Unitas Wholesale Chooses Acquired.com for Innovative Payment Solutions
In a groundbreaking partnership, Acquired.com has been selected by Unitas Wholesale, the UK’s largest network of independent wholesalers, to revolutionise the payment landscape through Open Banking technology. This collaboration marks a significant shift towards optimising operational efficiency and enhancing customer payment experiences nationwide.
Revolutionising Payments with Open Banking
We're delighted to have been chosen as the Open Banking payments provider of choice for @UnitasWsale in collaboration with @MultiPayGroup 🤝
Acquired.com’s proprietary Pay by Bank solution, powered by Open Banking, offers a seamless, secure, and cost-effective alternative to traditional card payments. This innovative approach benefits UK businesses by providing a convenient payment option and drastically reducing transaction costs by over 85%. Such savings stem from eliminating hefty card payment fees, allowing merchants instant access to funds and streamlined financial management.
Seamless Integration and User Experience
This partnership also leverages the expertise of MultiPay Global Solutions to integrate the Pay by Bank solution into Unitas Wholesale members’ existing payment infrastructures. By incorporating sophisticated hardware options and simplifying the settlement process, this alliance is set to deliver an unparalleled payment experience to both merchants and customers. The ease of transaction is evident as customers can swiftly authorise payments through a QR code scan for in-person purchases or through their banking app for online transactions, ensuring a swift, secure, and hassle-free process.
Expert Insights and Strategic Benefits
John Kinney, Managing Director at Unitas Wholesale, highlights the tangible benefits of this partnership, noting the significant cost reductions and profit boosts that their members can expect. “The connect24 show this week is the perfect opportunity for our wholesalers to get to know the Acquired team and learn how their Open Banking solutions can slash costs and boost profits,” Kinney shares, emphasising the strategic importance of this collaboration in offering the best possible deals on essential services.
Grant Evans, Head of Partnerships at Acquired.com, and Delia Pedersoli, COO at MultiPay Global Solutions, echo this enthusiasm. Their comments underline the meticulous selection process and the mutual commitment to driving payment innovation that prioritises seamless transactions and substantial cost savings for merchants.
The Future of Payment Processing
This partnership exemplifies the forward-thinking approach of Acquired.com and Unitas Wholesale and showcases the power of collaboration in leveraging technology to address the market’s evolving needs. By offering a comprehensive payment solution that accommodates all major credit and debit cards, along with popular digital wallets like Apple Pay and Google Pay, Acquired.com and MultiPay Global Solutions are setting new standards in payment processing.
Transforming Lives Through Innovation
At the heart of this technological advancement lies a simple yet profound goal: to make payments easier, faster, and more cost-effective for everyone involved. From the small business owner navigating the complexities of modern commerce to the everyday customer seeking convenience and security in their transactions, this partnership is a testament to the transformative power of innovation.
Therefore, this partnership between Acquired.com and Unitas Wholesale is a beacon of progress, symbolising a leap towards a more efficient, secure, and inclusive financial ecosystem. It’s a powerful reminder that behind every transaction lies a story of opportunity, growth, and the relentless pursuit of excellence.
