Payscout partners with Secure Trading Financial Services (STFS)
Payscout partners with Secure Trading Financial Services (STFS) to facilitate European expansion
Secure Trading Financial Services (STFS), a provider of end-to-end acquiring services, has today announced its partnership with Payscout, a US based global merchant service provider (MSP) and payment service provider (PSP). Fully regulated across Europe, STFS will enable Payscout to extend its payment gateway services into the region, allowing its merchants to operate in the European market for the first time. Payscout selected STFS for its value added services, including exceptionally quick and efficient application approvals which allow its merchants to sell online in from as little as 48 hours.
Based in the US and established throughout Latin America, the Caribbean and Asia-Pacific, Payscout is a truly global payment solution for e-commerce and card-not-present transactions. Aiming to expand its reach into the European market and to become a full risk PSP, its partnership with STFS will also allow existing, non-European customers to expand into the region.
Payscout’s choice of STFS as an acquiring merchant partner was based on its optimal end-to-end service, ease of use, flexibility and unique features. Through the partnership, Payscout’s merchants can benefit from the comprehensive reporting facilities and a merchant self-management portal, with a suite of risk management services and flexible settlement terms. One of the most attractive features for Payscout, however, was STFS’ unique paperless onboarding process, which allows merchants to board using a single online application and obtain approval from as little as 48 hours.
“It is my pleasure to announce that Payscout Inc. is now a registered ISO partner of Secure Trading,” said Cleveland Brown, CEO of Payscout. “Payscout’s mission is to support the entrepreneurial dream one transaction at a time and we have now expanded to partners in Europe that gives further global processing coverage for our clients. Secure Trading is known for their strength in technology and security to complex industries, and this partnership offers strong support for our mission.”
“Our partnership with Payscout is a great example of the value we can add to payment gateways, in this case helping them reach new frontiers,” said Mike Norton, STFS Managing Director, “We’re offering a standard of service that’s currently not available on the market – getting merchants up and running in a fraction of the time of our competitors. It’s a very compelling proposition for our partners and their merchants. With the bespoke technical connectivity we have built within the STFS system, linking up with us couldn’t be simpler, and we’re excited about expanding our partnership with Payscout.”
“Payscout Supports the Entrepreneurial Dream One Transaction at a Time.”
Payscout is a global merchant service provider (MSP) and payment service provider (PSP) with tier-one bank sponsorships in the United States, Latin America, Caribbean, Asia-Pacific and Europe. Serving small to medium businesses (SMBs) and enterprise companies alike, Payscout offers payment processing solutions for brick-and-mortar and eCommerce transactions. The company has earned acclaim as a new-generation provider of merchant banking services, specializing in online/eCommerce retailers with a predominant proportion of card-not-present (CNP) transactions; and it is one of the few providers to deliver a true global payment solution that encompasses all merchant risk verticals. Customers can access Payscout’s credit card processing services via a state-of-the-art, web-based user portal and through direct interactions with highly trained experts. In addition to supporting thousands of clients across a multitude of industries and all 50 states, Payscout maintains global partnerships with VISA USA, Bank of America Merchant Services, VISA Europe, VISA Latin America, VISA Asia Pacific, MasterCard Worldwide, China Union Pay, Deutsche Bank, First Data and Payscout Brazil. Payscout was recognized as one of America’s fastest-growing privately held companies in 2014, ranking #2,416 on Inc. magazine’s Inc. 5000 list. Within the financial services industry, Payscout placed #140 nationally and #24 in California. For more information, visit www.payscout.com.
About Secure Trading Financial Services
Launched in 2014 as part of the UC Group of companies, Secure Trading Financial Services Ltd (STFS) is a new kind of acquirer. STFS is focused on speed and simplicity for its merchants – it offers a full cross boarder acquiring service across Europe and, with its unique paperless application process, it can board merchants in a quick and efficient manner and get them live within just 48 hours. This coupled with STFS’s unique PCI DSS portal to enable its merchants to complete their self-assessment online, offers merchants all the speed and security they are looking for from their payment providers
Secure Trading Financial Services Ltd is a Financial Institution licensed by the Malta Financial Services Authority (“MFSA”) and also a Principle Member of Visa and MasterCard, enabling it to deliver an end-to-end acquiring service across Europe.