CellPoint Digital, the global leader in Payment Orchestration, announces they will be partnering with MikroElektronika (MIKROE), a leading manufacturer and retailer of hardware and software tools for developing embedded systems to deliver a full suite of payment orchestration solutions.

MIKROE – who recently celebrated its 21^st birthday - is headquartered in Belgrade, Serbia’s best known for software products mikroC, mikroBasic and mikroPascal compilers for programming microcontrollers.

The focus of the new relationship between MIKROE and CellPoint will reduce the risk of a huge volume of cross-border payments and exposure to increased currency fluctuations through MiIKROE’s worldwide distributor network across all continents and in addition to more than 50 local distributors.

Commenting on the announcement, Greg Worch, Global, Head of Revenue, said: “Businesses across all sectors are recognising the need for Payment Orchestration to enhance their scale. We’re delighted to partner with MIKROE, and are confident our Payment Orchestration Platform will accelerate their access to payment providers in the countries where they are active and diversify local currency risk”

CellPoint partner Reach is the acquirer for MIKROE and the platform is fully deployed today.

Marko Jovanović, Head of IT for MIKROE, added: “Despite what has been a tough time for many people and businesses, we have continued shipping worldwide, making one new product per day, and successfully growing our business. Now is the perfect time to join forces with CellPoint Digital. Its expertise and innovative platform will drive efficiencies and there is a long-term opportunity to expand our potential payment partners in different countries.”

This partnership comes as 451 Research’s Voice of the Enterprise surveys indicate that 67% of merchants see payments as a highly strategic area of focus for their company, rising to 78% for most digitally advanced businesses.

Emphasis on transforming payment processes and technologies continues to increase, with 61% of merchants agreeing that modern payments infrastructure will be highly transformative for their business over the next three years.