22 September 2017
Find out more

Pay4 picks EQ Global as payments processor

24 August 2017  |  2612 views  |  0 Source: EQ Global

Pay4, a leading finance provider to small and medium sized businesses in the UK, has partnered with EQ Global, to act as its global payments processor.

Founded in 2013, Pay4 offers a revolving credit facility for growing UK businesses to pay for goods or services. Funding is accessed by settling supplier invoices via an online platform. In 2017, Pay4 has achieved quarterly growth in transactions of over 150%, establishing itself as a key working capital solution for ambitious businesses.

The partnership between EQ Global and Pay4 will increase the speed and efficiency with which Pay4 can process payments for their customers, which benefits Pay4’s customers and their suppliers.

Rob Keown-Boyd, CEO & Co Founder, Pay4, said: “EQ Global has an unrivalled global reach, offering payment services to almost 180 countries, in 130 currencies. This, combined with their ability to deliver payments simply, quickly and efficiently, makes them an ideal payment processer for Pay4 and our customers. We’re looking forward to working closely with EQ Global on further collaborations in the not too distant future.”

Nick Pedersen, Managing Director of EQ Global, said: “We are very excited to be working with a market leading business finance provider, and are delighted to help enable their future growth. We will strive to bring efficiency and automation to Pay4’s payment processing in the short term, and are particularly interested in developing joint solutions to solve the payment and financing needs of multiple businesses in the medium term. Watch this space…” 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.abe-eba.euvisit www.sibos.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12389 views comments | 26 tweets | 41 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10912 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9505 views comments | 6 tweets | 3 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8117 views comments | 18 tweets | 26 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
8095 views comments | 5 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job