Global payment orchestration platform FinMont has partnered with US payment gateway firm, PayCompass. The new alliance will see FinMont add the innovative payment gateway solution to its global ecosystem. As a result, it facilitates and offers merchants a trusted payment gateway in the US.
FinMont launched to offer the travel industry a unique solution that streamlines not only B2C payments but also B2B payments. Combining both payments into a single view will help decision-makers identify and fix inefficiencies in their current payment processes. The firm’s mission is to help travel merchants use payments as a strategic tool to stand out from competitors.
PayCompass specialises in providing payment products tailored to travel agencies. Their solution helps OTAs accept payments in multiple currencies, manage risk, and generate virtual cards to earn revenue while paying suppliers.
FinMont platform: connecting multiple banks and providers via one simple gateway
The partnership with PayCompass will allow the global payment platform to incorporate the payment gateway into its eco-system. And so, it allows travel merchants to benefit from the flexible solutions offered by the firm.
Suby Valluri, CEO of FinMont, said: “We are pleased to announce this strategic partnership with PayCompass and incorporate their payment gateway into our global ecosystem. This strategic partnership will allow the FInMont team to offer the virtual card-issuing and other solutions to our international client base.”
Shan Abbasi, Director of Business Development at PayCompass added: “We are excited to be able to partner with the FinMont platform and incorporate our tailored travel payment solutions into their extensive ecosystem for the travel industry. Our solution will give merchants access to our payment gateways and our flexible, secure and easy-to-use virtual card issuing solution.”
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