J.P. Morgan and FreedomPay Expand Collaboration to Support Omni-Channel Solutions across Retailers in the UK and Europe
FreedomPay, J.P. Morgan | May 26, 2021
FreedomPay, the Next Level Commerce platform of choice for thousands of merchants globally, has announced a collaboration with J.P. Morgan to expand their commerce offering across the UK, EU, Switzerland, and parts of the Nordics.
As consumers return to shopping in-store, FreedomPay and J.P. Morgan have partnered to deliver an enhanced experience supported by Touchless Commerce solutions such as contactless card payment and digital wallet acceptance, as well as PCI-Validated P2PE security.
"We are delighted to expand our relationship with J.P. Morgan to provide additional functionality to millions of shoppers across in-store payments," said Tony Hammond, SVP of Global Product Delivery at FreedomPay. "New technologies and changes in consumer behavior since COVID-19 have caused many merchants to rethink their approach to customer experiences and the world of commerce."
Retail brands may profit from the FreedomPay platform in a variety of ways, including:
• The ability to unify commerce across properties, channels, and regions on a single 'open,' fully agnostic, flexible platform.
• The capability to centralize all data reporting in a single smart site called Business Intelligence, which displays payment and reconciliation records.
• Customers will be able to pay contactless in-store, resulting in the creation of a touchless ecosystem.
• FreedomPay combines security, identity, payments, loyalty, and advertising to boost commerce via market-leading technology.
"Our collaboration with FreedomPay will enable us to provide an in-store payment option while expanding on our existing eCommerce processing capabilities," said Basil Bailey, Head of Product for EMEA Merchant Services at J.P. Morgan. "Streamlining merchant operations will help them save money and time while also driving growth."
The Next Level Commerce platform from FreedomPay transforms existing payment systems and processes from legacy to leading-edge. FreedomPay's technology has been deliberately built to deliver rock-solid performance in the very complex environment of global commerce, emerged as the preferred choice for many of the world's largest companies in retail, hospitality, lodging, gaming, sports and entertainment, food service, education, healthcare, and financial services. The organization maintains a world-class security environment and was the first in North America to get the coveted validation by the PCI Security Standards Council against the Point-to-Point Encryption (P2PE/EMV) standard.FreedomPay's robust solutions for payments, security, identity, and data analytics are available in-store, online, and on-the-go, and are backed by rapid API adoption. The award-winning FreedomPay Commerce Platform runs across many continents on a single, unified technology stack, enabling organizations to provide an innovative Next Level experience on a global scale.