AcceptPayments.com partners Endava to bring new payments marketplace

By Gloria Methri

Endava, a global provider of digital transformation, agile development, and intelligent automation services, has announced its new working relationship with AcceptPayments.com. The partnership aims to bring a new online comparison marketplace to payments and transform the way businesses find their Payment Service Providers (PSPs).

SMEs and corporates will be able to compare PSPs’ offers on key payment acceptance methods, like cards, open banking, crypto, and direct debit.

This will allow merchants to compare services within different categories, such as merchant accounts, card machines, tap-to-pay, QR code payments, pay by link, payment gateways, virtual terminals, and Buy Now Pay Later (BNPL) solutions for their online, in-store, remote or multichannel retail businesses. There are also plans to integrate a natural language processing tool driven by AI technology.

The new payments comparison marketplace is responding to payment systems regulation, including Payment Services Direction (PSD2), soon to become PSD3 and the UK’s own Open Banking directives.

As a technical partner with long-standing payment experience, Endava will ensure that AcceptPayments.com easily connects with providers in the payment ecosystem. With offices globally, Endava will provide ongoing support as AcceptPayments.com extends its reach into new geographies. The first phase of the project is set to go live with 10,000 UK merchants using the platform.

AcceptPayments.com founder and director Sebastian Wood said, “AcceptPayments.com will be a global one-stop shop for merchants looking for their next provider with all the complexities worked out by the platform. We needed a technology company with a global footprint and end-to-end payments expertise and understanding. Endava was the natural choice to match our ambitions.”

Andrew Davies, Global Head of Payments at Endava, said, “This is an exciting opportunity to help a start-up with a founder who has a deep understanding of payments to realise their ambitions and further evolve the global payments ecosystem. We are thrilled to be partnering with such an ambitious provider that shares so many of our values and aspirations.”