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FreedomPay, a digital commerce platform, cast a strategic partnership with micro-donation charity Pennies this week.
The partnership will combine Pennies into FreedomPay’s expertise stack.
Based mostly in London, Pennies has facilitated almost 200 million micro-donations since inception.
Digital commerce platform FreedomPay introduced a brand new strategic partnership with micro-donation charity Pennies this week. By way of the partnership, FreedomPay will combine Pennies into its expertise stack in what FreedomPay SVP of International Product Supply Tony Hammond known as “a big milestone within the fusion of commerce and philanthropy, empowering companies to create a significant impression whereas making certain a clean fee expertise for his or her clients.”
FreedomPay affords a Subsequent Degree Commerce platform that provides retailers a cloud-based resolution for quick, safe funds. FreedomPay helps be certain that retailers have entry to probably the most trendy fee sorts and applied sciences. The corporate additionally helps various fee strategies similar to cellular wallets. FreedomPay manages billions of fee transactions a yr; has greater than 1,000 POS, PMS, kiosk, net, and cellular integrations; and serves clients in additional than 75 international locations all over the world.
Launched in 2010 and headquartered in London, Pennies has partnered with greater than 120 manufacturers and facilitated almost 200 million micro-donations. The corporate’s expertise permits shoppers who’re paying by card or digital pockets so as to add a small donation to their buy when transacting with taking part manufacturers. The entire funds raised by Pennies go to charity, whether or not or not the transaction takes place in-store, on-line, or in-app. The corporate has helped increase thousands and thousands of kilos to fund charities within the U.Okay., the Republic of Eire, and elsewhere. This week’s announcement implies that FreedomPay retailers will be capable of allow the Pennies micro-donation possibility as a part of their transaction course of.
“FreedomPay’s values align with Pennies personal dedication to creating giving easy, day-after-day, making certain clients have inexpensive methods to donate and enabling manufacturers to generate actual social impression,” Pennies CEO Alison Hutchinson stated.
Headquartered in Pennsylvania, FreedomPay was based in 2000. The corporate has raised greater than $23 million in funding, and consists of Goldman Sachs, Core Capital Companions, and TPG amongst its traders. Final month, FreedomPay renewed and expanded its strategic partnership with Lloyds Financial institution. In September, the corporate introduced the combination of Amazon’s ID service into FreedomPay’s platform.
“With FreedomPay’s commerce tech, shoppers and retailers achieve entry to world-class expertise, together with our seamless tokenization capability,” FreedomPay President Chris Kronenthal stated when the Amazon integration was introduced. “This function enhances knowledge safety whereas delivering the seamless, personalised experiences shoppers love.”
Photograph by Pixabay
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