ONPEX, an online payments exchange and a white-label cloud payment solution, has entered into a strategic partnership with TrustPay, an acquirer based in Slovakia.
Under the agreement, TrustPay will join the ONPEX Global Acquiring Network to provide the ONPEX customer base with its specialist online payment solutions.
The collaboration has already generated a pipeline of merchants wishing to use the partnerships benefits with the first merchants due to go live imminently, according to ONPEX.
ONPEX founder and CEO Christoph Tutsch said: "TrustPay is a very exciting partner for ONPEX being very strong in Eastern Europe and the Baltics. The combination of ONPEX technology and TrustPay’s online solutions will add great value and coverage to our acquiring network."
TrustPay head of business development Richard Tesi said: "ONPEX is truly innovative in its approach to payments. Its belief that technology and payment methods should not be limited to singular deals or geographic borders is revolutionary."