions. Payscout maintains global partnerships with VISA USA, Bank of America Merchant Services, VISA Europe, VISA Latin America, VISA Asia Pacific, MasterCard Worldwide, China Union Pay, Deutsche Bank, First Data and Payscout Brazil.
Payscout was recognized as one of America’s fastest-growing privately held companies in 2014, ranking #2,416 on Inc. magazine’s Inc. 5000 list. Within the financial services industry, Payscout placed #140 nationally and #24 in California.
About Secure Trading Financial Services
Launched in 2014 as part of the UC Group of companies, Secure Trading Financial Services Ltd (STFS) is a new kind of acquirer. STFS is focused on speed and simplicity for its merchants - it offers a full cross boarder acquiring service across Europe and, with its unique paperless application process, it can board merchants in a quick and efficient manner and get them live within just 48 hours.
Secure Trading Financial Services Ltd is a Financial Institution licensed by the Malta Financial Services Authority ("MFSA") and also a Principle Member of Visa and MasterCard, enabling it to deliver an end-to-end acquiring service across Europe.