Shiji Group and Freedompay announce strategic partnership
FreedomPay, a leading global consumer-centric commerce payments platform, has announced a strategic partnership with the Shiji Group (Shiji) to help drive significant global expansion across Asia, Europe and the Americas.
Shiji, the global provider of world-class technological solutions for the hotel, retail, food service and entertainment industries, has integrated with FreedomPay to support the expansion of its payment solution to tens of thousands of additional hotels, stadiums and restaurants worldwide.
Shiji Group recently completed its EMV certification with FreedomPay which allows both FreedomPay and Shiji to securely process and extend both eCommerce and Card Present transactions internationally – meeting the needs of retail, food and beverage and hotel merchants across the globe.
This certification includes three main features: PCI-Validated P2PE, enabling contactless payments, and a multi-channel solution, including Hosted Payment Page, Payment Information Proxy and Virtual Terminal.
Having an EMV certified and PCI-Validated P2PE solution dramatically reduces the cost of compliance and provides greater business protection in the event of a data breach, in addition to enabling contactless payments allowing for faster transactions, less queuing time and consequently a vastly improved consumer experience.
“This is an exciting announcement for FreedomPay and we look forward to supporting Shiji to serve thousands more merchants across the globe. FreedomPay wants to help merchants become more efficient at the point of sale, grow their bottom line and give them more time to devote to running their businesses in a complex, highly customer centric payments ecosystem.” said Tom Durovsik, FreedomPay Founder and CEO.
“By partnering with Freedompay we can continue to provide secure, easy-to-use and modern connectivity to the hospitality market and beyond. The certification of the Shiji Payment Solution with FreedomPay supports our global strategy to create an open platform that integrates widely for the benefit of our customers around the world, as well as enabling the Global Tokenization Service for the hospitality industry.” added Michael Balzer, Vice President – Shiji Global Payment Solutions.