Shape Technologies, the payments-platform-as-a-service provider, and PXP, a technology platform, are pleased to announce their collaboration designed to transform the way that ISOs, ISVs, and Payment Facilitators go to market.
The partnership is designed to address the challenges faced by ISOs, ISVs, and Payfacs, delivering a proposition that “enables users to get to market more quickly and do so with market-leading services.”
The integration between the platforms creates a single, end-to-end solution that combines the “customization functionality and embedded process automation delivered by the Shape platform with PXP’s range of payment capabilities and payment processing engine now delivered through its omni-channel platform, PXP Unity.”
Shape Technologies’ front-end platform is said to be focused on leading the charge for customization-in-clicks and the “automation of complex, manual processes throughout the payments industry.”
By integrating with PXP’s payment processing solution, the combined offering will deliver to payment services providers:
- Efficiency: Automating manual processes to save time and reduce operational costs.
- Customization: Creating tailored front-end experiences that align with business brands and customer expectations.
- Processing: Leveraging PXP’s secure and scalable payment processing engine for seamless transactions.
- Scalability: Growing with businesses, enabling them to scale operations effortlessly as they expand.
Payment service providers, such as ISOs, ISVs, and Payfacs, can capitalize on the collaboration and take it to market “under the white-label model, saving them time and money in self-build costs, as well as expediting their own revenue generation.”
Jack Mangnall, Co-Founder at Shape Technologies said:
“We’re delighted to announce our collaboration with PXP. Their recent launch of Unity makes it the perfect time for us to commence our relationship. We’re committed to giving our customers access to the world’s best payment processing providers and we’re confident that this latest integration delivers exactly that. Increasing our reach in the UK; EU; and US, this partnership reconfirms our intent to be the global platform of choice for payfacs; ISVs; and ISOs.”
Alex Apergis, CRO at PXP:
“By combining PXP’s next-gen Unity platform with Shape’s innovative capabilities, we’re delivering exactly what ISOs, ISVs, and Payment Facilitators need to succeed in today’s rapidly evolving market. This integration empowers partners to launch and onboard merchants faster, operate more efficiently, and deliver payment experiences. As we transform into a tech-first company, partnerships like this one with Shape Technologies are essential to creating the future of payment partnerships together.”
The Shape platform’s modular architecture is purpose-built to support the daily operations of the Payfac model, “encompassing the entire merchant and transaction lifecycles.”
This delivers to Payfacs a complete solution, “removing the complexity and cost of building a platform from scratch.”
As PXP prepares to launch its proposition in support of the Payfac model, Shape’s platform makes it the suitable partner to deliver a seamless offering, and the two companies look forward “to further collaborating together to deliver this.”