Lloyds Bank ramps up strategic payments partnership with FinTech big hitter FreedomPay

Lloyds Bank has accelerated its strategic partnership with FinTech firm FreedomPay as part of its strategy to offer clients access to a suite of fast, efficient, and secure payments solutions.

The tie up gives merchants using Lloyds Bank Cardnet access to FreedomPay’s payment processing capabilities.

FreedomPay pitches its Next Level Commerce platform as “an end-to-end cloud-based solution that offers fast, secure payments solutions to merchants while giving them access to the most up to date payment types and technologies”.

The company also supports popular payment methods such as mobile wallets functionality.

From connecting #merchants’ entire #payments ecosystem across 75+ countries to leveraging data services to #capitalize on #consumer #insights and drive #behaviors, discover how @freedompay could take your business to the Next Level: https://t.co/cNKOWe1IYw pic.twitter.com/YHKMbY6tJA

— FreedomPay (@freedompay) October 2, 2023

Melinda Roylett, Managing Director at Lloyds Bank Merchant Services, says: “Our renewed strategic partnership with FreedomPay will enable us to continue offering best-in-class payments solutions to our clients.”

“We look forward to developing more benefits that add further value to the service we currently provide our clients with, to help them grow their businesses.”

Chris Kronenthal, President at FreedomPay, says: “Together with Lloyds Bank, we are redefining the customer experience for UK merchants by blending loyalty, security, and value added services.”

“Through the FreedomPay platform, Lloyds Bank’s Cardnet service offers market leading capabilities, optionality, and innovation to merchants.”