HSBC and Indian payments firm Juspay have entered into a strategic partnership to create a full-stack acquiring platform aimed at simplifying global payment operations for digital merchants.
The platform will merge HSBC’s global reach with Juspay’s proven payments infrastructure capabilities.
The solution is designed to unify the payment value chain, enabling HSBC to offer merchants a consolidated, end-to-end acquiring experience.
Merchants using the platform will gain access to multiple payment methods through a single provider, enjoy improved transaction success rates, reduce cost complexity, and benefit from enhanced reliability.
Built for speed, flexibility, and reliability, the platform offers end-to-end payment capabilities for merchants.
It includes native checkout interfaces, transaction processing with smart routing and retry logic, access to local payment methods, risk and fraud management, dispute handling, reconciliation and settlement tools, and monitoring and control dashboards.
“The acquiring platform we’re building with Juspay is a full-stack, future-ready solution that meets the fast-changing needs of today’s payments landscape.
This all-in-one solution removes the complexities of managing multiple payment methods for our clients, allowing them to focus their time and energy on growing their businesses,”
said Lewis Sun, Global Head of Domestic and Emerging Payments, HSBC.
“We’re excited to partner with HSBC and set a new benchmark for acquiring by demonstrating how banks and fintechs can co-create high-performance, future-ready infrastructure.
Together, we are building a platform that bridges institutional scale with the agility of modern technology.”
said Sheetal Lalwani, Co-Founder and COO of Juspay.
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Freepik
