Paysafe, an international payments company headquartered in London, announced in a press release Wednesday (Sept. 21) that it is joining Spreedly’s Partnership Program — an “inclusive ecosystem which offers multiple payments services globally, with 120+ available integrations from a single point of connection.”
The partnership between Paysafe and Spreedly launched in the UK and mainland Europe, but the two companies plan to extend their collaboration to North America and Latin America.
Although the expanding Spreedly Partnership Program is helping to offer merchants a wider variety of payment options, whether online or in-store, when PYMNTS spoke to the company’s director of product and customer experience, Nicky Schardt, she said that merchants shouldn’t assume that more is better and that it’s all about offering the right payment methods rather than as many as possible.
Read on: Retailers Walk Fine Line Over How Much Payment Choice to Offer
Commenting on the news, Rob Gatto, chief revenue officer at Paysafe, said: “Spreedly’s Partnership Program has an exciting vision to offer businesses the opportunity to easily test and add new payment services through its ecosystem, which in turn can bolster all-important customer acquisition and retention efforts.”
He added, “We are delighted to bring Paysafe’s powerful payments solutions to this ecosystem and are looking forward to a successful collaboration.”
Joining Gatto, Bill Ryan, vice president of global sales at Spreedly, stated in the release:
“Our partners join our program to signal to the market their commitment to building an inclusive payments ecosystem, full of potential for payment services providers as well as the merchants, merchant aggregators, and marketplaces.
“We welcome the addition of Paysafe’s innovative and robust payment solutions as we continue to see incredible growth in transaction volume throughout the EU driven by merchants and merchant aggregators interested in the benefits of Payments Orchestration.”
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