Leading retail technology business TrueCommerce has entered into a new strategic partnership with international payment gateway provider Trust Payments, as it looks to broaden its offering to B2B e-commerce customers.
The new relationship will enable users of TrueCommerce’s B2B e-commerce platform to implement Trust Payments’ secure, risk-free payment solutions for all online transactions. Trust Payments, which has offices in the UK, Europe and North America, interacts with a network of more than 60 banks globally and is enabling its customers to facilitate more than 60 million B2B transactions each year via online stores, virtual terminals and secure payment links.
TrueCommerce helps major manufacturers, distributors and wholesalers – including Bunzl, JCB and Greene King – to implement and develop their online retailing with trade customers. The business recently entered the UK B2B e-commerce market following the acquisition of leading platform provider, Netalogue Technologies plc.
The new relationship is expected to provide significant growth opportunities for both businesses.
David Grosvenor, managing director for the UK and Europe at TrueCommerce, said: “B2B businesses are increasingly looking to match the standards set by consumer brands for customer experience and ease of service. Meanwhile, we’re seeing a surge in demand for digital methods of trade as a result of coronavirus. Trading partners and suppliers want to carry out payments instantly, with confidence and via a range of methods – much as they would with high street retailers. Working with Trust Payments will enable our customers to deliver that all-important level of service and payment security while we ensure that all communication between their online shops and back-end systems is integrated seamlessly.”
Craig Brightly, head of direct sales and partnerships at Trust Payments, said: “We share TrueCommerce’s ethos of helping customers to grow by using intelligent software and automation to simplify their sales process. Secure and flexible payments are a critical piece of the end-to-end sales journey and, as such, we’re looking forward to sharing best practice with new customers already invested in upgrading and upscaling their B2B e-commerce operations.”