Retail technology payment. TrueCommerce, a global provider of trading partner connectivity, integration and unified commerce solutions, has entered into a new strategic partnership with international payment gateway provider Trust Payments, as it looks to broaden its offering to B2B e-commerce customers.
Leading retail technology business TrueCommerce has entered into a new strategic partnership with international payment gateway provider Trust Payments, as it looks to broaden its offering to B2B e-commerce customers.
The new relationship will enable users of TrueCommerce’s B2B e-commerce platform to implement Trust Payments’ secure, risk-free payment solutions for all online transactions. Trust Payments, which has offices in the UK, Europe and North America, interacts with a network of more than 60 banks globally and is enabling its customers to facilitate more than 60 million B2B transactions each year via online stores, virtual terminals and secure payment links.
TrueCommerce helps major manufacturers, distributors and wholesalers – including Bunzl, JCB and Greene King – to implement and develop their online retailing with trade customers. The business recently entered the UK B2B e-commerce market following the acquisition of leading platform provider, Netalogue Technologies plc.
The new relationship is expected to provide significant growth opportunities for both businesses.
David Grosvenor, managing director for the UK and Europe at TrueCommerce, said: “B2B businesses are increasingly looking to match the standards set by consumer brands for customer experience and ease of service. Meanwhile, we’re seeing a surge in demand for digital methods of trade as a result of coronavirus. Trading partners and suppliers want to carry out payments instantly, with confidence and via a range of methods – much as they would with high street retailers. Working with Trust Payments will enable our customers to deliver that all-important level of service and payment security while we ensure that all communication between their online shops and back-end systems is integrated seamlessly.”
Craig Brightly, head of direct sales and partnerships at Trust Payments, said: “We share TrueCommerce’s ethos of helping customers to grow by using intelligent software and automation to simplify their sales process. Secure and flexible payments are a critical piece of the end-to-end sales journey and, as such, we’re looking forward to sharing best practice with new customers already invested in upgrading and upscaling their B2B e-commerce operations.”
TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI, to inventory management, to fulfilment, to digital storefronts and marketplaces, to your business system, and to whatever comes next. To stay ahead in today’s dynamic global market, companies need to be able to do business in a lot of different directions at once. But too often, doing so means too many solutions and too much assembly required. For decades TrueCommerce has helped businesses be more connected, more supported, and more prepared for what’s next. That’s why thousands of companies – ranging from startups to the FTSE 100, across various industries – rely on us.
Trust Payments is a global unified payments group for global pay-in, pay-out and customer journey technologies. Services include a payment gateway with point of sale offering and US gaming platform, backed by an acquiring bank with an EU license. Our passion for customer experience extends beyond merchants to our partner and developer communities. They benefit from our 20+ years of payments experience and unrivalled customer focus. Our trusted and robust technology solutions deliver 1.6 bn transactions annually for 7000 active clients across eCommerce, mobile and Point of Sale (POS) and in 14 settlement currencies. With over 160 payment types and growing, we’re transforming the way people pay.
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