We’re excited to announce emerchantpay’s latest partnership with Propel, a pioneering asset finance specialist. The strategic alliance enables emerchantpay to provide financing solutions to companies across an array of business structures for card payment terminals. Additionally, our partners will be able to offer top-of-the-range card terminals to merchants in the UK, with flexible financing options.
Propel’s award-winning platform, Propeller, ensures an optimised sales process for emerchantpay sales teams and partners. emerchantpay is also launching a ground-breaking customer onboarding platform that will seamlessly integrate with the Propeller platform to give an industry-leading digital onboarding experience.
emerchantpay, with 17 regional and representative offices across the globe and 20 years in payment processing, will be the first payment service provider to partner with Propel, offering card terminal financing solutions to a range of business customers. Propel has helped more than 40,000 businesses access financing to acquire the use of critical equipment quickly and easily. This agreement with emerchantpay is one of a series of important strategic partnerships between Propel and leading organisations, such as Barclays Business Banking and Azets.
SME retailers who service local clients were hit hard in the last 20 months, and potentially have increased debt burden and tax deferrals as a result. emerchantpay’s solutions are more relevant than ever for retailers; enabling increased cashflow, rapid payment and contactless solutions to the end customer. We firmly believe this new financing solution is a significant development for UK businesses as they bounce back from the pandemic.
Jon Horddal, Chief Product Officer at emerchantpay, said:
“We are delighted to be partnering with Propel, a leading digital-first, asset finance company that place the customer at the centre of their thinking. The partnership will enable emerchantpay to offer flexible finance solutions in a digital framework, delivering rapid decisions for our customers. The partnership will enhance the services we provide for our customers and enable our partners to accelerate their growth in an ever-changing payments landscape.” Jon Horddal | Chief Product Officer at emerchantpay
Jon Maycock, Commercial Director at Propel, said:
“Post pandemic, SME merchants will add real value to the economy. We are excited to be partnering with emerchantpay. The significant value that their payment services provide to the SME community underpins the liquidity of the retail industry. We are delighted to support them with transparent finance solutions that protect the merchants and allow them to access funding that is quick, simple and easy to understand." Jon Maycock | Commercial Director at Propel
Looking to learn more about the latest and greatest in-store, online or over the phone card payment solutions? Get in touch with our sales team today.