News from the Wire

PXP Financial, North team up

Tuesday, November 12, 2024 — 12:30:32 (EST)

12 November 2024: PXP Financial, experts in global acquiring, payment, fraud and data analysis services, today announces a new partnership with North. Founded in 1992, North builds payment technologies that power businesses and organizations – from point of sale to ecommerce and payment APIs, backed by in-house processing.

The partnership is a crucial next step in giving PXP Financial merchants and partners access to another acquirer connection in the US. It promises to serve a broad array of target sectors and industries, complementing PXP Financials ongoing stateside expansion.

Commenting on the announcement, Kamran Hedjri, Group CEO for PXP Financial, said: “This is an exciting step for PXP Financial, and I am incredibly proud of the strong partnership and teamwork that have brought us to this moment. By working closely together, we've ensured that the integration with this new acquirer connection is seamless, robust, and ready to deliver enhanced payment options to our clients.

“The effort that has gone into securing the North partnership demonstrates our commitment to innovation and dedication to expanding our capabilities to better serve our customers. We look forward to growing the partnership to its full potential and the value it will bring to our clients.”

Since 2013, PXP Financial has entered into 23 states in the notoriously competitive US market, and has developed a deep understanding of the regulatory and compliance challenges facing payments in the region. The North partnership means PXP clients can now capitalise both on this expertise and North’s innovative payment technology.

Rafael DiCarlo, North’s General Manager, Gaming, added: “For North, partnering with PXP Financial marks a key step aimed at delivering seamless and innovative payment solutions to our customers. Their deep experience in secure, global payment processing will empower us to scale rapidly and continue to maintain the highest standards of security and efficiency. I am confident this collaboration will unlock new growth opportunities for clients across our shared sectors."

PXP has a state-of-the-art technology platform that supports a wide range of payment methods and currencies, and offers advanced features such as fraud prevention, data analytics, and reporting. It provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse global acquiring, 100+ alternative payment methods & financial services, PXP processes over EUR 23 billion annually through its unified gateway.

To find out more about PXP Financial please visit: pxpfinancial.com

ENDS

About PXP Financial

The end-to-end payment platform: PXP Financial provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by in-house acquiring, 120+ alternative payment methods & financial services, PXP processes over EUR 22.7 billion annually through our unified gateway. Whatever your business needs today or tomorrow, PXP Financial’s innovative payment platform will support your business growth with all the payment services you will ever need from one source, wherever your business takes you. To find out more about PXP Financial family of companies, visit: www.pxpfinancial.com.

About North

Founded in 1992, North builds frictionless payment processing designed to simplify and grow business. They offer comprehensive solutions, from the front door to the back office, that include point of sale (POS) hardware, a fully integrated payment platform, and comprehensive merchant services to manage inventory, employees, and more.

North is re-imagining the payment experience. As a leading payment technology innovator, North has a diversified product platform that provides a modern end-to-end infrastructure to enable globally-preferred payment types. North’s superior solutions deliver seamless payments experiences in mobile, ecommerce, and in-store environments. Serving hundreds of thousands of businesses and with over $100 billion per year in electronic transaction volume, North delivers functional, feature-rich and frictionless solutions for the evolving merchant economy. For more information, please visit www.north.com.

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Source: Company press release.