Payscape, a US-based fintech services provider, has teamed up with the Arsenal Credit Union to provide financial technology services to businesses in Eastern Missouri and South-western Illinois.

The agreement will be beneficial for businesses in St. Louis area as they will be able to tap the latest financial products and services for payment processing.

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Additionally, they can streamline their business operations through modern software solutions and increase cash flow.

Both the partners have agreed to support their local businesses by offering new and established workforce with the help of products that are required to manage a business including credit card acceptance at retail storefront, process payments on a mobile phone, operation of online shopping cart or electronic invoice, among others.

Payscape director of sales John Mills said: “We are ecstatic about the partnership with Arsenal. Their constant investment in their members perfectly represents Payscape’s core values and goals.

“Our fintech product suite will help rapidly grow both businesses and keep our current clients coming back for more.”

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Arsenal Credit Union vice president of member services Jean Capriglione said: “Payscape's products and services will enable our small business members to streamline the way they do business and save them money with customized pricing.

“Our new partnership with Payscape enhances our product and service offerings and enables us to deepen relationships with our existing business members and attract new ones. Another reason for choosing Payscape was their commitment to providing excellent service, which is what we are always focused on at Arsenal.”