Worldpay, a leading global provider of payment and risk services, and Paymetric, a global leader of integrated, secure electronic payment solutions for large enterprise customers, have partnered to launch a payments solution that will help businesses trade globally by integrating payments technology with ERP, CRM and legacy applications to reduce risk, cost and inefficiency.
Paymetric provides a SaaS-based, multi-tenant platform which integrates seamlessly with any enterprise payment solution, including Oracle and SAP to deliver payment solutions globally across multiple sales channels. This helps businesses streamline their order-to-cash process by up to 25%, reduce cost of electronic payment acceptance by up to 50%, and reduce the scope and burden of PCI DSS compliance.
Paymetric customers can now access Worldpay’s payment processing, alternative payment methods and risk management services within a single integration to reduce fraud, cut costs and speed time to market. The integration allows businesses to reach even more customers across new territories by easily offering a range of preferred consumer payment methods used to purchase online.
Further benefits include:
• Reduced Days Sales Outstanding (DSO) and increased cashflow by delivering instant e-invoices
• Optimised development costs and time with a pre-built solution
• e-invoicing eCommerce transactions, integrated with the ERP to streamline business operating model and reduce costs.
Kevin Dallas, Chief Product & Marketing Officer, Global eCommerce at Worldpay said: “Worldpay’s partnership with Paymetric is a win-win for all concerned. Customers are now able reap the reward that a single integration delivers by increasing their speed to market and capitalise on the opportunity that global payment processing brings”.
“With Worldpay, Paymetric clients will be able to reach more customers across new territories by offering additional payment types and currencies , while taking advantage of Paymetric’s industry leading secure, electronic payment solutions– all without compromising their customer’s experience,” states Asif Ramji, President and CEO for Paymetric.
 According to Paymetric transaction data from 2014.