iPayment, a provider of payment solutions and processing services, has signed deal with Samsung Pay to expand latter’s acceptance in small to medium-sized business (SMB) marketplace.
As part of the agreement, SMB customers of iPayment will be able to access on-demand educational sessions and order a free Samsung Pay Merchant Kit via iPayment’s iAccess customer engagement portal.
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Samsung Pay global co-GM Will Graylin said: "With iPayment’s longevity in payment processing and merchant services and their broad reach of over 150,000 SMB customers, they are an important company for us as we work to expand Samsung Pay acceptance in the SMB marketplace.
"An initiative with iPayment provides us with the critical ‘last mile’ in educating the SMB customer around our technology and how Samsung Pay works and helping us to facilitate point-of-purchase promotion around Samsung Pay acceptance with the SMB owner."
iPayment co- president Greg Cohen said: "A key element of our value proposition for our direct SMB clients as well as our resellers and referral partners is our ability to ensure that we’re continuously ahead of the latest technologies. That’s especially true within the current state of evolution occurring in the payments space.
"Samsung Pay is just one example of new initiatives we’re cultivating to help our customers stay ahead of the curve with new technologies and alternative payments."
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By GlobalData
