News from the Wire

Raimac, Cashflows team up on payments in UK

Thursday, November 21, 2024 — 12:20:36 (EST)

21st, November 2024, London, UK: – Raimac Financial Technology, a game-changer for companies looking to offer flexible payments, has today announced a strategic partnership with Cashflows, the platform that makes it easy for businesses to accept payments. This partnership positions Cashflows as one of the first companies in the UK to implement Raimac's advanced programmatic payment technology.

Cashflows has established itself as a trusted name in the payments industry, providing services that simplify the payment process for businesses, helping them thrive. By integrating Raimac’s technology, Cashflows will enhance its offerings, allowing merchants to provide customers with customisable payment options that suit their preferences. This includes enabling Buy-Now, Pay-Later (BNPL) particularly for high ticket items, instant initiations and additional automated ways of enabling payments.

“Partnering with Cashflows aligns seamlessly with our mission to transform the payments landscape,” said Frazer MacRae, CEO of Raimac. “Their established reputation and commitment to customer satisfaction make them the perfect partner as we introduce our programmatic payment technology to the market. Merchants will now be able to offer customers, Pay per use, Pay on delivery and Pay in instalments. Together, we will empower merchants to deliver a more tailored and customer-centric payment experience.”

Paul Clarke, Chief of Growth at Cashflows, added: “At Cashflows, our vision is enabling business in making payments simple. This partnership is further evidence of how we’re changing payments for the better by simplifying the payments process and offering a smoother, faster experience for customers.”

Clarke added: “It is also testament to our agility that we were able to act quickly to bring a solution to Raimac, an exciting company that has taken the market by storm, that will benefit UK businesses to offer alternative ways of paying for their customers.” This collaboration will enable Cashflows to implement programmable payments, which allow customers to choose how and when they pay, making the purchasing experience smoother and more personalised. The integration is already underway, and live clients are expected to utilise these new solutions in the coming months.

For more information about Raimac and its programmatic payment solutions, please visit www.raimac.io. For details on Cashflows and its services, visit www.cashflows.com.

ENDS

About Raimac

Raimac is a pioneering fintech company dedicated to redefining the payments landscape through advanced programmatic payment solutions. With a focus on enhancing customer experiences and empowering merchants, Raimac is committed to delivering cutting-edge technology that meets the evolving needs of the market.

About Cashflows  

Cashflows is a new breed of fintech payments company that makes it easy for growing businesses and financial institutions to accept card and digital payments – online, in-person, and on the move.   

Through its own acquiring platform and gateway, Cashflows provides a safe, secure ecosystem for processing payments right across Europe. Cashflows products and services are built with the latest technology and the future in mind, to meet the specific needs of partners and customers. 

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Source: Company press release.