Stripe and FreedomPay Collaborate for Enterprise Solutions over 1,000 POS Systems

Stripe has partnered with FreedomPay to offer more
flexibility in enterprise-level payments. While many businesses already use
Stripe’s Terminal with custom point-of-sale (POS) apps, larger companies often
prefer their existing systems.

Unified Commerce Solutions Launched

Chris Kronenthal, President of FreedomPay, Source: LinkedIn

FreedomPay offers a range of commerce solutions, integrating
POS systems, payment providers, and loyalty programs.

The collaboration with
Stripe will enable businesses to use Stripe’s services, including fraud
protection and payment optimizations, alongside more than 1,000 POS systems and
third-party card readers supported by FreedomPay.

One of the key features of the partnership is unified
reporting. For companies that operate across multiple payment processors or
business lines, this will allow them to view all payment data in one place.
This feature is expected to benefit businesses with complex operations, such as
hotels and restaurant chains.

“We are excited for this partnership to combine FreedomPay’s
advanced payment tech functionality with Stripe’s industry-leading payments
reliability and innovation. Together we can better serve more large enterprises
and power their unified commerce needs,” said Chris Kronenthal, President of
FreedomPay.

Expanding Direct POS Connectors

In addition to the FreedomPay partnership, Stripe has
expanded its list of direct POS connectors. These connectors make it easier to
integrate Stripe’s Terminal SDK with third-party POS systems. New connectors
include those for Cegid and Oracle Xstore, joining earlier connectors for Adobe
and Oracle OPERA.

For example, Colombian retailer Tennis used Stripe’s Cegid
connector to streamline online and in-store payments in the US, which reduced
checkout times and errors.

Stripe is also investing in contactless payment solutions,
such as Tap to Pay on Android. This feature allows businesses to accept
payments directly on Android devices. Companies like Qromo and HitPay are
already using Tap to Pay across different devices.

The company is also exploring other uses of NFC technology,
including “Tap to Add” and “Tap to Verify,” to improve
customer experience and security.

Stripe has partnered with FreedomPay to offer more
flexibility in enterprise-level payments. While many businesses already use
Stripe’s Terminal with custom point-of-sale (POS) apps, larger companies often
prefer their existing systems.

Unified Commerce Solutions Launched

Chris Kronenthal, President of FreedomPay, Source: LinkedIn

FreedomPay offers a range of commerce solutions, integrating
POS systems, payment providers, and loyalty programs.

The collaboration with
Stripe will enable businesses to use Stripe’s services, including fraud
protection and payment optimizations, alongside more than 1,000 POS systems and
third-party card readers supported by FreedomPay.

One of the key features of the partnership is unified
reporting. For companies that operate across multiple payment processors or
business lines, this will allow them to view all payment data in one place.
This feature is expected to benefit businesses with complex operations, such as
hotels and restaurant chains.

“We are excited for this partnership to combine FreedomPay’s
advanced payment tech functionality with Stripe’s industry-leading payments
reliability and innovation. Together we can better serve more large enterprises
and power their unified commerce needs,” said Chris Kronenthal, President of
FreedomPay.

Expanding Direct POS Connectors

In addition to the FreedomPay partnership, Stripe has
expanded its list of direct POS connectors. These connectors make it easier to
integrate Stripe’s Terminal SDK with third-party POS systems. New connectors
include those for Cegid and Oracle Xstore, joining earlier connectors for Adobe
and Oracle OPERA.

For example, Colombian retailer Tennis used Stripe’s Cegid
connector to streamline online and in-store payments in the US, which reduced
checkout times and errors.

Stripe is also investing in contactless payment solutions,
such as Tap to Pay on Android. This feature allows businesses to accept
payments directly on Android devices. Companies like Qromo and HitPay are
already using Tap to Pay across different devices.

The company is also exploring other uses of NFC technology,
including “Tap to Add” and “Tap to Verify,” to improve
customer experience and security.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Payment Service Providers Shift to Fintech, 95% Report Banking Restrictions

    Payment Service Providers (PSPs) are facing significant challenges in their relationships with traditional banks. A recent report by fintech firm Neo highlighted that 95% of PSPs have had their banking…

    Former Ticmill and INFINOX Compliance Officer Launches Own FX Company

    Having been involved in the retail CFD industry as a Compliance Officer since 2018, Toby Dyke has now decided to focus on developing his own project, Misano Payments, offering currency…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Spared by Helene, Florida citrus industry braces for Milton

    • October 9, 2024
    Spared by Helene, Florida citrus industry braces for Milton

    California confirms third human case of bird flu, finds more possible cases

    • October 9, 2024
    California confirms third human case of bird flu, finds more possible cases

    Florida fuel outages grow as residents evacuate ahead of Hurricane Milton

    • October 9, 2024
    Florida fuel outages grow as residents evacuate ahead of Hurricane Milton

    California confirms third human case of bird flu, identifies more possible cases

    • October 9, 2024
    California confirms third human case of bird flu, identifies more possible cases

    Blue Gold: A Critical Path to Safeguarding Our Future

    • October 9, 2024
    Blue Gold: A Critical Path to Safeguarding Our Future

    Citgo auction in jeopardy as Venezuela bondholders pursue parallel claims  

    • October 9, 2024
    Citgo auction in jeopardy as Venezuela bondholders pursue parallel claims