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CompanyProfile

Reinventing leading-edge merchant solutions

aunched in 2000, FreedomPay prides itself
on being a pioneer in Next Level Commerce
focused on solutions in the mobile, cashless,
L virtual and remote commerce arenas. In addi-
tion, the company offers intelligent analysis, promotions
routing, incentives and customer relationship manage-
ment services.
ISO/MLS contact:
With offices in Philadelphia, Las Vegas and London,
FreedomPay believes it is "the industry's first Nate Ware
TransAtlantic payments solution with integrations across Senior Vice President
top point-of-sale, device manufacturers and payment
processors, supported by rapid application programming Sales and Digital Development
interface adoption." FreedomPay also said it strives to
make payments "faster, simpler, safer and smarter" with nate.ware@freedompay.com
an expanded vision of "driving the future of commerce
and customer interaction." 484-998-8340

Christopher Kronenthal, FreedomPay president and chief
technology officer, concurred, adding, "FreedomPay Additionally, FreedomPay's integrations are said to be
was founded with the original vision of making mobile seamless, with projects completed by the company's
payments smarter," he said. "Since then, we have evolved development team in as little as four to six weeks. The
into a cashless company and are now a broadly adapted platform also supports hot swappable devices, meaning
global commerce platform." no credentials live in the device; thus, supporting the

Next-level performance need to change processors is as easy as a simple back-end
update.
FreedomPay offers a data-driven commerce platform
that "delivers next-level performance for companies all Always ready for market change
around the world," the company's leadership team said, According to Kronenthal, FreedomPay's Touchless
adding that it doesn't "rip and replace" legacy merchant Commerce program was the first contact-free program to
systems, but instead it "transforms a company's existing get into the market to protect the safety of merchants and
systems from legacy to leading edge by surrounding and customers during the COVID-19 crisis, and the company
expanding the current technology footprint." continues to focus on expanding its cross-platform
offerings. "FreedomPay continues to expand globally and
According to Kronenthal, FreedomPay also boasts a 100 at a rapid pace, and with headquarters in Philadelphia and
percent client retention rate, which he noted is attributed London, the needs of our clients are opening doors into
to "some key milestones, including the introduction of Asia-Pacific and other regions of the world," Kronenthal
the first alternative payments network in 2004 and being said. The company also intends to better meet demands
the first fully functional point-to-point encryption (P2PE) of the changing merchant marketplace by continually
solution in North America in 2014" — a fact demonstrated diversifying its products and pair functions that make it
over the past 10 years by the company's unprecedented easier and more efficient to do business.
zero attrition rate, he added.
Kronenthal mentioned the company recently launched its
Validated by the PCI Security Standards Council for P2PE, Business Intelligence solution, which allows businesses
along with EMV, tokenization, contactless and dynamic to track and segment consumers and drive targeted
currency conversion, FreedomPay noted it delivers secure incentives based on purchasing data. "We see a symbiotic
commerce solutions and advanced value-added services to relationship between data and payments that we plan to
a variety of merchant sectors, including retail, hospitality, explore further throughout the year to best enhance the
gaming, education, healthcare and financial services. commerce operations of our clients," he said. He further
FreedomPay also said its platform supports over 450 POS believes many merchants are serviced by providers that
and payment management system integrations and offers don't have the capability to meet their business goals and
"more than 99.9 percent system availability around the enhance the consumer experience. "FreedomPay does
clock" and processes payments "in less than one second." just that by combining engagement methodology and
In addition, the platform recognizes and tracks nearly 10 the delivery model to unite disparate systems into one
million line-item stock keeping unit codes for clients in unified platform," he said.
over 50 countries around the world.
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