PAY. is a Dutch omnichannel payment service provider. By integrating online, offline, mail, telephone orders, and in-app or QR code payments, PAY. streamlines customer transactions into one single view, bringing together technology and innovation to bring convenience to both the business and the customer.
Together, PAY. and Web Shield aim to create a strategic partnership to facilitate growth in the European market through compliance. Web Shield’s tools will help to further automate PAY.’s merchant onboarding process, ensuring a streamlined procedure. Their deep investigative capabilities ensure watertight merchant vetting with a special emphasis on compliance and risk assessment.
“We look forward to the partnership with PAY. and are excited to help them realise their European growth ambitions. Web Shield’s solutions, in particular InvestiGate and Monitor, are sure to prove invaluable assets in automated onboarding of merchants and ensuring continuous compliance,” said Marc Bongers, Web Shield’s CCO.
About Web Shield
Web Shield is a leading RegTech company offering real-time on-boarding and risk-based monitoring solutions. As the trusted partner of international players in the field of merchant acquiring and payment processing, we assist our clients by enabling exceptionally fast on-boarding and compliance in an increasingly complex regulatory landscape. With Web Shield Academy, we operate a unique educational program for underwriters. The complementary Online Academy allows students to learn in their own time, at their own pace, anywhere with an internet connection. To further encourage a culture of collaboration, we also organise RiskConnect – the annual Networking Conference for compliance, risk and anti-fraud professionals.
PAY. is a reliable, smart, driven partner that manages hundreds of thousands of payments every day in the Benelux and beyond. They are working hard to become the largest full-service omnichannel payment processor in the market. By relieving users of all worries related to payment transactions, PAY. as a Payment Service Provider, creates a smooth, fast and safe buying and selling experience. Online and offline. PAY. processed more than 2.5 billion euros in payment traffic in the past quarter.