Cardstream and Creditcall have joined forces to free merchants and their acquirers from single-stack payment acceptance solutions.
Cardstream — an independent white label payment gateway provider enabling payment service providers to connect with myriad acquirers, alternative payment methods and eCommerce connectors — brings the ability to power online, mobile, in-store and unattended payment acceptance and an extensive portfolio of handheld payment terminals and acquirer relationships to the table.
Creditcall, a point of sale (POS) payment gateway specialist securing in-store, self-service, online and mobile payments and integrating with more than 30 PIN pads, will be the first white label omnichannel payment solution delivered by Cardstream, according to a recent press release. Creditcall serves verticals and use cases including retail, hospitality, parking, vending, transportation and charity.
Together, the U.K.-based firms will power an omnichannel processing and reporting solution for independent software vendors (ISVs), independent sales organizations (ISOs) and software companies, the press release noted.
Multi-outlet and multichannel businesses stand to benefit from the ability to further utilize transactions from any given payment method across other payment channels and using secure tokenization — and be able to view it all in a centralized, real-time reporting portal. The firms have said these capabilities will drive efficiency.
Cardstream endeavors to become the global standard for white label payment provision, and the addition of POS supports that goal.
“Payments are always evolving, and we’re ensuring every method is catered for within our secure platform,” said Adam Sharpe, Cardstream CEO. “POS is one. We’ve also recently added alternative payment methods that enable us to process any regional or local transaction around the globe.”
Lars Pedersen, CEO at Creditcall, agreed.
“Many merchants are struggling to offer a cohesive omnichannel experience to meet consumer demand,” Pedersen said. “With ChipDNA Link, … we enable Cardstream to offer these capabilities to their customers.”
Cardstream’s partners in such categories as ticketing, gyms and retail will also enjoy the benefits of an omnichannel solution thanks to the alliance with Creditcall, without having to seek or develop one independently.