PayU and Silverflow entered into partnership

Their partnership is expected to drive innovation across the wider payments industry

PayU

PayU and Silverflow entered into partnership. Source: pexels.com

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’re excited to be partnering with Silverflow and their unique solution. By combining their offering with our deep expertise and experience in the domain as well as our state of the art acquiring platform and its capabilities, the combined product is uniquely positioned in the market to enhance and even replace PSP legacy systems and make them more suitable to the needs of today’s data-driven world
Mario Shiliashki, CEO of Global Payments Organisation at PayU

We’ve reported that PayU partnered with Czech fintech to offer deferred payments in Poland

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