emerchantpay and Propel have announced a new partnership to collaborate on “finance card payment terminals,” according to a statement by the two companies.
emerchantpay is a global payment service provider for online, mobile, in-store, and over-the-phone payments. Propel is a specialist asset finance lender, helping more than 40,000 businesses across the UK.
The partnership will allow emerchantpay to offer financing products across card payment terminals. Propels “Propeller” platform aims to optimise the sales process for emerchantpay sales teams and partners. emerchantpay stated that it is also launching a customer onboarding platform that will integrate with the Propeller platform.
emerchantpay partnership with Propel will see card terminal financing solutions offered to a range of business customers.
Jon Horddal, Chief Product Officer at emerchantpay, said they are delighted to be partnering with Propel, explaining that the partnership will enable emerchantpay to offer flexible finance solutions in a digital framework.
“The partnership will enhance the services we provide for our customers and enable our partners to accelerate their growth in an ever-changing payments landscape.”
Jon Maycock, Commercial Director at Propel, added that post pandemic, SME merchants will add real value to the economy:
“We are excited to be partnering with emerchantpay. The significant value that their payment services provide to the SME community underpins the liquidity of the retail industry. We are delighted to support them with transparent finance solutions that protect the merchants and allow them to access funding that is quick, simple and easy to understand.”