FreedomPay and Prommt Unite to Deliver Secure Personalized Payments
Kanesa David — November 25, 2022 — Business
References: corporate.freedompay & retailtechinnovationhub
FreedomPay has partnered with Prommt to enhance the brand’s Next Level Commerce solution, granting consumers the flexibility to request, collect, and track remote payments. This allows Prommt to aid businesses in achieving solutions for payments, security, identification, and data analytics, as well as enable the delivery of immediate, customized, and personalized payment requests via email and messaging applications.
A completely integrated end-to-end solution, including secure payments, identity-as-a-service, loyalty, and business intelligence, will be made available to merchants via the FreedomPay platform.
“Whether it is payments for goods or services with variable pricing or large or complex transactions, we can provide the responsive service customers want while protecting payment and card data,” said Nate Ware, SVP of Sales and Digital Development for FreedomPay.
Image Credit: FreedomPay
A completely integrated end-to-end solution, including secure payments, identity-as-a-service, loyalty, and business intelligence, will be made available to merchants via the FreedomPay platform.
“Whether it is payments for goods or services with variable pricing or large or complex transactions, we can provide the responsive service customers want while protecting payment and card data,” said Nate Ware, SVP of Sales and Digital Development for FreedomPay.
Image Credit: FreedomPay
Trend Themes
1. Personalized Payment Requests - The trend of personalized payment requests offers opportunities for businesses to deliver customized payment experiences to their customers, potentially leading to increased customer loyalty and satisfaction.
2. Integration of Payment and Data Analytics - The integration of secure payment and data analytics provides disruption opportunities for businesses to streamline their payment processes and gather valuable customer insights.
3. Remote Payments - The trend of remote payments presents new opportunities for businesses to expand their reach and offer their products or services to customers who live far away.
Industry Implications
1. Payment Processing - The payment processing industry can leverage the trend of personalized payment requests to offer their clients more flexible payment options and enhanced security features.
2. Data Analytics - The integration of payment and data analytics presents an opportunity for the data analytics industry to offer new insights and analysis on customer purchasing behavior.
3. E-commerce - The trend of remote payments offers e-commerce companies new opportunities to expand their customer reach and increase their sales.
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