WLPayments and Payplug Announce Strategic Partnership to Enhance Payment Solutions for Merchants
Amsterdam, 4 March 2024 – WLPayments, a leading provider of innovative payment orchestration features, and Payplug, the European payment solution for e-merchants and fintechs, are pleased to announce their strategic partnership to provide enhanced payment options for WLPayments merchants and partners.
This collaboration sees the seamless integration of the payment solution’s advanced payment capabilities into the WLPayments platform, leveraging Payplug’s direct connection to GIE Cartes Bancaires (CB), leading card network in France, accounting for 20% of total transactions in the euro zone, and to Groupe BPCE, first Visa issuer in Europe.2 WLPayments customers will now benefit from Payplug’s advantageous programs, resulting, for instance, in 98% of frictionless requests accepted on BPCE traffic1 and higher than average results for payments made via CB: +1.8 successful authentication rate points and +7 frictionless rate points3. With VISA and Mastercard licences, Payplug also supports multiple currencies worldwide.
“We are excited to join forces with Payplug to elevate our payment offerings and continue to provide our customers with a robust and flexible payment experience, especially now in the French market,” said Sunil Jhamb, CEO at WLPayments/CelerisPay. “This strategic partnership underscores our commitment to delivering cutting-edge solutions and enhancing the overall efficiency of transactions for our valued merchants and partners.”
“We are delighted to be partnering with WLPayments and incorporating our solution into the orchestration platform’s ecosystem.” commented Antoine Grimaud, CEO of Payplug. “This collaboration is not just about technology integration; it’s about empowering businesses to address the French and European market efficiently by providing a seamless localised payment experience.
This partnership signifies a significant step forward for both WLPayments and Payplug, as they continue to innovate and provide tailored solutions to meet the dynamic demands of the payment industry.
For further information about the partnership, please visit www.wlpayments.com and www.payplug.com.
