How Mastercard and FreedomPay Will Simplify Global Payments

FreedomPay, known as a leader in Next Level Commerce technologies, has announced a strategic alliance with Mastercard.

The collaboration will offer businesses worldwide access to a simplified and extended global payment gateway solution, streamlining their ability to connect with acquirers and accept a wider range of payment methods.

Harnessing FreedomPay's presence, already established in North America, Europe and Latin America, along with the global network offered by Mastercard, businesses around the globe will have access to more options for connecting payment systems and processing transactions.

Seamless global transactions

"The complexity of navigating diverse payment systems across borders can hinder the growth of international commerce," says Chris Kronenthal, President of FreedomPay.

"By joining forces with Mastercard, we are breaking down these barriers and empowering merchants with a single, unified platform for seamless global transactions."

FreedomPay's Next Level Commerce platform transforms existing payment systems and processes from legacy to leading edge and enables merchants to unleash the power of pay.

It prides itself on being the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services.

The company maintains a world-class security environment and was one of the first payment solution providers in North America to be validated by the PCI Security Standards Council.

FreedomPay's robust solutions across payments, security, identity and data analytics are available in-store, online and on mobile and are supported by rapid API adoption.

Empowering businesses of all shapes and sizes

The alliance will provide a range of perks to businesses of all sizes, which includes: 

• Expanded global reach: Combined access to over 230 acquirers and acceptance of a wide array of local and global payment methods. 
• Enhanced security: 24/7 global tech support and robust PCI-validated security measures to mitigate risk and reduce operational costs. 
• Simplified integration: A single integration point for global commerce operations, reducing complexity and accelerating time to market. 
• Value-added services: Access to personalised incentives, business intelligence and advanced fraud prevention tools.

Thriving in today’s dynamic global market

"Mastercard is committed to providing businesses with the tools and flexibility they need to thrive in today's dynamic global market," adds Kaushik Gopal, EVP, Mastercard Enterprise Gateway Solutions.

"This partnership with FreedomPay enables us to deliver a best-in-class payment gateway solution that simplifies cross-border transactions and unlocks new growth opportunities for our customers."

This strategic alliance signifies a major step forward in simplifying international commerce, empowering businesses to expand their reach and embrace the full potential of the global marketplace.

Through the combination of Mastercard's extensive global network and cutting-edge payment technology with FreedomPay's expertise in next-generation commerce solutions, this partnership paves the way for a more seamless, secure and efficient global payment ecosystem.

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