on German Startups Group Berlin GmbH & Co. KGaA (isin : DE000A1MMEV4)
FinMont Partners with The Payments Group for Enhanced Payment Solutions
FinMont, a global payment orchestration platform, has formed a strategic partnership with The Payments Group, a leading payment solution provider. This collaboration, announced in Berlin, aims to strengthen FinMont's payment ecosystem. By integrating The Payments Group's cash and e-voucher payment solutions, FinMont seeks to offer increased payment flexibility to its international travel industry merchants.
Originating from the creators of the German airline Hahn Air, FinMont provides the travel industry with a unique B2C and B2B payment streamlining solution. This enhances decision-making by simplifying payment processes. CEO Suby Valluri emphasized the importance of cash payments globally and the potential growth benefits for their merchants through improved payment solutions.
The Payments Group, known for its innovative CashtoCode service, looks to extend its reach in the travel sector through this partnership. CEO Jens Bader highlighted the partnership's role in addressing e-commerce competition by offering streamlined payment processes to a broader merchant audience.
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