Truevo, ACI: enabling cross-border merchant expansion
Payment solution company Truevo provides merchants an end-to-end offering from acquiring to payment processing across Europe. It’s a mission that, according to Charles Grech, the company’s COO, requires a strong partner ecosystem. “We realised that there was a lot of opportunity for us in expanding our offering, so that we could provide our customers with an end-to-end solution. For this, we needed a gateway solution which could provide relevant local and cross-border payment options, as well as global connectivity to the ever-growing number of alternative payment methods. We also needed it to be delivered in a fast and timely fashion by someone who could scale with us.”
ACI’s support for Truevo comes from multiple angles, as Andrew Quartermaine, VP of Customer Success at ACI, explains: “ACI provides the technology to support and enable customers such as Truevo. Our global Secure eCommerce solution enables safe international business expansion for Truevo and their merchants, giving them the ability to deploy tailored payment and fraud strategies for each channel and market. We provide our global Secure eCommerce as a white-label gateway that carries the Truveo brand and supports their end-to-end solution offering to their merchants.”
ACI has worked with Truevo to understand its requirements. “ACI is a large company with a lot of expertise and a long history in technology,” says Grech. “After going live, they followed up to make sure any problems encountered were efficiently dealt with.” That support means ACI delivers on the three main areas Grech identifies as key for its partners and the solutions they deliver: agility, innovation and flexibility. “I can firmly say that we have achieved these three factors in our partnership with ACI.”
The strength of the relationship is further due to the mutual compatibility of the two organisations. “Truevo is the type of customer we enjoy supporting – innovative, global and growing rapidly,” says Quartermaine. “They wanted a secure gateway with global reach to support their rapidly expanding merchant base. They understand the importance of meeting their customers’ needs and we work collaboratively to make sure they have all the tools and payment strategies they need to do that.”
Both companies maintain an eye on the future and are dedicated to finding innovative ways to enhance the consumer payments experience, protect against the risk of fraud, while increasing conversion for merchants.
Everton FC signs Sokin as its global payment partner
Everton Football Club have signed up Sokin as their official global payments partner.
Sokin is a new global currency account provider that specialises in creating open and transparent payments platforms.
The innovative fintech which launched in 2019, has agreed to a multi-year partnership that will see Sokin’s cutting-edge platform handle the Liverpool-based football club’s global currency transactions.
Disruptive startup fintech
Sokin’s founder Vroon Modgill, a first-generation immigrant, discovered how cumbersome money exchanges were and set about creating a frictionless system that can transfer funds cheaply, swifty and easily to global destinations.
The London-based fintech has grown massively since its launch and now has offices in 10 countries. Sokin also provides a streamlined subscriber platform that opens up global access to FX transfers and payments, allowing people and businesses to transact in 38 currencies and 200 countries and territories.
Fintech partnership with Everton FC
The long-term agreement with Everton sees Sokin further boost the Blues’ growing partnership portfolio while the fintech’s collaboration with the football club strategically supports Everton's FX and payments requirements via its global platform.
The partnership will also propel Sokin into a new position as a leading global fintech provider. Modgill said of Everton FC, “This ethos is a fantastic fit for Sokin’s services. As a leading financial service provider, we exist to make global payments simple and offer a trouble-free service that our customers can trust.
“We look forward to seeing the Sokin name appear around Goodison Park – one of football’s most iconic stadiums – and embarking on this journey together. Sokin – the People’s Card, working with the People’s Club.”
Speaking about the partnership, Alan McTavish, commercial director at Everton, explained, “We are delighted to welcome Sokin on board as our newest club partner and look forward to helping them promote their leading global payments offering to millions of our fans and followers around the world.
McTavish added, “Working with such a global brand is an integral part of our commercial growth strategy. Sokin is a truly innovative, forward thinking company that puts its customers and customer experience at the centre of its operation and is a perfect fit within our exciting partnership portfolio.”