Finance & Economics

Trust Payments announced acquisition of WonderLane

The acquisition also allows the expansion of Trust Payments to offer new services within a scope of an integrated platform

Trust Payments

Trust Payments announced acquisition of WonderLane. Source: shutterstock.com

Trust Payments has acquired WonderLane. The fintech and payments company will deliver innovative technology solutions throughout the acquisition via the brand’s PoS offerings.

WonderLane and Trust Payments will combine their expertise in retail operations technology. The two will combine a unique remittance vision in commerce that will increase the expansion.

Trust Payments will also facilitate the support offered to click and collect services (mobile-based) and self-checkout establishments that are looking for contactless and cashless remittance solutions.

The rising demand for digital remittance solutions is a great avenue for the frictionless payments that Trust Payments looks to offer. The company will also facilitate the move towards cashless economies by supporting the increased use of digital tools.

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