Vyne Join Hands with BR-DGE for Enhanced Payment Services

Vyne Join Hands with BR-DGE for Enhanced Payment Services
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Vyne, a pioneering provider of account-to-account (A2A) payment platforms has collaborated with a leading payment orchestration organization BR-DGE. This collaboration is said to be on a commercial and technological aspect.   

This collaboration will give companies that utilize the BR-DGE platform more alternatives, enhancing the company and consumer payment experience. Vyne’s Open Banking service, which enables businesses to take payments via bank transfer at lower expenses, will benefit BR-DGE merchants. Each payment processed by Vyne is also automatically Strong Customer Authentication (SCA) compliant, lowering the risk of fraud for both customers and merchants while eliminating chargebacks, all without affecting conversion.

Tom Voaden, Strategic Partnership Lead at BR-DGE, stated, “We are thrilled to be partnering with Vyne to enhance our payment offering to both merchants and their customers. At BR-DGE, we understand the immense benefits of Open Banking and are leveraging its power to provide a frictionless payment experience for all. This latest partnership with Vyne further solidifies our Open Banking capabilities and ensures that our merchants continue to have access to the most convenient and secure payment solutions available. It also presents brilliant opportunities for both firms as we continue our journey of growth.”

BR-DGE businesses can utilize a wide range of payment providers, anti-fraud technologies, and alternative payment ways through a single point of integration (APMs). BR-DGE merchants will be able to cut transaction costs while improving conversion rates and cash flow by leveraging Vyne’s Open Banking-powered payments system.

Vyne’s full stack solution allows merchants to accept consumer payments instantaneously and oversee full and partial refunds in real-time, as well as payouts and batch settlements with complete reconciliation. The Secure Customer Authentication (SCA) embedded payment process will help to enhance merchant checkout conversions by providing a consistent user experience across many channels, such as online checkouts, SMS, chat, email payment, and QR codes.

Luke Flomo, Chief Revenue Officer at Vyne, commented, “Merchants should be able to enhance their payments proposition easily, without strenuous development. BR-DGE enables merchants to seamlessly add payment methods through a single, simple integration. By adding Vyne’s Open-Banking-powered Pay with Bank to BR-DGE’s ecosystem, more merchants will be able to benefit from fairer fees, increased conversion and real-time cash flow. Our partnership with BR-DGE is an exciting move in our wider partnership’s strategy.”

Read: Vyne Selected by Pinewood for Open Banking Services

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