Payments-platform-as-a-service provider Shape Technologies is partnering with next-gen technology platform PXP to address challenges faced by payment facilitators (payfacs), ISOs, and ISVs.
In a move to help payfacs go to market more quickly, PXP and Shape Technologies will offer a new turnkey proposition. Through an integration that combines PXP’s omni-channel platform dubbed ‘Unity’ with Shape’s innovative capabilities, the two companies aim to save payment service providers time and reduce their operational costs.
The integration between the two platforms creates a single, end-to-end solution that combines the customisation functionality and embedded process automation delivered by the Shape platform with PXP’s range of payment capabilities and payment processing engine now delivered through its Unity platform.
Jack Mangnall, co-founder at Shape Technologies, said: “PXP’s recent launch of Unity makes it the perfect time for us to commence our relationship. We’re committed to giving our customers access to the world’s best payment processing providers and we’re confident that this latest integration delivers exactly that. Increasing our reach in the UK, EU, and US, this partnership reconfirms our intent to be the global platform of choice for payfacs, ISVs, and ISOs.”
Shape Technologies’ front-end platform looks to automate complex, manual processes throughout the payments industry. By integrating with PXP’s payment processing solution, the combined offering will aim to create tailored front-end experiences that align with business brands and customer expectations to support payment service providers.
Payment service providers, such as payfacs, can capitalise on the collaboration and take it to market under the white-label model, saving them time and money in self-build costs, as well as expediting their own revenue generation.
Alex Apergis, CRO at PXP, also added: “This integration empowers partners to launch and onboard merchants faster, operate more efficiently, and deliver exceptional payment experiences. As we transform into a tech-first company, partnerships like this one with Shape Technologies are essential to creating the future of payment partnerships together.”
