FSS Technologies has announced a collaboration with Fairplay Pay s.r.o. one of the Czech Republic’s newest payments innovators specialising in SEPA and domestic transactions for its full-stack online acquiring suite.
Under the umbrella of the partnership, Fair Play will deploy the FSS Payment Gateway and Merchant Hub for secure, online payment processing and transaction settlement. FSS will host the Payment Gateway and Merchant on FSSNeT, its global payment processing centre. FSS will assume a single mantle of accountability for authorisation, processing, clearing and settlement of e-Commerce transactions.
The online acquiring suite provides the foundation to improve business performance via the crafting of differentiated merchant-centric propositions. The FSS Payment Gateway offers a platform for ubiquitous payment acceptance via support for a range of alternate non-card payment methods to ensure an optimised payment set-up that accounts for local transacting habits for higher sales conversion.
This is augmented by merchant lifecycle management capabilities and added value services including sophisticated 3DS 2.0 authentication capabilities, real-time fraud prevention and advanced analytics for improved business decisioning.
“Online commerce is a fast-growing digital payments segment in Europe. We are excited to be working alongside Fair Play to support its expansion plans in the online acquiring space,” comments Haresh Hemrajani, Head of FSS Europe, UK and America’s.
“Our unique SaaS model enables Fair Play to improve speed to market, deliver innovative online payment services to merchants and rapidly penetrate new segments.”
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