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Irish financial software solutions provider Aryza has partnered with UK-based payments firm Acquired.com with an aim to deliver safe and convenient payment options for their consumer portfolio.
Through their partnership, both companies seek to deliver a sophisticated range of data driven collection as well as disbursement options for their lending division.
The firms also plan to extend the options into other areas including debt recovery and insolvency.
Founded in 2015, Acquired.com claims to be a single, one-stop-shop platform for all payment needs.
The company specialises in financial services, alternative finance, fintech, subscription payments, hospitality, banking, payment processing, lending, debt collection, faster payments, card acquiring, Apple and Google Pay, and ticketing.
Acquired.com’s solution will support businesses using Aryza’s products by improving the end-to-end payment process from treasury services. These range from automated disbursements to streamline payments as well as helping in increasing collection success.
Acquired.com commercial director Mark Johnson said: “Aryza and Acquired.com provide complimentary services to this sector, so it made complete sense that we join forces to deliver improved outcomes for Aryza’s unique portfolio of customers.
“We are already having conversations about taking this partnership further by introducing Pay by Bank, our proprietary open banking solution as a payment option for Aryza customers – we will continue to work closely with the wider Aryza Group and look forward to supporting their ambitious growth plans.’’
According to Aryza, the collaboration will bolster its consumer protection offering for customers irrespective of their credit-debt cycle stage.
Aryza seeks to utilise Acquired.com’s sophisticated regulatory experience and deep data expertise to offer a highly customer centric experience.
Aryza partnerships and key customer relationships group director Martin Prigent said: “We chose to work with Acquired.com because their payment platform can be seamlessly integrated into our lending and data solution products, enhancing the user journey and putting the customer’s needs first.
“Their white labelled solution allows our clients to offer their customers the most convenient payment options, in a trusted platform that is secure, compliant and intuitive to the customer’s needs.”