Finaro, the global cross-border payment provider, and UK payments specialist and payment initiation service provider Acquired.com, announced a partnership that will enable Acquired.com (a member of the Quint Group) “to offer its customers Finaro’s tailor-made brilliantly simple acquiring services.”
Through this collaboration, Acquired.com customers will “gain access to Finaro’s simple onboarding, approval rate optimization and in-depth data analysis, as well as proactive merchant account monitoring with round the clock customer support.”
Finaro’s fully redundant payment processing technology servers “will ensure that Acquired.com’s customers can enjoy ‘uptime all the time’, as well as benefit from a smart routing solution which automatically reroutes merchant traffic in real-time to a new server if an issue occurs – minimizing losses and ensuring disruption-free payment processing.”
Achiya Fried, Chief Commercial and Strategy Officer at Finaro, said:
“Acquired.com’s customer-centric and consultative approach makes them an ideal partner for Finaro as we further expand our footprint in the UK market. Acquired.com has proven to be an extremely committed, high-quality and professional partner, and together, we have built a very promising partnership.”
Or Frankenstein Paran, Vice President of Sales and Business Development, Finaro, said:
“Using our robust payment processing services, Acquired.com customers will be able to seamlessly accept payments from across the globe, and receive personalised, adaptable solutions for their individual acquiring needs.”
As the global eCommerce market continues to grow, “with sales expected to increase 9% in 2023, and revenue expected to surpass €7tn by 2025, merchants across the globe need access to payments solutions that will efficiently facilitate the payments process, personalized to their individual needs no matter where they are in the world or to whom they are selling.”
This partnership will bolster Acquired.com’s offering and ensure merchants “have all the resources they need to thrive in the increasingly competitive eCommerce space.”
Grant Evans, Head of Partnerships at Acquired.com, said:
“We are excited to partner with Finaro to provide our customers with an even wider array of acquiring services to bolster their payment processing abilities and optimise their payment authorisation success rates, Finaro’s best-in-class solutions, proactive problem-solving abilities, and data-driven mindset made them an obvious choice for an acquiring partner. It has been a pleasure working with Finaro, and we look forward to developing our partnership further in the future.”
As noted in the update, Finaro is “a global cross-border payment provider and fully-licensed bank that empowers international commerce through brilliantly simple payments.”
Their passionate team, tech capabilities, product innovation, and customer-centric approach enables them “to simplify complexity and create multidimensional solutions that generate growth and enable peace of mind for our merchants.”
Finaro has announced its intention “to be acquired by US payment processor giant, Shift4, which is on track for completion in 2023.”