Under the agreement, the two companies plan to integrate their respective platforms for the global mobile commerce market.
PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring and online bill payments. Catering to merchants, resellers and developers, PayLeap provides a single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock.
Spindle delivers payment services that enable buyers, sellers and individuals to transact face-to-face or virtually using mobile or internet devices. A pioneer in Frictionless Finance, the company develops services for companies and end consumers to transact and exchange funds regardless of platform. Spindle provides a platform that supports consumer and merchant engagement services including payment, couponing, loyalty and advertising in a SaaS platform.
In recent news, Spindle has been selected to provide the foundational payments technology for Slide Safe (Slide), a payment platform offered by a consortium comprised of provider of entrepreneurial consulting Anadyne Enterprises and Signature Card Services, a credit card processing services provider.
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