Their partnership is expected to drive innovation across the wider payments industry
PayU has announced its partnership with Silverflow, the cloud-based payments processing startup, to offer Payment Service Providers (PSPs) globally a new card acquiring process.
By allowing direct access to card networks through a single API Silverflow’s platform enables PSPs to instantly add new functionality, streamline quality data flows, and significantly reduce costs.
This means PSPs no longer have to connect to acquirers multiple times over, reducing the complexity and cost of managing a network of card processing solutions. PayU’s compliance expertise and Acquiring Licenses streamline the process further, saving valuable time and resources for PSPs.
We’ve reported that PayU partnered with Czech fintech to offer deferred payments in Poland