ABN AMRO and Buckaroo are setting up an exclusive partnership around payment services for retailers. Retailers play an important role in Dutch society and this requires secure, simple, innovative payment solutions. By joining forces, ABN AMRO and Buckaroo will be able to serve this client group even better with banking expertise and innovative payment solutions. The partnership will also strengthen the positions of both parties in payment service provision.

Successful partnership

The payments market is developing ever faster, with digitalisation, convenience, speed, flexibility and security high on the list of users’ needs. As part of the new collaboration, Buckaroo will be taking over all PIN transactions carried out by ABN AMRO clients. The transfer will take place in phases, and will enable brick-and-mortar retailers and webstores to use a wide array of financial services that make in-store and online payments even easier.

Erica Kostelijk, Director of ABN AMRO Transaction Banking: “ABN AMRO gives clients the best possible support to make their business a success in this rapidly developing market – from new shop owners to large online or high street stores. Buckaroo’s focus on service and flexibility is a good match for this. Buckaroo is a partner that delivers innovative payment services to small and medium-sized enterprises (SMEs) and corporates alike, guided by the same client focus and entrepreneurial spirit as ABN AMRO.”

Paul Scholten, CEO of Buckaroo: “We are thrilled with this unique partnership. Buckaroo is the ideal payments partner for ABN AMRO’s clients. We serve more than 30,000 corporate and SME customers with a wide range of omnichannel payment solutions – from in-store to online payments and from support with subscriptions to credit management. Also, being a Dutch company, it’s in our nature to offer the kind of high-quality, local service customers deserve.”

Direct benefit for clients

The synergy between ABN AMRO and Buckaroo will benefit clients directly, giving them access to a wider range of payment services including PIN terminals, credit cards and online payment methods such as PayPal, Klarna, Riverty, Sofort, Bancontact and Apple Pay. In addition, they can use extra services to optimise in-store and online payments thanks to the technical integration options offered by online platforms like Magento and Shopware. Buckaroo and ABN AMRO share the ambition to further grow their portfolios of both SME and large corporate clients in the coming years.